4 May 2021 18:58 GMT
Updated
4 May 2021 18:58 GMT
in
Singapore
Middle East and North Africa energy investments are forecast to exceed $805 billion over the next five years (2021 to 2025), according to The Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution.
Apicorp’s latest MENA energy investment outlook see only a modest $13 billion increase in committed and planned energy investments compared to last year’s outlook, however renewables surge to claim an almost 40% share of the estimated $250 billion in power sector investments.
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