Saudi’s NEOM Drives Global Steel Demand
October 16th, 2024
A fifth of the world’s steel is being used by Saudi Arabia’s mega project, according to this article from Semafor: Neom.com A fifth of the world’s steel is being gobbled up by just one site: Saudi Arabia’s behemoth project NEOM. So said NEOM’s Chief Investment Officer Manar al-Moneef during Riyadh’s Global Logistics Forum this week, according […]
Read more »Saudi Tycoon Plans Comeback with World’s Tallest Tower
October 6th, 2024
Courtesy of The Financial Times, a report on plans to build the world’s tallest tower in Saudi Arabia: One of Saudi Arabia’s richest tycoons Prince Alwaleed bin Talal has launched a comeback attempt, reviving a project to build the world’s tallest tower as developers in the kingdom embark on a flurry of glitzy real estate […]
Read more »Christie’s To Become First Global Art Auction House In Saudi Arabia
September 29th, 2024
Via The Art Newspaper, a report that Christie’s will become first global auction house to operate in Saudi Arabia Christie’s is expanding in the Middle East, announcing today that it has been granted a commercial license to operate in Saudi Arabia. It is the first international auction house to establish a permanent presence in the […]
Read more »The Edifice Complex: Skyscrapers Reflect Geopolitical Ambitions
September 28th, 2024
Via The Economist, a look at what skyscrapers reveal about the countries that build them: A skyscraper is a statement of ambition. No surprise, then, that Saudi Arabia wants to build the world’s tallest. Construction on the Jeddah Tower stopped in 2018 but will restart soon; when completed, it will be the first building ever […]
Read more »Why Is Saudi Arabia Investing $5bn In Egypt?
September 25th, 2024
Via The Africa Report, an article on Saudi Arabia’s growing influence in Egypt through its Public Investment Fund, which is driven by both economic and geopolitical motivations: Egypt’s announcement last week that it is set to receive $5bn in funding from Saudi Arabia’s Public Investment Fund (PIF) to “boost bilateral relations” was light on detail, […]
Read more »Saudi Arabia’s New Brand Has New Myths
September 20th, 2024
Saudi Arabia isn’t just physically transforming itself; the kingdom is also telling its people — and the world — a new story about itself in order to build a modern national identity as reported in Semfor: Expensive skyscrapers, shopping malls, and freeways are being carved out of the red-gold sands of the desert, as Saudi Arabia’s […]
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.