Author Archive | editor2

Foreign Contractors Resorting to Force Majeure under Libyan Law

By Dr. Mohamed Karbal. Re-published with permission by Libya Business News. After decades of oppression and injustice, the Libyans, after many attempts, were finally successful in their eradication of the Gaddafi regime. Peaceful demonstrations initiated by the Libyan people morphed into armed conflict due to the irresponsible and brutal acts of the regime. As a […]

Lord Marland to lead MEA’s Libya Trade Mission

The UK’s Middle East Association is delighted to announce that Lord Marland, Chairman of the UK’s Business Ambassadors Group and Parliamentary Under Secretary of State for the Department of Energy and Climate Change, will be leading the MEA’s Trade Mission to Tripoli (16th – 20th September). To sign up for a mission prospectus, containing full […]

Tags:

Libya Political and Economic Briefing, London, 24th July

The Middle East Association will be hosting a Political and Economic Business Briefing on Libya at Bury House on Tuesday 24th July. Libya is Africa’s second largest oil producer and a major gas producer with a huge potential to develop its economy. The dramatic turn of events in 2011 which led to the overthrow of […]

New Oil Pipeline from Anafura to Amal

The s National Oil Corporation (NOC) and the Arabian Gulf Company for Oil have entered an agreement with Wintershall (Libya) to build a crude oil pipeline from the Anafura field (affiliated with the Arabian Gulf Company) to the Amal field (affiliated with the Harouge Oil Operations Company). The 24-inch pipeline will be approximately 55 km […]

Suppliers to Default on Libyan Grain Deal?

Reuters reports that the rising price of wheat on world markets could jeopardise a recent Libyan grain deal. The contract, agreed on 4th July, was for the supply of 50,000 tonnes of milling wheat. “A lot of people will be surprised if that deal goes through as it looks like a loss-maker,” one dealer told […]

Tags: , ,

100 Egyptian Firms Competing for Libyan Business

The head of the Egyptian-Libyan Businessmen Committee, Mr. Nasser al-Bayan, has said that 100 Egyptian contracting companies are competing to win business in Libya. According to the report from Libya Business, businesses and investors are trying to win contracts for the provision of building materials as well as heavy building machinery. Mr. Bayan told al-Wadi […]

US Pledges Continued Support to Libya

Deputy Secretary William Burns visited Libya on Saturday, July 14 for meetings with Government of Libya officials. After meeting with Libyan Prime Minister Abdulrahim Elkieb, he issued the following statement to the press: Good morning. It’s a pleasure to be in Tripoli. And it’s a pleasure to meet again with the Prime Minister, and with […]