Archive | Industry & Trade

Tripoli seeks Floating Power Station from Turkey

By John Lee. Turkish power company Karadeniz Holding is reported to be in talks with the Libya's Tripoli-based Government of National Accord (GNA) to sell electricity. A spokesperson for the company told Bloomberg that Libya has daily power outages of eight to 10 hours, and that the company is ready to send ships with 1,000 […]

UNDP, KIA create Jobs for Libyan Youth, Women, IDPs

UNDP, KIA partner to create jobs opportunities for youth, women, internally displaced persons As part of its efforts to support Libya in its way toward long-term economic and livelihoods recovery, The United Nations Development Programme (UNDP) signed today an agreement with Kia Motors in Libya to provide vocational training for at least 60 youth and […]

Turkey-Libya Pact Enables New Oil Exploration, Projects

By John Lee. Turkey has reportedly determined seven licensing areas for oil exploration in the Eastern Mediterranean under its recent pact with Libya. According to the Turkish newspaper Daily Sabah, Turkey's Energy and Natural Resources Minister, Fatih Dönmez (pictured), made the announcement on Monday during a television interview. In November, Ankara and Libya's United Nations-recognized […]

Innovative Solutions to Stop Biodiversity Threats in Libya

By Gerardo Noto, UNDP Libya. Innovative solutions to stop biodiversity threats in Libya Every 5th of June since 1974 the world celebrates the International Environment Day. The United Nations family seizes the occasion to raise awareness of pollution, climate change, and sustainable consumption. This year, the celebration is marked by the infectious disease caused by […]

EUR 3 Million more for EU4PSL Project

Libya: additional € 3 million allocated to EU-funded EU4PSL project The EU Delegation to Libya announces an allocation of 3 million euros funding to EU4PSL - European Union for private sector in Libya, in addition to the previous 7 million euros. It is a project successfully implemented by Expertise France and in close collaboration with […]

Tunisian Company Joins LBBC

By John Lee. Tunisian-based NAME Logistics has joined the Libyan British Business Council (LBBC). Their representatives in EU, MENA region and Egypt arrange multimodal transport to Benghazi and Tripoli. They are currently moving all air cargo requirements UK/EU to Libya via AMM (Jordan) and CAI (Egypt) to Libya by air. Transit delivery time from departure […]

Libyan Entrepreneur delivers Supplies during Lockdown

By John Lee. A Libyan entrepreneur's online platform delivers supplies during the COVID-19 lockdown and the ongoing conflict Like many other countries in the world, Libya imposed emergency lockdown measures, enforcing closure of all public spaces and a curfew in an attempt to prevent the spread of the novel Coronavirus (COVID-19). The lockdown ordered the […]

China's Balancing Act in Libya

By Frederic Wehrey and Sandy Alkoutami, for the Carnegie Endowment for International Peace. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Among the bevy of great and middle powers involved in Libya, China is often neglected. It is not pouring in mercenaries or conducting […]