First Independent Mena Newspaper
Libya has announced new oil and natural gas discovery in the Ghadames basin southwest of Tripoli, opening new prospects for the battered economy of the North African country. This new oil & gas find was made by the Libyan National Oil Corporation (NOC) and Algerian state-owned Sonatrach. The discovery consists of one oil field with […]
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 […]
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 […]
According to Omran Salem of the Libyan Ministry of Culture and Civil Society who was present at the Cairo International Book Fair agreed that interest is not like it used to be. Other Libyans left before the end of the fair because there were not enough buyers. Salem who sells mainly literature, history and poetry […]
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 […]