The Arab Energy Fund Unveils Bold New Brand Identity at 50th Anniversary

The Arab Energy Fund Unveils a New Brand Identity

On January 28, 2025, a momentous occasion unfolded in Riyadh, Saudi Arabia. The Arab Energy Fund, formerly known as APICORP, introduced a vibrant new brand identity during the celebrations of its 50th anniversary. The event was graced by the presence of HRH Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, alongside several ministers from member countries of the Organization of Arab Petroleum Exporting Countries (OAPEC).

The rebranding is a significant step reflecting the Fund's dedication to adapting to evolving global energy trends while enhancing energy security and sustainability in the region. The Fund aims to become a leading multilateral impact financial institution focusing on energy, particularly within the MENA region.

During the event, Prince Abdulaziz commended the solidarity and proactive approach of the Fund's members. They have taken decisive steps to align with recent decisions made by member states to restructure OAPEC, amend its founding agreement, and expand its functions under the new name of the Arab Energy Organization. This shift underscores a renewed commitment to supporting Arab nations in achieving their energy transition goals, tailored to their unique energy mixes and sector challenges.

The rebranding event also served as a platform to unveil the Fund's latest logo. This emblem encapsulates the essence of unity and boundless energy, featuring rotating blades that symbolize the ten member countries. The circular design signifies the Fund’s renewed focus on generating impactful investments while maintaining momentum to deliver both financial and social returns.

Highlighting its transformative vision, the Fund is set to enhance its financing solutions, including loans, equity investments, and advisory services, tailored for both the public and private sectors across over 35 nations. Furthermore, as part of the anniversary festivities, the Arab Energy Fund celebrated the graduation of its inaugural cohort from the 50+ Graduate Development Program. This initiative, established in 2024, aims to empower fresh graduates with essential skills and hands-on experience in the field of energy finance, reinforcing the Fund’s commitment to innovation and talent development.

Established in 1974 by ten member countries, the Arab Energy Fund is dedicated to ensuring a stable and sustainable energy environment within the MENA region. It offers a comprehensive range of financing options and expertise throughout the energy value chain. Maintaining high standards of environmental, social, and governance (ESG) principles, the Fund ensures that approximately 20% of its USD 5.3 billion loan portfolio is allocated to environmentally and socially linked projects.

With its strong backing from member nations and a commitment to excellence recognized by international rating agencies—Moody's grants it an 'Aa2' rating, while Fitch and SP rating it 'AA' and 'AA-', respectively—the Arab Energy Fund stands as a unique financial institution in the MENA energy sector.

To learn more about the Arab Energy Fund and its initiatives, visit www.taef.com. The Fund is determined to play an influential role in shaping an energy-secure future for the MENA region through meaningful investments and strategic partnerships.