Archive | Industry & Trade

Libya wants to join China’s Belt and Road Initiative

By John Lee. Deputy Prime Minister Ahmed Maiteeg has reportedly said that Libya wants to develop its economy by joining in China’s Belt and Road Initiative (BRI). Following a meeting with Wang Qimin, Charge d’affaires of the Chinese Embassy to Libya, he stressed the importance of developing Libyan-Chinese relations and working on the return of […]

Libyan Investment Authority sues JPMorgan Chase

By John Lee. The Libyan Investment Authority (LIA) has reportedly filed a lawsuit in London against JPMorgan Chase and businessman Walid Al-Giahmi for what it says is “commercial fraud”. While the details of the case have not been disclosed, Bloomberg suggests that the case probably relates to transactions with Bear Stearns, which JPMorgan bought in […]

Ten Libyan Universities to launch “Start-Up Labs”

On Thursday, 10 Libyan universities gathered in Tunis to launch their Entrepreneurship and Innovation Centers, in the presence of EU officials, EU Member states representatives, Libyan officials, presidents of the participating universities and directors of university start-up Labs (USUL). This launch is part of the European Union financed project ”Support to Libya for Economic Integration, […]

UN, Libyan Govt consultations on Strategic Framework

The United Nations and the Government of Libya undertake national consultations on Strategic Framework for 2019-2020 and UNDP, UNFPA and UNICEF Country Programme Documents The Government of Libya and the United Nations discussed new way forward to support Libya in a round of consultations on the United Nations Strategic Framework (UNSF) for the period 2019-2020 […]

New Entrepreneurship Campus Launched in Benghazi

By John Lee. The Tatweer Entrepreneurship Campus (TEC2020) has been launched in Benghazi by Tatweer Research, in partnership with UNDP Libya and the European Union (EU). It has been described as “an ambitious initiative to build the foundations of the entrepreneurial ecosystem Libya“; comments on social media include: “Thank you for restoring some enthusiasm and […]