Quick Flip? Oil-Rich Nations Use More Energy, Reducing Exports
December 9th, 2007
Via The New York Times, a very interesting article on how the economies of many big oil-exporting countries are growing so fast that their internal need for energy is reducing the amount they can sell abroad, adding new strains to the global oil market. This growth, if it continues, would see several of the world’s […]
Read more »Signs of the Middle East’s Financial Colonization of American Capital Markets?
November 15th, 2007
The Financial Times recently reported that Colony Capital, the US private equity group and one of the world’s largest property investors, is considering selling a stake to a Middle Eastern sovereign wealth fund. While Colony declined to comment on which Middle Eastern sovereign fund it was discussing a deal with, the report noted that: “…Mubadala, […]
Read more »Dubai’s Limitless Appetite for SE Asia
October 18th, 2007
According to a report in The Shanghai Daily, Limitless — Dubai World’s property arm — agreed to buy a 30-percent stake in PT Bakrie Swasakti Utama, a unit of Indonesia’s biggest property developer PT Bakrieland Development for approximately two trillion rupiah (US$220 million). “…The stake will help Limitless expand in southeast Asia’s largest economy, which […]
Read more »DP World: A Port for Every Investment Storm?
October 13th, 2007
While this has been somewhat on-again, off-again over past months, the New York Times recently reported that DP World, the Dubai government port owner with holdings from Britain to China, plans to raise as much as $3.5 billion in the Middle East’s second-biggest initial share offering. While I am as yet undecided about the long-term […]
Read more »Dubai(‘s) World?
September 12th, 2007
Given the continued prosperity and ascendancy of Dubai & the United Arab Emirates, it will be important to watch their local firms expand globally. The WSJ recently offered an interesting look at Dubai World, the business and investment holding arm of the Dubai government which has invested more than $30 billion in real-estate projects abroad, […]
Read more »Emaar, the UAE, and North Korea
September 6th, 2007
Again thanks to STRATFOR (link to website only; article requires a subscription), the Chairman of Emaar Properties PJSC, the Middle East’s biggest developer by market value, flew to the North Korean capital in his own plane across the West Sea, aka the Yellow Sea. As STRATFOR notes, “…The private plane visit is the first of […]
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.