Libya’s Post Election Landscape: The Outlook for International Business

Libya’s General National Congress announced on Wednesday the election of Dr. Mustafa Abushagur (pictured) as Libya’s new Prime Minister. According to a report from ie Consultancy, it is currently expected that Dr. Abushagur will have a period of two weeks to select his cabinet, after which a further period of two weeks will be allocated […]

Libya’s parliament elects technocrat to be the country’s new PM

Members of Libya’s national assembly have elected technocrat Mustafa Abu Shagour as the country’s new prime minister. Shagour, previously deputy prime minister, won 96 votes, beating the liberal candidate Mahmoud Jibril by just two votes to take control of Libya’s transitional administration for the next 18 months. Abu Shagour is an optical engineer and returned from the United […]

Tripoli via Tallaght for Libyan PM contender

A former lecturer at the Institute of Technology in Tallaght, Dublin, is one of eight candidates for the post of prime minister in Libya. Fathi Akkari, who lectured in electronic engineering at the institute before he returned to Libya shortly after last year’s revolution began, was appointed the country’s deputy minister for higher education last […]

Libyan President of National Congress Condemns Killing of US Ambassador

Mohamed Magariaf, Libyan President of National Congress (NG) condemned the killing of the American Ambassador J. Christopher Stevens in Libya as a result of an attack on the American consulate in Benghazi. He said that the National Congress and the Transitional Government “condemn the criminal aggression” on the US consulate. “While we strongly condemn any attempts […]

US confirms its Libya ambassador killed in Benghazi

The US ambassador to Libya is among four Americans killed in an attack on the US consulate in Benghazi, President Barack Obama has confirmed. Armed men stormed the grounds overnight amid uproar among Muslims over a US-produced film which is said to insult the Prophet Muhammad. It has not been confirmed how the ambassador, J […]

Middle East financial markets ignore the violence

Equities markets in the Middle East closed mostly higher Wednesday, but were mostly oblivious to the attack on the U.S. embassy in Egypt and violence that has claimed the life of a U.S.ambassador in Libya. On Wednesday, the Egypt EGX 30 stock market index (XX:EGX30) edged up by 0.5%. In Saudi Arabia, the Tadawul All Share […]

Google blocks YouTube clip only in Egypt and Libya

YouTube, which is owned by Google Inc, has announced that it will not remove a film clip mocking the Prophet Mohammad, but has blocked access to it in Libya and Egypt, countries where anti-U.S. protests have taken place. The clip, which is based on a longer film, depicts the prophet as a fraud and philanderer and has […]