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

Energy Development Oman revenue falls on lower oil prices

Energy Development Oman revenue falls on lower oil prices

Revenue at state-owned Energy Development Oman (EDO) in 2025 fell 8 percent compared with the year before to $14.8 billion as a result of lower oil prices, the

Whoop targets GCC after UAE and Qatar back $575m fundraising

Whoop targets GCC after UAE and Qatar back $575m fundraising

Two UAE entities and one from Qatar participated in the latest $575 million funding round for Whoop, a US-based wearable technology company. Abu Dhabi-listed 2PointZero

Saudi Exchange suspends 18 firms over failure to disclose financials

Saudi Exchange suspends 18 firms over failure to disclose financials

The Saudi Exchange has suspended 18 listed companies from trading for failure to submit annual financial statements within the required period. In an announcement

Passenger volume up at Egypt’s airports despite Iran war

Passenger volume up at Egypt’s airports despite Iran war

Passenger volume at Egypt’s airports rose by 8 percent year on year in the period from March 1 to 29, despite the impact of the Iran war, which started on February

Kuwait says Iran drone attack sets airport fuel tanks ablaze

Kuwait says Iran drone attack sets airport fuel tanks ablaze

An Iranian drone attack struck fuel tanks at Kuwait International Airport on Wednesday, sparking a massive fire but causing no casualties, Kuwait’s state news agency

Adnoc Distribution pays $700m dividend for 2025

Adnoc Distribution pays $700m dividend for 2025

Adnoc Distribution, the fuel and convenience retail arm of Abu Dhabi National Oil Company, will pay a total dividend of AED2.6 billion ($700 million) for 2025.

Tanker hit by two projectiles near Qatar’s Ras Laffan

Tanker hit by two projectiles near Qatar’s Ras Laffan

A tanker struck off Qatar was hit by two projectiles, one causing a fire that has since been extinguished and another remaining unexploded in the vessel’s engine

UAE raises fuel prices more than 30% due to Iran war

UAE raises fuel prices more than 30% due to Iran war

The UAE has increased fuel prices by more than 30 percent month-on-month in April following a surge in the cost of crude oil since the start of the Iran conflict

Final decision on Jordan’s $1bn green ammonia project next year

Final decision on Jordan’s $1bn green ammonia project next year

Polish hydrogen producer Hynfra has appointed Topsoe, a Danish clean-energy company, to conduct a front-end engineering design (Feed) study for a $1 billion green

2PointZero unit to buy US gas pipeline developer for $2.3bn

2PointZero unit to buy US gas pipeline developer for $2.3bn

2PointZero Group, the Abu Dhabi-based investment holding company, has agreed to acquire a US-based developer of long-haul natural gas pipelines for $2.3 billion