The British Foreign Secretary has claimed that the Libyan city of Sirte could be the new Dubai. But in a statement that has been described as "crass, callous and cruel", Boris Johnson added, "... all they have to do is clear the dead bodies away." Various news agencies quote him as telling a Conservative Party […]
Tag Archives | Dubai
Audit Bureau bans Companies, Freezes Bank Accounts
By John Lee. The Tripoli-based Libyan Audit Bureau has reportedly banned 10 Libyan and 13 foreign companies from dealing with Libya, and has frozen the accounts of companies to the value of Euro 37 million and $12 million. The move relates to money smuggling, facilitated by opening Letters of Credit (LCs) in favour of foreign […]
Future Energy Forum Opens for Membership
Beginning 2016 founders of The Iraq Club, will officially launch the Future Energy Forum (FEF), an exclusive business-focused community connecting a senior network of leaders specifically engaged in the development of emerging energy markets. A much anticipated forum, FEF is spearheaded by William Wakeham and Leanne Case, both of whom are leading experts on critical […]
'NOC East' calls for Talks with IOCs
The newly-created National Oil Corporation (NOC) loyal to the internationally recognised government in the east of Libya has reportedly invited international oil companies (IOCs) to "discuss legally signed agreements and contracts" at a conference in Dubai next month. The Tobruk government set up the rival company - 'NOC East' - in Benghazi, but oil buyers […]
Malta "Potential Libya Investment Base"
The chairman of the Dubai Chamber of Commerce, Abdul Rahman Saif Al-Ghurair, has said that companies in Dubai are interested in using Malta as a base to invest in Libya. Libya Herald reports that, speaking after the signing of a Strategic Partnership Agreement with the Malta Chamber of Commerce, Enterprise and Industry in Dubai, Mr […]
UAE Firm "in Negotiations" on Business Park
Dubai Investments PJSC [DI] has announced that Dubai Investments International – its wholly-owned subsidiary targeting overseas expansion, is currently tapping into business opportunities in Africa and Asia. As a first step in scaling up its overseas operations, DI International is targeting investments, joint ventures and strategic partnerships across Africa and Asia, and also eyeing commercial […]
Etisalat Academy Training Centre in Libya
Etisalat Academy, the largest single-source provider of training and development solutions in the Middle East, has signed an agreement with Libyan Post Telecommunications Information Company for the establishment of a training academy in Libya. The MoU was signed by Ali Al Sharid, the CEO of Etisalat Services Holding and Dr Faisel Gergab, the chairman of […]
Emirates Resumes Flights to Tripoli
Emirates Airlines has resumed passenger flights to Tripoli. With the departure of the first flight from Dubai International airport this week, Emirates has re-established a key route offering Libyan travellers access to its global network that spans six continents. Adil Al Ghaith, Emirates’ Vice President Commercial Operations Northern and Western Africa, said: “We are now […]