17.01.2012 - Arabian plights
It is expected that new products will be introduced for and more widely used by private individuals, such as debit cards, point-of-sale systems, SMS and internet banking, and consumer loans. The adoption of ­Islamic finance principles is also ­anticipated. The stock exchange is expected to resume operation and Libya might even see the opening of foreign private banks. Within three years, explains Tumi, the currency design and name could see a radical overhaul. As in Egypt, oil and gas will also contribute to lawyers’ workloads...............................................Full Article: Source
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