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Libya

FEATURED REPORT...
Posted: 09-06-2007
LIBYA. According to Phoenicia Group, a leading US-Libyan diversified business and consultancy group and a strategic partner to several multinational corporations in Libya, business confidence has reached an all time high among the Libyan private sector and foreign companies looking to invest in Libya, a result of astute government policies in streamlining the business and legal regulatory framework and government support of private sector and entrepreneurial growth. Ryad Sunusi, Interim President & CEO of the privately-held Phoenicia Group and founder of the Libyan-American Business Coun
Posted: July 24, 2010
INTERNATIONAL. The US Senate Foreign Relations Committee is investigating suggestions that British-based oil giant BP lobbied for the Libyan's release, which caused outrage in the United States where many of the victims were from
Posted: July 7, 2010
INTERNATIONAL. HSBC has a strong chance of winning one of the first international joint-venture banking licenses in Libya, a senior Libyan official said .
Posted: June 17, 2010
LIBYA. New guide to explore key role earmarked for banks as economic development gains pace.
Posted: May 27, 2010
LIBYA. Groundbreaking trade and investment agreement recently inked between Libya and the US has resulted in Libya lifting all visa restrictions on US citizens traveling to the country.
Posted: April 11, 2010
LIBYA. Bridging the technology gap in African countries will allow them to take unprecedented steps forward in their economic and social development, according to Commission of the African Union .
Posted: March 11, 2010
LIBYA. The new company, to be known as Honeywell Libya JV, will provide process automation technology and services to local organisations and is the first automation joint venture between a global company and a Libyan company.
Posted: February 16, 2010
BAHRAIN: Bahrain's Ahli United Bank (AUB) will acquire 40% of Libya's United Bank for Commerce & Investment.
Posted: February 13, 2010
INTERNATIONAL. The contracts, which have yet to be signed, are for public works over the next five years, according to a Negocio report.
Posted: February 7, 2010
LIBYA. Libya is stepping up its gas exploration and production with a view to increasing exports to Europe, according to the Chairman of the National Oil Corporation.
Posted: January 14, 2010
LIBYA. Libya Expeditions announced the addition of two highly anticipated Libya desert adventure tours to its holiday package line-up for Spring and Fall 2010 - the 12 day introductory 'Libya Desert Explorer - Ubari Lakes'.
Posted: January 10, 2010
LIBYA. The opening up of Libya's stock exchange to foreign investors marks the beginning of an era which will bring rapid developments in the country's capital markets, according to Economic Group of Libya.
Posted: December 28, 2009
INTERNATIONAL. The Middle East Africa region as a whole is considered a key market for the company, with sales growth in 2008 an impressive 63.4%.
Posted: December 22, 2009
INTERNATIONAL. Arab Advisors Group has launched new research services covering the Mobile Handsets Retail Markets.
Posted: November 23, 2009
LIBYA. Beltone Securities International will provide trading services on the Libyan Stock Exchange to its Libyan, regional and international clients.
Posted: October 11, 2009
UAE. Oil exporters in the Middle East and North Africa region are expected to increase their international reserve positions by over US$100 billion in 2010 as oil prices rebound, the IMF said on Sunday.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 2, 2010
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
date:Posted: September 1, 2010
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
date:Posted: September 1, 2010
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.
INTERNATIONAL. Masood Ahmed, Director of the IMF's Middle East and Central Asia Department, described the flooding as a "human catastrophe that is still evolving." Reconstruction costs expected to run into billions of dollars.