Top 10 countries in Africa that exported the largest volumes of natural resources in 2022 and the wealth generated – LIBYA AT No.5

Libya, at Number 5, generated $27.3 billion, The capability to change Libya for the better is huge COUNTRY PREDOMINANT RESOURCES ANNUAL MINERAL PRODUCTION 1. South Africa Gold, Manganese, Platinum, others $124.96 billion 2. Nigeria Oil, Iron Ore, Columbite, others $52.69 billion 3. Algeria Hydrocarbons $38.70 billion 4. Angola Diamond, Gold, Oil, others $32.04 billion 5. LIBYA OIL, CLAY, CEMENT, SALT, OTHERS $27.03 BILLION 6. Egypt Gold, Copper, Silver, others $23.22 billion 7. Ghana Gold, Limestone, Iron Ore, others $14.97 billion 8. DRC Gold, Copper, Cobalt, others $13.69 billion 9. Gabon Manganese, Iron Ore, Uranium, others $10.92 billion [...]

2023-05-26T14:40:03+02:00May 26, 2023|News|0 Comments

ARE YOU AN OIL/GAS COMPANY OR SUBSIDIARY OPERATING IN LIBYA? – DRILLING SYSTEMS joins The BRITISH LIBYAN BUSINESS ASSOCIATION

ATTENTION ALL OIL COMPANIES AND SUBSIDIARIES IN LIBYA   DRILLING SYSTEMS bring expertise and innovation that promises to help define and support the future of oil exploration and production in Libya. Join us in celebrating this occasion as DRILLING SYSTEMS help pave the way towards a prosperous future through working in synergy with the Libyan Oil and gas sector. DRILLING SYSTEMS Put simply, simulation is the most effective way to learn. Drilling Systems’ advanced simulators provide realistic and immersive learning environments that emulate drilling, well control, well intervention and crane operations in real-time. Personnel are given the opportunity [...]

2023-05-25T17:31:15+02:00May 25, 2023|News|1 Comment

News Round Up 14th to 20th May 2023 – COURTESY OF THE LIBYA CONSULTANCY

Libyan-Tunisian agreement allowing Tunisian doctors to practice in Libya https://libyaherald.com/2023/05/libyan-tunisian-agreement-allowing-tunisian-doctors-to-practice-in-libya/ NESDB discusses food security and social protection with World Food Programme https://libyaherald.com/2023/05/nesdb-discusses-food-security-and-social-protection-with-world-food-programme/ NOC Chair announces completion of Ras Lanuf Industrial Complex maintenance https://libyaupdate.com/noc-chair-announces-completion-of-ras-lanuf-industrial-complex-maintenance/ Oil prices fall for third consecutive week https://libyaupdate.com/oil-prices-fall-for-third-consecutive-week/ Frontex Boss Says Med Migrant Crossings At Record Level https://www.barrons.com/news/frontex-boss-says-med-migrant-crossings-at-record-level-908899ff Structures A and E Gas Fields Development, Libya https://www.offshore-technology.com/projects/structures-a-and-e-gas-fields-development-libya/ Qatar and Libya discuss ties amid international push for elections in Tripoli https://dohanews.co/qatar-and-libya-discuss-ties-amid-international-push-for-elections-in-tripoli/ The Italian ambassador to Libya is discussing with the municipality of Benghazi the reconstruction and stability efforts in the city. https://lana.gov.ly/post.php?id=278275&lang=en Tripoli Libyan government [...]

2023-05-20T12:34:31+02:00May 20, 2023|News|0 Comments

SOME OF THE UPCOMING FAIR’S AND EXHIBITIONS BEING HELD IN LIBYA

(This list will be updated regularly) All dates and timings subject to change please refer to the exhibition website for full details   MAY LIBYA TRANSPORT AND LOGISTICS EXPO 2023 https://libyaherald.com/2023/04/libya-transport-and-logistics-expo-2023-misrata-29-to-31-may/ 13TH LIBYA BUILD EXHIBITION https://libyaherald.com/2023/05/13th-libya-build-exhibition-will-be-held-from-22-to-25-may-in-tripoli/   JUNE THE LIBYAN INTERNATIONAL OPHTHALMOLOGY CONFERENCE: TRIPOLI https://libyaherald.com/2023/05/the-libyan-international-ophthalmology-conference-tripoli-15-to-17-june/ THE 15TH LIBYA INTERNATIONAL HEALTHCARE AND MEDICAL FORUM AND EXHIBITION https://libyanevents.ly/event/3535/ THE INTERNATIONAL SHIPPING AND DELIVERY SERVICES EXHIBITION https://shippex.ly LIBYA DEFENCE TECHNOLOGY EXHIBITION AND MILITARY EQUIPMENT https://libyadefenceexpo.com   JULY TRIPOLI INTERNATIONAL FAIR FOR AGRICULTURAL AND ANIMAL DEVELOPMENT: TRIPOLI https://libyaherald.com/2023/05/tripoli-international-fair-for-agricultural-and-animal-development-tripoli-3-to-6-july/   AUGUST LIBYA RECONSTRUCTION EXHIBITION 2023 https://libyanevents.ly/event/4125/   SEPTEMBER LIBYA INTERNATIONAL EXHIBITION FOR [...]

2023-05-20T10:50:12+02:00May 20, 2023|News|0 Comments

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

This factsheet provides the latest statistics on trade and investment between the UK and Libya. Total trade in goods and services (exports plus imports) between the UK and Libya was £1.5 billion in the four quarters to the end of Q4 2022, an increase of 15.5% or £207 million in current prices from the four quarters to the end of Q4 2021. Of this £1.5 billion: Total UK exports to Libya amounted to £219 million in the four quarters to the end of Q4 2022 (an increase of 14.7% or £28 million in current prices, compared to [...]

2023-05-18T11:40:50+02:00May 18, 2023|News|0 Comments

British Libyan Business Association Strengthens Ties with Libyan Business Persons Council

Tripoli, Libya, May 15, 2023 – The British Libyan Business Association (BLBA) is delighted to announce a productive meeting with the Libyan Business Persons Council in Tripoli on Monday, May 15th. This encounter marked a significant milestone in fostering bilateral relations between the two entities. During the meeting, the BLBA and the Libyan Business Persons Council engaged in constructive discussions regarding the participation of private enterprises in Libya's major projects, which aim to enhance Libyan society and foster economic growth. The exchange of ideas was invigorating, showcasing the dedication and strategic vision of Libyan business leaders across [...]

2023-05-16T20:37:35+02:00May 16, 2023|News|0 Comments

News Round Up 07th to 13th May 2023 – COURTESY OF THE LIBYA CONSULTANCY

Libyan Army led by General Haftar is the only way for Rome to control the migration crisis, says security expert https://libyaupdate.com/libyan-army-led-by-general-haftar-is-the-only-way-for-rome-to-control-the-migration-crisis-says-security-expert/ The Libyan state and private sector participate in Houston’s Offshore Technology Conference https://libyaherald.com/2023/05/the-libyan-state-and-private-sector-participate-in-houstons-offshore-technology-conference/ Italian embassy concert wows guests – stresses trans-Mediterranean commonalities https://libyaherald.com/2023/05/italian-embassy-concert-wows-guests-stresses-trans-mediterranean-commonalities/ The second Libya Aviation Forum and Expo will be held in Tripoli from 6 to 8 November https://libyaherald.com/tag/libya-aviation-forum-and-expo-2023/ NOC, GNU heads discuss Libyan oil sector development plan for 2023 https://libyaupdate.com/noc-gnu-heads-discuss-libyan-oil-sector-development-plan-for-2023/ America Confirms Its Commitment To Support Libya In Resisting “External Interference” https://globeecho.com/news/middle-east/america-confirms-its-commitment-to-support-libya-in-resisting-external-interference/ US sponsors counter-terrorism training in Libya https://libyaupdate.com/us-sponsors-counter-terrorism-training-in-libya/ 49th Tripoli International Fair [...]

2023-05-15T20:28:05+02:00May 14, 2023|News|0 Comments

Two short news stories highlighting SIGNIFICANT UK commercial advancements in Libya, both have occurred in the last week.

LIBYA IRON AND STEEL INDUSTRY COMMITTED TO COLLABORATING WITH UK COMPANIES ACROSS MULTIPLE AREAS  Tripoli, Libya - In a bid to strengthen commercial ties and promote international collaboration, the Libya Iron and Steel Industry has announced its commitment to working with British companies across several fronts. The partnership aims to benefit both parties, with the Libyan company seeking to leverage the expertise of UK firms in areas such as automation, production capacity maximisation, implementation of new technology, design, cost efficiency, and reductions. As part of the partnership, LISCO will explore how UK companies can provide capacity building [...]

2023-05-13T16:05:40+02:00May 13, 2023|News|0 Comments

PART EIGHT – Forming a Company in Libya

LIBYA HAS STRICT RULES OPN FOREIGN ENGAGEMENT AND COMPANY FORMATION WHILST THIS BRIEF DOCUMENT GIVES AN INSIGHT IT BY NO MEANS SHOULD BE CONSIDERED A COMPREHENSIVE OR ANALYTICAL DOCUMENT   PLEASE CONTACT THE BRITISH LIBYAN BUSINESS ASSOCIATION IF YOU REQUIRE FURTHER INFORMATION OR ASSISTANCE TO HELP GUIDE YOU IN DEVELOPING OPPORTUNITIES AND COMMERCIAL ACTIVITIES IN LIBYA.    FORMING A COMPANY Forming a company in Libya involves several steps and procedures. It is important when considering this option to consult with a legal professional or business advisor in Libya who can guide you through the specific requirements and [...]

2023-05-13T15:16:32+02:00May 13, 2023|News|0 Comments