Libyan Development & Reconstruction Fund inaugurates Derna’s 2,000 housing project
May 2 Sami Zaptia

Libyan Development & Reconstruction Fund inaugurates Derna’s 2,000 housing project

The Libyan Development and Reconstruction Fund inaugurated yesterday Derna’s 2,000 housing unit Al-Salam project. The project includes various...

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Spending on construction has not led to price hikes and a rising dollar rate – spending by Libya’s two governments has: Belgasem Hafter
Apr 8 Sami Zaptia

Spending on construction has not led to price hikes and a rising dollar rate – spending by Libya’s two governments has: Belgasem Hafter

Speaking last Monday (6 April) during an opening ceremony of a department at Benghazi Medical Centre, the Director General of the Libyan Development a...

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Belgasem Hafter reneges on US-brokered agreement by refusing to cut development spending – sends dinar crashing
Apr 1 Sami Zaptia

Belgasem Hafter reneges on US-brokered agreement by refusing to cut development spending – sends dinar crashing

After days of steady gains by the Libyan dinar on the black-market foreign exchange from a high two weeks ago of around LD 10.50 per dollar to a low o...

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France’s Veolia-Sidem starts rehabilitation work on Sousse’s steam desalination plant
Jan 21 Sami Zaptia

France’s Veolia-Sidem starts rehabilitation work on Sousse’s steam desalination plant

The Libyan Development and Reconstruction Fund (LDRF) reported last Monday (19 January) that a delegation from the French company Veolia-Sidem, headed...

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