Agbi

Agbi

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Riyadh ready to launch metro expansion

Riyadh ready to launch metro expansion

Saudi Arabia is preparing to begin work on the first phase of its seventh Riyadh Metro line in 2026, as it accelerates investment in public transport to support

US private equity company KKR makes first Saudi investment

US private equity company KKR makes first Saudi investment

US company KKR has made its first investment in Saudi Arabia, backing critical water desalination infrastructure through Acwa Power. The private equity company

Residential sales plummet in Riyadh as prices rise

Residential sales plummet in Riyadh as prices rise

Residential sales in Riyadh fell by nearly half during the third quarter of 2025.  Rising house prices dented demand and raised concerns about affordability, real

Adic to focus on private credit and ‘core’ infrastructure next year

Adic to focus on private credit and ‘core’ infrastructure next year

The Abu Dhabi Investment Council (Adic) is increasing allocations to infrastructure and private credit, sharpening its focus on sectors it sees as central to global

Oman GDP rises on the back of growing non-oil revenues

Oman GDP rises on the back of growing non-oil revenues

Oman’s GDP edged up 1.5 percent year on year to $80.5 billion in the first nine months of this year, pushed by non-oil trades.  The sultanate’s crude oil revenues

UK’s Terra to explore for oil and gas in Egypt

UK’s Terra to explore for oil and gas in Egypt

UK company Terra Petroleum will start exploring for oil and gas in Egypt, making its debut in the country. Terra has signed an agreement with the Egyptian General

Rotortrade enters Saudi Arabia with Riyadh centre

Rotortrade enters Saudi Arabia with Riyadh centre

Rotortrade, a Singapore-based helicopter distributor backed by Saudi Arabia’s Public Investment Fund, has announced plans to develop a service centre in Riyadh.

Iraq to launch long-delayed rail link with Iran

Iraq to launch long-delayed rail link with Iran

Iraq plans to launch a long-delayed project to build a rail line linking its southern regions with neighbouring Iran, the transport minister said. The project was

Dubai charities can accept crypto donations

Dubai charities can accept crypto donations

Charitable associations and institutions in Dubai will begin accepting donations via cryptocurrencies. The Islamic Affairs and Charitable Activities Department (

IMF reaches agreement on Egypt’s next loans

IMF reaches agreement on Egypt’s next loans

The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Egypt on the fifth and sixth reviews under its Extended Fund Facility