EMerging Equity
Energy
Saudi’s Privileged Status In US Foreign Policy – Motion For Dismissal – OpEd
For thirteen years through legal cases attempting to show Saudi financial support of al Qaeda, and thus bearing at least some responsibility for 9/11, the US court system, the Executive, and in fact the whole apparatus of the government, have played hard-ball, resisting evidence even though the issue directly affects the causation of a seminal … Continue reading
Russia To Help Egypt Build ‘A Whole New Nuclear Power Industry’ – Putin
Russia will contribute to building “a whole new nuclear power industry” in Egypt, President Vladimir Putin has announced as the two countries have signed a number of agreements after a meeting in Cairo. The leaders of Russia and Egypt have signed “a memorandum of understanding to build the first nuclear plant in [the northern city … Continue reading
Egypt To Join Russia-Led Eurasian Free Trade Zone
Egypt has established a free trade zone with the Russian-led Eurasian Economic Union, which includes Russia, Armenia, Belarus, and Kazakhstan, president Sisi of Egypt announced at a joint news conference with Russian President Vladimir Putin. “We have reached an agreement to establish a free trade zone between Egypt and the Eurasian Economic Union,” Egyptian President … Continue reading
Saudi Arabia: S&P Lowers Outlook On Oil Price Negative Trend
S&P Rating agency has lowered the outlook for Saudi Arabia to negative at the back of sliding oil prices. The country is the world’s top oil exporter. The agency maintained its sovereign credit rating for the kingdom due to the country’s very solid fiscal condition and despite the substantial deficit planned. S&P also stated that “… … Continue reading
Commodities: Is The Arctic Home To The “New Great Game”?
By Steven MacMillan As a resource-rich region which is home to copious amounts of oil, gas, gold, and an array of other metals, the Arctic will be a theatre of geopolitical competition between NATO and Russia in the coming decades, along with attempts by NATO to contain Russia. The Arctic holds an estimated 13% (90 … Continue reading
Moscow And Ankara To Trade In National Currencies – DenizBank
Russia and Turkey are working towards trade payments in national currencies, according to the president and CEO of Turkey’s DenizBank, Hakan Ates. “We are ready to do everything to facilitate the transition to payments in national currencies. Such a transition is possible but our central banks have to make this decision. We’re already working in … Continue reading
New Bureaucratic Restructuring In Saudi Oil Powerhouse
After scrapping the Supreme Council for Petroleum and Minerals, King Salman of Saudi Arabia gives his sons for key positions for oil oversight in the kingdom. By Ovunc Kutlu Saudi Arabia’s King Salman empowers two of his sons for key positions after abolishing the supreme council of petroleum, as new bureaucratic streamlining takes place in … Continue reading
Russia’s Rosneft To Invest $500 Billion In Arctic Exploration Over 25 Years
The Russian energy giant’s investments in the Arctic region’s development may reach $500 billion in the next 20-25 years, Energy Minister Alexander Novak said Friday. By Sputnik News Russian energy giant Rosneft will invest some $500 billion in the exploration of the Arctic over the next 20-25 years, Russian Energy Minister Alexander Novak said Friday. “Rosneft alone will … Continue reading
Russian Coal Keeps UK Household Lights On As Winter Grips
As winter grips the UK, a group of Russian coal companies with leaders closely linked to President Vladimir Putin are enabling British power companies to keep the country’s lights on – a precarious position as the sanctions rhetoric rises once again. By Nick Kochan in London BNE Three Russian firms, SUEK, KRU and SDS Coal, produce … Continue reading
Sisi Promises Investment Opportunities For Economic Summit Guests
President Abdel Fattah al-Sisi has promised several investment opportunities for potential participants at the major economic summit. Egypt will host the event in March to attract investors and is expected to present its economic strategy (investment options) to a top tier group of world leaders and business figures. The conference is scheduled for 13-15 March in Sharm … Continue reading
