Qatar National Bank (QNB), the Gulf state's largest bank, has acquired a 49 percent stake in Libya's Bank of Commerce and Development as part of the Qatari lender's aggressive expansion strategy.
April 15, 2012 2:42
High incomes, low data penetration give room for growth; War caused hundreds of millions of dollars of damage; “At least three or four" foreign firms interested; Authorities say local operators' shares to be listed; But no policy decisions before June elections
April 7, 2012 1:40
Turkish police detained more than two dozen Libyans after they occupied and ransacked the Libyan consulate in Istanbul on Friday to protest at a lack of financial support from their government while in Turkey for medical treatment.
March 24, 2012 3:39
Libya's government budget provides for up to 68.5 billion dinars ($52.7 billion) in spending this year, as the country tries to rebuild from last year's war which ousted Muammar Gaddafi.
February 29, 2012 1:32