Business Archives | Page 5 of 6

Presidential Airplane, Used by Qaddafi, Returns to Libya

22Jun

By EditorNo Comments

Business, News

Presidential Airplane, Used by Qaddafi, Returns to Libya

Tripoli_After more than eight years the Presidential Plane, once used by Muammar Qaddafi in his official visits, is back to Libya but not before the government had paid premiums required for its main...

Five Turkish Companies could be Returning Back to Libya Soon

20Jun

By EditorNo Comments

Business, News, Politics

Five Turkish Companies could be Returning Back to Libya Soon

Tripoli_The return of at least five Turkish companies to Libya to resume executing projects came to a halt in 2011 could be happening soon. This possible development was under discussion in Tripol...

St. Petersburg Economic Forum Opens in Russia

4Jun

By EditorNo Comments

Business, World

St. Petersburg Economic Forum Opens in Russia

St. Peterssburg_The 24th St. Petersburg International Economic Forum (SPIEF) kicked off in Russia's second largest city on Wednesday, during which participants will seek cooperation amid the COVID-19...

Russia to Eliminate US$40B from Sovereign Wealth Fund

3Jun

By EditorNo Comments

Business, Politics, World

Russia to Eliminate US$40B from Sovereign Wealth Fund

St. Petersburg_ Russia’s sovereign wealth fund will buy gold and slash $40 billion of US currency entirely out of its investment portfolio amid growing tensions with Washington, the country’s finance...

LITC Partners with Microsoft for Azure ExpressRoute in Libya

3Jun

By EditorNo Comments

Business, News

LITC Partners with Microsoft for Azure ExpressRoute in Libya

Tripoli_ The Libyan International Telecommunication Company (LITC) has been named a Microsoft Azure ExpressRoute Partner by Microsoft, covering Libyan market, said a statement released by the company...

Construction on New Terminal Resumes in Benghazi Airport

1Jun

By EditorNo Comments

Business, News

Construction on New Terminal Resumes in Benghazi Airport

Benghazi_ Benina International Airport in Benghazi announced Tuesday that it has resumed the construction of a passenger terminal and it will be finished in approximately one year from now. ...

Tunisair Express schedules 3 weekly flights to Libya, Starting June 6

30May

By EditorNo Comments

Business

Tunisair Express schedules 3 weekly flights to Libya, Starting June 6

The company Tunisair Express has announced the reactivation of its services to Libya with 3 weekly flights between the airports of Sfax-Thyna and Tripoli-Mîtiga, from June 6 (Tuesdays, Thursdays and ...

Libya Debates Ways to Address Private Companies’ Problems

19May

By EditorNo Comments

Business, News

Libya Debates Ways to Address Private Companies’ Problems

Tripoli_ The Minister of Economy and Trade discussed on Tuesday with businessmen and private companies affiliated with the Chambers of Commerce the obstacles facing the private sector and ways to add...

8May

By EditorNo Comments

Business, News

LIA Estimates Assets at Over $68B

Tripoli_ Libya Investment Authority (LIA) said Wednesday that its assets have been valued at $68.4 billion in 2019. In a statement, it said the assets included $33.5 billion in cash, $21.1 billion...

17Apr

By EditorNo Comments

Business, News

Libya’s Oil Revenue Exceeds $2b in March

Tripoli_ The National Oil Corporation (NOC) said Thursday that oi revenue reached record levels in March 2021 to over US$2 billion. It said the amount of US$ 2,052,178,786.17 came from the sales of c...