Author Archive | editor2

Libyan Oil Boosts Germany’s BASF

Libyan oil will help Germany’s BASF to meet its profit target this year, offsetting a downturn in its main industrial chemicals and plastics business. The world’s largest chemical maker said in its third quarter results: “After the suspension of production in Libya from February to October of the previous year, it was possible to continuously […]

Husni Bey to bring Monoprix to Libya

The Tunisian company Société Nouvelle Maison de la Ville de Tunis (SNMVT Monoprix), has reportedly signed a partnership agreement with Libya’s HB Group to open 30 Monoprix stores in Libya. HB Group, which is said to be the largest private holding company and largest private employer in Libya, is headed by well-known Libyan businessman Husni […]

Libya Warned of New Locust Alert

The United Nations Food and Agriculture Organization (FAO) has alerted Algeria, Libya, Mauritania and Morocco to prepare for the likely arrival of Desert Locust swarms from the Sahel in West Africa in the coming weeks. The four countries are being urged to stand by to mobilize their field teams to detect the arrival of the […]

UK: Libya Faces Challenges but has Real Opportunities

British Foreign Office Minister Alistair Burt (pictured) has commented on the first anniversary of the Declaration of Liberation in Libya, in which the National Transitional Council formally announced the end of the Qadhafi regime. Foreign Office Minister Alistair Burt said: “The Declaration of Liberation marked the end of a regime and conflict in which many […]

Video: Where is Libya One Year after Gaddafi?

Libyans celebrated the end of Muammar Gaddafi’s rule a year ago but its transition to democracy has been far from easy. The country is now facing profound challenges, most notably the threat from armed militias. Guests: Abdel Moneim al-Yasser, Jason Pack, Faraj Najem. Please click below to view the video: (Source: Al Jazeera)

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APICORP uses Libya as Gateway to Africa

In an interview with Al-Arabiya TV, the CEO of Arab Petroleum Investments Corporation (APICORP), Ahmad bin Hamad Al-Nuaimi (pictured), said the company plans to increase its share of the Libyan market, with a view to expanding from there into the African continent. He said APICORP, the Multilateral Development Bank of the Organisation of Arab Petroleum […]

Germany Funds Misrata De-Mining

The German government is to fund two international mine clearance teams to clear and secure an ammunition store in Misrata. Commissioned by the German Federal Foreign Office, the international NGO Handicap International will clear what was formerly a weapons and munitions storage bunker of remnants of war, and secure it. During the battles in Misrata, […]