Available worldwide via Amazon (Kindle Edition)
US: $5.99
Other regions: Local Amazon pricing
Available here:
https://www.amazon.nl/dp/B0GMXLX56T
Yasir Al-Rumayyan sits at the centre of Saudi Arabia’s effort to turn sovereign wealth into new industries, infrastructure and investable markets. The real test is not how much PIF can build, but whether private capital eventually follows.
The Gulf is transforming resource wealth into a new architecture of capital. Through five influential figures, Altair Media examines how sovereign funds, energy companies and private enterprise are shaping infrastructure, technology, industry and the region’s post-oil economy.
Europe is scaling photonic-chip production, while Ericsson, Thales and others develop applications. The missing step is a European customer willing to commit to volume. Can system design become the long-term demand that sustains an industry?
Europe already possesses many of the foundations of an electro-powered economy. The challenge is no longer simply building more generation, companies or infrastructure, but connecting these strengths into one functioning continental energy architecture.
ASML sells virtually no chipmaking machines in Europe. The demand exists, but remains fragmented across industries. Europe’s semiconductor challenge may therefore be less about building fabs than about turning its own companies into coordinated anchor customers.
Europe already possesses many of the companies, technologies and industrial sectors needed to sustain a semiconductor market. The challenge is no longer only building fabs, but connecting demand across mobility, energy, healthcare, telecom, aerospace and AI infrastructure.
Under Ursula von der Leyen, the European Commission has moved beyond regulation towards crisis management, industrial strategy and geopolitical coordination. Her vision is of a Europe capable of acting—but its growing executive ambition raises questions about power and accountability.
Europe’s regional banks possess the relationships and sector knowledge to identify industrial investment close to the real economy. The challenge is turning that local intelligence into standardised, investable assets capable of reaching European scale across borders.
Europe’s largest universal banks already possess the balance sheets, sector knowledge and capital-market access needed to support industrial renewal. What Europe lacks is a shared architecture that can turn their separate capabilities into a coordinated investment system.
Europe has spent years demanding more engineers. At TU Eindhoven, interest in Electrical Engineering is growing just as educational capacity reaches its limits—exposing the widening gap between Europe’s industrial ambitions and its ability to train the people they require.
