A topic for debate... Libya occupies a unique geographical position that offers significant potential to become a major player in global supply chains. As a country on the southern Mediterranean coast, Libya serves as a natural bridge between Europe, Africa, and the Middle East. This makes it an ideal hub for countries seeking to expand their trade networks, particularly with Africa’s emerging markets. However, despite this immense potential, Libya’s political strife, outdated infrastructure, and complex geopolitical dynamics present significant obstacles. So, what opportunities does Libya present? What challenges does it face? And how can it unlock its [...]

In recent years, China has gradually re-established its presence in Libya, advancing its influence through a combination of strategic investments in infrastructure, energy, and reconstruction projects. This slow but steady commercial expansion is not only critical to Libya’s recovery but also reflects China’s broader global ambitions, especially through the Belt and Road Initiative. By focusing on key sectors such as infrastructure development and oil, China is positioning itself as a dominant player in Libya’s economic recovery while securing its own long-term interests. RE-ENGAGEMENT AFTER CONFLICT: A Thoughtful Approach Following years of political instability and civil war, many [...]

"TWO YEARS AND ONE MONTH" or “TWO EARS AND ONE MOUTH” PATIENCE IN LISTENING AND BUSINESS DEVELOPMENT In Libyan business culture, time is often perceived differently than in the West. Deals and partnerships may take years to solidify as trust builds gradually over time. The concept of "two years and one month" represents this extended timeline, in which building trust and fostering relationships may take significantly longer than the West typically anticipates. The "two years" symbolises the long-term relationship-building phase, while "one month" represents the formal business negotiations that may follow once trust is established. Western companies, [...]

  Job Profiles for both positions as below;   Job Title: Project Coordinator – Electricity and Power Generation Sector Location: Tripoli, Libya Job Summary: We are seeking a bilingual (English and Arabic) Project Coordinator with a solid background in the electricity and power generation sector. The successful candidate will possess extensive knowledge of production methods, distribution systems, and the related infrastructure supporting power generation. This individual will engage with industry contacts, advance existing and new projects through the Libyan regulatory processes, and identify new business opportunities within the sector.   Key Responsibilities: Engage with stakeholders in the [...]

Conference on improving the investment environment in Libya – Benghazi 5 to 6 October https://libyaherald.com/2024/06/conference-on-improving-the-investment-environment-in-libya-benghazi-5-to-6-october/ WB: Oil companies continue to flare natural gas in order to increase production https://libyaobserver.ly/inbrief/wb-oil-companies-continue-flare-natural-gas-order-increase-production European Commission keeps Libyan airliners blacklisted https://libyaobserver.ly/inbrief/european-commission-keeps-libyan-airliners-blacklisted Central Bank facing tough times as money laundering report looms https://www.africaintelligence.com/north-africa/2024/06/24/central-bank-facing-tough-times-as-money-laundering-report-looms,110250796-eve Dbeibeh calls for improved electricity network in Benghazi and South https://libyaobserver.ly/news/dbeibeh-calls-improved-electricity-network-benghazi-and-south Leading Chinese companies in the fields of economy and investment express their willingness to implement infrastructure and industrial projects in Libya. https://lana.gov.ly/post.php?lang=en&id=309775 Libyan companies participate in 9th edition of PetroAfrica Expo https://libyaobserver.ly/economy/libyan-companies-participate-9th-edition-petroafrica-expo Waha Oil Company enhances technical capabilities in [...]

NOC to drill 121 new oil and gas wells and maintain 1,335 existing wells in 2024 https://libyaherald.com/2024/06/noc-to-drill-121-new-oil-and-gas-wells-and-maintain-1335-existing-wells-in-2024/ Security Council Adopts Change in Structure for UN Libya Mission https://english.aawsat.com/home/article/2510966/security-council-adopts-change-structure-un-libya-mission Libyan Post signs deal with Italian counterpart to modernize services https://libyaobserver.ly/news/libyan-post-signs-deal-italian-counterpart-modernize-services Libya aims to produce 2 million barrels of oil per day by 2025 https://www.agenzianova.com/en/news/la-libia-punta-a-produrre-2-milioni-di-barili-di-petrolio-al-giorno-entro-il-2025/ Kremlin Cultivates Libyan Warlord for Naval Base in Tobruk and New Front in Migrant War on the West https://www.nysun.com/article/kremlin-cultivates-libyan-warlord-for-naval-base-in-tobruk-and-new-front-in-migrant-war-on-the-west Russian oil firm Taftnet reportedly secures deal to build refinery in Libya https://www.intellinews.com/russian-oil-firm-taftnet-reportedly-secures-deal-to-build-refinery-in-libya-328451/ Egypt to begin setting up Taba seaport within FY2024/25 https://www.zawya.com/en/business/transport-and-logistics/egypt-to-begin-setting-up-taba-seaport-within-fy2024-25-vsrjjcau The Libyan [...]

UNDP: 95% of Libya classified as desert or semi-desert https://libyaobserver.ly/inbrief/undp-95-libya-classified-desert-or-semi-desert REAoL meets British embassy to discuss increased cooperation in the field https://libyaherald.com/2024/06/reaol-meets-british-embassy-to-discuss-increased-cooperation-in-the-field/ Tripoli based Oil and Gas Ministry calls on British Foreign Office to provide more details on allegation of corruption in Libya’s oil sector https://libyaherald.com/2024/06/tripoli-based-oil-and-gas-ministry-calls-on-british-foreign-office-to-provide-more-details-on-allegation-of-corruption-in-libyas-oil-sector/ Court convicts Libya’s former ambassador to Belgium to 7 years imprisonment for embezzlement https://libyaherald.com/2024/06/court-convicts-libyas-former-ambassador-to-belgium-to-7-years-imprisonment-for-embezzlement/ HIB discusses implementation of 16 drinking water purification plants with Britain’s Metito https://libyaherald.com/2024/06/hib-discusses-implementation-of-16-drinking-water-purification-plants-with-britains-metito/ French ambassador Mihraje leads delegation of companies to Benghazi and Derna https://libyaherald.com/2024/06/french-ambassador-mihraje-leads-delegation-of-companies-to-benghazi-and-derna/ Warsaw eyes Libyan hydrocarbons https://www.africaintelligence.com/north-africa/2024/06/06/warsaw-eyes-libyan-hydrocarbons,110244774-bre New private bank opens in Tripoli: The [...]

Airports Authority prepares oil field airports to use as civilian airports https://libyaobserver.ly/inbrief/airports-authority-prepares-oil-field-airports-use-civilian-airports U.S. oil & gas trade mission to visit Tripoli from 2 to 3 July: AmCham Libya https://libyaherald.com/2024/05/u-s-oil-gas-trade-mission-to-visit-tripoli-from-2-to-3-july-amcham-libya/ Medco sells stake in Libyan oil project to local energy firm https://www.thejakartapost.com/business/2024/05/29/medco-sells-stake-in-libyan-oil-project-to-local-energy-firm.html Audit Bureau prepares to issue its annual report for 2023 https://libyaobserver.ly/inbrief/audit-bureau-prepares-issue-its-annual-report-2023 Mellitah Oil and Gas Company drills new well in El Feel field https://libyaobserver.ly/inbrief/mellitah-oil-and-gas-company-drills-new-well-el-feel-field PM outlines risks facing Libyan Investments in Africa https://libyaobserver.ly/news/pm-outlines-risks-facing-libyan-investments-africa India-Libya Energy Talks: Both Countries Aim to Revitalize Energy Sector Cooperation https://www.newsonair.gov.in/india-libya-energy-talks-both-countries-aim-to-revitalize-energy-sector-cooperation/ Al-Hweij Monitors Activities Of Libyan Companies Operating In China https://libyaninvestment.com/al-hweij-monitors-activities-of-libyan-companies-operating-in-china/ Dbeibah [...]

The British Libyan Business Association were honoured to visit the city of Zlieten in conjunction with Concrete Canvas Ltd and Alhatia Company for Engineering and Construction to explore how this ground breaking and innovative product could be of assistance with regards to several projects under development in the city. The hospitality of the municipality and the many dignitaries that we met once again demonstrated the vitality and hospitality of the Libyan people. We look forward to visiting again in the very near future to further explore the solutions that we can work on providing.

Libyan delegation participates in African-American maritime forces summit https://libyaupdate.com/libyan-delegation-participates-in-african-american-maritime-forces-summit/ Turkish STFA’s second batch of dredging equipment for Benghazi Free Port arrives https://libyaherald.com/2024/05/turkish-stfas-second-batch-of-dredging-equipment-for-benghazi-free-port-arrives/ Ghadames to receive new water pipeline, reservoir https://libyaobserver.ly/inbrief/ghadames-receive-new-water-pipeline-reservoir Restarting of 9 AGOCO closed wells add 4,000 barrels per day to production: NOC https://libyaherald.com/2024/05/restarting-of-9-agoco-closed-wells-add-4000-barrels-per-day-to-production-noc/ Libya: Presidential Council calls on Russia to play a ‘positive and constructive role’ https://www.middleeastmonitor.com/20240514-libya-presidential-council-calls-on-russia-to-play-a-positive-and-constructive-role/ NOC signs agreement to drill 17 water wells in several areas https://libyaobserver.ly/inbrief/noc-signs-agreement-drill-17-water-wells-several-areas Misrata Airport Customs heads detained for over 25 kg gold bullion smuggling https://libyaherald.com/2024/05/misrata-airport-customs-heads-detained-for-over-25-kg-gold-bullion-smuggling/ In Libya, One Person’s Garbage Is Another Person’s Gain https://goodmenproject.com/featured-content/in-libya-one-persons-garbage-is-another-persons-gain/ Libya Encourages Russia [...]