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Managing Libya Progress Report on Reintegration of Former Revolutionaries EU Calls for Moratorium on Death Sentences Gaddafi
 
Managing Libya’s $67bn Sovereign Wealth Fund

Managing Libya’s $67bn Sovereign Wealth Fund

By Padraig O’Hannelly. Libya is complicated. With two rival governments, controlling rival armies that themselves contain competing factions, it’s hardly surprising that control of one of Libya’s biggest assets, its $67-billion sovereign wealth fund, is also contested. To some extent, the battle for control of the Libyan Investment Authority (LIA) mirrors the divisions within Libya […]

Progress Report on Reintegration of Former Revolutionaries

Progress Report on Reintegration of Former Revolutionaries

As the unity government talks continue towards a resolution, the Libyan Programme for Reintegration and Development (LPRD), formerly known as WAC (Warriors Affairs Commission), has released its ‘Progress Report’ demonstrating challenges and achievement in the reintegration of exFcombatants, including insights into financial management and offering a view of its future plans. In a timescale of […]

EU Calls for Moratorium on Death Sentences

EU Calls for Moratorium on Death Sentences

A European Union Spokesperson has made the following statement on the death sentences issued on Tuesday in Tripoli: “The European Union is seeking clarity regarding the deaths sentences issued by a Court in Tripoli against a number of people including Saif al-Islam [the son of Col Gaddafi]. “As reported by the United Nations Support Mission […]

Gaddafi’s Son Sentenced to Death

Gaddafi’s Son Sentenced to Death

A court in Libya has sentenced nine people, including the son of deposed leader Col Muammar Gaddafi, to death for war crimes related to the revolution in 2011. Saif al-Islam Gaddafi gave evidence at the trial by video link, as he is being held by a former rebel group from Zintan. According to a report […]

Managing Libya’s $67bn Sovereign Wealth Fund

Managing Libya’s $67bn Sovereign Wealth Fund

30 July 2015

By Padraig O’Hannelly. Libya is complicated. With two rival governments, controlling rival armies that themselves contain competing factions, it’s hardly surprising that control of one of Libya’s biggest assets, its $67-billion sovereign wealth fund, is also contested. To some extent, the battle for control of the Libyan Investment Authority (LIA) mirrors the divisions within Libya […]

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Posted in Investment, Politics, Security0 Comments

Progress Report on Reintegration of Former Revolutionaries

Progress Report on Reintegration of Former Revolutionaries

30 July 2015

As the unity government talks continue towards a resolution, the Libyan Programme for Reintegration and Development (LPRD), formerly known as WAC (Warriors Affairs Commission), has released its ‘Progress Report’ demonstrating challenges and achievement in the reintegration of exFcombatants, including insights into financial management and offering a view of its future plans. In a timescale of […]

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Posted in Education & Training, Employment, Security0 Comments

EU Calls for Moratorium on Death Sentences

EU Calls for Moratorium on Death Sentences

30 July 2015

A European Union Spokesperson has made the following statement on the death sentences issued on Tuesday in Tripoli: “The European Union is seeking clarity regarding the deaths sentences issued by a Court in Tripoli against a number of people including Saif al-Islam [the son of Col Gaddafi]. “As reported by the United Nations Support Mission […]

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Posted in Politics, Security0 Comments

Gaddafi’s Son Sentenced to Death

Gaddafi’s Son Sentenced to Death

28 July 2015

A court in Libya has sentenced nine people, including the son of deposed leader Col Muammar Gaddafi, to death for war crimes related to the revolution in 2011. Saif al-Islam Gaddafi gave evidence at the trial by video link, as he is being held by a former rebel group from Zintan. According to a report […]

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Posted in Politics, Security0 Comments

IMF Recognises Hibri as CBL Governor

IMF Recognises Hibri as CBL Governor

28 July 2015

The International Monetary Fund (IMF) has reportedly said it has recognises the central bank governor named by Libya’s internationally recognised government as its sole contact, and has ended ties with a rival bank chief in Tripoli. The Tobruk-based government dismissed the Tripoli-based governor Saddek Omar Elkaber [al-Sadiq al-Kabir] last year, leaving deputy governor Ali al-Hibri […]

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Posted in Banking & Finance, Politics0 Comments

Libya Scrambles to find Gadhafi’s Missing Billions

Libya Scrambles to find Gadhafi’s Missing Billions

28 July 2015

By Samir Sobh for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Apart from the outcomes of the UN-brokered peace deal that was signed July 11, in Skhirat, Morocco, the fact that some parties to the conflict objected on its articles, and that others […]

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Posted in Banking & Finance, Investment, Security0 Comments

Greece Impounds Vehicles Bound for Libya

Greece Impounds Vehicles Bound for Libya

28 July 2015

IHS Jane’s 360 reports that Greece has impounded 16 armoured vehicles destined for Libya, as they contravene the UN embargo on deliveries of military and paramilitary equipment to the country. The vehicles included eight Streit Group Typhoon 4×4 mine-resistant ambush protected vehicles (MRAPs), similar to the one pictured, five armoured Toyota Land Cruisers, two armoured […]

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Posted in Industry & Trade, Security0 Comments

Counterfeit Whisky Seized

Counterfeit Whisky Seized

28 July 2015

A container on its way from the Far East to Libya has been found to contain 7,200 bottles of counterfeit whisky. It was searched by Customs officers at Malta Freeport, and has been seized for further investigation. (Source: The Malta Independent) (Counterfeit image via Shutterstock)

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Posted in Industry & Trade0 Comments

Algeria Steps Up Border Control

Algeria Steps Up Border Control

28 July 2015

According to local media, the Algerian army has recently acquired 1,680 vehicles for border control, amid rising concerns over possible terrorist infiltration and smugglers from neighbouring Libya. The desert border between Algeria and Libya is over 1,000 kilometers long. (Source: ANSAMed)

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Posted in Industry & Trade, Security0 Comments

Harouge Oil Operation Seeks Tug Boats

Harouge Oil Operation Seeks Tug Boats

28 July 2015

Harouge Oil Operations, a joint operating company on behalf of the National Oil Corporation (NOC) Libya and Suncor Oil (North Africa) GmbH, announces an invitation to participate in tender No (07/2015) for companies that have the required Legal and valid License documents. Summary of the Work: Design, supply and commissioning of (2) Tug Boats. To […]

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Posted in Oil & Gas, Tenders0 Comments

UNSMIL Concerned About Clashes in South

UNSMIL Concerned About Clashes in South

28 July 2015

The United Nations Support Mission in Libya (UNSMIL) is deeply concerned about the renewed clashes in southern Libya, particularly in the cities of Sabha, al-Kufra and Awbari, and calls for an immediate end to the violence. Reports indicate that the recent fighting in Sabha has resulted in scores of people killed, including three women and […]

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Posted in Security0 Comments

Weekly Security Report by SNE Special Projects 28 July 2015

Weekly Security Report by SNE Special Projects 28 July 2015

28 July 2015

SNE Special Projects have operated within Libya since the revolution of 2011 and are a fully licensed security provider working with our Libyan partner company. We have kept our permanent British & Libyan Country Management Team in Tripoli throughout the last few difficult months, supporting our clients staff and critical infrastructure and offering up to […]

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Posted in Security, Weekly Security Update0 Comments

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