The situation for Uber in China is now dire.
By Jeffrey Towson, Kevin Tetarenko, Ehab Tantawy What Happened to the New Silk Road? In 2007, the “new Silk Road” was born. It was headline-making vision for how the Middle East and Asia would reconnect after 700 years of political and economic separation. It was a grand vision – a historic re-opening of ties that […]
The Middle East is an unusual emerging market. It attracts investors with its oil wealth (+40% of the world’s proven oil reserves). Its consumer and competitive dynamics are fairly stable and predictable. And it has a +70-year history of successful deals with Western partners. All of these things make it particularly attractive and manageable for […]
The text below is from an October 11, 2011 interview with Steven Dotsch of Value Talk / Dividend Income Investor. The link is here. ————– Today we’re joined by Jeffrey Towson, who was Head of Direct Investments Middle East/North Africa and Asia Pacific for HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud – grandson of […]
You can go to the Tradestreaming link to hear the audio. The Tradestreaming Introduction is pasted in below. Note: in the audio my title was said to be Chief Investment Officer which is not correct. This correction is also noted below in the text and on their site. —— Saudi’s Prince Waleed took $30k and […]
The new Shanghai (and Chongqing) property tax is creating some fascinating discussions in the Mainland. Maybe it will eliminate speculation? Maybe it will bring down rising property prices? Maybe it will alleviate the real estate bubble? And so on. But this is now my third real estate bubble in eight years. First, the Middle East, […]
Dubai, which has long drafted Singapore, should note Singapore’s recent launch of the Marina Bay Sands casino. It’s an important lesson in how a city-state can build family-friendly casinos and jump start tourism. Singapore’s recent opening of the Marina Bay Sands appears to be a glowing success. The $5.5 billion resort has logged approximately 5 […]
I witnessed first-hand Dubai’s rise and fall.From 2002 when there was nowhere to eat, to 2007 when you couldn’t get across the congested city traffic, to 2009, when it was a ghost town.With all respect to Mr. Chanos’ comments, the current Chinese real estate bubble is not worrying – and it is not Dubai times 1,000. […]