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Sat, 04 Jul 2009 | 19:50 GMT
 
Top Libya News

  • AU talks drag on war crimes warrant, 'union government'


    Heated talks on Libyan leader Moamer Kadhafi's push for a powerful pan-African authority dragged into early Friday, as fresh debate erupted at an African summit on the Sudan president's indictment. AFP - 03Jul 05:17GMT
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  • Libya, Algeria accelerate military cooperation


    Major General Ahmed Abdellah Ahmed Aoun, co-chairman of the Joint Committee for Libyan-Algerian Military and Technical Co-operation, arrived in Algeria on Tuesday (June 30th) for talks with his Algerian counterpart, Tout sur l'Algerie... Magharebia.com - 02Jul 06:35GMT
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  • AU Summit begins in Libya


    The 13th African Union (AU) Summit of Heads of State and Government kicked off in Sirte, Libya on Wednesday (July 1st). This year's main theme will be investment in agriculture for economic growth and food security. Structural changes in the AU will... Magharebia.com - 02Jul 06:35GMT
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  • Italy sends immigrants back to Libya: report


    Italy on Wednesday sent 89 illegal immigrants back to Libya after their boat was intercepted by the Italian navy near the southern island of Lampedusa, an Italian report said. AFP - 01Jul 13:43GMT
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  • Moroccan newspapers ordered to pay in Kadhafi defamation suit


    A Casablanca court's 3.5 million-dirham defamation ruling in favour of Libyan leader Moamer Kadhafi has triggered the resentment of journalists across Morocco. Magharebia.com - 01Jul 06:56GMT
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  • African summit overshadowed by Kadhafi, Ahmadinejad


    Africa's conflicts took a back seat Tuesday to a surprise visit by Iran's hardline president and Libyan leader Moamer Kadhafi's drive to create an "African government" ahead of a continental summit. AFP - 30Jun 11:37GMT
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  • Ahmadinejad to address summit in Libya


    Iran's hardline President Mahmoud Ahmadinejad is to visit Libya on Wednesday to address the African Union summit, the Mehr news agency reported. AFP - 30Jun 09:02GMT
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  • African leaders hold summit under pressure from Kadhafi


    African leaders open a summit Wednesday with a slate of conflicts demanding their attention, but are already distracted by Libyan leader Moamer Kadhafi's drive to create an "African government". AFP - 30Jun 07:31GMT
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  • Algeria ready to help Libya face bubonic plague threat


    Algeria is ready to help Libya face the outbreak of bubonic plague, "if it asks for that," Echorouk quoted Health Minister Said Barkat as saying on Sunday (June 28th) during an inspection visit to Oran. Magharebia.com - 30Jun 06:33GMT
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  • Three Moroccan papers lose court battle against Libyan leader


    Three Moroccan newspapers were ordered to pay a total of three million dirhams (270,000 euros) Monday to Libyan leader Moamer Kadhafi, who had sued them for writing critical articles. AFP - 29Jun 11:53GMT
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Economy     

Libya: Country outlook
Economist Intelligence Unit - Jun 2009

EIU expects Libya’s real GDP to be 3.1% instead of 2.9% in 2009, and in 2010 4.9% instead of 4.8% as Bank lending to the private sector has accelerated sharply in 2008 and early 2009, which is an encouraging indication for economic activity. Inflation will be expected to rise sharply as the government has slowly relaxed its control over the domestic market and economic growth has strengthened.

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Kuwait National Airways operates premium scheduled air transportation services through its division, Wataniya Airways. KNA listed its shares, worth USD125.57 million, on the Kuwait Stock Exchange, in December 2008.
 
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Company Name Country Industry
Libyan Arab Foreign Investment Company Libya Investment Firms and Funds
General Electricity Company of Libya Libya Electric Utilities
Libyan Investment Authority Libya Investment Firms and Funds
Libyan Airlines Libya Transportation Services
Sirte Oil Company Libya Oil
National Oil Corporation - Libya Libya Oil
General Post and Telecommunications Company Libya Transportation Services
Libyan Iron and Steel Company Libya Metal Production
Gumhouria Bank Libya Banking
Libyan Foreign Bank Libya Investment Banking
 

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Untapped Oil
Arab countries control nearly 43 trillion cubic metres (tcm) of additional gas deposits but they remained undiscovered or untapped, their oil group has said.
 
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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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Companies in Libya
 
EIU Research On Libya Economy & Sectors
Key Developments19Jun09
Business Outlook05Sep08
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