Friday, 18 September, 2009, 11:50 ( 9:50 GMT )
Last week's Afriqiyah Airways delivery of its second Airbus A330 makes the Libya's first growing Airline Company ready to embark on its long planned direct flight to Johannesburg in South Africa.
Verenex Energy Inc said on Tuesday the international arm of China National Petroleum Corp ended a C$446 million ($417 million) agreement to acquire the Canadian oil producer after Libya's government refused to approve the deal.
The Organizers of the 3rd Libya Motorshow have revealed to The Tripoli Post that the Show is going to take place at the Maitiga airport in October this year, from 25th to 31st. This Show is specialized in the field of vehicles, spare parts and tools.
Recession-hit Singapore Airlines (SIA) said Thursday it had agreed with Airbus to defer the delivery of eight A380 superjumbo jetliners by six to 12 months.
After years of underinvestment and neglect African countries from Cairo to Cape Town are working on their railway infrastructure. Some are constructing new lines, others rebuilding the old, while many are also investing in new locomotives and rolling stock.
Ministers from over 35 countries meeting in New Delhi affirmed their commitment Thursday to moving swiftly to wrap up a new global free-trade pact and help speed up economic recovery.
Gold prices surged to levels approaching 1,000 dollars per ounce Thursday amid caution by financial market players and worries about the gaping US budget deficit.
Rupert Murdoch’s News Corp. (NWSA) is considering making its first major investment in the Middle East by taking a stake in Rotana Media from Saudi Prince Alwaleed bin Talal, Dow Jones Newswires reported.
The Group of 20 nations must agree "binding rules" on bankers' bonuses as part of concerted efforts to head off a repetition of the global economic crisis, Europe's top leaders said Thursday.
Russian mid-sized oil firm Tatneft said on Tuesday it had successfully drilled a well on an oil block of Libya's Ghadames Basin, some 345 kilometres south of Tripoli.
Airlines in the Middle East reported a significant rise in both passenger demand and air freight in July, standing out once again in an aviation industry struggling with shrinking business almost everywhere else, the International Air Transport Association said on Thursday.
The Al-Ghud (Tomorrow) Business Centre (www.bct.ly), part of the GPC for Industry, Economy and Trade, announced on 11th August that new improved company formation procedures will be announced shortly.
The Brazilian federal government may pump up to 100 billion real ($53 billion) into the state-run oil company Petrobras to bolster the company's exploration strength, a business newspaper reported Thursday.
Last month we got a tip that Yahoo was in the final stages of buying one of the largest Arab online portals Maktoob, for about $75 million.
© 2009 - The Tripoli Post