Tag Archives | Libyan Businessmen Council

Italy and Libya discuss Trade and Investment

By John Lee. Italy's Ambassador to Libya, Giuseppe Buccino, has visited the Libyan Businessmen Council in Tripoli to discuss trade and investment opportunities for Italian companies in Libya. In recent days he has also met with the Mayor of Central Tripoli to discuss projects including garbage treatment and disposal. (Source: Italian Foreign Office)

Private Sector to Restore Oilfields

By John Lee. The Chairman of the National Oil Corporation (NOC) held a meeting with Chairman and Members of the Libyan Businessmen Council on Thursday. Mustafa Sanalla opened the meeting referring to the decline of the exchange rate of the Libyan Dinar and its impact on the national economy. He also mentioned the efforts exerted […]

Libyan Businessmen Visit Expo Pakistan

About 25 Libyan businessmen have visited Expo Pakistan 2013, held on September 26-29 in Karachi, Pakistan, to explore business opportunities in various product sectors. The visit was organized by the Commercial Section of Embassy of Pakistan in Tripoli, Libya. Representatives of different companies from Libya include those from textiles including: tents, tarpaulin, and readymade garments; […]

Central Bank Eases Forex Transfers

Following the anger expressed at a recent forum of the Libyan Businessmen Council in Tripoli, the Central Bank of Libya (CBL) has partially eased foreign currency transfer restrictions for Libyan companies importing certain goods. Libya Herald reports that the CBL Governor’s decision No.1 of 2013 has allowed the transfer of foreign currency for the import […]

Libyan Business Forum Ends in Disarray

At the Libyan Businessmen Council’s forum in Tripoli last week the business community loudly voiced their frustration at the slow pace of economic reform, and at the absence of high-level ministers from the meeting. Following the opening speeches by the VIPs, the Economy and Finance Ministers excused themselves due to other commitments, leading to what […]