Gavin Gibbon

1 week ago | agbi.com | Gavin Gibbon

Aviation ‘Demand continues to be strong’US imports are 13% of global totalWashington-Beijing standoffEmirates SkyCargo has said it remains fully committed to the North American market despite escalating trade tensions and uncertainty sparked by Donald Trump’s tariffs.

1 week ago | agbi.com | Gavin Gibbon |Megha Merani

Analysis Construction Aluminium up 9%, cement up 5.5%Luxury hotels most affected But suppliers may lower pricesThe global trade tensions triggered by Donald Trump’s tariff hikes is sending shockwaves through the Gulf’s construction sector, leading Saudi Arabia and the UAE to rethink sourcing materials and supply chain networks.

1 week ago | agbi.com | Gavin Gibbon

Markets Alamy via Reuters Connect Gulf joins the gold rushPerceived safe haven assetPrices could reach $8k per ounceGulf investors are joining the gold rush as they look for a safe haven amid the biggest swings in global markets since the Covid pandemic and the 2008 financial crisis.

2 weeks ago | agbi.com | Gavin Gibbon

Business of Sport Action Images/Ed Sykes/Reuters Prince sold Sheffield Utd in 2024 Looking to invest in new clubs ‘We’ll use lessons we’ve learned’ The former Saudi royal owner of the English Championship side Sheffield United, Prince Abdullah bin Mosaad bin Abdulaziz Al Saud, is returning to the football market with a sports investment fund worth as much as SAR1 billion ($266 million). Prince Abdullah told the Sports Investment Forum in Riyadh this week that his group intends to contribute...

2 weeks ago | agbi.com | Gavin Gibbon

Aviation Aviation fuel costs may fallTravellers face economic uncertaintyUS tariffs up almost three timesWhile the lowest oil prices in four years may translate into lower jet fuel costs for airlines, slower economic growth in Europe and Asia could dampen international travel demand for Gulf carriers, analysts say.