Tag Archives | Libya

Weekly Security Review

Tripoli The security situation in Tripoli remains good. In general, the attitude towards western personnel is positive, however AKE sources on the ground have reported a degree of suspicion among some sections of the population. Personnel are not advised to spend large amounts of time outside without a Libyan national accompanying them.  AKE sources on […]

Talks with Libya over migration to take time

The EU will be taking its time before engaging in direct talks with the new Libyan authorities to strike a deal on illegal migration. Although the issue is of direct importance to Malta, the European Commission yesterday said negotiations with Libya on this issue will only start once “the conditions in Libya are right”. It […]

Libya is 7th largest investor in Abu Dhabi

Libya emerged as the seventh largest investor in Abu Dhabi at the end of 2008 while Britain was the top investor, pumping nearly a third of the total capital into the emirate, according to government data. By the end of 2008, foreign direct investment (FDI) into Abu Dhabi totalled nearly 51.6 billion, up by around […]

Libya’s sovereign wealth fund

The Libyan Investment Authority (LIA) released detailed figures on its investments in efforts to be transparent. Libya’s sovereign wealth fund, managed by the LIA, was created in 2006 to manage Libya’s oil revenues and there is speculation that the fund will sell off its assets in parts of Africa to help finance Libya’s reconstruction.

AKE Lowers Libya Risk Rating

AKE has lowered the security risk rating for Libya following an improvement in conditions in recently liberated parts of the country. It is now rated at 35 on AKE’s 1-100 scale which is a notable improvement from the ratings of 63 and 64 which the country was assigned between March and October.   However, the rating denotes […]

Foreign Firms Warned in North Africa

Terrorists in North Africa may be preparing for renewed attacks against foreign interests. US officials received intelligence last week suggesting forthcoming attacks in Algeria, while terrorists may have acquired new weaponry during the chaos of the Libyan conflict.   Local sources claim that potential targets include foreign oil firms operating in North Africa and the […]

New Risk Report on Libya

AKE has published a new report outlining security, travel and political risks in Libya. The report is aimed at helping the many companies looking to do business in the country. The situation remains in a state of flux with an uncertain outlook for its security and political risk environment. However, AKE expects conditions to improve […]

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Conditions Improve in Tripoli

The international energy sector may be encouraged to return to Libya sooner rather than later as conditions have improved in the capital. AKE has lowered the security risk rating for Tripoli on its intelligence website Global Intake. It has been revised from 63 (Open Conflict) to 26 (Unstable). This is a considerable jump in AKE’s 1-100 […]