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Mubadala Completes Israel Entry With Tamar Buy-In
...tting record output of 1.014bn cfd in the same year. But output from Tamar has fallen since, a trend that Mubadala will be looking to reverse. Output for Q2 this year fell to just 660mn cfd, the lowest quarter since Q1 2014, as Leviathan undercut Tamar’s price in sales to state utility IEC. Th...
Volume: 64Issue: 35Published at Fri, 03 Sep 2021 -
Libya’s Wealth Fund In Leadership Showdown
...Libya’s Presidency Council (PC) has appointed an interim steering committee to administer the country’s main sovereign wealth fund, the Libyan Investment Authority (LIA). The move is an effort to clarify the lines of authority within the organization, which since 2014 have been split be...
Volume: 59Issue: 35Published at Fri, 02 Sep 2016 -
LIA Litigation
...A’s case against Goldman Sachs began in the UK High Court in June having been filed in 2014. The LIA alleges that the firm led the LIA to make derivative transactions that it did not understand and in which it lost billions of dollars in the financial market crash of 2008. It also alleges that in an ef...
Volume: 59Issue: 35Published at Fri, 02 Sep 2016 -
LIA Overseas Fund Calls For Partners
...e LAIP itself has been based in Malta since December 2014, when its Tripoli offices were overrun by fighting, and it has not been immune from the political struggles of a divided Libya. In the first half of 2015, the unofficial Government of National Salvation (GNS) in Tripoli petitioned courts in Ma...
Volume: 59Issue: 35Published at Fri, 02 Sep 2016