Burger Fuel to open in Libya

Burger Fuel Worldwide, the local fast-food chain targeting franchises in the Middle East, has signed up a new franchisee in post-Gaddafi Libya. The burger chain, which went public in 2007, signed an agreement with Sadeen General Trading in Libya, which already operates European coffee brands in the North African nation. Burger Fuel has been selling […]

UAE firms look to capitalise on emerging opportunities in Libya

An increasing number of UAE firms, especially from the construction, power, oil & gas, investment, engineering, healthcare, logistics and banking sectors, are set to capitalise on the emerging opportunities in Libya, according to Arabian Reach. According to the Dubai-based exhibitions and events management company, which is organising the Libya Infrastructure & Rebuild Conference, the UAE […]

Thai workers won’t return to restless Libya

Thai workers will not be sent back to Libya because the country has not yet returned to normal, says a senior diplomat who is responsible for overseas job placement programmes. “Thailand has decided not to send back workers to Libya as the situation in the country is not yet completely safe,” director-general of Consular Affairs […]

Libya’s First Trade Fair Since Qaddafi Ouster Slated for April

Libya’s economy minister said the country’s first trade fair since Muammar Qaddafi was ousted and killed last year will focus on opportunities to rebuild infrastructure. Economy Minister Ahmed El-Koshly told reporters late yesterday the 40th Tripoli International Trade Fair will run from April 2 to April 24. Trade fair manager Ahmed Ali Mourad said that […]

Yara unveils unacceptable payments in Swiss JV

Yara International, one of the world’s largest fertiliser companies, said it had uncovered “unacceptable payments” at its joint venture in Switzerland after an external investigation into possible corruption it initiated last year. Yara said on Friday it had told Norwegian police about the findings, which follow last year’s discovery of possible offences in connection with […]

Libya prepares more oil autonomy for its east

Plans to grant more autonomy to Libya’s oil rich east were laid out this week at the nation’s first oil and gas summit held in Rome after months of unease among international oil companies over the uncertainty. A new system in place will devolve power to subsidiary firms previously controlled by the state’s National Oil […]

Libya restores diplomatic ties with Iraq: official

Libya has restored full diplomatic relations with Iraq and plans to send an ambassador to Baghdad more than eight years after cutting off ties, Iraq’s deputy foreign minister said Friday. “There was a delegation that came here, and they said that this decision is under discussion at the foreign ministry in Libya and this step […]

Turkey ships 23 tons of humanitarian aid to Libya

The Turkish Cooperation and Coordination Agency (TİKA) sent 23 tons of humanitarian aid supplies to Libya on Friday. Mahmut Urhan, TİKA’S program coordinator for Libya, said the agency sent 23 tons of food and hygienic supplies to assist Libyan families in need as well as orphans and widows. “The supplies sent include diapers and food […]