Secretary-General appoints Mr. Ján Kubiš of Slovakia as his Special Envoy on Libya and Head of United Nations Support Mission in Libya United Nations Secretary-General António Guterres announced today the appointment of Ján Kubiš of Slovakia as his Special Envoy on Libya and Head of the United Nations Support Mission in Libya (UNSMIL). This position is […]
Archive | Industry & Trade
Tags: featured, Jan Kubis, Slovakia, United Nations (UN), United Nations Support Mission in Libya (UNSMIL)
Enka, Siemens, to start work on Libyan Power Plants
By John Lee. The Turkish engineering and construction firm Enka, in consortium with Germany's Siemens, is about to start the construction at the Misurata [Misrata] 650 MW Simple Cycle Power Plant and Tripoli West 671 MW Simple Cycle Power Plant in Libya. According to a statement from Enka. the contracts have been signed with the […]
Tags: Electricity, Enka, featured, General Electric Company of Libya (GECOL), Germany, Misrata, Misurata, Siemens, Tripoli, Turkey
UK Libya Sanctions Guidance
Libya (Sanctions) (EU Exit) Regulations 2020 The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, is responsible for improving the understanding, implementation and enforcement of financial sanctions in the United Kingdom. OFSI publishes a list of individuals and organisations subject to financial sanctions as well as general guidance to promote compliance. Click here […]
Follow up on Critical Economic Reforms in Libya
Libyan Economic Dialogue Meets to Follow up on Critical Economic Reforms On 5 January, Acting Special Representative of the Secretary-General (ASRSG) and Head of the United Nations Support Mission in Libya Stephanie Williams, together with the co-chairs of the Economic Working Group (EWG), including the Ambassadors of the Republic of Egypt, the European Union, and […]
NOC acquires Yara's stake in Libyan Fertiliser Company
Norwegian fertiliser producer Yara International has entered into an agreement with Libya's National Oil Corporation (NOC) and the Libyan Investment Authority (LIA) on 31 December 2020 to divest its full ownership interest in the Libyan Norwegian Fertiliser Company (LIFECO). Yara's full legal ownership interest in LIFECO together with all economic rights and all obligations and […]
Tags: featured, Fertilizers, Libyan Investment Authority (LIA), Libyan Norwegian Fertilizer Company (Lifeco), National Oil Corporation (NOC), Norway, Yara
Video: Libya approves New Exchange Rate
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. The devaluation of Libya's currency has taken effect, a move that is hoped will help the economy. The Central Bank has agreed to a devalued exchange rate of 4.48 dinars to the US […]
"Cash for Work" Initiative launched in Abu Salim
First "Cash for Work" initiative in Libya launched in Abu Salim As part of its effort to help conflict-affected people in Libya to have access to a temporary work opportunity for income generation, The United Nations Development Programme (UNDP) partnered with the Danish Refugee Council (DRC) and the Municipality of Abu Salim to implement the […]
Tags: Abu Salim, Danish Refugee Council (DRC), featured, United Nations (UN), United Nations Development Programme (UNDP)
New Telemedicine Initiative launched in Libya
UNDP, Japan, the startup Speetar, and the Ministry of Health launch the first Telemedicine initiative in Libya A significant proportion of Libya's population do not have access to good quality healthcare, most especially those who live in rural areas. In an attempt to combat the spread of the COVID-19 virus authorities have been forced to […]