Author Archive | editor2

UNESCO Calls for Halt to Destruction of Sufi Sites

UNESCO Director-General Irina Bokova has expressed her grave concern over the destruction and desecration of Sufi shrines and libraries in Zliten, Misrata and Tripoli Libya. Ms Bokova called on the perpetrators to cease the destruction immediately. Referring to destruction at the Islamic Centre of Sheikh Abdussalam Al-Asmar in Zliten, the Mosque of SidiSha’ab in Tripoli, […]

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Libya Raises September Crude Price

Libya’s state-run National Oil Corporation (NOC) has raised the September selling price of its benchmark Es Sider crude by 60 cents to dated Brent minus 70 cents a barrel. According to Reuters, the NOC has a recent history of surprising traders, but many believed the latest set of prices were relatively fair; “September OSPs look […]

China’s ZTE Dedicated to Libyan Market

ZTE, the Chinese telecom company, held a full-day workshop this week with engineers from Almadar, aimed at improving the quality of communication and internet services in Libya. According to the report from China Daily, Almadar, the largest operator in Libya, has over two thirds of the country’s 6 million population as its customers. Almadar’s project […]

Malta Trains Libyan Navy

The Times of Malta reports that a detachment of 46 officers and men from various sections of the Armed Forces of Malta has arrived in Libya on a training and relationship-building mission. The men, from Maritime Squadron, 1st Regiment and EOD operatives from the 3rd Regiment, will train the Libyans in diving, ship boarding and […]

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AGOCO Pre-Qual for Construction of Accommodation Blocks

The Arabian Gulf Oil Company (AGOCO) has announced opportunities for the pre-qualification of specialized companies to construct accommodation blocks at the Sarir, Nafoora, Beda, Messla and Hamada fields (Project Nos.: K-84, K-86, K-88, K-90, K-91) (Bid No.: MTC- 33/2012). Conditions and Participation Requirements :- All Specialized companies which desire to participate in one or more […]

Egyptian Firm to Bid for $1bn of Libya Projects

Zawya reports that Cairo-based Arab Contractors Company has bid for projects in Libya valued at about USD 1 billion through its recently opened office in Tripoli. Effat Abdullah, deputy chairman of the state-owned firm, told the news agency: “Libya affords wide investment opportunities in contracting, construction and hotels and to participate in a number of projects […]

Expert Advice on Opportunities in Egypt and Libya

The British Foreign and Commonwealth Office (FCO) has announced that UK Trade & Investment (UKTI) directors and partners from Egypt and Libya will be visiting the UK from 24-26 September to meet British companies wanting to understand the opportunities and business potential in these developing markets. Please see details attached, and to register for the […]

US State Dept Warns Against Travel to Libya

The U.S. Department of State warns U.S. citizens against all but essential travel to Libya. The incidence of violent crime, especially carjacking and robbery, has become a serious problem. In addition, political violence in the form of assassinations and vehicle bombs has increased in both Benghazi and Tripoli. This Travel Warning replaces the Travel Warning […]