RE: Funding13 Oct 2019 12:31
Boom
You joke but you may not be far off the mark
Qataris are the richest buggers in UAE these days, achieved through aggressive growth which they're still building on, including agriculture which could also bring down the heat there. Trees, humidity blah blah.
They've now signed up with sxx when they're other companies a little closer (geographically) to UAE digging for this miracle stuff. I have little doubt they may just decide to go all in if financial difficulties arise to stop sxx in its tracks. They knew the situation we're now in at the time of signing the contract. Why would they even bother unless they intend to see SXX succeed.
I think they could go one step further and go all in. 500 million is chump change to them for starters, and to secure their agricultural goals and create their oasis would be one up on SA. THEY AIN'T THE BEST OF FRIENDS
Just my humble opinion