GCC is set to become global hydrogen export hub catering to demand in Europe and Southeast Asia, according to Arab Petroleum Investments Corporation.

Mena’s renewable energy sector has been gaining momentum, Arab Petroleum Investments Corporation (Apicorp) said and noted almost 20GW of solar power is expected to be added over the next five years.

The maiden $750mn green bonds of Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution, has oversubscribed almost three times, indicating the growing demand for sustainable investment instruments and the overwhelming response from the sovereign investors

Arab Petroleum Investments Corporation (Apicorp) an energy-focused multilateral development bank established by 10 Arab oil exporting countries targets allocating $1bn to green energy projects and sustainable energy companies over the next two years

Power investments in the Middle East and North Africa (Mena) region amount to $250bn between 2021 and 2025, Arab Petroleum Investments Corporation (Apicorp) said in a report.

The combination of low-cost gas resources and low-cost renewable energy makes the Middle East and North Africa (Mena) region a "strong" candidate to become a major exporter of blue and green hydrogen

Qatar is expected to maintain its title as the world’s top LNG (liquefied natural gas) exporter well into the next decade, according to Arab Petroleum Investments Corporation (Apicorp).

Energy projects worth $622bn are planned in the Mena region over the next five years, Arab Petroleum Investments Corporation (Apicorp) has said in a report.