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Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115
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Libyan Investment Authority

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Interpol arrest warrant against LIA head Ali Mahmoud cancelled
May 3 Sami Zaptia

Interpol arrest warrant against LIA head Ali Mahmoud cancelled

The Media Office of the Libyan Investment Authority (LIA) reported yesterday that INTERPOL has cancelled the arrest warrant issued for its chairman Al...

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Libya wins Euro 275 million court case in Tunisia against Siba Plast
Apr 8 Sami Zaptia

Libya wins Euro 275 million court case in Tunisia against Siba Plast

The Litigation Department of Libya’s Supreme Judicial Council reported last week that the Libyan state achieved ''another victory'' after it obtained...

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France’s highest court invalidates executive seizures submitted by the Kuwaiti Al-Kharafi Group against LIA
Sep 7 Sami Zaptia

France’s highest court invalidates executive seizures submitted by the Kuwaiti Al-Kharafi Group against LIA

The French Court of Cassation, France’s highest court, today invalidated the executive seizures submitted by the Kuwaiti Al-Kharafi Group against the...

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Libya Africa Portfolio wins supreme court final judgement in Germany to recover US$ 16 million
May 24 Sami Zaptia

Libya Africa Portfolio wins supreme court final judgement in Germany to recover US$ 16 million

Libya’s Ministry of Foreign Affairs and International Cooperation announced yesterday the recovery of a sum of US$ 16 million dollars of the funds bel...

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Attorney General in bid to end Belgian legal moves to seize LIA assets
Jan 24 Michel Cousins

Attorney General in bid to end Belgian legal moves to seize LIA assets

By Hadi Fornaji. Tunis, 24 January 2022:It is reported that Libya's Attorney General, Sideeg Al-Sour, plans to visit a number of European capitals, en...

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Jan 6 Sami Zaptia

UNSC Sanctions Committee confirms ‘‘preserving the integrity and value of Libyan frozen assets meant for the benefit of the Libyan people’’

By Sami Zaptia.(Logo: LIA).London, 6 January 2022: The Libyan Investment Authority (LIA) reaffirmed that the UN Security Council Sanctions Committee h...

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LIA invests in stalled LIDCO Tripoli Gate project – restarting construction sector projects
Sep 9 Sami Zaptia

LIA invests in stalled LIDCO Tripoli Gate project – restarting construction sector projects

By Sami Zaptia.London, 9 September 2021:  LIA invests in LIDCO’s Tripoli Gate 2 project Project includes Zumurud shopping mall, 3 office...

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Jun 28 Sami Zaptia

Libya does not yet fully use internationally accepted accounting principles and Audit Bureau is not independent according to international standards: U.S. State Department report

By Sami Zaptia.(Photo: U.S. State Dept).London, 28 June 2021:The section in the U.S. State Department ‘‘2021 Fiscal Transparency Report’’ on Libya say...

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Jun 17 Sami Zaptia

After takeover of Yara’s stake: Lifeco’s name changed to Libyan Fertilizer Company

By Sami Zaptia.(Logo: NOC).London, 17 June 2021:The name of the former Libyan Norwegian Fertilizer Company, Lifeco, has been changed to the Libyan Fer...

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LIA assets valued at US$ 68 billion
May 7 Sami Zaptia

LIA assets valued at US$ 68 billion

By Sami Zaptia.London, 7 May 2021:  The final results of the assessment of the assets of the Libyan Investment Authority (LIA) for 2019 were US$ 68.4...

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