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Saturday, 16 August, 2008, 2:43 ( 0:43 GMT )
Gaddafi: Iran, Germany Need to Join Powerful Alliances to Face Today's Challenges
Al-Qathafi underlines the need to strengthen the African Union saying even Iran, Germany and other relatively powerful European countries cannot face today's world challenges and feel secure unless they join other nation-states and form alliances.
Al-Qathafi Peace Prize Goes to Former Maltese PM Dom Mintoff
The International Committee for the Al-Qathafi Award for Human Rights has just announced that former Maltese Prime Minister of Malta, Dom Mintoff, has been awarded the Prize for the year 2008.
Bush Signs Law Requires Libya to Pay Compensations
U.S. President George W. Bush on Monday signed into law legislation paving the way for Libya to pay hundreds of millions of dollars to compensate U.S. victims of bombing attacks that Washington blames on Tripoli.
Five Palestinians Freed by Israelis as Part of Hezbollah Deal
The Zionist state freed Wednesday five Palestinian prisoners as part of a UN-brokered prisoner exchange with the Lebanese resistance group Hezbollah.
Oil Prices to Rebound, Ghanem
Speaking to the AFP, Chairman of the Libyan National Oil Corporation (NOC) Mr. Shukri Ghanem said Thursday that he expected the price of crude oil to rebound from recent falls.
Verenex Announces Assessment for Area 47 in Libya
Verenex Energy Inc. announced on Tuesday the results of a third party assessment of oil and gas contingent and prospective resources in Area 47 in Libya.
Geotrace Gets 3D Seismic Project Offshore Libya
Geotrace will be providing one of the world’s largest onboard seismic data processing projects to BP Exploration Libya Ltd as part of a seismic acquisition contract awarded to Wavefield Inseis by BP Exploration Libya Limited.
Libya, UAE Firms Sign Contract for Refinery Upgrade
National Oil Company (NOC) of Libya and a group of UAE companies have formed a company to upgrade Libya's largest oil refinery.
New Oil Discovery in Libya
Libya has announced through its National Oil Corporation, NOC, that Arabian Gulf Oil Company (AGOCO) had made a new oil discovery in the well D1-NC129 (New Field Wildcat well) in Slouq Depression Basin.
Red Sea Housing Services to Establish New Subsidiary in Libya
Red Sea Housing ServicesRed Sea Housing Services, a leading manufacturer of remote site housing solutions, announced today its formation of a subsidiary company in Libya in response to increased demand for Red SeaRed Sea's products and services across the country and throughout the North Africa region.
Arab Banking Corporation (ABC) Reports 15 per cent Income Increase in 2nd Quarter
Arab Banking Corporation (B.S.C.), the international wholesale bank based in Bahrain reported last week an increase of total income by 15 percent in second quarter of $192m, an increase of 15% for the same period last year.
US, Iraq May be Close to Withdrawal Deal
According to the Associated Press, Iraq and the U.S. are near an agreement on all American combat troops leaving Iraq by October 2010, with the last soldiers out three years after that, two Iraqi officials told The Associated Press on Thursday. U.S. officials, however, insisted no dates had been agreed.
Opinion: Rampant Speculation
By Morgan Strong
On July 24 The Commodity Futures Trading Commission charged oil trading firm, Optiver Holdings, and two of us subsidiaries, and three employees, with manipulation, of crude oil, heating oil and gasoline futures on the New York Mercantile Exchange. The CFTC said that there are now dozens more ongoing investigations examining oil price manipulations.
Two HIV/TB Global Leaders Announce Merger Talks
"In terms of maximizing impact and joining forces to control the epidemic, this merger is an innovative and bold move," said Dr. Peter Piot, UNAIDS Executive Director. "This is the sort of consolidation I believe we will see more of in the future across the AIDS sector."
Opinion: Muslim Women and the Internet
By Zainab Al-Arabi
Although some people in the West have been known to disparage the usefulness and importance of the worldwide web as an instrument of knowledge, and despite the fact that many people in developing nations still do not have access to the internet, it cannot be denied that it is more than just a pool of information obtainable through less expensive mediums.
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 More Stories 
 Al-Qathafi Peace Prize Goes to Former Maltese PM Dom Mintoff 
 US, Iraq May be Close to Withdrawal Deal 
 Bush Signs Law Requires Libya to Pay Compensations 
 Five Palestinians Freed by Israelis as Part of Hezbollah Deal 
 Oil Prices to Rebound, Ghanem 
 Verenex Announces Assessment for Area 47 in Libya 
 Geotrace Gets 3D Seismic Project Offshore Libya 
 Libya, UAE Firms Sign Contract for Refinery Upgrade 
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Gaddafi: Iran, Germany Need to Join Powerful Alliances to Face Today's Challenges
Al-Qathafi underlines the need to strengthen the African Union saying even Iran, Germany and other relatively powerful European countries cannot face today's world challenges and feel secure unless they join other nation-states and form alliances.
Libya Releases Two Swiss Nationals, Resumes Oil Shipments to Bern
Two Swiss citizens held by Libya have been released on bail and are in good health and Libyan tanker with 80,000 tons of oil left Libya on Tuesday for Switzerland, a sign of easing tension between the two countries.
 
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