Jan 23 Nigel Ash

Temporary reprieve for foreign majority owners of some Joint Ventures

Tripoli 23 January 2013:Foreign joint venture companies that were registered before Decree 207 of 2012, which compelled the reduction of their equity...

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LAFICO’s Italian car and football assets unfrozen
Nov 20 thomwestcott

LAFICO’s Italian car and football assets unfrozen

Tripoli, 20 November:More Libyan funds invested in Italy, in car-manufacturer Fiat and the football club Juventus, were unfrozen yesterday by the Ital...

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LIA claws back more Italian assets
Nov 7 Nigel Ash

LIA claws back more Italian assets

By Hadi Fornaji.Tripoli, 7 November:An Italian court has ordered that Qaddafi-era holdings in two major Italian firms to be returned to Libya.The pres...

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Oct 31 Michel Cousins

Waha oil exports flowing despite protests

Tripoli, 31 October:Waha Oil company has denied that oil shipments at its export terminal at Sidra were halted on Monday because of staff protests. It...

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Jul 25 Michel Cousins

Oil company employees protest against management and Eni

Tripoli, 25 July:Employees of Mellitah Oil & Gas staged a protest on Tuesday at the company's headquarters in Tripoli. They were demanding the man...

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Jul 17 Nigel Ash

Aman Bank removed from black list

Tripoli, 17 JulyAman Bank has been removed from the NTC blacklist and escaped the danger of being taken over and administered by the state.Sources at...

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Jun 21 Nigel Ash

Central Bank to probe financial sector corruption

Tripoli, 21 June:The Central Bank of Libya has set up its own transparency and integrity commission to investigate corruption and wrongdoing in the co...

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May 22 Sami Zaptia

Central Bank of Libya clarifies implementation of Law 36

By Sami Zaptia.Tripoli, 22 May:Further to the publication of Law No. 36 regarding ‘The Administration of the Assets and Properties of Some Individuals...

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Libyan bank in Uganda takes financial hit
Apr 30 Nigel Ash

Libyan bank in Uganda takes financial hit

Tripoli, 30 April:The Libyan-owned Tropical Bank suffered heavy losses while under the control of the Ugandan Central Bank, following UN sanctions ag...

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"Sarkozy wanted to sell Qaddafi nuclear power" claim
Apr 12 Nigel Ash

"Sarkozy wanted to sell Qaddafi nuclear power" claim

Paris: April 12French president Nicolas Sarkozy was keen to sell the Qaddafi regime nuclear power, but encountered protests from the boss of Areva, Fr...

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