Egypt Announces $35B Sale of Premium Mediterranean Area To UAE
February 27th, 2024
Via Middle East Eye, a report on Egypt $35B deal with UAE to sell premium Mediterranean area, Ras el-Hekma, with the funds earmarked to alleviate Egypt’s economic crisis Egypt has agreed to a $35bn deal with the United Arab Emirates to develop the area of Ras el-Hekma on its northwestern coast, Egyptian Prime Minister Mostafa Madbouly announced on […]
Read more »Ras Ghamila: Is Egypt About To Sell a Prime Red Sea Area To Saudi Arabia?
February 26th, 2024
Via Middle East Eye, a look at how – after a $35bn deal with the UAE to develop Ras el-Hekma – Cairo seems close to agreeing a $15bn project with Riyadh to develop Ras Ghamila: Saudi Arabia is close to securing a $15bn deal with the Egyptian government to develop Ras Ghamila, a prime Red Sea tourist destination, […]
Read more »Has Egypt Sold its ‘Most Beautiful’ Beach Town to the UAE?
February 3rd, 2024
Via Middle East Eye, a report that Egypt’s Sisi government is working to finalize a $22bn sale of Ras el-Hikma to the UAE: Reports that investors from the United Arab Emirates will buy the Mediterranean town of Ras el-Hikma in northwestern Egypt have triggered a popular backlash in the country. Pro-government media in Egypt has been buzzing this week […]
Read more »Coral Bridge: New Submarine Cable To Connect Egypt and Jordan
January 28th, 2024
Via Arab News, a report on a new Egypt-Jordan submarine cable to power AI and data centers demands Artificial intelligence applications and data center demands are poised for a boost, thanks to a new submarine cable connecting Egypt and Jordan. In the first collaboration of this kind in 25 years, the Coral Bridge submarine cable […]
Read more »Investing In Africa’s Clean Energy Future
October 5th, 2023
Via Semafor, a look at where investment is going for clean energy in Africa: A key aspect of global conversations around the clean energy transition relates to the financial cost of pivoting production systems in developing countries from current facilities that depend on fossil fuels to solar and wind sources. Most of the investment in Africa […]
Read more »Suez Canal: Enhancing Alignment between BRI and Egypt Vision 2030
September 27th, 2023
Via Modern Diplomacy, commentary on the role the Suez Canal plays within China’s Belt and Road Initiative: The location of the Suez Canal Economic Zone plays an effective role at the heart of the Chinese Belt and Road Initiative, ensuring a permanent strategic partnership between the two sides, to enhance the concept of the role […]
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.