Why China and Egypt Are Growing Closer
January 18th, 2023
Via Foreign Policy, an article on how – as the Egyptian economy falters – Sisi is turning to the Chinese government for support: On Sunday, China’s new foreign minister, Qin Gang, ended his five-nation African tour in Egypt, where he held separate meetings with Egyptian President Abdel Fattah al-Sisi and Arab League Secretary-General Ahmed Aboul-Gheit. […]
Read more »Egypt’s Economic Turmoil Squeezes Struggling Middle Class
January 17th, 2023
Via Al Monitor, a report on the severe economic crisis in Egypt: With Egypt’s economy in crisis, the currency in freefall and inflation skyrocketing, the poor have been hit hard but the middle class is also teetering on the brink. “It’s like we were hit by an earthquake, suddenly you have to let go of […]
Read more »UAE’s Masdar: Africa Poised To Be Hydrogen Hub
November 12th, 2022
Via Al Monitor, an article on the African continent’s potential to produce hydrogen as an energy source: Hydrogen continues to be a major topic at the United Nations Climate Change Conference, aka COP27. The Emirati renewable energy company Masdar released a report today on the potential of the African continent to become a hub for the generation […]
Read more »Qatar Wealth Fund Transfers $1 Billion to Egypt’s Central Bank
November 9th, 2022
Via Bloomberg, a report that Qatar ‘s sovereign wealth fund transferred $1 Billion to Egypt’s Central Bank: Qatar’s sovereign wealth fund has deposited $1 billion with Egypt’s central bank as the gas-rich Gulf state moves closer to a deal to acquire government holdings in some of the North African nation’s major firms. The $445 billion Qatar […]
Read more »Will Sisi Take Egypt’s Economy Out of the Military’s Hands?
November 5th, 2022
Courtesy of The Financial Times, an article on how the global crisis has magnified the fragility of Egypt’s state-driven economic model and forced it to take out new multilateral loans: When Egypt was forced to go cap-in-hand to the IMF as it struggled with a foreign currency crisis and dwindling reserves in 2016, President Abdel […]
Read more »Egypt: Sisi’s House of Cards?
August 18th, 2022
Via Foreign Policy, commentary on the Egyptian President’s spending on projects of questionable value while his people are suffering: On Sunday, a horrific fire at a Coptic church in greater Cairo’s Imbaba neighborhood killed 41 people, including 18 children. It was the latest in a string of disasters that have recently befallen Egyptians. Since January 2021, Egypt has […]
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.