Tag Archives | General Electric

US Firms meet with Libya Local Investment & Development Fund (LLIDF)

U.S. Companies meet with Libya Local Investment & Development Fund (LLIDF) to promote Libya’s economy On March 22, the U.S. Embassy Libya External Office, based in Tunis, and the Libya Local Investment & Development Fund (LLIDF) co-hosted a U.S.-Libya commercial roundtable, bringing together representatives of U.S. companies to learn about LLIDF’s priorities on private sector […]

Greek Firm in $400m Libya Deal

An agreement to carry out the engineering, procurement and construction (EPC) contract for a new power plant in Tobruk, Libya, has been signed between the Greek companyh Mytilineos and the General Electricity Company of Libya (GECOL). The agreement was signing at a special ceremony in Tripoli, in the presence of the CEO of GECOL, Mr. […]

GE could make $10bn revenue from Libya

General Electric, the biggest maker of power-generation equipment, expects to generate as much as US$10bn in revenue from Libya, as the country vies to rebuild its economy, infrastructure, and institutions, and respond to the demands of its population, the company’s regional President and CEO Nabil Habayeb said in an interview with Arabian Business. “The needs […]