Via Quartz, a report on Disney’s planned theme park in Abu Dhabi for which, this time, it won’t be footing the bill: Disney is headed to Abu Dhabi — but it’s not picking up the bill. In a deal announced Wednesday, The Walt Disney Company (DIS) revealed plans to open its seventh global theme park […]
Read more »Via The National, a report on a Dubai firm’s plan to build skyscraper-studded tax-free financial centre in Maldives: The Maldives government has partnered with Dubai-based MBS Global Investments to set up an $8.8 billion financial centre at capital Male, as the country seeks to attract more digital nomads and diversify its economy. The Maldives International Financial Centre will […]
Read more »Via The Africa Report, an article on UAE’s growing oil influence in East Africa: Refiners, strategic oil stores… While traditional partners hesitate, Emirati firms are fast-tracking energy investment across East Africa. The United Arab Emirates (UAE) is strengthening foreign policy to build influence in East Africa and countries along the Red Sea as it secures […]
Read more »Via Reuters, a look at Indian and UAE efforts to develop Sri Lanka energy hub as Delhi competes with China for influence: India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India’s foreign ministry said on Saturday, as New Delhi’s competition with China grows in the Indian Ocean island nation. […]
Read more »Via Ethan Chorin’s blog, commentary on the new power scramble underway in the Red Sea: As the Trump Administration attempts to broker deals to end the wars in Gaza and Ukraine, and as Russia has lost its Syria client (and its only warm water port outside the Black Sea), The Kremlin is quietly shifting military weight to the […]
Read more »Courtesy of The Financial Times, a report on investment in Mali’s mining sector which has been unsettled since the ruling junta started its crackdown on miners: Toronto-listed Allied Gold has sold a 50 per cent stake in its Malian mines to an Emirati investor, in the biggest sign of confidence in Mali’s mining sector after […]
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