Another significant company joins the BLBA underpinning the continued economic engagement between Libya and the United Kingdom and with the recent requirements for improved energy efficiency it offers a turnkey solution for the management and improvement of cooling systems The Minister of Economy and Trade recently implemented regulations in Libya ensuring all imported, new air conditioning units must contain INVERTER technology. Utilising this latest INVERTER technology to run units on DC can reduce energy demand by 40%. However, these units, and existing units, still need protection to prevent their degeneration over time. Over time the salty, sea [...]

LIBYAN VISA PROCESS STEP ONE - OBTAIN A VISA REFERENCE NUMBER FROM A SPONSOR Obtain a letter of invite from your sponsor originator which should include a reference number, this number will be shared with the UK Libyan embassy or consulate. The sponsor will usually require a copy of your passport, the date and reason for your visit Ensure you tell your sponsor that you will be collecting the visa from the consulate section of the Embassy in London Sponsors can include trade organisations, the company or organisation you are meeting or commercial partners based in Libya. [...]

Since the launch of the Association by the British Ambassador on the 9th November 2022, the association has made significant progress in developing UK/Libyan commercial engagement. In just five weeks, the association has engaged with ten new members, with a further twenty one progressing through the application system; WHY? Because the BLBA is a trade association supported by UK Government that is continually on the ground in Libya, delivering tangible projects and progression for our members. An example of this recognition is the recent signing of a Memorandum of Understanding with the Tripoli Chamber of Commerce, Industry [...]

Since its establishment by Dr. Mohamed A. Tumi in 1990, Tumi Law Firm has solidified its position as the leading legal service provider in Libya. Today, the corporate firm is the largest in Libya, having built a reputation for excellence recognized on local and international levels. This reputation stems from the boutique-sized team’s commitment and dedication to delivering steadfast support to clients to successfully set up, conduct their business and resolve disputes in Libya – all in accordance with international standards and amid a fluctuating political climate. Such achievement has been made possible through the firm’s retainment [...]

AN OVERVIEW OF THE CODE OF CONDUCT One of the most prominent commercial law developments that Libya has witnessed recently is the issuance of a code of conduct related to corporate governance. Decree No 494 on Approving the Code of Conduct (“Decree”) became binding on both commercial entities and their employees in May 2022. This article will explain how the Decree applies to each of commercial entities and their employees and provide examples of the extensive obligations imposed. APPLICATION TO COMMERCIAL ENTITIES The Decree applies to all types of companies governed by Law 23 of 2010 regarding [...]

MAJORITY OF INTERNATIONAL COMMUNITY SUPPORTS A LIBYAN-LED SOLUTION, NORLAND SAYS https://libyaobserver.ly/inbrief/majority-international-community-supports-libyan-led-solution-norland-says TRIPOLI CHAMBER DISCUSSING LEADING DELEGATION TO WOC SHOW IN LAS VEGAS, USA IN JANUARY https://www.libyaherald.com/2022/12/tripoli-chamber-to-lead-exhibition-to-woc-show-in-las-vegas-usa-in-january/ NOC: LIBYA’S OIL PRODUCTION EXCEEDED 1.2 MILLION BPD https://libyaupdate.com/noc-libyas-oil-production-exceeded-1-2-million-bpd/ CBL GOVERNOR, PARLIAMENT MEMBERS DISCUSS PUBLIC SPENDING AND 2023 BUDGET https://libyaupdate.com/cbl-governor-parliament-members-discuss-public-spending-and-2023-budget/ BUSINESS TECHNOLOGY BANKING FORUM HELD IN TRIPOLI https://en.libyan-cna.net/economics-and-business/business-technology-banking-forum-held-in-tripoli/ LIBYA REAFFIRMS SUPPORT FOR ITALIAN INITIATIVE CONCERNING ENERGY AND AGRICULTURE https://libyaobserver.ly/news/libya-reaffirms-support-italian-initiative-concerning-energy-and-agriculture TRIPOLI CHAMBER OF COMMERCE SIGNS MOU WITH BRITISH LIBYAN BUSINESS ASSOCIATION https://www.libyaherald.com/2022/12/tripoli-chamber-of-commerce-signs-mou-with-british-libyan-business-association/ LIBYA'S GNU SAYS IT LIFTED FORCE MAJEURE FOR OIL & GAS EXPLORATION https://www.marketscreener.com/news/latest/Libya-s-GNU-says-it-lifted-force-majeure-for-oil-gas-exploration--42479869/ CONTRACTORS AWARDED $10 BLN WORTH OF PROJECTS [...]

LIBYA HERALD - Sami Zaptia The Tripoli-based Libyan government led by Abd Alhamid Aldabaiba announced today the lifting of the state of force majeure on exploration operations for the production of oil and gas. The government further called on international oil companies that have concluded contracts with the National Oil Corporation (NOC) to resume their work in Libya, stressing its readiness to provide the necessary support and provide them with a safe work environment. The Aldabaiba government said the lifting of force majeure on oil exploration is based on a request by the NOC and after a [...]

Today saw the signing of a Memorandum of Understanding between the British Libyan Business Association and the Tripoli Chamber of Commerce, Industry and Agriculture.   This significant event highlights the continuing improvement of commercial relationships between Libya and the United Kingdom and allows both organisations to focus on the development of mutually beneficial relationships for its members and the pursuit of projects to the benefit of Libya and the United Kingdom. 2023 will see the development of multiple projects, missions and delegations (both to and from Libya) that focuses on sector specific areas so that that the [...]

THE EU, NATO AND THE LIBYA CRISIS (1): SCALING AMBITIONS DOWN https://en.minbarlibya.org/2022/11/26/the-eu-nato-and-the-libya-crisis-1-scaling-ambitions-down/ LIBYAN-TURKISH HOSPITAL TO OPEN IN TWO DAYS' TIME https://libyaobserver.ly/health/libyan-turkish-hospital-open-two-days-time 30 TUNISIAN INSTITUTIONS TO TAKE PART IN LIBYA OIL AND GAS EXHIBITION https://libyaobserver.ly/inbrief/30-tunisian-institutions-take-part-libya-oil-and-gas-exhibition ON THE SIDELINES OF UFM, AL-MANQOUSH DISCUSSES COOPERATION WITH GERMANY, FRANCE, AND SPAIN https://libyaobserver.ly/news/sidelines-ufm-al-manqoush-discusses-cooperation-germany-france-and-spain LIBYAN FM PRESENTS PROMISING ENERGY OPPORTUNITIES AT UNION FOR MEDITERRANEAN https://libyaobserver.ly/news/libyan-fm-presents-promising-energy-opportunities-union-mediterranean LIBYA’S MINISTRY OF ECONOMY PARTICIPATES IN COMCEC 38TH SESSION https://libyaobserver.ly/inbrief/libya’s-ministry-economy-participates-comcec-38th-session FRANCE PROPOSES A LIBYAN-FRENCH COMMITTEE TO DEVELOP LIBYA'S OIL INDUSTRY https://libyaobserver.ly/economy/france-proposes-libyan-french-committee-develop-libyas-oil-industry SHOUKRY URGES ‘SPECIFIC TIMEFRAMES’ FOR LEGAL, POLITICAL ENTITLEMENTS IN LIBYA AT MEETING WITH UNSMIL HEAD https://english.ahram.org.eg/News/480629.aspx THE [...]

A hugely productive day in Tripoli where the British Libyan Business Association discussed (amongst other things) the establishment of Vocational Training Academies (VTA’s) in the country with The Tripoli Chamber of Commerce. It is projects like this driven by the chamber that highlights the real possibility of change and engagement in Libya. We look forward to supporting such positive and productive initiatives.