WAM Projected value of the national development projects for 2017-2018 amounts to KD 4.7 billion, KD 1.5 billion of which covered by the State budget, said Dr. Khaled Al-Mahdi, General Secretary of the Supreme Planning and Development Council. Private sector’s contributions to funding the ventures, this year, are estimated at 16.9 percent, in addition to 33.8 percent by the ...

  TRIPOLI / Reuters Libya’s state oil company said it welcomed the “unconditional” reopening of blockaded oil ports following a deal between the U.N.-backed government and an armed force which controls key facilities, saying it would begin work to restart exports from the terminals. The agreement, signed on Thursday, could be a major step in reviving Libya’s crippled oil output. ...

  Bloomberg Qatar Airways Ltd. raised its stake in British Airways owner IAG SA to 20 percent, taking advantage of a drop in the company’s stock price since the Brexit vote last month. Qatar Airways, which increased the holding from 15.7 percent as of July 28, doesn’t plan to add to the stake, the company said Monday in a statement. ...