Independent notes — since 2026

Notes on the economics of cloud and AI.

Reverse-engineered models, investment cases, and strategic bets — from a Middle East desk that watches the whole industry.

Featured report

Where cloud meets the desert.

A four-part investigation into how Azure, AWS and G42 compete for the $12B MENA cloud market by 2028 — with reverse-engineered P&L, a comparative view, and my own take.

Read the report →

Latest notes

First notes publishing soon.

Coming soon

Q4 2026Nvidia in the Gulf — pricing power in a capex-heavy world
Q4 2026Copilot Enterprise adoption in GCC — a pricing teardown
Q1 2027Snowflake vs Databricks — the MENA data platform war