Archive | Industry & Trade

Business Plan Competition for Libyan SMEs

The Support to Libya for Economic Integration, Diversification and Sustainable Development (SLEIDSE) programme, a European Union funded programme, and Libya Enterprise, the national business support organization in Libya, open a business plan competition for small and medium enterprises in Libya until the 26 March 2017 to promote the creativity and innovation of businesses in Libya. […]

Haftar’s Forces Seize Car Carrier

By John Lee. Libyan forces loyal to the Khalifa Haftar boarded and seized a car carrier off the Libyan coast last week, diverting it to the port of Ras Al-Hilal, northeast of Benghazi. The Morning Compass (pictured), operated by Eukor, was reportedly traveling from South Korea to Misrata with several thousand cars. The Tobruk government said the […]

Conference on US-Libya Relations Postponed

Due to events and circumstances beyond the organizers’ and sponsors’ control, the conference on “Libya-U.S. Relations 2017: New Vision, Hope, and Opportunities,” originally scheduled for February 16, 2017 in Washington, D.C., has been postponed. As a result of Executive Order 13769 of January 27, 2017, which bans Libyan travelers from entering the United States, it […]

UK Minister: “Consider Investing in Libya”

By Adam Nathan. Libya has seen “real progress” in the fight against terrorism as well as on key economic fronts, Tobias Ellwood MP, UK Minister for the Middle East and Africa, told a major investment event in London. Ellwood, who opened the Libya Reconstruction & Investment Forum at Lancaster House, highlighted three areas of progress: […]

Turkey Reopens Libyan Embassy

By John Lee. Turkey has reopened its embassy in Tripoli, two-and-a-half years after closing it due to the security situation in the country. It is the second country to reopen its diplomatic mission in the country, following Italy earlier this month. Turkey’s ambassador, Ahmet Aydın Doğan, had been based in Tunisia during the embassy’s closure, while […]

Greek Firm in $380m Libya Deal

Greek company METKA has announced that it has concluded an agreement with the General Authority for Electricity and Renewable Energy of Libya (GAEREL) to carry out the engineering, procurement and construction (EPC) contract for a new power plant in Tobruk, Libya.  The agreement was made in Athens on 25 January 2017. The project, with total […]