LAIP’s OLA Energy reports sustained financial growth for 2024
Jul 14 Sami Zaptia

LAIP’s OLA Energy reports sustained financial growth for 2024

OLA Energy Holding, a wholly owned subsidiary of the Libya Africa Investment Portfolio (LAIP), has reported another year of strong financial performan...

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Tamoil records a loss of 22.172 million euros for the fiscal year 2022
May 22 Sami Zaptia

Tamoil records a loss of 22.172 million euros for the fiscal year 2022

‎Tamoil reported a loss of 22.172 million euros for the fiscal year 2022 according to a report by Fatturato Italia, a website specialized in corporate...

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Britain's Harbour Energy buys Wintershall Dea in US$ 11.2 bn deal
Dec 23 Sami Zaptia

Britain's Harbour Energy buys Wintershall Dea in US$ 11.2 bn deal

Reuters reported Thursday that Britain's Harbour Energy agreed on Thursday to acquire Wintershall Dea's non-Russian oil and gas assets in a US$ 11.2 b...

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Feb 11 Sami Zaptia

United Bank announces distribution of 20 percent dividend

By Sami Zaptia. Libya's private sector United Bank has announced its intention to distribute a 20 percent dividend (Photo: United Bank).London, 11 Feb...

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Apr 27 Callum Paton

LAP GreenN announces subscriber growth in Q1 2014

By Libya Herald staff.Tripoli, 27 April 2014:Libyan-owned telecommunications and information technology company LAP GreenN has announced increased sub...

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Mar 3 thomwestcott

Libyan Airlines to restart Nouvelair-operated flights to Europe

By Ashraf Abdul Wahab and Tom Westcott.Tripoli, 3 March 2014:Libyan Airlines is to restart its European flights, which are operated by Tunisian airlin...

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Wood Group holds off from Libya until paid in full
Aug 29 Nigel Ash

Wood Group holds off from Libya until paid in full

By Tom WestcottLondon, 29 August:Scottish based Wood Group, which was recently paid $5.8 million of a $13 million debt, is not planning to undertake m...

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MIH calls meeting to approve €8 M Tripoli tower loan repayment
May 28 Michel Cousins

MIH calls meeting to approve €8 M Tripoli tower loan repayment

Malta, 28 May: Resolution to approve partial repayment of a €13.2 million loan taken out by the company to meet creditor payments during the civil wa...

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Pure Technologies back working on the Man-Made River
Mar 31 Nigel Ash

Pure Technologies back working on the Man-Made River

Tripoli: March 31The Canadian company whose inspection technology helped pinpoint damaged pipework in the Man-Made River is returning to work in Libya...

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