Qatar Purchases 49% Of Libya’s Once Sovereign State Bank

Libya’s Bank of Commerce and Development (BCD) has agreed to sell a 49 percent stake in itself to the Qatar National Bank (QNB) for an undisclosed amount. The decision was made by BCD shareholders at an extraordinary general meeting held in Benghazi yesterday. BCD chairman Jamal Abdelmalek said the agreement would result in an increase…

Qatar’s Delerious Ambitions

Who is Qatar? – Abdel-Rahman Shalgham, Libyan Ambassador to the United Nations Sean Fenley The diminutive Gulf totalitarian monarchy of Qatar, has been making quite a name for itself of late. It was one of the only Arab countries to provide air support in Libya, its customs officials — seemingly unprovoked — recently attacked a…

5,000 Qatari Troops Helped To Colonize Libya

Voltairenet.org Having long claimed that it participated in the fighting in Libya by only sending a few planes, Qatar admitted some ten days that it actually deployed hundreds of ground troops. However, Voltaire Network has consistently reported a massive presence of Qatari ground forces (and to a lesser extent, Jordan). Qatar had built a small…