Middle East Economic Survey

VOL. LIV

No 26

27-Jun-2011

LIBYA

US Adds To Libya Asset Freeze List

The US Department of the Treasurys Office of Foreign Assets Control (OFAC) has added nine entities to its Libya sanctions list. At the same time it has lifted sanctions against Libyas former de facto oil minister and National Oil Corporation (NOC) chairman, Shukri Ghanem. OFAC revoked a license that had originally allowed Libyan Arab Foreign Bank subsidiaries Arab Turkish Bank, North Africa...