Latest
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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May 18 Nigel Ash

Libya loses multi-million paper profit while UniCredit stake diluted

By Libya Herald reporters. UniCredit bank's Milan headquarters (File photo)London, 18 May 2017:Libya’s stake in UniCredit, one of the country’s major...

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Divisions at LIA end as PC appointee Ali Mahmoud Hassan takes back control of HQ
May 8 Michel Cousins

Divisions at LIA end as PC appointee Ali Mahmoud Hassan takes back control of HQ

By Libya Herald reporter. LIA head Ali Mahmoud Hassan back in control at the HQ in Tripoli (Photo: LIA)Tripoli, 8 May 2017:The head of the Libyan Inve...

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May 4 Nigel Ash

French bank capitulates in the LIA's $1.5 billion fraud case

By Libya Herald reporters.The High Court in London where the LIA today won back at least $1 billion (File photo)London, 4 May 2017:The Libyan Investme...

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LAICO plans Tunis hotel reopening by end of August
Mar 27 Michel Cousins

LAICO plans Tunis hotel reopening by end of August

By Libya Herald reporter.Tunis, 27 March 2017:The LAICO hotel group, part of the Libyan Investment Authority, plans to fully reopen its five-star Abu...

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Feb 13 Sami Zaptia

LIA now run jointly by two chairmen who never meet, reflecting Libya’s chaos

By Sami Zaptia.London, 13 February 2017: Sources at the Libyan Investment Authority’s (LIA) Tripoli Tower headquarters have confirmed that the soverei...

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Mass staff walkout at LIA’s Tripoli Tower HQ in protest at continued disputed chairmanship
Feb 9 Sami Zaptia

Mass staff walkout at LIA’s Tripoli Tower HQ in protest at continued disputed chairmanship

By Sami Zaptia.London, 9 February 2017: Management and staff at the Tripoli headquarters of the Libyan Investment Authority (LIA) staged a mass walkou...

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Breish returns to Tripoli LIA HQ after court voids PC/GNA appointment-employees refute forced militia entry
Feb 6 Sami Zaptia

Breish returns to Tripoli LIA HQ after court voids PC/GNA appointment-employees refute forced militia entry

By Sami Zaptia.London, 6 February 2017: Abdulmajid Breish, who had been previously ousted as chairman of the Libyan Investment Authority (LIA), made a...

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London to host PC, CBL, NOC and LIA for urgent economic meeting
Oct 28 Nigel Ash

London to host PC, CBL, NOC and LIA for urgent economic meeting

By Libya Herald reporters.Tunis, 28 October 2016:Faiez Serraj and fellow Presidency Council members have been invited to London on Monday for urgent t...

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Oct 14 Nigel Ash

Libya loses $1.2 billion claim against Goldman Sachs

By Libya Herald reporters.The High Court in London London and Tunis, 14 October 2016:The Libyan Investment Authority has not ruled out an appeal after...

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US hedge fund guilty of bribery said 2007 LIA didn't know what to do with $77 billion
Sep 30 Nigel Ash

US hedge fund guilty of bribery said 2007 LIA didn't know what to do with $77 billion

By Libya Herald reporters.Tunis, 30 September 2016:A US hedge fund executive told his bosses that after 2007 talks with Libyan Investment Authority ex...

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