Via Al Monitor, a look at how – amid increasing cooperation between the two countries – an alternative trade corridor is planned linking Europe, the Middle East and Asia; Abu Dhabi wealth fund ADQ is reportedly in talks with Turkey to build a railway over the Bosporus in Istanbul as part of a planned trade corridor linking […]
Read more »Courtesy of Foreign Affairs, an article on whether the world’s fossil fuel giants can lead the energy transition: In the last few years, the global energy outlook has been transformed. The rise of populist politics and a growing sense of urgency about climate change have roiled debates about energy policy in wealthy countries, generating a […]
Read more »Via Al Monitor, a report on Abu Dhabi’s plans to invest $15 billion in decarbonization: The Abu Dhabi National Oil Company (ADNOC) announced a major investment in sustainable and green technology Thursday. ADNOC said it allocated $15 billion to decarbonization projects to be invested by 2030. They specifically mentioned the following, according to a press release: carbon capture […]
Read more »Courtesy of Bloomberg, an interesting report on Abu Dhabi’s Al Nahyan family which owns Manchester City Football Club, a dozen or so palaces and invested big in SpaceX and Savage X Fenty: In a region where opulence is on full display, Sheikh Tahnoon bin Zayed Al Nahyan keeps a low profile belying his importance. That doesn’t stop the […]
Read more »Via The Economist, a report on how a richer, more powerful, and more volatile Gulf is emerging: In eight weeks, roughly 1m football fans will descend on Qatar for the World Cup, many of them travelling via neighbouring cities such as Dubai and Abu Dhabi. They will find a Gulf in the midst of a […]
Read more »Courtesy of The Financial Times, an article on Abu Dhabi’s investment fund which is cutting energy and commodity holdings as it turns focus to tech: Abu Dhabi’s most active investment fund Mubadala is turning away from its roots as it cuts its holdings in energy and other commodity-related assets while ramping up investments in technology, healthcare […]
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