Middle Eastern Markets
December 11th, 2007
Via Bloomberg, an interesting review of the equity markets in Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman where – as oil revenues spur construction and increase demand – profit growth is projected to exceed other emerging markets around the word. As the article notes: “… The MSCI GCC Countries Index of […]
Read more »The Largest Thanksgiving Day Sale Ever: Oil Producers Buy The World
November 28th, 2007
From the NY Times, more evidence that oil-producing countries have embarked upon a global shopping spree. While the focus is the Abu Dhabi Investment Authority’s bold outlay of $7.5 billion to become one of the largest shareholders in Citigroup, the article does a nice job of detailing many other petro-dollar based purchases that have taken […]
Read more »A(D)MD: Abu Dhabi Buys Stake in AMD
November 16th, 2007
Via the WSJ, another case of Abu Dhabi’s strategic-investment arm – Mubadala Development Co. – continuing to build its presence in high-tech sectors as part of the broader trend of Middle East nations – rich on the exploding cost of oil – making their mark in global finance. As the article notes: “…An investment arm […]
Read more »Signs of the Middle East’s Financial Colonization of American Capital Markets?
November 15th, 2007
The Financial Times recently reported that Colony Capital, the US private equity group and one of the world’s largest property investors, is considering selling a stake to a Middle Eastern sovereign wealth fund. While Colony declined to comment on which Middle Eastern sovereign fund it was discussing a deal with, the report noted that: “…Mubadala, […]
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.