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Libya Requests Foreign Help Waha Oilfield Resumes Operations Weekly Security Reporty by SNE 26 August 2014 Libya’s First Multifunctional Sports Centre
 
Libya Requests Foreign Help

Libya Requests Foreign Help

Reuters reports that Libya has asked the international community to help protect its oilfields, airports and other important infrastructure against the militias. The country’s ambassador in Cairo, Mohamed Jibril, said on Monday that Libya was unable to protect its key resources. The plea came as attackers fired rockets at Labraq airport in eastern Libya, one of the […]

Waha Oilfield Resumes Operations

Waha Oilfield Resumes Operations

Libya has resulted normal operations had resumed at Waha oilfield. A spokesman for the state-owned National Oil Corporation (NOC) told The Wall Street Journal, that operations resumed at the giant field on Monday. Waha, which normally produces 160,000 bpd, supplies crude to the Es Sider terminal, which restarted exports using stored oil last week. The […]

Weekly Security Reporty by SNE 26 August 2014

Weekly Security Reporty by SNE 26 August 2014

An interesting week in Libya with the Islamist militias challenging the legitimacy of the new House of Representatives (HoR) who are currently sitting in Tobruk after seizing control of Tripoli international airport on the 23 August away from the Zintan militia group who have held it since the end of the 2011 revolution. Earlier in […]

Libya’s First Multifunctional Sports Centre

Libya’s First Multifunctional Sports Centre

Giancarlo Zema Design Group has revealed plans for a solar powered, multi purpose sports centre for Tripoli, Libya. Called the ‘Desert Flower’, and scheduled for completion in 2017, the sporting centre will be the first of its kind in the country and feature a variety of sporting facilities, including a 40,000-seat auditorium. Giancarlo Zema Design […]

Libya Requests Foreign Help

Libya Requests Foreign Help

26 August 2014

Reuters reports that Libya has asked the international community to help protect its oilfields, airports and other important infrastructure against the militias. The country’s ambassador in Cairo, Mohamed Jibril, said on Monday that Libya was unable to protect its key resources. The plea came as attackers fired rockets at Labraq airport in eastern Libya, one of the […]

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Posted in Oil & Gas, Security0 Comments

Waha Oilfield Resumes Operations

Waha Oilfield Resumes Operations

26 August 2014

Libya has resulted normal operations had resumed at Waha oilfield. A spokesman for the state-owned National Oil Corporation (NOC) told The Wall Street Journal, that operations resumed at the giant field on Monday. Waha, which normally produces 160,000 bpd, supplies crude to the Es Sider terminal, which restarted exports using stored oil last week. The […]

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Posted in Oil & Gas0 Comments

Weekly Security Reporty by SNE 26 August 2014

Weekly Security Reporty by SNE 26 August 2014

26 August 2014

An interesting week in Libya with the Islamist militias challenging the legitimacy of the new House of Representatives (HoR) who are currently sitting in Tobruk after seizing control of Tripoli international airport on the 23 August away from the Zintan militia group who have held it since the end of the 2011 revolution. Earlier in […]

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Posted in Security, Weekly Security Update0 Comments

Libya’s First Multifunctional Sports Centre

Libya’s First Multifunctional Sports Centre

25 August 2014

Giancarlo Zema Design Group has revealed plans for a solar powered, multi purpose sports centre for Tripoli, Libya. Called the ‘Desert Flower’, and scheduled for completion in 2017, the sporting centre will be the first of its kind in the country and feature a variety of sporting facilities, including a 40,000-seat auditorium. Giancarlo Zema Design […]

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Posted in Construction & Engineering, Leisure & Tourism0 Comments

Cruise Ship Hired as ‘Floating Hotel for MPs’

25 August 2014

BBC News reports that the Libyan government appears to have hired a cruise ship in the port of Tobruk to serve as a “floating hotel” for politicians and journalists. The boat was hired as a temporary residence for members of the newly-formed House of Representatives (HoR), but according to Libya Herald the politicians have refused to move […]

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Posted in Politics0 Comments

‘Public Execution’ Shows Libya’s Descent into Lawlessness

‘Public Execution’ Shows Libya’s Descent into Lawlessness

25 August 2014

From Amnesty International. A shocking video showing an execution-style killing by an armed group at a football stadium in eastern Libya highlights the authorities’ failure to prevent parts of the country from descending into violence and lawlessness, Amnesty International said today. An amateur video published on social media sites shows the purported execution of an […]

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Algeria ‘Snubs Military Option’, Deploys Troops

Algeria ‘Snubs Military Option’, Deploys Troops

24 August 2014

Algeria has reportedly deployed some 50,000 troops along its 1,000 km border with Libya, but said it does not believe in military options as a solution to the crisis hitting the region. The country’s Foreign Minister, Ramtane Lamamra (pictured), is quoted as saying that “Algeria shares with all neighboring countries, the desire to help Libyans […]

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Tawerghans Sue French State

Tawerghans Sue French State

24 August 2014

Displaced esidents of the city of Tawergha have reportedly started proceedings against France in the High Court in Paris, claiming more than 600 million euros in compensation for the country’s role in airstrikes that led to the overthrow of Colonel Gaddafi. According to a report from Reuters, some 40,000 people forcibly displaced from the city […]

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LIA to Recruit World Bank Exec

LIA to Recruit World Bank Exec

23 August 2014

The Telegraph reports that the Libyan Investment Authority (LIA) is about to appoint a senior executive from the World Bank to head up the organisation. In what it describes as an attempt to restore the financial credibility of the crisis-hit country, Ahmed Ali Attiga is expected to be appointed as head of the $60-billion sovereign […]

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Posted in Banking & Finance, Investment0 Comments

Oil Minister Replaced

Oil Minister Replaced

23 August 2014

Libya’s deputy oil minister, Omar Shakmak, who headed the oil ministry as a caretaker since the departure of former oil minister Abdulbari Alarusi [Al Arusi] in January, has told the Wall Street Journal that he is resigning from the top job at the request of Prime Minister Abdullah al-Thinni [Al-Thani, al-Thanay]. Mr. Shakmak didn’t give any […]

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Posted in Oil & Gas0 Comments

Libya Dropped as Host of 2017 Nations Cup

Libya Dropped as Host of 2017 Nations Cup

23 August 2014

Libya have been dropped as the host of the 2017 African Nations Cup finals. The Confederation of African Football (CAF) announced on Saturday that it was inviting new bidders for the tournament, as fighting in Libya makes its plans to host the event increasingly untenable. As a result, plans to buid new stadiums have been […]

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Posted in Construction & Engineering, Leisure & Tourism, Security0 Comments

Can New Regulator Boost Trading on Stock Market?

Can New Regulator Boost Trading on Stock Market?

20 August 2014

By Dr. Mohamed Karbal,  Managing Partner at Karbal & Co. and Nabilah Karbal, Associate at Karbal & Co. Libya’s new Financial Regulatory Agency: Can it boost trading on the Libyan Stock Market?  Libya’s aim to diversify its economic activity by strengthening its financial sector and encouraging investments may prove a success, as the creation of […]

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Posted in Banking & Finance, Dr. Mohamed Karbal, Investment0 Comments

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