Imports of food, including wheat, are dropping sharply to Libya, which has the highest per capita bread consumption in the world, as foreign shippers run scared of making direct deliveries due to worsening turmoil.
The country is
Austrian oil and gas group OMV is committed to Libya despite conflict that has disrupted production and caused some oil majors to abandon projects there, its chief executive said.
Gerhard Roiss said production lost in Libya in the
Gitex Technology Week 2013, to be held in Dubai during October, will showcase trend-setting new features and innovation.
The 33rd edition of the event, running under the theme ‘Lets Create, Disrupt and Re-imagine Together,&r
The BBC said on Thursday that broadcasts had been disrupted in the Middle East and Europe, just weeks after its satellite transmission provider accused Iran of trying to jam US and European programmes.
Britain's public broadca
Floodwater encircled two industrial estates in the east of Bangkok on Monday and closed in on the centre of the capital, disrupting bus services, although mass transit train systems were still running and commercial districts remained dry.
Syndicated lending to the Gulf is now severely disrupted and several large loans have been postponed, reworked, repaid or drawn down to cope with extraordinary market conditions, senior banking sources said.
Gulf-based banks have battled i