Archive | Industry & Trade

Better Access to Social Services for Peaceful Coexistence

The Stabilization Facility for Libya helps 3 million people to enjoy better access to social services and better conditions for peaceful coexistence Partners of the United Nations Development Programme's Stabilization Facility for Libya (SFL), including Libyan authorities and members of the international community, met to assess progress thus far and to discuss continued support to […]

US threatens Sanctions in Libya Oil Row

By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. US threatens sanctions in bid to restore oil sharing in Libya The US government raised the specter of sanctions on unspecified parties involved in Libya's civil war yesterday after Libya's oil authority accused […]

US "Regrets Foreign Interference Against Libya's Economy"

After several days of intense diplomatic activity aimed at allowing the National Oil Corporation (NOC) to resume its vital and apolitical work as a way of defusing military tensions, the U.S. Embassy regrets that foreign-backed efforts against Libya's economic and financial sectors have impeded progress and heightened the risk of confrontation. Incursions by Wagner mercenaries […]

Future Entrepreneurs Contest

If you are a university or technical colleges student in any of the cities of: Benghazi, Tripoli, Al-Zawia, Sebha or Murzuq, and you have a pilot project, you only need to register to the "Future Entrepreneurs Contest" targeting 120 students implemented in partnership with Libyan organizations and universities within the EU4PSL project, Expertise France will implement it through the funding of the […]

Kikla launches First Local Development Plan

Kikla's plan preparation task force today handed over the recently completed local development plan to the mayor and municipal council. The five-year plan (2020-2024) was elaborated with the support of the Ministry of Planning and the United Nations Development Programme (UNDP) through the Stabilization Facility for Libya (SFL). The plan is the first one to […]

Greece to Open Consulate in Benghazi

Statement of the Minister of Foreign Affairs, Nikos Dendias, following his meeting with the President of the Libyan House of Representatives, Aguila Saleh (Libya, 1 July 2020) Today I had the pleasure, here in Libya, of visiting the President of the country's only elected institution, the Libyan House of Representatives, Aguila Saleh, who has already […]

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 […]