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Libya

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Posted: 12-07-2011
INTERNATIONAL. The war in Libya has been under way for months, without any indication of when it might end. Libyan leader Moammar Gadhafi’s faction has been stronger and more cohesive than imagined and his enemies weaker and more divided. This is not unusual. There is frequently a perception that dictators are widely hated and that their power will collapse when challenged. That is certainly true at times, but often the power of a dictator is rooted in the broad support of an ideological faction, an ethnic group or simply those who benefit from the regime. As a result, naive assumptions
Posted: September 7, 2014
LIBYA. Armed Islamists are trying to prize Benghazi's civilian and military airport from the control of government troops allied to Gaddafi-era general Khalifa Haftar.
Posted: August 27, 2014
INTERNATIONAL. Aircraft from the United Arab Emirates and Egypt attacked militia forces in Libya over the past week, the Pentagon's spokesman said, disapproving of the intervention.
Posted: August 26, 2014
UAE. The UAE had no comment after U.S. officials said warplanes from the Gulf state had secretly bombed Islamist militia targets in Libya flying from bases in Egypt.
Posted: August 25, 2014
UAE. With its oil wealth, population growth and strong demand for industrial and consumer goods, the MENA region is an attractive market. There are, however, potential pitfalls in doing business, particularly when it comes to appointing local agents to distribute products in the region.
Posted: August 14, 2014
INTERNATIONAL. Realism counsels caution, because a bias for action can often lead to disaster. But actually Obama is not a realist, yet he understands restraint. He rushes in with drones and advisers rather than with ground troops. But that is only the beginning of realism, not its culmination.
Posted: July 15, 2014
LIBYA. 90% of the planes parked at the airport were destroyed, says spokesman; The government has studied the possibility to bring international forces to enhance security.
Posted: June 30, 2014
UAE. Energy sector hit by selling as Iraqi oil keeps on flowing; Precious metals managed to hold on to the gains from the previous week with silver reaching the highest since March, continuing to outperform gold.
Posted: May 19, 2014
LIBYA. LLIDF is working to generate long-term financial returns and tangible socio-economic benefits by developing Libya's infrastructure.
Posted: May 19, 2014
LIBYA. "Tripoli is unable to solidify its control, not only in the east, but also within Tripoli itself, as opposing forces on multiple levels scramble for power and prestige."
Posted: April 19, 2014
LIBYA. Abdulmagid Breish, the chairman of Libya's US$66 billion sovereign wealth fund, said it plans to hire external companies to manage about US$11 billion of its assets under a restructuring plan.
Posted: April 16, 2014
Libya. The central government reached an agreement with some rebels earlier this month to open the Hariga and Zueitina oil terminals, which have combined capacity of 180,000 barrels a day.
Posted: April 11, 2014
INTERNATIONAL. Down 550,000 barrels per day from February on Saudi, Iraqi and Libyan cuts, according to the latest Platts survey of OPEC and oil industry officials and analysts.
Posted: April 10, 2014
INTERNATIONAL. OPEC foresees gradual increases from Iraq and Iran, while Libya is capable of boosting output by as much as 1 million barrels within a month, Secretary-General Abdalla El-Badri said.
Posted: April 4, 2014
LIBYA. The prospects for a recovery in oil exports moved closer after rebels said they agreed in principle with the government to allow a resumption.
Posted: April 1, 2014
LIBYA. The Libyan Investment Authority said in a US$1.5 billion lawsuit that Societe Generale SA paid about US$58 million to a friend of the Qaddafi family to secure investments.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 1, 2014
UAE. The UAE took part last week in U.S.-led airstrikes against Islamic State; Gulf Arabs regard Islamist groups as an existential challenge to their thriving economies and monarchies.
date:Posted: October 1, 2014
INTERNATIONAL. The Constitutional Court will keep challenging EU attempts at federalization and the Bundesbank will keep criticizing every measure that would reduce German sovereignty.
date:Posted: October 1, 2014
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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