UN Security Council Resolution 2769 updates Libya Sanctions Regime, extends Mandate until May 2026
Jan 17 Sami Zaptia

UN Security Council Resolution 2769 updates Libya Sanctions Regime, extends Mandate until May 2026

The UN Security Council updated its sanctions regime on Libya yesterday and extended its mandate until May 2026 (under Chapter VII of the Charter).The...

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Qatari UCC and LIA discuss development of Mitiga’s 10 million passenger eastern terminal
Aug 15 Sami Zaptia

Qatari UCC and LIA discuss development of Mitiga’s 10 million passenger eastern terminal

The Tripoli based Libyan Transport Ministry reported yesterday that last Tuesday (13 August) its Minister of Transport, Mohamed Al-Shahoubi, met on Tu...

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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 meets Japanese Ambassador Shimura as chair of the Libya Sanctions Committee in 2023-2024
Jun 12 Sami Zaptia

LIA meets Japanese Ambassador Shimura as chair of the Libya Sanctions Committee in 2023-2024

The Libyan Investment Authority (LIA), Libya’s main Sovereign Wealth Fund, reported yesterday that its chairman, Ali Mahmoud Hassan, had met on the sa...

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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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LBBC business delegation to visit Tripoli, Zliten and Misrata from 19 to 23 February
Feb 13 Sami Zaptia

LBBC business delegation to visit Tripoli, Zliten and Misrata from 19 to 23 February

The Libyan British Business Council (LBBC) confirmed to Libya Herald that its business delegation will visit Tripoli, Zliten and Misrata from 19-23 Fe...

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Libyan Investment Authority signs strategic agreement with BP
Jan 18 Sami Zaptia

Libyan Investment Authority signs strategic agreement with BP

The Libyan Investment Authority (LIA) announced today that it has signed a strategic agreement with BP to enhance the partnership.The signing took pla...

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LIA announces completion of consolidated financial accounts
Dec 23 Sami Zaptia

LIA announces completion of consolidated financial accounts

The Libyan Investment Authority (LIA) announced last Thursday that it had successfully prepared its consolidated financial statements that include all...

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LIA frees its last French-based assets under court seizures
Nov 28 Sami Zaptia

LIA frees its last French-based assets under court seizures

The Libyan Investment Authority (LIA) announced Saturday that for the first time since 2013, its assets in France are free of any judicial seizures.It...

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LIA local investments to be activated within legal process
May 4 Sami Zaptia

LIA local investments to be activated within legal process

Tripoli-based Libyan Prime Minister, Abd Alhamid Aldabaiba, in his role as Chairman of the Board of Trustees of the Libyan Investment Authority (LIA),...

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