Saturday 25 May 2013
 
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libya

Kharafi wins $930m damages from Libya

  Libya will have to pay Kuwait's Kharafi group $930 million in damages for former leader Muammar Gaddafi's cancelling of the construction of a vacation resort, Kuwaiti newspapers reported o

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BSA takes up broadcast jobs in conflict spots

UAE-based Broadcast Systems Arabia (BSA), a production and broadcasting company, has undertaken video and audio broadcast services in conflict regions within the Mena region such as Libya and Syria. BSA has been involved with Liby

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Gunmen surround Libyan ministry to push demands

Gunmen surrounded Libya's foreign ministry on Sunday to push demands that officials who had worked for deposed dictator Muammar Gaddafi's regime be banned from senior positions in the new administration. At least 20 pick-u

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Total to start Libya offshore exploration in May

France's Total said it aimed to start offshore exploratory drilling in Libya next month for gas, in a further sign the Opec member's energy industry is returning to normal after the 2011 war. Speaking at the Libya Oil &

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Libya wants higher oil quota in Opec

  Libya will seek to increase its oil output quota in the Organization of the Petroleum Exporting Countries (Opec), Oil Minister Abdelbari Al-Arusi said on Monday.   Opec dropped individual allocati

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Egypt expects Libya oil shipment in 2 weeks

Egypt expects the first shipment of Libyan oil under a deal announced last month to arrive within two weeks, a source at the state importer told Reuters on Thursday, which should help ease energy shortages that have choked the economy.

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Libya plans $314m spend on stadiums this year

Libya plans to invest 400 million dinars ($314 million) on building stadiums this year as it prepares to host the 2017 African Nations Cup, the deputy prime minister said, amid hopes that soccer can unify the country after its 2011 war.

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Libyan plane shot as it lands at Tripoli

A Libyan passenger plane with some 150 passengers on board was shot at as it prepared to land at Tripoli airport on Wednesday evening but sustained no major damage, airline sources said. The Buraq Air Boeing 737 was a few kms from

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Libya eyes growth despite shaky security

  Libya's economy minister expects growth of 3 percent this year, driven by a resurgence in oil production achieved despite security so precarious that government departments like his must be protected by pickup trucks bristl

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Libya deposits $2bn in Egypt cbank

  Libya has deposited $2 billion in Egypt's central bank deducted from investments Tripoli has inside its neighbour, the central bank governor said on Saturday.   Speaking to Reuters, Saddeq Oma

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