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Qatar National Bank Buys 49 Pct Stake in Libyan Bank

Qatar National Bank Buys 49 Pct Stake in Libyan Bank

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
 
FOCUSED:  International Telcos Eye Libya As Elections Near

FOCUSED: International Telcos Eye Libya As Elections Near

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
 
Cash-strapped Libyans ransack Istanbul consulate

Cash-strapped Libyans ransack Istanbul consulate

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 2012 budget spending to reach 68.5B Dinars

Libya 2012 budget spending to reach 68.5B Dinars

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
 
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