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The annual MENA Energy Investment Outlook of Arab Petroleum Investments Corporation (APICORP), the multilateral development bank, predicts 3.2% growth in 2018 and 2019. It reflects that a considerable number of critical projects will be pushed in the MENA region in the next five years despite the volatile geopolitics. A total of $345 billion has been committed to ongoing projects and furthermore, $574 billion worth of development is planned.
