Author: Omar Khattaly
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The Role of State-owned Enterprises in Economic Recovery and Growth
By Masinessa “Omar” Khattaly Even though the first thoughts that come to many when hearing the words “state-owned” next to “economic recovery” are socialism, government control and bureaucracy, according to accounting firm PwC, the proportion of State-owned Enterprises (SOEs) among the Fortune Global 500 grew from 9% in 2005 to 23% in 2014. One can only pause and…
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دروس مستقاة من أكبر صندوق ثروة سيادية في العالم
بقلم: ماسينيسا “عمرو” الختالي بدأ صندوق الثروة السيادية في النرويج (GPF-Global) كصندوق للمعاشات التقاعدية الحكومي العالمي، وفي عام 1990 أصبح صندوقاً للمعاشات التقاعدية للسكان من أجل توفير احتياطي مالي للأجيال القادمة. يتلقى هذا الصندوق تمويله من إيرادات النفط في البلاد وليس من مساهمات المعاش التقاعدي، لهذا لم يتلق الصندوق أي مساهمة مالية حكومية حتى عام…
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السياحة في مصر
بقلم: ماسينيسا “عمرو” الختالي من المتوقع أن ينمو قطاع السياحة المصري، وهو أحد المصادر الرئيسية للبلاد لاحتياطيات العملات الأجنبية والدخل القومي، بعد القرار الروسي برفع حظر السفر إلى مصر. ففي 15 ديسمبر، وقعت روسيا ومصر اتفاقاً لاستئناف الرحلات المباشرة بين موسكو والقاهرة اعتباراً من 1 فبراير 2018. ووفقاً لوزير النقل الروسي “مكسيم سوكولوف”، ستجري مفاوضات…
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Norway takes money from its ‘rainy day fund’ for the first time as the low oil price hits home
Norway has taken money from its sovereign wealth fund for the first time since it was set up in 1996. Local newspaper Dagens Naeringsliv said that 6.7 billion kroner, or $780 million, was withdrawn pay for public spending. Norway usually pumps 200 billion kroner into the account every year. The reversal of fortunes is a signal that the…
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Norway takes money from its ‘rainy day fund’ for the first time as the low oil price hits home
Hazel Sheffield Norway is not the only oil-reliant nation to turn to its sovereign wealth fund to plug the gap in oil revenue Rex Norway has taken money from its sovereign wealth fund for the first time since it was set up in 1996. Local newspaper Dagens Naeringsliv said that 6.7 billion kroner, or $780 million,…
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Oil Has Sovereign Wealth Funds Hitting Sell Button
Countries from Norway to Russia to Saudi Arabia have begun drawing down their reserve funds to plug budget gaps and defend currencies. Jess Delaney The last thing Libya needs is low oil prices. Racked by a civil war that’s ground the economy to a halt, the nation, which holds the largest proven crude reserves in…
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Oil prices & the impact on Sovereign Wealth Funds Libya as a case
By Omar Khattaly: The drop in oil prices in the last 12 months has taken markets and investors by surprise. State institutions such as Sovereign Wealth Funds (SWF) have been affected and state budgets have suffered. SWF will grow slowly and in many cases will see some of their assets declining in value or being…
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Oil prices & the impact on Sovereign Wealth Funds – Libya as a case
Libya Observer By Omar Khattaly The drop in oil prices in the last 12 months has taken markets and investors by surprise. State institutions such as Sovereign Wealth Funds (SWF) […]
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Turks, Europeans Lead Charge On Libyan Investment
By Peter Kenyon Originally published on November 9, 2011 5:53 pm Libya may be months from a new government, but the still-infrequent international flights to Tripoli are packed with businesspeople looking to land contracts with this oil-rich North African state. The Turks and Europeans appear to be moving quickly, while the Americans seem to be…
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Turks, Europeans Lead Charge On Libyan Investment
Peter Kenyon Libya may be months from a new government, but the still-infrequent international flights to Tripoli are packed with businesspeople looking to land contracts with this oil-rich North African state. The Turks and Europeans appear to be moving quickly, while the Americans seem to be several steps behind. On one recent afternoon, the plush…