Abu Dhabi To Invest $15 Billion In Decarbonization
January 6th, 2023
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 »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 »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 »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 »Gulf Continues to Accelerate
July 20th, 2008
Via Arabian Business.com, an interesting article detailing the biggest share gainers in the Gulf during the first half of 2008. According to the report: “…Four of the world’s top ten performing stock exchanges are in the Gulf. Oman’s main stock index has gained 29.4 percent since the beginning of the year as Kuwait advanced 21.3 […]
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.