On August 6th, during Seedstars Tripoli, Elham Inspire won the Libya round of Seedstars World and will represent the country at the Seedstars Summit in Switzerland to compete for up to USD 1 million in equity investment and other prizes. Seedstars World, the largest seed-stage startup competition for emerging markets and fast-growing startup scenes, brought […]
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First Private Property Fund Approved
Libya Herald reports that the Central Bank of Libya has given its approval to a LD 165-milion ($125-million) Islamic real estate fund, shares in which will be traded on the Tripoli Stock Exchange. Founded by Assaray Bank which will take ten percent of the shares, the Sharia-compliant equivalent of a closed-end fund will invest in […]