First Independent Mena Newspaper
The Libyan Investment Authority (LIA) on Monday flatly denied it is planning to take over Petroplus Petit Couronne, a French oil refinery which is currently in bankruptcy proceedings. “The LIA has denied the news circulated by some media and on the internet about its intention to buy an old refinery in France,” reported the Libyan […]
At the end of the Libyan delegation’s visit to Morocco, both counterparts seem to be happy of the outcome of the negotiations to encourage investment. The chief of the Libyan Chamber of Commerce Idriss Omran said there are ongoing feasibility studies and projects to promote investment on both sides. He called on Moroccan investors to […]
Crescent petroleum, a United Arab Emirates based company is eyeing investments into Libya’s oil and gas sector. The company has no investments of such in Libya but it is no stranger to the sector because it is already active in Iraq and Egypt. The chief executive of the company, Majid Jafar told reporters at the […]
The president of the Libyan National Conference, Dr. Muhammad Al-Muqairef, is at the head of a delegation in the Kingdom of Saudi Arabia to widen their global portfolios should consider carrying out projects in conjunction with the Libyan government. The country is on verge on rebuilding its economy and President Dr. Muhammad Al-Muqairef is trying […]
The US elections and the monotonous presidential debates bear little to no substance on North Africa. In the much-anticipated third debate on foreign policy, there was scant mention of the countries of the Maghreb and their important strategic worth in US global fight against terrorism. Except for Libya (mentioned 12 times) in the context of […]
The air forces of the five Maghreb countries (Algeria, Libya, Morocco, Mauritania &Tunisia) and their European partners France, Spain, Italy, Malta and Portugal have staged lately a joint aerial military drill destined to counter terror threats. The joint regional exercise, code-named “Circaete 2012”, seeks to enhance the combat capabilities of the air forces to prevent […]
The new Libyan leaders, who ousted Muammar Gaddafi, have granted over $ 20 million to the Syrian opposition and rebels fighting the tyrannical regime of Bachar Al Assad and his repressive forces. A financial statement released by the Syrian National Council (SNC) and posted in its Web site shows that the Libyan government, which itself […]
In May 2012, leaders of the G8 countries met in France in order to discuss an eventual support of the ongoing revolutionary processes of the Arab Spring. Although a number of countries have already helped financially or otherwise, the current amounts of aid implicitly suggest that another Marshall Plan in not going to take place. […]
Tunisia has denied the news reported by French magazine “Marianne” alleging the existence of jihadist training camps on its soil. The Tunisian interior Ministry on Tuesday denied the news that was reproduced by some Tunisian media. “The internal security forces, in collaboration with the national army, closely monitor the border regions and are vigilant in […]
Vienna plays host November 6 through 8 to the seventh annual North Africa oil and gas summit that will provide attendees with the opportunity to share insights on the region’s recent development prospects and a concrete understanding of the available blocks, evolving fiscal and legal frameworks and contractual terms from strategy leaders in the region. […]