The Potential of Palestinian Gas and the Role of Regional Powers: From Promise to Action
September 18th, 2023
Via Modern Diplomacy, an article on the Gaza marine gas field: Recent progress on the Gaza marine gas field’s development is positive news and highlights the potential for mutually beneficial agreements in the East Mediterranean. The preliminary approval by Israel of the Palestinian field’s development and exploitation is outcome of mediation efforts exerted by Egypt […]
Read more »BRICS’ Middle East Expansion: Towards an Interactive Regional-Global Mechanism
September 10th, 2023
Via Modern Diplomacy, analysis of the BRICS’ Middle East expansion: BRICS’ expansion into the Middle East operates as a combination of regional and global dynamics. The expansion is not just a passive presence but rather an active and interactive process that impacts both regional and global contexts. BRICS has entered the Middle East with the […]
Read more »Turkey, Egypt Defy Emerging Markets’ Worst August in Years
September 5th, 2023
Via Bloomberg, an article on emerging markets’ stock index performance in August: Turkey and Egypt have gone from underdogs to star performers as emerging-market stocks endured the worst August since 2015. Stocks traded in Istanbul and Cairo are the biggest gainers among peers in the month, defying a 6% slump across emerging markets. The nations’ policy resets […]
Read more »Egypt To Drill 35 Gas Wells by 2025 as BP Pledges To Invest $3.5B
August 29th, 2023
Via Al Monitor, a report that BP has energy pledged $3.5 billion in investment into gas exploration in Egypt over the next three years: Egypt plans to invest $1.5 billion into drilling 35 natural gas wells by 2025, the cabinet said in a statement on Tuesday, citing Petroleum Minister Tarek El-Molla. The news comes hours […]
Read more »Will BRICS Throw A Lifeline To Dollar-Strapped Egypt?
August 28th, 2023
Via Al Monitor, a report that some economists believe BRICS membership will give Egypt a chance to ease pressure on the dollar, but is not a quick remedy for the country’s economic woes: Egypt will become a full member of the BRICS club of emerging economies as of January 2024. The group had approved Cairo’s request to […]
Read more »BRICS Bloc Grows Heft With Saudi Arabia and Other Mideast Powers
August 24th, 2023
Courtesy of Bloomberg, a report on BRICS expansion: Major emerging market nations invited top oil exporter Saudi Arabia, Iran, Egypt, Argentina, Ethiopia and the United Arab Emirates to join their bloc in a push to expand its global influence. Leaders from Brazil, Russia, India, China and South Africa agreed to enlarge their BRICS group from Jan. 1 at a summit held in Johannesburg, […]
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.