Mubasher: The Arab Energy Fund, which recently rebranded from The Arab Petroleum Investments Corporation (APICORP), launched a graduate training programme dubbed ‘50+’ for regional fresh graduates who want to gain work experience and endorse their professional capabilities in energy finance.

The enrolled graduates will have training for six months during which they will be immersed into different disciplines within The Arab Energy Fund, according to a press release.

Moreover, the 50+ programme will provide the graduates with practical tasks and projects in relevant departments based on their field of study.

CEO of The Arab Energy Fund, Khalid Ali Al Ruwaigh, said: “The Arab Energy Fund’s “50+” graduate training programme exemplifies our commitment to empowering the next generation of Arab energy leaders.”

The name of the training programme references the corporation’s 50-year journey in funding the energy industry in the MENA region in addition to its commitment to carry on for the coming 50 years.

Al Ruwaigh added: “Through professional development opportunities, immersive experiences, and continuous support, we aim to place the foundation where they can advance and unlock their full potential.”

The CEO concluded: “This programme serves as a catalyst for innovation, bridging the gap between academia and application, and propelling the energy ecosystem towards a sustainable future.”

Launching the training programme followed the announcement of The Arab Energy Fund’s 2023-2028 strategy, which includes a planned investment that would reach $1 billion over five years in the energy transition and decarbonisation.