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Arab Petroleum Investments Corporation (Saudi Arabia)

Main Activities: Other Financial Investment Activities
Full name: Arab Petroleum Investments Corporation Profile Updated: February 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Arab Petroleum Investments Corporation (APICORP) is a multilateral development bank established to foster the development of the Arab world's oil and gas industries. The organization was created under the terms of an agreement signed by the ten Member States of the Organization of Arab Petroleum Exporting Countries (OAPEC) in September 1974. APICORP's vision is to transform the Arab energy industry into a powerful force for the regional economic progress. Driven by this vision, APICORP seeks to make equity investments and provide project loans, trade finance, advisory and research to the industry. APICORP is one of the five organizations established by OAPEC to promote cooperation and economic integration in the Arab hydrocarbon and petrochemical industry. It supports sectors across the industry spectrum including projects that are derived from or complementary to the industry. APICORP is independent in its functioning and carries out its operations on a commercial basis. The Corporation's headquarters are located in Al-Khobar/Dammam, in the Eastern Province of Saudi Arabia. APICORP also operates a Banking Branch in Manama, Bahrain. APICORP is an inter-Arab joint stock company hosted by the Kingdom of Saudi Arabia.

Headquarters
Building No. 7116, Prince Turki Ibn Abdulaziz Al Awal Street, Secondary No. 4400, Al Malqa Dist.
Riyadh; Al-Riyadh; Postal Code: 13523

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Website: https://www.apicorp.org/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 23, 1975
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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17%
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17%
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17%
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15%
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10%
Subsidiaries
APICORP Managed Investment Vehicle (Cayman Islands)
100%
APICORP Sukuk Limited (Cayman Islands)
100%
APICORP Trading SPV Limited (Cayman Islands)
100%
Company Performance
Financial values in the chart are available after Arab Petroleum Investments Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
80.05%
Total operating revenue
75.44%
Operating profit (EBIT)
49.44%
EBITDA
112.08%
Net Profit (Loss) for the Period
49.44%
Total assets
10.78%
Total equity
14.34%
Operating Profit Margin (ROS)
-11.64%
Net Profit Margin
-11.64%
Return on Equity (ROE)
1.2%
Quick Ratio
-10.55%
Cash Ratio
-0.38%

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