Energy investments in Arab world to reach $685 bn in 5 years’: - TopicsExpress

Energy investments in Arab world to reach $685 bn in 5 years’: Energy capital investments in the Arab world will total $685 billion over the next five years, according to a new report. Set against the backdrop of continuing regional turmoil, uncertainty in many global and regional economies, and a declining oil price, APICORPs latest Arab Energy Investment Outlook predicted lower investment levels compared to the previous years report. It stated that energy sector investments would have dipped even further had it not been for an apparent catch-up effect, particularly evident in the power sector, as well as ever-increasing project costs.

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