Analysis Finance Growth-stage investment heats up as Gulf IPOs gain traction Global investors are increasingly vying for stakes in later-stage Gulf startups, betting on the region’s economic expansion and stronger exit opportunities, as the regional IPO markets gain momentum. The region, long overlooked for growth-stage capital – minority investments in established companies aimed at accelerating expansion – is witnessing a surge of interest from giants such […] March 13, 2025
Video length: 06:27 VIDEO EXCLUSIVE Oil & Gas CERAWeek day 2: ‘Cautious optimism’ among the oilmen On day two of CERAWeek in Houston, AGBI spoke to Joseph McMonigle, founder of the Global Center for Energy Analysis and former head of the International Energy Forum, about the second Trump administration. Watch the video to find out why McMonigle, who worked at the US Department of Energy under President George W Bush, sees […] March 12, 2025
Oil & Gas Adnoc to ramp up investments in US gas sector The international investment arm of UAE state oil company Adnoc will soon make a significant investment in US natural gas, Adnoc CEO Sultan Al Jaber said on Tuesday. The UAE is a member of the Opec+ producer group and one of the world’s top oil producers. Adnoc’s wholly-owned international investment arm XRG has about $80 billion in assets and […] March 12, 2025
Video length: 02:23 Opinion Oil & Gas Triumphalism is king on day 1 of CERAWeek in Houston The 'oilman's Davos' kicks off with a nod to Elvis March 11, 2025
Opinion Oil & Gas Yeehaaw! I’m going back to Houston for the ‘Oil Man’s Davos’ Are Donald Trump and the oil industry on the same page? Stay tuned March 7, 2025
EXCLUSIVE Banking and Finance Citigroup hiring to tap the Gulf family office market Citigroup says it is expanding its presence in the UAE, the second-largest Arab economy, as it competes to manage more of the assets of wealthy Gulf merchant families. $1 trillion of these assets are expected to shift to the next generation by the end of this decade. To boost its capabilities, the US bank says […] March 7, 2025
Trade Trump plans Saudi Arabia visit to reach $1trn deal US President Donald Trump said on Thursday he is likely to make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest upwards of $1 trillion in the US economy, including purchases of military equipment. Talking to reporters in the Oval Office, Trump said he would probably travel there in […] March 7, 2025
EXCLUSIVE Aviation US startup Doroni to bring recreational flying cars to Gulf Doroni Aerospace, a US developer of electric vertical take-off and landing (eVTOL) aircraft, last week secured an additional $150 million from a Saudi investor. The investment came only days after the company announced an initial $30 million deal with Kingdom Aero Industries (KAI). Florida-based Doroni was launched in 2017 and is working to manufacture US […] March 6, 2025
Oil & Gas Qatar-US LNG export project back on track A liquefied natural gas export project co-owned by Qatar won approval from the Trump administration to have its starting date permit extended by three years on Wednesday. The Golden Pass LNG project in Texas, co-owned by the state-run QatarEnergy LNG and Exxon Mobil Corp, was required to commence operations by November 30, 2026. Negotiations to […] March 6, 2025
Opinion Logistics GCC is ‘beacon of resilience’ but more challenges are coming Economic plans have remained intact through all the geopolitical disruptions of the past year March 5, 2025
Analysis Oil & Gas US energy push bodes well for GCC’s LNG interests Since his return to the Oval Office, Donald Trump has moved aggressively to unleash a new era for the American energy sector. Last month, he established a National Energy Dominance Council, tasked with expediting projects by cutting red tape and promoting private-sector investment. He has also lifted a moratorium on liquefied natural gas (LNG) export […] March 5, 2025
Oil & Gas Oil prices fall as Opec+ to proceed with output rise Oil prices continued to fall on Tuesday after reports that Opec+ will proceed with a planned output increase in April and markets braced for US tariffs on Canada, Mexico and China to take effect. Brent futures fell 49 cents, or 0.7 percent, to $71.13 a barrel at 04:55 GMT, as US West Texas Intermediate crude dropped 26 cents, […] March 4, 2025
Opinion Banking and Finance Gulf investors should hedge rising macro risks with Asian assets GCC investors face draconian macro risk as the American economy heads towards stagflation March 3, 2025
Employment $5m US golden visa may be out of reach for some Arabs People born in Egypt and Morocco may find it more difficult than those born in Saudi Arabia or the UAE to secure President Trump’s $5 million “gold card” US permanent residency because of restrictions on capital flows. The Gulf and wider Mena region punch above their weight globally when it comes to the number of […] March 3, 2025
Artificial Intelligence Microsoft urges rule change on US exports of AI chips to Gulf Microsoft has asked President Trump’s administration to ease export restrictions on artificial intelligence chips for a group of US allies, including the UAE and Saudi Arabia. The AI Diffusion Rule, introduced in the final days of President Joe Biden’s administration, controls access to US-made advanced AI tech, particularly high-performance computing chips and AI models. In […] February 28, 2025
Mining Saudi Arabia turns to recycling to enhance mineral recovery As part of its push to make mineral mining a pillar of its otherwise hydrocarbon-dominated economy, Saudi Arabia is investigating how to increase extraction by recycling mining waste. This is providing a valuable opportunity for local startups and US technology companies. Since the start of the year, several startups in the critical minerals and rare […] February 28, 2025
Opinion Banking and Finance Miami’s Saudi love affair hasn’t convinced everyone Saudi Arabia is all the rage among US investors, but FDI constraints remain February 27, 2025
Opinion Oil & Gas The Riyadh summit will shape global energy geopolitics Diplomatic pressure is rising and so is the volatility of black gold February 26, 2025
Manufacturing EV maker Lucid’s CEO quits as total losses hit $13bn Peter Rawlinson, the CEO of the Saudi Arabia-backed electric car maker Lucid Motors, has resigned after the Californian company’s total accumulated losses rose to almost $13 billion. Earlier this week, Lucid announced that its losses in 2024 were up almost 11 percent to $3.1 billion, from $2.8 billion the year before. Shares in Lucid, which […] February 26, 2025
Agriculture Turkey meets US egg demand with increased exports Turkish producers are redirecting egg exports to the US in response to an outbreak of avian flu which is crippling the US poultry sector. The increased US sales could mean Gulf countries will shell out more for their breakfast staple. The Turkish government has given egg producers approval to increase US sales, with the packaged […] February 26, 2025
Oil & Gas Investors may shun Gulf as oil prices fall, BoA says President Donald Trump’s “drill, baby, drill” push to increase US oil production and potentially drive lower prices could dampen investor appetite for Gulf Arab markets, according to the Bank of America. Saudi Arabia, the world’s second-largest oil producer, has been on a marketing blitz in the US this past week, hosting an investor conference in […] February 26, 2025
Logistics DHL buys stake in Saudi logistics company Ajex The US logistics company DHL has bought a minority stake in the Saudi parcel logistics company Ajex to tap into growth in the largest Arab economy. DHL eCommerce bought the stake in Riyadh-based Ajex Logistics Services, the DHL unit said, without disclosing the sum. “We are focusing on markets like Saudi Arabia that exhibit significant […] February 25, 2025
