Gulf Family’s $300 Billion Fortune Is About More Than Oil
December 9th, 2022
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 »An Energy Crisis + Geopolitics = A New-Look Gulf
September 23rd, 2022
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 »Abu Dhabi’s Mubadala Looks Beyond Resource Roots
April 19th, 2021
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 […]
Read more »Twilight of Petrostates
August 1st, 2020
Via The Economist, an article on the impact of the demise of easy oil money: Their budgets don’t add up anymore. Algeria needs the price of Brent crude, an international benchmark for oil, to rise to $157 dollars a barrel. Oman needs it to hit $87. No Arab oil producer, save tiny Qatar, can balance […]
Read more »Oil Rich Nations Place Their Bets
August 29th, 2008
Found a highly insightful article in the recent Harvard Business Review (subscription required) which examines where oil-rich Gulf countries are investing staggering sums brought about by the combination of the gigantic American trade deficit and the price of oil at more than $125 per barrel which have created an attendant pool of financial liquidity among […]
Read more »Ka$hakhstan
August 10th, 2008
Via Arabian Business, an interesting look at the wave of Middle Eastern investment targeting Kazakhstan. Up for grabs is the vast and untapped commodity wealth of a country the size of Western Europe, with all the wheat, copper and uranium that Gulf states need. As the article notes: “…The head of investment banking at Renaissance […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.