Headlines Libya

Russia Seeks to Sale Weaponry to Libya

Moscow is looking forward to sell its latest weapons to Libya, now under new government, after the collapse of Gadhafi regime which was Russia major client in the region. According to foreign intelligence reports, the Russians seek by all means to restore military cooperation ties with the North African country and secure their market share […]

Europe Features Headlines International Libya

Interpol & EU Help Libya Improve Border Security

Interpol and the European Union have agreed with Libyan authorities to set up a real-time passport control capacity at Tripoli International Airport to help Libyan government improve border security. The project, that costs about € 2.2 million, is funded by the EU’s Instrument for Stability. It will enable the Libyan law enforcement and control authorities […]

Finance Libya

Libyan Investment Authority in Crisis

Chaos is threatening the Libyan Investment Authority (LIA) as the head of the sovereign wealth fund, Mohsen Derregia, refuses to step down from his position despite the government’s decision to replace him because of poor performance. Prime Minister Ali Zeidan has named deputy central bank governor, Ali Mohammed Salem Hebri, as the temporary head of […]

Headlines Libya

Libya: Energy Strategy and the Renewable Energy Potential

A study led by Nottingham Trent University’s School of Architecture, Design and the Built Environment found that Libya could generate enough renewable power to meet its own demand and a “significant part of the world energy demand by exporting electricity”. The study declared that Libya has an average daily solar radiation rate of about 7.1 […]

Headlines Libya

Siemens Wins € 100 Mln Contracts In Libya

German Siemens Company has won contracts worth 100 Million euro in Libya wherein the global energy corporation will provide services, carry out inspection and maintenance works in two power plants located in the cities of Khoms and Ruwais. These contracts, awarded by the General Electricity Company of Libya (GECOL), will enable Siemens to overhaul and […]

Headlines Libya

Libya Receives Italian PUMA Armored Vehicles

Libya has received 20 Italian-made PUMA transport and combat vehicles destined to enhance the military and security capacity of the North African nation which is facing major terrorism threats and security challenges posed by armed groups. These armored vehicles were donated by the Italian Armed Forces to the new Libyan army, a gift that will […]