First Independent Mena Newspaper
Malta-based Michele Peresso Group, best known for its sportswear stores, is planning to open retail outlets in Libya while also expanding into solar energy production. Maltese Prime Minister, Lawrence Gonzi, said that it will be the first time the group goes into Libya’s market during a visit to the group’s Birkirkara head offices where he was […]
Germany’s Lufthansa and its subsidiary Austrian Airlines have halted flights to Tripoli due to insecurity in Libya, a spokeswoman said on Tuesday. The decision came as a preventive move to avoid any eventual attack from armed men who have declared European interests, companies and citizens as “enemies.” The company started operations in Libya barely a year ago after […]
It has been more than a year since Muammar Gaddafi died during the Battle of Sirte, his home town, thus symbolically bringing Libya’s 42-year-long nightmare to its end. Since then, Libya has experienced a relatively speedy transition from Gaddafi’s brutal dictatorial regime to a fledgling democracy when it held, in July 2012, its first free […]
Libya has called on Saudi economic operators and financiers to invest in the North African country mainly in the oil and gas industry sector. The call was launched by visiting Libyan oil and gas minister, Abdulbari Ali Al-Arousi, at a meeting with executives of the Saudi Eastern Chamber of Commerce and Industry. The Libyan official […]
The new governments formed in the aftermath of the Arab Spring are facing the challenge of creating rights-respecting democracies, says Human Rights Watch in its “World Report 2013”, wondering whether these new Arab governments will produce a genuine democracy and fall back into dictatorships. In its 665-page report, HRW says “the creation of a rights-respecting […]
A deal worth €250 million has concluded between Alstom SA and General Electricity Company of Libya (GECOL) to boost Libya’s energy and power supply capacity. The French based company which focuses on the manufacturing of power equipment and trains will be supplying the Libyan general electricity company with equipments for 11 gas turbines. These new […]
Silphium, owned by the Libyan International Telecom Company (LITC) has started operations after it services break down after falling as a target making it the first wholly owned submarine cable system targeted at the Libyan telecommunications market. The announcement was made by LITC with Huawei Marine Networks Co. Ltd which serves as its build partner. […]
Operations have been hampered in a major oil port in eastern Libya, Al-Zuweitina oil port after protesters stormed its premises making it the fourth consecutive day that its door has been closed. The Al-Zuweitina oil port receives crude pumped from at least three oilfields in the Libyan desert and handles about 20% of the country’s […]
The newly formed Libyan government has ordered the temporary closure of the country’s borders with four of its neighbors and declared the southern region a restricted military zone. The land borders with Chad, Niger, Sudan and Algeria were shut in a bid to better control and fight “illegal immigration and illicit activities such as arms […]
The Libyan authorities are planning to build new terminals in the airports of Benghazi & Misrata to meet rising passenger & trafic demand in these two cities, former rebel strongholds during the popular bloody uprising that led to the collapse of the autocratic regime of Moammar Gadhafi. These new terminals will be built by South […]