Archive | Politics

Opinion: Libya’s dual divide: Ex-patriates Aren’t Welcome in the “New Libya.”

A clause in Libya’s draft election laws which excludes Libyans with multiple nationalities from running for public office unless they are willing to give up their other nationality, a requirement which would be unacceptable in Europe, has polarised opinion in Libya and raised serious questions about citizenship and identity in the “New Libya”. Tens of […]

Libya’s recovery: Better than it sounds

LIBYA’S interim rulers had their first serious wobble on January 21st when a crowd of several thousand massed outside a government building in Benghazi, the country’s second city, where members of the National Transitional Council were meeting. They hurled grenades and Molotov cocktails, yelled angry slogans and demanded more support for rebel fighters now out […]

Turkey donates Libya police cars, uniforms

Ankara has presented Libya with 30 free police vehicles and 6,000 police uniforms as part of a host of Turkish efforts to help train the North African country’s law enforcement officers. Speaking at a ceremony yesterday in Tripoli, Turkish Economy Minister Zafer Çağlayan said 1,500 Libyan police would be trained in Turkey between March and […]

Libya boosts oil output but dangers lurk

Two major oil companies in Libya say they expect to restore their pre-war production levels by the end of the month, just in time to help pick up the slack for energy-hungry Europe if Persian Gulf crude supplies are cut off in the confrontation between Iran and the West. Other firms make equally optimistic forecasts […]

Turkey offers Libya $250 million in loan

Turkey’s Eximbank has decided to allocate some $250 million to Libya following its move the day before to extend $500 million to Tunisia, said Turkey’s Economy Minister Zafer Çağlayan at the Turkey-Libya Business Forum in Tripoli yesterday.  “Our Libyan brothers will be able use this loan toward their investments, their purchases of machinery and other […]

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Libya in business, just not business as usual

Businesses of all kinds should be looking at the potential of Libya and considering whether and how to enter the market. A large part of that decision will be based on how business-friendly the laws of Libya are and how much protection investors can expect. The legal system of Libya is reasonably well developed and […]

Algerian Min. reveals phases of restoring ties with Libya

Libyan Minister of Labor and Rehabilitation Mustafa Ali Al-Rajbani revealed on Tuesday that the phases to restoring normal relations with Algeria have started to take their normal course. Al-Rajbani said in press statement that the phases of restoring relations was attained due to the several meetings that joined Algerian President Abdelaziz Bouteflika with Libyan President […]

The business outlook

When will be the best time for a multi-sector trade promotion mission from Britainto go to Libya? To find the answer to that question a small group from the Libyan British Business Council of which I am a deputy chairman spent last week in Libya, my own first visit since the revolution. My main impressions […]