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Agbi

AGBI is a premium intelligence platform focused on business dynamics in the Middle East and Gulf region. Headquartered in London it provides global investors with in depth analysis of energy finance and infrastructure serving as a bridge between the Gulf market and the global economy.

Agbi's Articles

Neom terminates $1bn tunnel contract at heart of The Line

Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” giga-project, according to public documents.

2026/03/18

RAK Properties outlines plan as Iran war tests market

Ras Al Khaimah has not been spared the consequences of the Iran war, denting one of the UAE’s most dynamic property markets. A leading developer there is already

2026/03/18

S&P issues warning on Gulf bank deposits ‘if war persists’

Customers could withdraw up to $307 billion from Gulf banks if the Iran war persists, S&P Global Ratings warned on Tuesday. The credit ratings agency’s forecast

2026/03/17

Egypt to privatise operation of desalination plants

Egypt has invited the private sector to take over the operation and maintenance of seawater desalination facilities on its northwestern shores. All desalination

2026/03/17

$370m Jubail plant to support Saudi aquaculture

Saudi Industrial Investment Group (SIIG) is developing a bio-protein production project in Jubail Industrial City with a view to supporting growth in Saudi Arabian

2026/03/17

Spinneys pays total dividend of $68m for 2025

Shareholders of Dubai-listed Spinneys have approved the payment of AED249 million ($67.80 million) as a dividend for 2025. The agreement for the payout was given

2026/03/17

Turkey’s Artas wins $400m Oman waterfront contract

Oman has awarded Turkey’s Artas Holding a OR150 million ($400 million) contract to build a residential development project, despite ongoing conflict in the wider

2026/03/17

Drake & Scull revenue doubled to $61m in 2025

Drake & Scull International said revenues more than doubled in 2025, driven by projects gaining pace across core markets and the continued conversion of its order

2026/03/17

Oman Air adds war risk and fuel surcharges on cargo

State-run Oman Air will introduce fuel and war risk surcharges across its cargo network from March 18. The move comes amid continued volatility in global aviation

2026/03/17

Muscat bourse to extend trading hours from June

The Muscat Stock Exchange (MSX) will extend daily trading by an hour to boost activity and market liquidity. The move will take effect from June 1, with the market

2026/03/17