Gulf Countries Becoming Major Players In Africa; Africa Hopes They Are The ‘New China’
March 14th, 2024
Courtesy of The Economist, an article on Gulf countries growing investment interest in Africa: Mining Indaba, Africa’s biggest mining conference, is a geological jamboree. But the latest bash, held in Cape Town in February, was also a geopolitical spectacle. For as well as the usual Chinese and Western firms there were arrivistes from the Gulf. Manara […]
Read more »Persian Gulf States Boom With Billionaires, Beyoncé and Bling
May 20th, 2023
Courtesy of Wall Street Journal, a look at how oil-rich Gulf countries have become a magnet for global wealth, and they’re trying new strategies to keep the good times rolling: Sports stars, tech billionaires and influencers arrive on more than 30 charter flights a day at this Persian Gulf emirate’s main private-jet terminal, where traffic […]
Read more »DP World Begins Construction Of Its Biggest Port In Africa
January 5th, 2022
Via The National, a report on DP World’s plans to develop Senegal’s Ndayane deepwater port with more than $1bn earmarked for investment: Global ports operator DP World has begun construction of Senegal’s Ndayane deepwater port, the Dubai-based company’s biggest port investment in Africa to date and a project that is set to boost the country’s position […]
Read more »Iran, Dubai, and Economic Sanctions
November 2nd, 2008
An interesting article in The New York Times Magazine on the strategy and impact of economic sanctions against Iran. As the article notes, the idea is to prevent a country reliant on global trade — as an ancient empire, a station on the Silk Road across Asia and a modern petroleum powerhouse — from being […]
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 »Axis of Commerce
August 29th, 2008
Via Portfolio Magazine, an interesting look at how U.S. companies are using Dubai as an illegal conduit into Iran. “…Despite sanctions aimed at stemming the sales of U.S. products to Iran, the goods are still getting there. U.S. sanctions were first imposed against Iran in 1979, during the hostage crisis. The current embargo dates back […]
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.