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January 20, 2020

Southern Libyan oilfields face threat of closure

A group that has previously shut down Libya’s largest oilfield is threatening to do so again as international powers gather in Berlin for summit on Libya, potentially taking nearly all the country’s oil output offline.

According"...

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January 20, 2020

Arzan Wealth Achieves Successful Exit of a Class A Office Building In The Netherlands

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has successfully advised its client on the sale of a Class A office building in the Hague, The Netherlands, achieving strong"...

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January 20, 2020

Azur Drones Unveils Skeyetech Drone-In-A-Box Solution for Surveillance in the Middle East

Azur Drones, Europe’s leader in autonomous Unmanned Aerial Vehicle (UAV), has launched its drone-in-a-box surveillance solution, Skeyetech, at Intersec. This move is expected to boost the security monitoring for high-risk private and public sites in the Middle East.

Skeyetech"...

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January 20, 2020

Moody’s Analytics ImpairmentStudio™ Platform Completes 2019 SOC 1® Examination

Moody’s Analytics announced today that the ImpairmentStudio platform—the centerpiece of our Current Expected Credit Loss (CECL) solution—has completed a System and Organization Controls (SOC 1) Type 2 examination under the attestation standards established by the American Institute of Certified Public Accountants (AICPA). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200115005159/en/ The report examination encompasses policies, operating procedures, and controls related to financial reporting of user entities by an independent auditor to objectively validate that......

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January 19, 2020

For Obiora, it’s Round Peg in Round Hole

Obinna Chima writes that President Muhammadu Buhari’s nomination of Dr. Kingsley Obiora as a deputy governor of the Central Bank of Nigeria is appropriate and if confirmed, Obiora will inject fresh idea into the economy

In"...

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January 19, 2020

Hope Shines as NSE’s Demutualisation Nears Completion

Now that the Securities and Exchange Commission has given ‘a No Objection’ letter to the Nigerian Stock Exchange to forge ahead with its plan to demutualise the largest Stock Exchange in Africa, the quest towards achieving a more robust and liberalised stock market where better"...

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January 19, 2020

Protracted Litigations for the Soul of ALSCON

Part of the factors investors consider when rating a country ready for foreign investment is whether they will have access to suitable mechanism for dispute resolution and country’s compliance with the rule of law. This factor has seriously been threatened in view of the continued defiance"...

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January 19, 2020

Salama: Berlin Conference Success Would enable displaced people return to their homes.

Tripoli, 18 January 2020 (Lana) UN envoy to Libya, Ghassan Salama has said he hopes that Berlin conference would lead to complete cease-fire to enable displaced Libyans return to their homes.

This came during Salama's"...

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January 19, 2020

UNSMIL head expresses hope that oil port crisis will end in days

The UN envoy to Libya, Ghassan Salame has expressed his hope that oil ports in the eastern region would be reopened within days.

In a statement to Reuters on Saturday, Salame said that if the matter is not resolved"...

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January 19, 2020

Libya oil exports blocked, raising stakes for Berlin peace summit

BERLIN — Forces loyal to Libyan military strongman Khalifa Haftar blocked oil exports from the war-ravaged country's main ports Saturday, raising the stakes on the eve of an international summit aimed at bringing peace to the North African nation.

The"...

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