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APICORP Reports Highest Annual Net Profit in its History |
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Building further on its strong performance amidst a challenging global economic environment, The Arab Petroleum Investments Corporation (APICORP) today, May 9, 2011, reported its highest ever annual net profit, total assets and total shareholders’ equity. The government Libya has a 15% stake in APICORP. |
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UK Business Firms Reassess Their Exposure to Libya |
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Some of the biggest names in the UK, including HSBC, Standard Chartered, Barclays Capital and engineering firm Wood Group, along with many others, who have been working towards, or currently have, business relationships with Libya, are having to reassess their exposure to the country, Jonathan Russell writes on http://www.telegraph.co.uk. |
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IMF chief urges global monetary reform |
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IMF chief Dominique Strauss-Kahn on Thursday said the currencies of China and other emerging economies should play a greater role in global finance, as part of a bid to promote monetary stability.
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Canada Fears Dubai Stock Increase |
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A Canadian official on Friday balked at the prospect of Dubai increasing its minority stake in a combined London and Toronto Stock Exchange, and possibly seizing control of the "strategic asset." |
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Libya to Import 1.3M Tonnes |
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Libya expects its wheat harvest to rise 50 percent this year to 300,000 tonnes, which would put its expected imports of the commodity at 1.3 million tonnes, Ali Arhouma who heads Libya's Grain Production Authority told Reuters. |
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Libyan Bourse declines by 15.47 points Feb 09 |
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The composite index of the Libyan Bourse of Securities (LYX) Wednesday closed at 1,504.60 points, with a decline of 15.47 points, or 1.02 per cent of its value, compared with the previous session. The total value of the transactions reached 498,390 Libyan dinars (1.230 Libyan dinars = US$ 1) taking the exchanges from 19,143 shares in the framework of 61 financial transactions. |
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