Hugely productive first day of engagement with the business community in Misrata where the BLBA continues to build the framework for British and Libyan engagement. Al-Naseem For Food Industries – very constructive meeting with the biggest producer of dairy products in Libya, the conversation covered many topics where British Expertise could be of great assistance, these included Banking sector reforms to assist commercial operators. Capacity building and certification within food testing and legislation to facilitate export Engagement with the financial sector to reduce costs in sectors such as insurance, Power systems to facilitate the continuity of production [...]

Whilst continuing the strategy of building a strong framework of commercial partners in Libya the BLBA met today with Mr Mohamed RAIED, Chairman of the General Libyan Union of Chambers and his colleagues for very productive discussions on the value of UK and Libyan commercial engagement. These discussions deliver intrinsic value to the future prospects of United Kingdom companies coming to Libya and Libyan companies wishing to visit the UK, they allow the identification of potential sectors for engagement as well as routes to markets and the resolution of many obstacles to success. Whilst this network continues [...]

LIBYA OIL REVENUES AT 9-YEAR HIGH HTTPS://WWW.MEES.COM/2023/1/13/ECONOMICS-FINANCE/LIBYA-OIL-REVENUES-AT-9-YEAR-HIGH/1D3B9460-934C-11ED-8CE4-E5468305E94D   LIBYA'S OIL MINISTER: WE HAVE ENOUGH SOLAR POWER TO EXPORT ELECTRICITY HTTPS://LIBYAOBSERVER.LY/ECONOMY/LIBYAS-OIL-MINISTER-WE-HAVE-ENOUGH-SOLAR-POWER-EXPORT-ELECTRICITY   AL-MISHRI DISCUSSES WITH THE ALGERIAN AMBASSADOR BILATERAL RELATIONS AND STEPS RELATED TO THE ACHIEVEMENT OF THE CONSTITUTIONAL BASIS HTTPS://LANA.GOV.LY/POST.PHP?ID=267507&LANG=EN   FRENCH AMBASSADOR: FRANCE SUPPORTS CONSENSUS ON ELECTORAL LEGISLATIONS HTTPS://LIBYAOBSERVER.LY/INBRIEF/FRENCH-AMBASSADOR-FRANCE-SUPPORTS-CONSENSUS-ELECTORAL-LEGISLATIONS   LIBYA COMES THIRD IN AFRICA IN IMPORTING TURKISH PRODUCTS HTTPS://LIBYAOBSERVER.LY/INBRIEF/LIBYA-COMES-THIRD-AFRICA-IMPORTING-TURKISH-PRODUCTS   LIBYAN OIL AND GAS MINISTER HIGHLIGHTS COUNTRY'S CONTRIBUTION TO EASING GLOBAL ENERGY CRISIS HTTPS://WWW.PANAPRESS.COM/LIBYAN-OIL-AND-GAS-MINISTER-HIGH-A_630738360-LANG2-FREE_NEWS.HTML   LIBYAN 5+5 JOINT MILITARY COMMITTEE CONVENES FOR FIRST TIME IN 7 MONTHS HTTPS://WWW.AA.COM.TR/EN/AFRICA/LIBYAN-5-5-JOINT-MILITARY-COMMITTEE-CONVENES-FOR-FIRST-TIME-IN-7-MONTHS/2788474   DOZENS OF LIBYAN MANUFACTURERS WILL PARTICIPATE [...]

It was a great pleasure today to exchange ideas and viewpoints with former prime minister Mr Ahmed Maiteeq about UK and Libyan engagement. The British Libyan Business Association continues to reach out to gain a full understanding of the opportunities for engagement between British and Libyan entities and how best to work together for the betterment of both countries.

The British Libyan Business Association is proud to welcome BancTrust to the Association. BancTrust brings a unique and much needed service to the financial sector in Libya. Welcome  BancTrust is a London headquartered investment bank authorised and regulated by the Financial Conduct Authority in the United Kingdom. BancTrust & Co. offers corporate and investment banking, securities dealing and financing, as well as investment research products and services to a diversified client base. Our aim is to provide in-depth local market research and expertise to international institutional investors, as well as international insight and skillset to emerging markets- [...]

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/   [...]