Via The Information, a report on how the Middle Eastern kingdom is pushing to get closer to startups in the hot AI sector with more direct stakes in them and a new $40 billion–plus AI fund that’s under discussion: The eyes of Bader Al Mana—deputy chief investment officer at Sanabil, the venture arm of Saudi Arabia’s […]
Read more »Via Fortune, an examination of how Saudi Aramco, the world’s most profitable company over the past decade, are helping the Saudi monarchy shake up the global economic order: For generations, the city of Cannes in the South of France has been famous for its glitzy film festival, where the world’s movie stars strut down the […]
Read more »Courtesy of The Financial Times, an article on the Gulf states’ investment interest in mining: In the summer of 2023, Rothschild bankers working for Zambia’s government were close to finalising a shortlist of buyers for a prized copper mine. Mopani, a troubled but rare asset formerly owned by resources giant Glencore, had drawn offers worth […]
Read more »Via Frontera News, an article on recent reports indicate of an increasing Solar Gold Rush in Middle East North Africa region: The MENA region saw over 2 GW of new solar capacity tendered in 2016, and 2017 looks to easily surpass this level as hundreds of billions of dollars begin to flow into green energy in the […]
Read more »Courtesy of The Africa Report, a look at how Egypt’s economic crisis has led to even more investment interest from Gulf countries, particular opportunities in education and healthcare: Over the last three years, Saudi Arabia and the United Arab Emirates (UAE) have dominated Egypt’s mergers and acquisitions (M&A) scene, with activity set to intensify within […]
Read more »Via Caixin Global, a report on Saudi Aramco’s interest in investing in, and cooperating with, China in the fields of chemicals, green materials, energy transition and digital innovation: Saudi Aramco sees opportunities to invest in and cooperate with China in the fields of chemicals, green materials, energy transition and digital innovation, said Amin Nasser, president […]
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