In the spotlight: Mubadala and its interests in North Africa

October 21, 2019

Abu Dhabi-based global investment firm, Mubadala Investment Company, is one of the largest sovereign wealth funds and invests in more than 50 countries. With assets under management of over US$225bn, Mubadala is a shareholder in many petrochemical companies including Cepsa, OMV, Cosmo Oil, PAK Arab Refining (Parco), Nova Chemicals, Borealis, Oil Search, Dolphin Energy and […]

Running red hot – the global shisha tobacco market

October 1, 2019

While the global tobacco industry is facing the combined challenges of stricter regulations, new entrants from technologies such as vaping, and rapidly changing consumer behaviour, there is one market segment that is experiencing significant growth: shisha. Also known as hookah, argila and narghile, waterpipe smoking is a market expected to be worth over US$25bn by […]

Boom or bust? What is really going on with Egypt’s economy?

July 31, 2019

“Egypt’s economy isn’t booming…it’s collapsing” says a former minister in Mohammed Morsi’s short-lived administration. “On the contrary, Egypt’s economy isn’t tanking…it’s thriving” counters a senior banker in Egypt. The correspondents of this exchange running across consecutive issues of Foreign Policy magazine make their own case based on recent macro-economic figures, debt levels in the country and the […]

Diligencia 10 years on – Part 2

March 28, 2018

As I look back over the last ten years I am struck by the fact that the MENA region has seen seismic changes.  Quite apart from the political upheavals, notably the so-called Arab Spring, which at times led to a revolving door of the subjects we were asked to research, the following cases have had […]