Goldman Sachs backs down in LIA's $1.2 billion case
Aug 20 Nigel Ash

Goldman Sachs backs down in LIA's $1.2 billion case

By Hadi FornajiTripoli, 20 August 2014:The US investment bank Goldman Sachs has given up trying to have the Libyan Investment Authority’s $1.2 billion...

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The LIA and its $11-billion investment outsourcing
Apr 23 Nigel Ash

The LIA and its $11-billion investment outsourcing

By Libya Herald reporters.Tripoli, 23 April 2014:The struggle continues to control and manage Libya’s accumulated oil wealth,  once used by the Qaddaf...

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LIA sues Goldman Sachs over $1.2 billion losses
Jan 31 Michel Cousins

LIA sues Goldman Sachs over $1.2 billion losses

By Hadi Fornaji.Tripoli, 31 January 2014:Libya’s sovereign wealth fund, the Libyan Investment Authority (LIA) is suing US investment bank Goldman Sach...

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Jan 31 Michel Cousins

First private real estate investment fund approved by Central Bank

By Hadi Fornaji.Tripoli 31 January 2014:The Central Bank of Libya has given its approval to a LD 165-milion ($125-million) Islamic Real Estate Fund, s...

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Mar 2 Michel Cousins

Investment advisers planning visit from Malta

Tripoli, 2 March 2013:Malta-based brokers and financial advisers Exante is leading a business team to Libya this coming week to meet with various Liby...

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CBL governor Saddek Elkaber optimistic about Libya’s economy in 2013
Feb 19 Sami Zaptia

CBL governor Saddek Elkaber optimistic about Libya’s economy in 2013

By Sami Zaptia Tripoli, 19 February 2013:The Central Bank of Libya (CBL) Governor, Saddek Elkaber, said that he was very optimistic about Libya’s econ...

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Libya to retain UniCredit stake
Jun 7 Michel Cousins

Libya to retain UniCredit stake

UniCredit bank's Milan headquartersTripoli, 7 June:The Central Bank of Libya is to keep its 9.2-percent share in the Italian bank UniCredit.  The deci...

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Libya regains control of Ugandan telco
May 28 Nigel Ash

Libya regains control of Ugandan telco

Tripoli, 28 May 2012:Libya has regained full control of its investments in Uganda’s main telecoms provider, Uganda Telecom Limited, (UTL) after $10 mi...

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