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Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115
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Asset Management

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LIA presents short-term investment plan for frozen assets – looking forward to UN Security Council’s approval
Aug 5 Sami Zaptia

LIA presents short-term investment plan for frozen assets – looking forward to UN Security Council’s approval

The Libyan Investment Authority (LIA) said in a statement dated yesterday that it is looking forward to obtaining the approval of the UN Security Coun...

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LIA appoints PWC’s international investment advisor ‘‘Strategy&’’ to support implementation of its investment plan
Jul 28 Sami Zaptia

LIA appoints PWC’s international investment advisor ‘‘Strategy&’’ to support implementation of its investment plan

The Libyan Investment Authority announced last Friday (26 July) that it has contracted with PWC’s Strategy& (Strategy And) to provide technical an...

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Radisson Blu will rebrand and take over the management of Libya’s Laico hotel in Tunis
Jun 26 Sami Zaptia

Radisson Blu will rebrand and take over the management of Libya’s Laico hotel in Tunis

LAICO hotel, in Tunis, belonging to the Libyan African Investment Company, has been handed over to, and will be rebranded as, the Radisson Blu hotel.L...

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LIA holds workshop on a new vision and restructuring plan – finding an exit plan from unfeasible assets
Feb 15 Sami Zaptia

LIA holds workshop on a new vision and restructuring plan – finding an exit plan from unfeasible assets

The Libyan Investment Authority (LIA), the country's sovereign investment fund, announced today that it had organised a workshop on its vision and its...

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Idle Libyan Foreign Investment Company property in Kiev, Ukraine to be converted into 58 luxury hotel apartments
Oct 6 Sami Zaptia

Idle Libyan Foreign Investment Company property in Kiev, Ukraine to be converted into 58 luxury hotel apartments

By Sami Zaptia.London, 6 October 2021:The Libyan embassy in Kiev, Ukraine announced yesterday that it is to convert an idle building belonging to the...

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Jun 7 Michel Cousins

LIA looks to repair asset damage caused by decade of sanctions

By Michel Cousins. On 5 May, the LIA announced the value of its assets up to year-end 2019 (Photo: LIA)Tunis, 7 June 2021:The LIA is looking to work w...

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Mar 24 Sami Zaptia

The Libyan Investment Authority takes urgent measures to guarantee success of its Tunisian investment portfolio

By Sami Zaptia.(Logo: LIA).London, 24 March 2021:The Libyan Investment Authority (LIA) reported yesterday that it has taken a set of urgent implementa...

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Dec 21 Sami Zaptia

London court ends receiverships on LIA assets

By Sami Zaptia.London, 21 December 2020: The London Commercial Court ruled in favour of Libya’s sovereign wealth fund, the Libyan Investment Authority...

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Oct 14 Sami Zaptia

LIA appoints Ernst & Young (EY) as external auditors

By Sami Zaptia.London, 14 October 2020: The Libyan Investment Authority (LIA) announced yesterday that it has appointed Ernst & Young (EY) as its...

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Getting the Libyan Investment Authority back on track again:  An interview with LIA chairman Ali Mahmoud Hassan
May 6 Michel Cousins

Getting the Libyan Investment Authority back on track again:  An interview with LIA chairman Ali Mahmoud Hassan

By Michel Cousins.Tunis, 6 May 2020 Ever since Libya’s descent into division and political and economic chaos in 2014, the affairs of the Libyan Inves...

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