May 20, 2017

SoftBank Vision Fund Announces First Major Close

(ME NewsWire)-- The SoftBank Vision Fund (the “Fund”) today announced its first major close with over U.S.$93 billion of committed capital. In addition to SoftBank Group Corp (“SBG”) and the Public Investment Fund of the"...

May 20, 2017

Kobler outraged over dozens of fatalities at Brak Al-Shati military base, GNA suspends defence minister

The UN delegate to Libya has voiced “outrage” at reports of “significant” fatalities in an attack by a group loyal to the Government of National Accord on a military base controlled by Operation Dignity forces.

Martin"...

May 13, 2017

TSYS Signs Payments Agreement with QIIB 

(ME NewsWire)-- TSYS (NYSE: TSS) announced today that it has signed an agreement with Qatar International Islamic Bank (QIIB) to license PRIME 4, the latest version of TSYS’ future-focused PRIME payment solutions platform.

QIIB"...

May 10, 2017

Neighboring countries urge for lifting freezing of Libyan assets in foreign banks

Libyan frozen assets in foreign banks must be regained and used to alleviate the economic struggles of citizens, the statement finale of the 11th neighboring countries meeting, which was held in Algeria, indicated on Monday.

The"...

May 3, 2017

Oil dips as U.S., Libya output gains outweigh OPEC, Russia cuts

* OPEC meets May 25, expected to extend output cuts * OPEC output down 80,000 bpd in April - Reuters survey * Russian oil production down in April, nears target * BP sees oil in $50 - $55 range if OPEC extends cuts * Upcoming - U.S. crude inventory data from API at 2030 GMT (Adds latest"...