Agbi

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

Dozens of energy assets ‘severely’ damaged during Iran conflict

Dozens of energy assets ‘severely’ damaged during Iran conflict

At least 40 energy assets have been “severely or very severely damaged” across nine Middle East countries since the Iran conflict started, International Energy

Morocco’s budget deficit soars 40%

Morocco’s budget deficit soars 40%

A sharp increase in spending on projects to support Morocco’s hosting of the World Cup coupled with lower revenues boosted the kingdom’s budget deficit by nearly

Aramco lowers crude shipments to Asia for second straight month

Aramco lowers crude shipments to Asia for second straight month

Saudi Aramco has reportedly lowered crude shipments to Asia for the second consecutive month in April. The state oil company is supplying only Arab Light crude

Gold slips 3% to 4-month low

Gold slips 3% to 4-month low

Gold prices slipped nearly 3 percent on Monday, hitting a four-month low as the Iran conflict shows little sign of abating. Spot gold was down 2.8 percent at $4

Saudi Arabia expands shipping services via Red Sea

Saudi Arabia expands shipping services via Red Sea

Saudi Arabia’s port authority has added five new maritime shipping services following Iran’s near-closure of the Strait of Hormuz amid the conflict that began on

Egypt to clear $1bn debt to oil companies by June

Egypt to clear $1bn debt to oil companies by June

Egypt plans to clear outstanding payments to international oil companies as it moves to rebuild investor confidence and revive exploration activity, according to

Turkey to invest $80bn in renewable energy by 2035

Turkey to invest $80bn in renewable energy by 2035

Turkey’s government has pledged to invest $80 billion into renewable energy by 2035 to reach its 120GW installed capacity target. Alparslan Bayraktar, the minister

PIF’s Savvy to buy TikTok owner’s game studio for $6bn

PIF’s Savvy to buy TikTok owner’s game studio for $6bn

Savvy Games Group, a games and esports company wholly owned by Saudi Arabia’s Public Investment Fund, will reportedly buy Moonton studio from China’s ByteDance.

Saudi airports providing vital service for Gulf carriers

Saudi airports providing vital service for Gulf carriers

Saudi Arabia’s King Fahd International Airport in Dammam is emerging as a vital fallback for Gulf carriers disrupted by regional airspace closures linked to the

GCC asked to help evacuate 20,000 Hormuz seafarers

GCC asked to help evacuate 20,000 Hormuz seafarers

The head of the UN’s International Maritime Organization (IMO) wants to work with GCC countries on a “safe-passage framework” to evacuate 20,000 seafarers from