Saudi Arabia Eyes $100B Bet on Shale Gas Revolution at Home
July 24th, 2024
Courtesy of Nikkei Asia, an article on Saudi Arabia’s plans to become the world’s third-largest shale gas producer: Saudi Arabia, the world’s largest crude oil exporter, plans to invest more than $100 billion to become the world’s third-largest shale gas producer after the U.S. and Russia as its economy braces for a decarbonized society. Crucial […]
Read more »China Solar Firms Ink Deals With Saudis for Global Expansion
July 21st, 2024
Courtesy of Bloomberg, a report on two Chinese solar manufacturers who have signed deals to build plants in Saudi Arabia: Firms to build projects worth $3 billion in Saudi Arabia Domestic industry struggling with persistent oversupply Two major Chinese solar manufacturers will build plants worth $3 billion in Saudi Arabia, highlighting efforts to globalize their […]
Read more »World’s Largest eSports Competition Cements Saudi Arabia’s Position As Gaming Epicenter
July 2nd, 2024
Via CNN, a look at Saudi Arabia’s growing leadership role in global gaming: The inaugural Esports World Cup is set to showcase the power of competitive gaming to the world and propel Saudi to the top of this booming sector. The rise of esports With a worldwide fanbase of 530 million, esports, the blend of […]
Read more »Chinese Travel: All Roads Lead To Middle East
June 14th, 2024
Via South China Morning Post, an article on how – as travel picks up again in the post-pandemic era – more Chinese tourists are abandoning Western destinations: When Ian Sun finally began travelling again earlier this year, the Shanghainese abandoned his original plan to visit Europe, instead opting to fly to Egypt. Despite spending three years […]
Read more »Saudi Arabia Holds Investment Summit in Brazil, Plans to Invest $15B
June 14th, 2024
Via Al Monitor, an article on Saudi Arabia’s plans to invest $15 billion in Brazil, bolstering already strong economic relations based largely on mining, meat and oil: Saudi Arabia is set to invest billions of dollars in Brazil, a Brazilian official said at a conference in Rio de Janeiro this week, as mining, trade and geopolitical […]
Read more »Saudi Fund Invests In China Effort To Create Rival To OpenAI
June 8th, 2024
Courtesy of The Financial Times, a report on a Saudi Arabian fund’s recent investment in China’s most promising generative AI start-up: A Saudi Arabian fund has backed China’s most prominent generative artificial intelligence start-up, becoming the only foreign investor in the country’s efforts to create a homegrown rival to OpenAI. Prosperity7, part of the state-owned […]
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.