Archive for the ‘UAE’ Category

The Gulf’s Lifeline For Egypt Worries Cairo Residents

Via Semafor, a report on how the Gulf’s lifeline for Egypt is worrying Cairo’s residents: A Dubai-based billionaire’s plans to redevelop downtown Cairo with new streets and skyscrapers — an area akin to his home — is drawing a growing backlash in the Egyptian capital, where residents fear not simply the loss of a historic […]

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Syria and UAE’s DP World Ink $800M Deal for Port Development

Via Middle East Monitor, a report on an agreement between Syria and UAE’s DP World for port development: The Syrian government and DP World signed a memorandum of understanding (MoU) worth $800 million to develop Syria’s port of Tartous, Syrian state news agency SANA said today, after the lifting of US sanctions cleared the way for the deal, Reuters reports. The […]

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How Trump Turned the Gulf’s Oil Kingdoms Into Silicon Superpowers In is Four-Day Trip

Via Rest of World, an article on Saudi Arabia, Qatar, and the UAE which have pledged trillions of dollars in return for access to cutting-edge chips for AI development: The UAE committed $1.4 trillion to the U.S., while Saudi Arabia promised $600 billion. Trump opened the AI chip floodgates, shipping 500,000 cutting-edge processors annually to […]

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ADNOC Buys Into Turkmenistan Gas

Via XRG, a report that XRG, the international investment arm of Abu Dhabi National Oil Co., is acquiring a stake in an offshore gas and condensate field in Turkmenistan: XRG expands footprint in Central Asia with a 38% interest in the offshore “Block I” gas and condensate fields in Turkmenistan Partnership with PETRONAS reflects XRG’s […]

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Disney: Bringing Its Next Theme Park To Abu Dhabi

Via Quartz, a report on Disney’s planned theme park in Abu Dhabi for which, this time, it won’t be footing the bill: Disney is headed to Abu Dhabi — but it’s not picking up the bill. In a deal announced Wednesday, The Walt Disney Company (DIS) revealed plans to open its seventh global theme park […]

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Dubai Firm Unveils Plan To Build Tax-Free Financial Center In Maldives

Via The National, a report on a Dubai firm’s plan to build skyscraper-studded tax-free financial centre in Maldives: The Maldives government has partnered with Dubai-based MBS Global Investments to set up an $8.8 billion financial centre at capital Male, as the country seeks to attract more digital nomads and diversify its economy. The Maldives International Financial Centre will […]

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WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.