Headlines Libya

Libya: Government holds back management tender

The government has decided to stop the process of the bids it has tendered for the procurement of the management of Libya’s state-owned Libyan Post, Telecommunication and Information Technology Corporation (LIPTIC). Almadar and Libyana are the two mobile operators in the country which are part of LIPTIC’s several subsidiaries. Reasons for the decision are yet […]

Business Energy

Arab Petroleum Exporting Countries to Meet In Libya

The 10th conference of the Organization of Arab Petroleum Exporting Countries (OAPEC) will be held Libya in 2014 to discuss several issues related to world oil market, the challenges facing Arab crude producing countries and ways to support Libya’s post-revolution development and reconstruction. The conference, to look also into sustainable development of energy sources throughout […]

Egypt Features Headlines

Underground Egyptian Cell Nabbed in UAE

United Arab Emirates security services have said they disrupted lately an Egyptian Muslim Brotherhood network that “recruited Egyptian expatriates in the UAE” and “received instruction on means of changing leadership in Arab countries”. According to Al-Khaleej newspaper, the group, made of a dozen people including three doctors, held “secret meetings” across the oil-rich country, set […]

Business Energy

Crescent Petroleum ready to venture in Libya

Crescent petroleum, a United Arab Emirates based company is eyeing investments into Libya’s oil and gas sector. The company has no investments of such in Libya but it is no stranger to the sector because it is already active in Iraq and Egypt. The chief executive of the company, Majid Jafar told reporters at the […]

Algeria Headlines

Algeria to Invest US$71 Billion in Energy Sector by 2017

Algeria is expected to invest US$71 billion in the energy sector over the five coming years, becoming thus the third largest investor in the sector in the MENA (Middle East and North Africa) region. According to a report released earlier this week by the Arab Petroleum Investments Corporation (APICORP),  with its USD 71 billion worth […]

Culture Lifestyle

Abu Dhabi Film Festival kicks off on October 11

The sixth edition of the Abu Dhabi Film Festival will kick off on October 11 with the screening of the feature film “Arbitrage”, starring Richard Gere and Nate Parker and produced by Mohammed Al Turki from Saudi Arabia and director Nicholas Jarecki. A total of 81 feature films and 84 short films representing 48 countries […]

Business Emerging Markets Features

Emirates & Qantas Airlines Make Seismic Global Pact

The Dubai-based Emirates Airline and the Australian flag carrier Qantas have announced a global partnership that would align their ticket prices and flight schedules. The 10-year codeshare deal, which still needs the approval of antitrust authorities, will offer Emirates greater access to Australia’s growing air travel network and the possibility to make round-the-world service, using […]