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Tensions Flare As Turkey Drills Off Cyprus
...ach any sort of compromise, with the most recent summit in Switzerland in 2017, the last concerted efforts, failing to reach any sort of deal. Turkey has warned Cyprus about its own drilling activities to the south of the island and has been threatening since 2011, when Noble Energy discovered the 4....
Volume: 62Issue: 19Published at Fri, 10 May 2019 -
Yemen Conflict Sees Gulf States Test Their Military Prowess
...March 2011, 1,000 Saudi troops and 500 from the UAE intervened to crush a popular uprising in Bahrain. But this is the first time that GCC nations have carried out a concerted air and ground campaign beyond their borders. “Supplying combat units on the ground and sustaining them is much more in...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Mideast Military Spending By The Numbers
...ader with over 16%; Saudi Arabia spends 14% and Iraq 9%. The share of GDP spent on the military by the Middle East as a whole has increased in each of the past five years, to 5.8% in 2015 from around 4% in 2011, although this is below 1995’s record 6.4%, according to SIPRI. Aside from the severe se...
Volume: 59Issue: 19Published at Fri, 13 May 2016 -
Libya’s New PM Faces Old Problems
...ime Minister since the 2011 overthrow of Mu’ammar al-Qadhafi. The vote was immediately contested, but seems likely to stand. Mr Maiteeq, a businessman from Libya’s third largest city Misrata, gave a televised speech the following day, in which he pledged to “improve state control and sovereignty, re...
Volume: 57Issue: 19Published at Fri, 09 May 2014 -
Libya ‘Mob Rule’ Sounds Investment Alarm
...byan oil veteran. The contrast could not be sharper with the optimism generated by the oil industry’s Phoenix-like rebirth from the 2011 civil war. Confounding outside commentators, Libyan oil professionals managed to bring output from almost zero in August 2011 to over 1mn b/d in just five mo...
Volume: 56Issue: 19Published at Fri, 10 May 2013