MANAMA: Energy investments in the Mena region are expected to increase by nine per cent to exceed $879 billion over the next five years, a $74bn increase from its $805bn estimate last year, according to Arab Petroleum Investments Corporation (Apicorp).
The multilateral financial institution in which Bahrain owns 3pc stake released its Mena Energy Investment Outlook 2022-2026 noting that the Russia-Ukraine war has led to contrasting impacts on the region’s energy landscape .