Great thanks to the business leaders, elders and local politicians in AZ-ZAWIYA. What an incredibly interesting visit to the city. Clearly as with most cities in Libya there is a real desire to engage with British business and enterprise for the betterment of local industry and the populace. We hope to visit the city again very shortly when we can expand on the recent conversations and help to determine strategies and prospects that British enterprise could potentially be involved in.  “2023 will be devoted to quality, intensifying our support to BLBA members and enhancing our business triangulation [...]

LIBYA: NEW INTERNATIONAL STRATEGIES TO INCREASE OIL PRODUCTION AND RESTORE STABILITY HTTPS://EN.MINBARLIBYA.ORG/2023/01/14/LIBYA-NEW-INTERNATIONAL-STRATEGIES-TO-INCREASE-OIL-PRODUCTION-AND-RESTORE-STABILITY/   LIBYAN COURT SUSPENDS ENERGY DEAL WITH TURKEY HTTPS://WWW.REUTERS.COM/BUSINESS/ENERGY/LIBYAN-COURT-SUSPENDS-ENERGY-DEAL-WITH-TURKEY-2023-01-10/   ITALIAN PM TO VISIT LIBYA SOON HTTPS://LIBYAOBSERVER.LY/INBRIEF/ITALIAN-PM-VISIT-LIBYA-SOON   LIBYAN POLITICIANS’ PAY GOES UP 40% AS ELECTION IMPASSE CONTINUES HTTPS://EN.MINBARLIBYA.ORG/2023/01/14/LIBYAN-POLITICIANS-PAY-GOES-UP-40-AS-ELECTION-IMPASSE-CONTINUES/   MINISTER OF LABOR DISCUSSES WITH THE GERMAN AMBASSADOR TO LIBYA ASPECTS OF COOPERATION BETWEEN THE TWO COUNTRIES HTTPS://LANA.GOV.LY/POST.PHP?ID=267460&LANG=EN   MOROCCO, LIBYA DISCUSS COOPERATION IN FIGHTING FINANCIAL CRIMES HTTPS://NORTHAFRICAPOST.COM/64377-MOROCCO-LIBYA-DISCUSS-COOPERATION-IN-FIGHTING-FINANCIAL-CRIMES.HTML   AL-HUWAIJ DISCUSSES SETTING UP MECHANISM FOR FINANCING MICRO-ENTERPRISES HTTPS://LIBYAOBSERVER.LY/INBRIEF/AL-HUWAIJ-DISCUSSES-SETTING-MECHANISM-FINANCING-MICRO-ENTERPRISES   GECOL SENDS ELECTRONICAL EQUIPMENT TO US GE FACTORIES FOR REHABILITATION HTTPS://LIBYAOBSERVER.LY/INBRIEF/GECOL-SENDS-ELECTRONICAL-EQUIPMENT-US-GE-FACTORIES-REHABILITATION   THE BANKING, INSURANCE AND [...]

It was a great honour today to meet with Mr Mohammed Al-Hawij and learn of his viewpoint with regard to the economic future of Libya and the ways that United Kingdom trade and industry can best engage in economic support. During the conversation it became very clear that the ministry, and indeed the country, welcomes UK engagement. The BLBA looks forward to being a major facilitator and conduit to this vision. “2023 will be devoted to quality, intensifying our support to BLBA members and enhancing our business triangulation ecosystem. “

To meet the ever evolving requirements of its British and Libyan membership the BLBA is pleased to announce its cooperation with the West London Chamber of Commerce to facilitate commercial enterprise between Libyan and British businesses. This association further strengthens and triangulates commercial endeavours by creating an enlarged business networking community in line with the existing relationship with the Tripoli Chamber of Commerce, Industry and Agriculture. 2023 looks set to become a successful year for cooperation between our two countries. Projects are already developing within the capacity building sector but more specifically within education, agriculture and food [...]

NORTH AFRICA: INSTABILITY FUELS NORTH AFRICA'S ILLEGAL TOBACCO TRADE HTTPS://ALLAFRICA.COM/STORIES/202301060005.HTML   LIBYA RIVALS AGREE TO PURSUE 'CONSTITUTIONAL BASE' FOR SETTLEMENT HTTPS://WWW.AL-MONITOR.COM/ORIGINALS/2023/01/LIBYA-RIVALS-AGREE-PURSUE-CONSTITUTIONAL-BASE-SETTLEMENT   US OFFICIALS ASSURE MINISTER OF OIL THAT US ADMINISTRATION DOES NOT OBJECT TO PROVIDING TECHNICAL AND PRACTICAL ASSISTANCE HTTPS://LANA.GOV.LY/POST.PHP?LANG=EN&ID=266611   LIBYAN LEADERS HOLD TALKS IN EGYPT, AFFIRM TO ANNOUNCE PEACE ROADMAP SOON HTTPS://WWW.AA.COM.TR/EN/AFRICA/LIBYAN-LEADERS-HOLD-TALKS-IN-EGYPT-AFFIRM-TO-ANNOUNCE-PEACE-ROADMAP-SOON/2780523   AFTER CBL'S REPORT, LIBYAN PM DBEIBAH URGES MINISTRIES TO PUBLISH THEIR SPENDING DATA HTTPS://LIBYAOBSERVER.LY/NEWS/AFTER-CBLS-REPORT-LIBYAN-PM-DBEIBAH-URGES-MINISTRIES-PUBLISH-THEIR-SPENDING-DATA   LIBYA’S OIL PRODUCTION CAPACITY WON’T EXCEED 1.8 MILLION BPD BY 2024 HTTPS://OILPRICE.COM/ENERGY/ENERGY-GENERAL/LIBYAS-OIL-PRODUCTION-CAPACITY-WONT-EXCEED-18-MILLION-BPD-BY-2024.HTML   LIBYA’S 2022 PUBLIC REVENUE IS $28 BILLION, SPENDING $26.8 – CBL HTTPS://LIBYAUPDATE.COM/LIBYAS-2022-PUBLIC-REVENUE-IS-28-BILLION-SPENDING-26-8-CBL/   [...]

Visa requirements Application form A valid passport Visa fee paid in advance transfer to Libyan Embassy London account number 00101469 sort code 23-47-12 It is recommended that the fee is paid whilst you are in attendance at the Visa office Two recent passport photos Visa reference number (from Libya) Letter from employer   Fee’s Single entry business Visa - £200.00 Single entry visit Visa - £200.00 Joining spouse or family - £500.00 Extension of re-entry and exit visa - £100.00 Multiple entry Visa three months - £300.00 Multiple entry Visa six months - £500.00 Work Visa - [...]

It is said that all start-ups require three key things Great vision. Great financial management. Great people. After several engagements with new start ups and young Libyan and British entrepreneurs, we have taken notice of your comments.  We are pleased to announce that there is a new membership category for the BLBA that supports enterprise, endeavour and enthusiasm.  The new ‘start-up’ membership category gives you the same benefits as corporate membership but at a substantially reduced cost for one year helping you network and communicate your vision for success.  We hope that this new category helps you [...]

TRIPOLI CHAMBER TO LEAD BUSINESS DELEGATION TO OMAN CHAMBER IN FEBRUARY 2023 HTTPS://WWW.LIBYAHERALD.COM/2022/12/TRIPOLI-CHAMBER-TO-LEAD-BUSINESS-DELEGATION-TO-OMAN-CHAMBER-IN-FEBRUARY-2023/   ASSOCIATION OF MEDITERRANEAN CHAMBERS OF COMMERCE AND INDUSTRY (ASCAME) TO HOLD MEETING IN TRIPOLI IN MAY 2023 HTTPS://WWW.LIBYAHERALD.COM/2022/12/ASSOCIATION-OF-MEDITERRANEAN-CHAMBERS-OF-COMMERCE-AND-INDUSTRY-ASCAME-TO-HOLD-MEETING-IN-TRIPOLI-IN-MAY-2023/   LIBYA'S ECONOMY MINISTER URGES INDONESIA TO OPEN BENGHAZI CONSULATE HTTPS://LIBYAOBSERVER.LY/ECONOMY/LIBYAS-ECONOMY-MINISTER-URGES-INDONESIA-OPEN-BENGHAZI-CONSULATE   CPAT ANNOUNCES NEW CONTRACT WITH LIBYA-BASED CROWN AIRLINES HTTPS://LIBYAUPDATE.COM/CPAT-ANNOUNCES-NEW-CONTRACT-WITH-LIBYA-BASED-CROWN-AIRLINES/   NIGERIA, LIBYA, DRC… TOP ELECTIONS TO WATCH IN AFRICA IN 2023 HTTPS://WWW.THEAFRICAREPORT.COM/270968/NIGERIA-LIBYA-DRC-TOP-ELECTIONS-TO-WATCH-IN-AFRICA-IN-2023/   PUTIN APPOINTS NEW RUSSIAN AMBASSADOR TO LIBYA HTTPS://SEE.NEWS/PUTIN-APPOINTS-NEW-RUSSIAN-AMBASSADOR-TO-LIBYA   THE MOST CONTROVERSIAL EVENTS THAT ROCKED AFRICA’S BUSINESS SPACE IN 2022 HTTPS://VENTURESAFRICA.COM/THE-MOST-CONTROVERSIAL-EVENTS-THAT-ROCKED-AFRICAS-BUSINESS-SPACE-IN-2022/   CABINET APPROVES BANGLADESH-LIBYA MOU OVER SENDING WORKERS TO [...]

2023

he banking sector is considered one of the most important basic sectors in any economy , not only for its role in international and domestic mobilization , foreign savings and financing investment , which represents economic activity , but because it represents the most important link with the outside world local and foreign. If the banking sector is one of the most important economic sectors , then the central bank represents the main axis of this sector, because of its role in managing monetary and banking policy maintaining financial stability and making economic growth continuous and active. [...]