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Fri, 20 Nov 2009 | 22:02 GMT
 
Top Libya News

  • Swiss kept in Libya over Kadhafi son mugshots: reports


    The publication of mugshots of Libyan leader Moamer Kadhafi's son after his arrest in Switzerland led Tripoli to block the return of two Swiss nationals from Libya, the Swiss president told newspapers Friday. AFP - 20Nov 13:32GMT
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  • Third Maghreb Investment Forum


    Works of the 3rd Maghreb Investment and Business Forum were opened, on Thursday in Gammarth, at the initiative of "Attijari Wafa Bank" Group. Agence Tunis Afrique Presse - 20Nov 09:16GMT
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  • DSI expects Libya licence soon as it plans two buyouts in 2009


    Drake and Scull International (DSI) expects to get its licence for Libya next week, said its CEO yesterday. The firm is looking at its next two acquisitions by the end of the year in Kuwait and Qatar, while the other two will be pushed to 2010, said Khaldoun Tabari, Chief Executive of DSI. Emirates Business 24/7 - 19Nov 06:05GMT
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  • Need for more liberalization in African markets, say experts


    Government intervention and the need for liberalization were highlighted as hurdles to growth and development in African markets by experts at a conference Monday. Daily News Egypt - 18Nov 08:08GMT
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  • Libyan Airlines Selects CFM56-5B to Power New A320s in $95M Engine Order


    Libyan Airlines has become a new CFM International customer with the selection of CFM56-5B engines to power seven firm, five option Airbus A320 family aircraft. Press Release - 17Nov 12:38GMT
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  • New PE Fund Expects To Raise More Than 50% From ME


    Reflecting a strong confidence in Mena investors, Pharos Financial Group is expecting more than 50 per cent of the money for its $350 million (Dh1.28bn) agricultural fund to come from this region. Emirates Business 24/7 - 17Nov 05:11GMT
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  • Libya to put Swiss businessmen on trial by year's end


    Two Swiss businessmen who have been barred from leaving Libya since July 2008 amid a diplomatic row with Bern, will be tried later this year for tax evasion and violating immigration laws, a senior official said on Thursday. AFP - 12Nov 15:03GMT
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  • Libya repatriates nearly 400 ex-Niger rebels


    Libya has repatriated by air 386 recently amnestied Niger Tuareg rebels who have been living in the north African country, an official source in Niger's northern city of Agadez said. AFP - 12Nov 12:03GMT
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  • Libya says Swiss businessmen 'transferred', not kidnapped


    Libya denied Thursday that two Swiss citizens were kidnapped from their embassy in September, saying instead they were "transferred" amid reports a commando operation was being planned to free them. AFP - 12Nov 10:49GMT
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  • UN sets up Libya office to fight crime in Maghreb


    Libya signed an agreement with the United Nations Office on Drugs and Crime (UNODC) on Tuesday to join forces to crack down on organised crime in the Maghreb region, officials said. AFP - 11Nov 14:23GMT
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Labor Laments
While certain countries in the region like to boast that the crisis has largely passed them by, delegates at the ILO Arab Employment Forum (AEF) in Beirut pointed out that the Middle East already had a chronic employment problem well before the financial crisis struck.
 
 
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Private Sector Is Vital
Private sector is very important in the Middle East and North Africa (Mena) region for sustainable development, said the World Bank, as in countries that have grown strongly over the long term.
 
 
Return to Nationalism?
In a series of worrying signs for investors the resignation and then reninstatement of Shokri Ghanem, the head of Libya's National Oil Corporation, has left question marks on who controls the industry.
 
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Company Ranking
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Number
of
Employees
1 General Post and Telecommunications Company Libya 14,500
2 Libyan Iron and Steel Company Libya 6,800
3 Sirte Oil Company Libya 6,000
4 Civil Aviation Authority - Libya Libya 4,500
5 Waha Oil Company Libya 3,600
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Key Developments27Oct09
Business Outlook21Sep09
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