Libya: Economic Development

 On 22 December 2011, the European Union (EU) unfroze all assets of the Central Bank of Libya and the Libyan Arab Foreign Bank, according to Reuters. In a separate article, Reuters reports that port workers in Tripoli went on strike 01 January to demand better working conditions and government invest-ment to repair damage caused by […]

Libya, Saudi Arabia to Restore Full Relations

Less than three months after the end of the conflict in Libya that ousted former Libyan dictator Muammar Gaddafi after 42 years of rule, the Saudi Press Agency, ASP, has reported that Libya and Saudi Arabia have agreed to restore full diplomatic ties and exchange ambassadors. It follows a meeting on Sunday in the Saudi […]

Libya Begins Plan to Elect Assembly

Libya’s interim government posted on its Web site a draft law laying out procedures for electing a planned constitutional assembly, taking a first step toward the establishment of a new government after the overthrow of Col. Muammar el-Qaddafi. The draft law leaves the most difficult and politically delicate questions, like drawing up districts or settling […]

Libya’s al-Sedr oil port resumes operations: official

Libya’s al-Sedr oil port has resumed operations and will see the first oil shipment sail on Tuesday or earlier, an official from Waha Oil Co said, months after the terminal stopped running during a civil war that ended Muammar Gaddafi’s rule. “The port was damaged by the Gaddafi regime and the facilities are now operational,” […]

Workers at Tripoli’s decaying port go on strike

Port workers in Libya’s capital Tripoli went on strike on Sunday to demand better working conditions and government investment to fix major damage caused by war and decades of negligence. The port, Libya’s largest non-oil harbor, was damaged during the civil war that ended Muammar Gaddafi’s rule. In May, NATO sank eight Libyan warships there […]

Libya Will be Marzouki’s First Official Visit

President Moncef Marzouki announced on the day following his election that Libya will be the destination of his first official international visit. Marzouki will be traveling to Libya January 2, 2012. “He received an official invitation to visit Libya. The visit aims to show support for the Libyan Revolution and to reinforce Tunisian-Libyan relations. He will meet Libyan officials and businessmen,” said Imed […]