Via Emerging World, commentary on how a visit to Jebel Ali port in Dubai is like looking under the hood of globalization: “Do you own a glass building?” “Well, no, unfortunately I do not,” I told the bright-faced and enthusiastic Chinese woman whom I had just met a few minutes earlier. “Mabel” – her Westernized […]
Read more »Via The Guardian, a report on the UAE’s growing economic influence in Africa: The United Arab Emirates has become the largest backer of new business projects in Africa, raising hopes of a rush of much-needed money for green energy, but also concerns that the investments could compromise the rights of workers and environmental protections. Between 2019 and […]
Read more »Via The Economist, a look at how conflict is remaking the Middle East’s economic order where Iran is boxed in as Saudi Arabia, the UAE and Turkey look to capitalize: THE LIQUIDITY crunch could not have come at a worse time. Usually, most of Hizbullah’s budget arrives on a plane in Damascus, the Syrian capital, with […]
Read more »Via Forbes, an article on UAE gaming sector: The gaming authority of the United Arab Emirates just handed Wynn Resorts a second massive win in as many months. After awarding Wynn the first commercial casino license in the emirates in October, the head of the UAE’s General Commercial Gaming Regulatory Authority (GCGRA) said this week that […]
Read more »Via Semafor, a look at how sanction busting occurs in the Strait of Hormuz: They move best at night, in a swarm. Twenty, maybe 25 small boats side-by-side. Up to 100 boats at a time: “Waterworld” without Kevin Costner. Simple speedboats, around six meters long, each with a powerful engine, traversing the fabled Strait of […]
Read more »Via Masdar, an article on growing investment ties between the UAE and China: Silk Road Fund intends to invest up to RMB 20 billion (equivalent to USD 2.8 billion) in projects alongside Masdar Collaboration will focus on projects primarily in the developing world and global south Aligns with Silk Road Fund’s goal to provide investment […]
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