Archive | Industry & Trade

Video: Power Outages Short-Circuit Libya’s Economy

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. Years of conflict in Libya – especially in its so-called “oil crescent” – have hurt power generation. Many areas endure total blackouts for hours, and constant electricity outages are affecting all segments of life, […]

Elham Education wins Seedstars Tripoli

On August 6th, during Seedstars Tripoli, Elham Inspire won the Libya round of Seedstars World and will represent the country at the Seedstars Summit in Switzerland to compete for up to USD 1 million in equity investment and other prizes. Seedstars World, the largest seed-stage startup competition for emerging markets and fast-growing startup scenes, brought […]

Libya wins Compensation Lawsuit filed by Turkish Firm

By John Lee. Libya has reportedly won an international lawsuit against Turkey’s TAV Airports Holding Company, which had been demanding compensation of 80 million euros (93 million U.S. dollars) for alleged violation of legal obligations following the suspension of construction at Sabha International Airport in southern Libya. According to Xinhua, the International Chamber of Commerce […]

Order from Chaos: Stabilising Libya the Local Way

By Tarek Megerisi, European Council on Foreign Relations (ECFR): Instability resulting from Libya’s revolution and civil war has never fully come under control. It has worsened with political infighting, the failures of the GNA, and the emergence of a rival government in the east of the country. The inadequacy of the international community’s early “light […]

Libya, Turkey Review Cooperation

By John Lee. Mohamed Amari, a member of the Libyan Presidential Council, reportedly met with Turkish ambassador Ahmet Dogan to discuss political, economic and security matters. Among the issued discussed was the possible resumption of operations by Turkish Airlines and other Turkish companies in Libya. Amari also thanked Turkey for its support in the search […]

Libyan Women Trained on Entrepreneurship Skills

Libyan Women are Trained with the Support of the European Union on Entrepreneurship Skills & Networking In order to promote female entrepreneurship and to increase the network opportunities for Libyan female entrepreneurs, Expertise France, through the EU funded program ‘‘Support to Libya for Economic Integration, Diversification and Sustainable Development” (SLEIDSE), and in collaboration with TheNextWomenTunisie […]

Seedstars Tripoli: Finding the Best Start-Up in Libya

On August  6th, 10 of Libya’s best seed-stage startups will compete to represent the country at the Seedstars Summit in Switzerland and win up to USD 1 million in equity investments and other prizes. The first Seedstars competition in Tripoli is marked by the excitement and commitment of Seedstars and its partners in investing in […]

Libya to join China’s Belt and Road Initiative

By John Lee. The Chinese Foreign Ministry has announced that Libya is to join China’s Belt and Road Initiative (BRI). Foreign Minister Wang Yi held talks in Beijing with Foreign Minister of the Government of National Accord (GNA), Mohamed Taha Siala (Sayala), who was in China for the 8th Ministerial Meeting of the China-Arab States […]