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 […]
Read more »Courtesy of Bloomberg, a report on growing Middle Eastern interest in Africa: Standard Bank sees soaring interest in Africa from Gulf states UAE official says $35 billion to Egypt may not be one-off In pursuit of geopolitical clout, in 2021 the United Arab Emirates made a promise to expand aggressively into markets beyond its usual horizons. Since […]
Read more »Courtesy of Semafor, commentary on Saudi Arabia’s ambitious plans to dominate mining: Saudi Arabia sees vast riches beyond oil within its reach. The kingdom’s broad-ranging ambition, a top mining official told Semafor, is to extract the more than $2.5 trillion in metals in its soil, invest in minerals extraction around the world, and capture as much […]
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