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.

Articoli di Agbi

Cerebras refiles for IPO but UAE ties remain

Cerebras refiles for IPO but UAE ties remain

US artificial intelligence chipmaker Cerebras Systems has revived plans for a Nasdaq listing after clearing scrutiny over its Abu Dhabi ties. The Californian company

Only two ships transit Hormuz after US seizure rattles market

Only two ships transit Hormuz after US seizure rattles market

Just two commercial vessels fully transited the Strait of Hormuz on Monday after the US seizure of an Iranian cargo ship, according to tracking data. The slowdown

Iran war weighs on GCC aluminium output in March

Iran war weighs on GCC aluminium output in March

Aluminium production in GCC countries declined in March due to the US-Iran war, the International Aluminium Institute (IAI) said on Monday. Output fell 6 percent

UAE moots currency swap with US if Iran impact worsens

UAE moots currency swap with US if Iran impact worsens

The UAE has informally asked the United States for a currency swap agreement that would enable the Gulf country to exchange dirhams for dollars should the Iran

Hermès slump a sign of luxury’s wider woes in Iran war

Hermès slump a sign of luxury’s wider woes in Iran war

Luxury goods maker Hermès said the Iran war cut into its worldwide first-quarter growth, derailing a strong start to the year as temporary store closures and a

Abu Dhabi’s Zayed airport opens for non-flying shoppers

Abu Dhabi’s Zayed airport opens for non-flying shoppers

Abu Dhabi’s Zayed International Airport (AUH) has introduced a new “shopping pass” allowing non-travellers access to its terminal. The move is aimed at boosting

Nakheel awards $144m Dubai Islands infrastructure contract

Nakheel awards $144m Dubai Islands infrastructure contract

Dubai state-owned developer Nakheel is accelerating construction of Dubai Islands. Nakheel awarded an AED527 million ($144 million) contract to build the infrastructure

NMC funds allegedly used for Shetty luxury assets, court hears

NMC funds allegedly used for Shetty luxury assets, court hears

Funds from the now-collapsed Abu Dhabi-based NMC Health were allegedly used to acquire a private jet for founder BR Shetty, fit out his Burj Khalifa apartment and

Abu Dhabi may merge China assets of L’imad and  Mubadala

Abu Dhabi may merge China assets of L’imad and Mubadala

Abu Dhabi is reportedly mulling merging the assets of two of its sovereign funds in China into a new entity to prevent competition between them. The planned venture

Morocco’s capital market gets EBRD’s $43m support

Morocco’s capital market gets EBRD’s $43m support

The European Bank for Reconstruction and Development (EBRD) is backing Morocco’s capital markets by investing MAD400 million ($43.3 million) in a local municipal