Will Egypt Join BRICS And Adopt A New Currency?
June 2nd, 2023
Via Modern Diplomacy, an article on how BRICS nations are looking to establish their own currency, in order to decrease the influence of the US in the global trade market by means of de-dollarization, and new countries are already showing interest in joining the organization, including Egypt: Egypt’s interest in the BRICS alliance has risen […]
Read more »China To Invest In Suez Canal Economic Zone
May 30th, 2023
Via Geopolitics in South Asia, a report that Chinese firms are making significant investments into new Suez-based projects: Chinese companies have pledged to invest over US$3 billion in new Suez-based projects. Egypt’s Suez Canal Economic Zone (SCZone) secured the investments from Chinese companies active in chemical, textile and apparel, power, pipes, and iron and steel […]
Read more »Egypt: On Way to BRICS Membership?
May 7th, 2023
Via Modern Diplomacy, commentary on the potential for Egypt to join BRICS: BRICS is a group created in 2009 that includes China, Russia, India, Brazil and South Africa. The BRICS countries represent 42% of the world’s population, 24% of global GDP. They account for 16% of world exports and 15% of world imports of goods […]
Read more »Egypt Struggles To Lure Gulf Buyers In State Asset Sell-Off
April 30th, 2023
Courtesy of The Financial Times, an article on how Cairo’s allies have shifted from handing out traditional support to seeking commercial deals and demanding reforms: Egypt is struggling to sell off state assets in its effort to ease a foreign currency and funding crisis, as Cairo’s traditional Gulf allies toughen their approach to supporting the […]
Read more »Egypt’s Army Seems To Want To Make Pasta As Well As War
April 21st, 2023
Courtesy of The Economist, an article on how even as Egypt’s army has struggled to assert control on Sinai, it seized large parts of the economy: The war was not going well. The enemy had made three major advances in barely a year. The population was demoralised. Abdel-Fattah al-Sisi needed to show leadership. His motorcade […]
Read more »Egypt’s Military Is Under Pressure to Loosen Its Grip on Economy
April 17th, 2023
Courtesy of the Wall Street Journal, an article on how Egyptian President Sisi is showing few signs of dismantling the military’s business interests, despite pressure from the IMF and Persian Gulf backers: Outside the historic Ramses Railway Station, one of Cairo’s busiest intersections, more than a dozen food stalls and convenience stores sell a variety […]
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.