- Sort by:
- Score
- Published ▼
-
Libya’s Financial Vulnerabilities Laid Bare By Dwindling Oil Revenue
...ccessive governments following the overthrow of Muammar Gaddafi in 2011 tried to reign in militias by co-opting them into the system and handing them salaries. The state ultimately failed to control them, but it continued to pay their wages. Fast forward a few years and some of those militias have al...
Volume: 63Issue: 17Published at Fri, 24 Apr 2020 -
UAE, Egypt Lead Mena Renewables Expansion
...e benefit of exporting oil rather than burning it for powergen. For countries with minor hydrocarbons resources, developing electricity capacity has always been a struggle, although international financial institutions have increasingly backed renewables projects in the wake of the ‘Arab Spring’ of 2011. ...
Volume: 63Issue: 17Published at Fri, 24 Apr 2020 -
Saudi Arabia Announces Borrowing, Reserves Draw-down Plan
...llows through on Mr Jadaan’s statement, then reserves would drop to around $468bn. The lowest figure since early 2011, but comfortably above the sub-$400bn levels of 2009. Meanwhile, the balance between borrowing and tapping reserves mentioned by Mr Jadaan highlights the extent to which Saudi Ar...
Volume: 63Issue: 17Published at Fri, 24 Apr 2020