Libyan Economy to Contract More Than 50% This Year, IMF Says
Libya’s economy will contract more than 50 percent in 2011 after eight months of fighting that paralyzed its oil industry, the International Monetary Fund said. “The conflict has had a severe impact on...
View ArticleTakaful premium rose 19 percent to $8.3bn led by GCC countries
The global Takaful contributions grew by 19 per cent to $8.3 billion in 2010 and of these, the Gulf Cooperation Council (GCC) contributed $5.68 billion and South East Asia contributions were $2...
View ArticleEffects of Arab awakening on the global oil industry
Almost fifteen years ago, I started my professional career in the oil industry by undertaking extensive training on board large oil tankers that transport crude oil from Saudi Arabia to the United...
View ArticleFrance to Host Int’l Conference on Libya
Paris is to host an international conference on Libya next week, “to garner support for that country in a number of areas”, according to a report from KUNA. The conference, on 12th February, will bring...
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