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Libya

FEATURED REPORT...
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: 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.
Posted: March 11, 2014
INTERNATIONAL. Production climbed by 240,000 b/d following a surge in Iraqi exports and despite new setbacks in Libya, a just-released Platts survey showed.
Posted: February 16, 2014
INTERNATIONAL. A short term focus on political and security concerns has stood in the way of the structural reforms needed for growth and stability.
Posted: January 7, 2014
INTERNATIONAL. Libyan armed forces warn oil tankers away from seized ports; Violence in Iraq sparked concern about supply; Freezing weather threatens to curtail U.S. oil production.
Posted: December 17, 2013
LIBYA. A Libyan rebel leader refused to hand over control of three oil ports to the government, keeping a lid on the North African nation's crude sales.
Posted: December 10, 2013
INTERNATIONAL. Output from Saudi Arabia fell to a five-month low of 9.63 million barrels a day last month from 9.71 million in October, according to OPEC's monthly report.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 27, 2014
QATAR. In the long run, the dynamism and innovation of the private sector is expected to drive growth and development with the government focusing on creating the right physical and legal environment to encourage that process.
date:Posted: July 25, 2014
UAE. Royal Decree amending some of the provisions of the Oman Agencies Law comes into force; Marks a significant departure from the regime under the old law.
date:Posted: July 24, 2014
UAE. There is evidence of a more litigious approach developing in the area of medical malpractice. Damages awards which have historically been low, are now on an upwards trend.
QATAR. In the long run, the dynamism and innovation of the private sector is expected to drive growth and development with the government focusing on creating the right physical and legal environment to encourage that process.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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