Egypt Announces $35B Sale of Premium Mediterranean Area To UAE
February 27th, 2024
Via Middle East Eye, a report on Egypt $35B deal with UAE to sell premium Mediterranean area, Ras el-Hekma, with the funds earmarked to alleviate Egypt’s economic crisis Egypt has agreed to a $35bn deal with the United Arab Emirates to develop the area of Ras el-Hekma on its northwestern coast, Egyptian Prime Minister Mostafa Madbouly announced on […]
Read more »The Gulf Region’s Growing Importance for India
February 25th, 2024
Via IISS, an article on the growing strategic convergence between India and the Gulf region whihc has resulted in deeper political, economic and defence ties” In one of his last foreign visits before India’s general election in April–May 2024, on 13–15 February India’s Prime Minister Narendra Modi travelled to the United Arab Emirates (UAE) and […]
Read more »Alibaba Seeks Middle East Partners as Beijing Deepens Gulf Ties
February 18th, 2024
Via Bloomberg, an article on Alibaba’s efforts to find Middle Eastern partners: Chinese e-commerce giant Alibaba Group Holding Ltd. has sought to partner with local firms in Saudi Arabia and the United Arab Emirates as China deepens its ties with the Gulf. “One of the things we’ve chosen to do, which is a little unusual […]
Read more »Green Energy, Digital Infrastructure Are Hot Tickets for Chinese Firms Targeting Middle East
February 17th, 2024
Via Caixin Global, an article on the growing presence of Chinese green energy and digital infrastructure firms in the Middle East: A veteran investor and co-founder of a global asset allocation firm said Chinese companies eyeing the Middle East should focus on digital infrastructure and green energy, as more firms look to the region for […]
Read more »India and UAE Agree on Trans-Continental Trade Corridor
February 15th, 2024
Via Arab News, a report on a new trans-continental trade corridor agreement between India and the UAE: Route under framework accord would connect India with Europe via the Middle East Agreement on India-Middle East Economic Corridor comes amid ongoing Gaza war India and the United Arab Emirates on Tuesday signed an agreement on a trade corridor […]
Read more »Uganda: Behind the Government’s Refinery Deal with UAE’s Alpha
February 9th, 2024
Courtesy of The Africa Report, a look at Uganda’s oil refinery ambitions where there is a hope the Emirati deal will deliver the long-delayed refinery, but with its economic viability in doubt, the government is lining up fresh partners just in case: In January, the government in Uganda announced that it had entered negotiations with […]
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.