Archive | Industry & Trade

Libya imposes visa requirement on Egyptians-agency

Libya has told Egyptians they will need visas to enter the country, Egypt’s state news agency said on Wednesday, after Egypt imposed travel restrictions on Libyans during the uprising against Muammar Gaddafi. Egypt toughened its entry requirements after the rebellion broke out in eastern Libya in February and some Libyans tried to cross the border […]

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Finnish companies vying for new contracts in Libya

Libya, an oil-rich nation that recently got out of international isolation, is again hoping to attract Finnish companies to trade with the country. Paula Lehtomäki (Centre), Finland’s Minister for Foreign Trade and Development, is set to take representatives of more than 20 Finnish companies on an export promotion tour of Libya and Algeria during the weekend. […]

Libya’s Waha Set To Restart In December – Official

Waha Oil Co., the last major Libyan oil company yet to resume production, is set to pump crude again next month after a management change ended a crippling strike, an official at the company said Tuesday. Khaled Othman, a Waha Oil Co. construction supervisor and one of the strike’s leaders, said, “We will go back […]

The EU opens a new delegation in Libya

The EU High Representative Catherine Ashton officially inaugurate the new Delegation of the European Union in Libya. At the inauguration she underlined that the Delegation is much more than a building, it is a symbol of EU determination to stand with the people of Libya into the future. Catherine Ashton, EU High Representative for Foreign […]

Libya’s Waha Oil strike over as new chairman named

A strike at Libya oil producer Waha Oil, which pumped around around a quarter of pre-war output, has ended after workers’ demands for a new chairman were met, a workforce representative said on Monday. The oil and finance ministry had overturned an initial agreement to remove chairman Bashir Alashab, who workers accused of cooperating with […]

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Arab Spring’s business mode

Regime change in Tunisia, Egypt and Libya is already celebrated in the West as a crucial step towards political freedom. Elections aim to lay the foundation for the democratisation of the region. The logical assumption is that the ongoing political reform process will fundamentally change the face of the Arab World. These developments, however, are […]

Libyan Oil Output to Reach Pre-War Levels By End of Next Year

Libya’s oil production will not return to pre-civil war levels until the end of next year, while 10 percent of the nation’s energy infrastructure remains badly damaged. Speaking at an economic forum in Doha, Qatar, Nuri Berouin, the chief of Libya’s National Oil Corp. said crude oil output should reach pre-war levels of 1.7 million […]

NTC chairman inaugurates Jordan’s Libya field hospital

Libya’s National Transitional Council (NTC) Chairman Mustafa Abdul Jalil on Thursday inaugurated Jordan’s field hospital in Benghazi, established recently to provide healthcare to the Libyan people. In his opening address, Abdul Jalil lauded “the distinguished medical care of the Royal Medical Services and the Kingdom’s hospitals”, urging Libyan doctors to benefit from the expertise of […]