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TO HELP WITH YOUR PLANNING – Holidays and Observances in Libya in 2024

Date   Name     17 Feb Saturday Libyan Revolution Day Public Holiday 11 Mar Monday Ramadan Start (Tentative Date) Observance 20 Mar Wednesday March Equinox Season 10 Apr Wednesday Eid al-Fitr (Tentative Date) Public Holiday 11 Apr Thursday Eid al-Fitr Holiday (Tentative Date) Public Holiday 12 Apr Friday Eid al-Fitr Holiday (Tentative Date Public Holiday 1 May Wednesday May Day Public Holiday 16 Jun Sunday Day of Arafah (Tentative Date) Public Holiday 17 Jun Monday Eid al-Adha (Tentative Date) Public Holiday 18 Jun Tuesday Eid al-Adha Holiday (Tentative Date) Public Holiday 19 Jun Wednesday Eid al-Adha [...]

2023-09-02T13:01:23+02:00September 2, 2023|News|0 Comments

Libya News Round Up 27th August to 02nd September 2023 – COURTESY OF THE LIBYA CONSULTANCY

Dbeibeh lays foundation stone for new 1,320 megawatt plant https://libyaupdate.com/dbeibeh-lays-foundation-stone-for-new-1320-megawatt-plant/ Economy Ministry discussing use of artificial intelligence to transform ideas into products of economic value https://libyaherald.com/2023/08/economy-ministry-discussing-use-of-artificial-intelligence-to-transform-ideas-into-products-of-economic-value/ Israel and Libya foreign ministers discuss 'possibilities of cooperation' https://newsaf.cgtn.com/news/2023-08-28/Israel-Libya-foreign-ministers-discuss-possibilities-of-cooperation--1mCpZZCaQuY/index.html French embassy denies involvement in military operation in Libya https://libyaobserver.ly/inbrief/french-embassy-denies-involvement-military-operation-libya Completion of first phase of development of Libya’s financial laws project https://libyaherald.com/2023/08/completion-of-first-phase-of-development-of-libyas-financial-laws-project/ Sirte Oil Company and German Technology Holding Company to install 1 MW solar system https://libyaherald.com/2023/08/sirte-oil-company-and-german-technology-holding-company-to-install-1-mw-solar-system/ Libya government in crisis after Israel says the countries held ‘historic’ talks  https://www.ft.com/content/87c18a10-0216-4d4c-bd56-8d7923c7a01e Libyan PM sacks foreign minister as row over Israel meeting grows [...]

2023-09-02T10:20:47+02:00September 2, 2023|News|0 Comments

THE BLBA WELCOMES STOCKSIDE AS A VALUED MEMBER

STOCKSIDE are a prominent multi-specialty business company, that brings a wealth of expertise and a comprehensive suite of services tailored to meet the specific needs of industries such as Oil and Gas, Power, Cement, and Steel. As agents and distributors for renowned brands including Shell Lubricants, Ethos Energy, TE Connectivity, Akzo-Nobel (Protective & Marine Coatings), and Aditya Birla, STOCKSIDE has established itself as a trusted provider in the market. Their unwavering mission is to deliver top-quality solutions that empower their customers to achieve their goals, setting them apart as industry leaders. At the BLBA, we are dedicated [...]

2023-08-31T11:57:37+02:00August 31, 2023|News|0 Comments

CREWSHIELD JOINS THE BLBA SUPPORTING CLIENTS RISK MITIGATION STRATEGIES IN LIBYA

Highly acclaimed innovator, Crewshield has officially become a distinguished member of the British Libyan Business Association (BLBA). The specialised provider of physical security systems is best known for its range of innovative protective solutions such as mobile safe haven units, discreet hardened accommodation and modular overhead protection systems. Crewshield is a long standing UK company and has supplied numerous systems to blue chip clients within the region since 2015. The quality and expertise found within their products and services is recognised not solely through their existing client base but also multiple prestigious accolades including The Queen's Award for [...]

2023-08-30T16:45:48+02:00August 30, 2023|News|0 Comments

LIBYA – YOU CATCH MORE BEES WITH HONEY THAN WITH VINEGAR! – Contract dispute… (and before you go down the legal route)

If you are owed money from an international contract in Libya that has stalled or is in a disputed force-majeure situation the following may help. Communication: Begin by reaching out to the other party involved in the contract. Maintain open and respectful communication. Inquire about the status of the payment and any issues that might be causing the delay. Make sure to document all communication, including emails, messages, and phone calls. Do not underestimate the importance of one-to-one communication and personal relationships very often it is having the ability to move your particular case to the top [...]

2023-08-30T09:52:03+02:00August 29, 2023|News|0 Comments

Libya News Round Up 20th to 26th August 2023 – COURTESY OF THE LIBYA CONSULTANCY

Egypt to establish logistic area on its border with Libya to improve bilateral trade https://libyaherald.com/2023/08/egypt-to-establish-logistic-area-on-its-border-with-libya-to-improve-bilateral-trade/ Ministry of Transport reviews sector investment opportunities for Chinese companies https://libyaherald.com/2023/08/ministry-of-transport-reviews-sector-investment-opportunities-for-chinese-companies/ CBL announces that it has returned into a reunified sovereign institution https://libyaherald.com/2023/08/cbl-announces-that-it-has-returned-into-a-reunified-sovereign-institution/ Reuters: Russia told Haftar that Wagner will have new commander in Libya https://libyaobserver.ly/inbrief/reuters-russia-told-haftar-wagner-will-have-new-commander-libya Libya’s LNA launches operations against Chad rebels along border https://www.aljazeera.com/news/2023/8/25/libyas-lna-launches-operations-against-chad-rebels-along-border Ghat-Ubari road project site officially handed over to Egyptian consortium https://libyaherald.com/2023/08/ghat-ubari-road-project-site-officially-handed-over-to-egyptian-consortium/ Russia says some Western countries are trying to take advantage of Libya's crisis https://libyaobserver.ly/news/russia-says-some-western-countries-are-trying-take-advantage-libyas-crisis Former French president Nicolas Sarkozy to stand trial over alleged funding [...]

2023-08-26T09:12:57+02:00August 26, 2023|News|0 Comments

Factsheet providing the latest statistics on trade and investment between the UK and Libya. 18th August 2023

This factsheet provides the latest statistics on trade and investment between the UK and Libya. Date of release: 18 August 2023; Date of next planned release: 21 September 2023 Total trade in goods and services (exports plus imports) between the UK and Libya was £1.4 billion in the four quarters to the end of Q1 2023, a decrease of 9.6% or £143 million in current prices from the four quarters to the end of Q1 2022. Of this £1.4 billion: Total UK exports to Libya amounted to £233 million in the four quarters to the end of [...]

2023-08-20T14:18:58+02:00August 20, 2023|News|0 Comments

Libya News Round Up 06th to 12th August 2023 – COURTESY OF THE LIBYA CONSULTANCY

Minister of Industry and Minerals participates in opening of fifth edition of the Arab Internet of Things and Artificial Intelligence (IoTAI) Challenge https://libyaherald.com/2023/08/minister-of-industry-and-minerals-participates-in-opening-of-fifth-edition-of-the-arab-internet-of-things-and-artificial-intelligence-iotai-challenge/ After a 5-year stoppage, Tobruk airport receives first cargo flight from UAE https://libyaherald.com/2023/08/after-a-5-year-stoppage-tobruk-airport-receives-first-cargo-flight-from-uae/ Libya urges neighbors, ECOWAS to cooperate for Niger's stability https://www.middleeastmonitor.com/20230806-libya-urges-neighbors-ecowas-to-cooperate-for-nigers-stability/ Libya’s High State Council elects new leader as political gridlock deepens https://www.aljazeera.com/news/2023/8/6/libyas-high-state-council-elects-new-leader-as-political-gridlock-deepens Rebuilding Libya: Housing sector struggles to recover after war https://www.dailytelegraph.com.au/news/world/rebuilding-libya-housing-sector-struggles-to-recover-after-war/video/b66a38e3e9c42ac187db42a99a0f2b82 Frozen Libyan funds top discussions of Investment Authority and UN Libya Sanctions Committee https://libyaobserver.ly/economy/frozen-libyan-funds-top-discussions-investment-authority-and-un-libya-sanctions-committee Libya’s revenues exceed $13 billion in seven months – Central Bank https://libyaupdate.com/libyas-revenues-exceed-13-billion-in-seven-months-central-bank/ Algeria’s Sonatrach Resumes [...]

2023-08-13T11:14:19+02:00August 13, 2023|News|0 Comments

LIBYA – TEN STEPS TO HELP PREPARE EFFECTIVELY FOR CONDUCTING BUSINESS – Another article in our series on helping to understand Libya.

THE BLBA HELPING ORGANISATION’S SUCCEED IN LIBYA Ten steps you to prepare effectively: Market Research: Gain a deep understanding of Libya's business landscape, including its economy, industry sectors, competitors, and potential partners. Identify the demand for your products or services and any local regulations that may impact your business. Remember that whilst Libya has changed dramatically since 2011 many of the commercial laws are still relevant and, no matter what you are told, short cuts are risky! Cultural Awareness: Study and respect Libyan culture, customs, and traditions to ensure proper etiquette and build strong relationships. Familiarise yourself [...]

2023-08-10T19:49:51+02:00August 10, 2023|News|0 Comments

Libya News Round Up 30th July to 05th August 2023 – COURTESY OF THE LIBYA CONSULTANCY

State Department: U.S. shares Libya’s concern that events in Niger could destabilize the region https://libyaupdate.com/state-department-u-s-shares-libyas-concern-that-events-in-niger-could-destabilize-the-region/ Libya Asks Russia To Help Get Foreign Troops Out Of Country - Presidential Council Head https://www.urdupoint.com/en/world/libya-asks-russia-to-help-get-foreign-troops-1730826.html Italian security delegation in Tripoli to discuss immigration file https://libyaobserver.ly/inbrief/italian-security-delegation-tripoli-discuss-immigration-file 6th Libya Construction Expo 2023 will be held in Tripoli from 27 to 30 November – co-locating three new events https://libyaherald.com/2023/07/6th-libya-construction-expo-2023-will-be-held-in-tripoli-from-23-to-30-november-co-locating-three-new-events/ Putin says Russia wrote off $23B in African debt https://tribune.com.pk/story/2428337/putin-says-russia-wrote-off-23b-in-african-debt Wagner chief Prigozhin reveals future plans in chilling new interview https://www.express.co.uk/news/world/1796539/wagner-group-Yevgeny-Prigozhin-interview-africa-car-mali Newly reconciled, Turkey and Egypt could be a force for stability in Africa https://www.rfi.fr/en/podcasts/international-report/20230729-turkey-egypt-diplomatic-relations-libya-ethiopia [...]

2023-08-06T21:25:32+02:00August 6, 2023|News|0 Comments