Dubai: The New Geneva?
August 6th, 2023
Courtesy of Bloomberg, an article on the continued growth of Dubai as a global hedge fund center, where a new breed of digital nomad will raise the hackles of Western governments: First came the tacky influencers, broadcasting raucous yacht parties to their followers caught in pandemic lockdowns. Then came Russian wealth, from cash to crypto, looking for a […]
Read more »UAE Signs Deal to Develop Mines in Eastern DR Congo
July 20th, 2023
DR Congo’s state-owned mining company Sakima has signed a $1.9 billion deal with the United Arab Emirates to develop at least four industrial mines in the provinces of South Kivu and Maniema in eastern DRC, the presidency announced Monday. Sakima has mining concessions for tin, tantalum, tungsten, and gold. Last December, the DRC signed a […]
Read more »The Gulf Goes Green
July 13th, 2023
Courtesy of Foreign Affairs, an article on whether the world’s fossil fuel giants can lead the energy transition: In the last few years, the global energy outlook has been transformed. The rise of populist politics and a growing sense of urgency about climate change have roiled debates about energy policy in wealthy countries, generating a […]
Read more »Move Over Dubai. This Tiny Emirate Wants to Be the Next Haven for Billionaires
July 10th, 2023
Courtesy of Bloomberg, a report on how Ras Al Khaimah looks to lure rich from around the world From the top of the RAK International Corporate Centre, foreign tycoons can catch a glimpse of a city transforming. A long stretch of desert lies toward the north. Luxury villas dot the Persian Gulf coast to the […]
Read more »UAE Secures Rights to DRC Gold Exports for 25 Years
July 10th, 2023
Via Middle East Monitor, a report on a recent agreement between the DRC and UAE for export rights to locally extracted gold: The government of the Democratic Republic of Congo (DRC) has signed an agreement which gives a company in the UAE exclusive export rights of locally extracted gold for 25 years as well as […]
Read more »The Emerging Contours of Saudi-Emirati Competition in Southeast Asia
June 28th, 2023
Courtesy of The Diplomat, an article on the two gulf states’ growing diplomatic and economic outreach to southeast Asia: Early last month, Sheikh Mohamed bin Zayed, the president of the United Arab Emirates (UAE), met with Vietnam’s Vice President Vo Thi Anh Xuan in Abu Dhabi. The meeting was ostensibly for discussions on the upcoming […]
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.