The Sheikh Who Dominates One of the World’s Hottest Stock Markets
May 21st, 2024
Via Bloomberg, an article on the UAE’s exchanges approach $1 trillion in value as Abu Dhabi’s index almost triples since April 2020. The United Arab Emirates’ rulers will soon achieve a distinction they’ve long coveted. Their once sleepy stock exchanges will be home to companies valued at $1 trillion. This outsize success—the markets already ranked No. […]
Read more »The Ugly Side of the Africa-UAE Gold Trade: Misreporting and Smuggling
May 6th, 2024
Via ScienceDirect, a new journal article examining the ugly side of the Africa-UAE (United Arab Emirates) gold trade: gold export misreporting and smuggling. Highlights • Africa-UAE gold trade is characterized by overwhelming misreporting and smuggling. • Export misreporting and smuggling exhibit some persistence behavior. • Export tax, the gold price, and institutional factors are the […]
Read more »Not Just Oil: Wind Farms of the Middle East
May 5th, 2024
Via The Green Prophet, a look at some of the Middle East’s most significant wind energy projects: In recent years, the Middle East has emerged as a significant player in renewable energy, embracing the potential of wind power to diversify its energy mix and reduce reliance on fossil fuels. Despite being synonymous with oil-rich landscapes, […]
Read more »IMEC’s Road Ahead
May 3rd, 2024
Via National Interest, commentary on IMEC and how the Gaza War can’t stop the economic convergence of India, Europe, and the Middle East. As the global economic and geopolitical landscape undergoes a significant transformation in the 2020s, the intricate interplay of commerce, politics, and strategic ambitions across India, the Middle East, and European economies is […]
Read more »Final Designs Approved for UAE’s New $35B Airport: 400 Gates and Able to Handle 260M Passengers Annually
April 28th, 2024
Via Paddle Your Own Kanoo, a report that final designs for UAE’s new $35B airport have been approved, that will feature 400 aircraft gates and be able to handle 260M passengers per year: The ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, announced on Sunday that his government has approved the final designs for […]
Read more »Dubai Firm Pledged $13 Billion for 20 Years of South Sudan Oil
April 26th, 2024
Via Bloomberg, an article on a significant loan from an obscure UAE company which may tie up most of South Sudan’s oil revenues for many years: A little-known company run by a distant relative of the Abu Dhabi royal family agreed to lend 12 billion euros ($12.9 billion) to South Sudan in exchange for repayment […]
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.