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By Sarah Townsend
Turkey's new fund will provide equity financing to green and innovative transformation companies Pexels/Pixabay
Turkey's new fund will provide equity financing to green and innovative transformation companies

The Middle East remains a global hydrocarbons powerhouse, but it is also ramping up renewables and decarbonising oil and gas. In this special report, AGBI spotlights a bold new era for the region’s energy sector.

With Adipec, the world’s largest energy industry event in the UAE, taking place this week, readers will learn what is going on in the oilfields of Iraq, how rising costs are impacting the Gulf’s solar industry, why Abu Dhabi and Saudi Arabia are expanding chemicals production, and why the Saudi-Russian oil alliance has endured years beyond its origins.

Click the image below and register your details to download a printable PDF of the AGBI energy special report.

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Click the image above to download the exclusive AGBI energy special report

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Sharjah RAK gas Mahani field

Sharjah buys slice of concession in RAK in hope of gas

The state-owned Sharjah National Oil Corporation (Snoc) has acquired a 30 percent stake in a concession located onshore in Ras Al Khaimah from the Italian energy company Eni in the hunt for gas. Block 7, awarded to Eni in 2021, covers an area of 430 square km and is being actively explored, with drilling of […]

Clothing, Hardhat, Helmet A worker makes notes at a Saudi Arabian steel factory; the industrial production index fell from 114 points in March 2023 to 104 in March 2024

Industrial output falls in Saudi Arabia after oil cuts

Saudi Arabia’s industrial output index has fallen almost 9 percent over the past year, largely due to a policy of oil production cuts the government began in mid-2022. The industrial production index fell from around 114 points in March 2023 to 104 in March 2024, as mining and quarrying fell by 14 percent and manufacturing […]

Dubai Lifestyle City as it was meant to look. Two different developers failed to complete the project

Plots from failed Dubai Lifestyle City project up for auction

Plots of land from a never-completed AED2.4 billion ($650 million) development in Dubai, once endorsed by tennis star Maria Sharapova, have been put up for auction. The abandoned Dubai Lifestyle City project was announced in 2007 by developer ETA Star Projects, a division of the ETA-Ascon business group. It promised buyers “high style living” in […]

Waleed bin Ibrahim Al Ibrahim, CEO of MBC Group, which raised $222 million with its IPO

Saudi Arabia dominates Mena Q1 public listings

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