First Independent Mena Newspaper
Prime Minister Zeidan has gone to Algeria for a brief visit to discuss “issues of mutual interest” with his counterparts. The rising security threats and smuggling was high on the agenda during their meetings. Both sides have agreed on taking common steps to curb it through their Joint Commission. Algeria’s Prime Minister, Abdelmalek Sellal has […]
Many North African and Middle Eastern countries are in a state of great uncertainty. The struggles and revolutions of the Arab Spring struck down many oppressive governments, but violence has spread beyond North Africa and given way to insecurity in many states that were beyond the epicentre of the events – and these conflicts are […]
Abdelbari al-Arusi, Libya’s oil minister has become desperate about the ongoing strikes in several eastern ports, which have reduced the country’s oil export to 30%. The minister has warned that if the situation continues, “Libya will plunge into darkness.” The oil rich country wants to surpass its pre-war production and exportations. However, frequent strikes have […]
The offices of foreign missions have become the new targets of unknown attackers in Libya. Attacks on such institutions have been rising and the United Arab Emirates is the latest victim to such hostilities when a rocket-propelled grenade was directed to the building housing its diplomatic office and the ambassador’s residence. The attack came only […]
In 2010, Chinese foreign direct investment (FDI) accounted for approximately 68 billion USD, as compared to 2001, when China invested only 911 million USD overseas. The rapid increase in FDI between 2001 and 2010 was also facilitated by China’s ‘going global policy’ of 2002 that promoted competition for the share in global markets and natural […]
Protesters who had subsequently disrupted operations at the oil port of Zueitina have returned again with claims that their demands for jobs have not been met, according to an engineer at the port. Loading of ships has been blocked and some oil fields prefer pumping water rather than oil to the port as a “precautionary […]
King Juan Carlos I of Spain started on Monday a four-day official visit to Morocco, the first in more than two years as his latest dates back to May 2011. Beyond the exceptional historical personal relations binding the two sovereigns, the visit of King Juan Carlos holds much symbolic and political significance and is seen […]
The acting Army Chief of Staff, Salem Gnaidi, has spoken out against the government and Prime Minister Ali Zeidan’s efforts to subdue the reestablishment of the National Army. He made these revelations during an interview on the Libyan Awalan Television Station, as he made references to the revival of Gadhafi’s security strategy and the embezzlement […]
In its strive to expand Islamic Finance, Libya’s Stock Market and Amanie Advisors have inked a comprehensive Memorandum of Understanding destined to outline a “clear roadmap” for the promotion of Islamic Finance. The MoU is expected to boost Libya’s massive potential in domains that remains relatively unexploited. Amanie Advisors, a global Shariah advisory firm, will […]
A statement released by United Kingdom’s foreign ministry has stated that the government, in partnership with several international financial institutions, will be holding a Deauville Partnership Investment conference in September. The conference is aimed at promoting investments, trade and supporting new investors in transitional countries marred by the Arab Spring. The European Bank for Reconstruction […]