First Independent Mena Newspaper
French power leader Alsthom will provide Libya spare parts for 11 gas turbine units under a 250 million euro contract signed with General Electricity Company of the North African country. The Alstom spare parts are destined for five Libyan power plants operating GT13 turbines manufactured and installed by the French company. The delivery of parts […]
Ryanair is in talks with Libya, Egypt and Tunisia about their markets after predicting a 3-4% growth this year. The company is Europe’s biggest low-cost airline. Its growth will be slower during this year but expects a passenger increase of up to 82.5 million in the year to March 2014 according to its chief executive […]
A quarterly report on Libya has been announced by Research and Markets with oil and gas production will be experiencing a strong recovery with the political stability yet to be assured. According to the report, the current levels of oil and gas production will surpass the pre-war levels under the Ghadaffi regime in the long […]
In a few days, operations will begin at the Zueitina oil terminal following the oil minister’s approval after protests by former rebels over social demands obliged it to halt. Abduladeem Shareed, security supervisor at the terminal said they have “received information from the administration saying that the organization has decided to restart operations and oil […]
Syphax Airlines has decided to tap the aviation market with millions to increase its fleet and their performance. In a recent deal with General Electric Aviation, the company has decided to select CFM International’s LEAP-1A and CFM56-5B engines to power three Airbus A320neo and three Airbus A319/A320ceo aircraft, respectively. The total amount for the order […]
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 […]
Mauritania is under the radar of France Telecom in its expansion plan in Africa and the Middle East region. The head of strategy and development of the company, Elie Girard said they are yet to begin procedures but said it will “be very valuable” if they can “manage to enter Benin, Togo, Burkina and Mauritania.” […]
When Susan Rice withdrew her name from the consideration for nomination for Secretary of State, she did so largely to save the White House from a costly political fight. Over the previous weeks, Senators John McCain, Kelly Ayotte, and Lindsay Graham had attacked her vigorously for not calling the attack on the US consulate in […]
Libya and Tunisia have reopened lately their crossing border post of Ras Jdir which was closed over security concerns and infiltrations of armed groups that threatened the security in the two North African countries that have changed their despotic ruling regimes. The decision was made by Libyan Prime Minister Dr Ali Zidan and his Tunisian […]
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. […]