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Libya Africa Investment portfolio Top Manager Attends Crans Montana Forum |
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The Director Manager of Libya Africa Investment portfolio took part in Crans Montana Forum on Africa and South-South Cooperation held in Brussels where he underlined the fund’s new strategy that has brought confidence and improved its image.
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Libya Gives Power Supply Contract to APR Energy |
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APR Energy, the temporary power supply business, has surged more than 10% following news of a contract win in Libya, the largest in the company's history.
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Alitalia Tripoli Flights Doubled as Business Travel to Libya Increases |
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In a quick response to the increase of demand by travelers from and to Libya, Alitalia, the Italian national carrier, has decided to double flights to Tripoli starting from 31 March.
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Next Generation Brokerage Firm, EXANTE, Leads Delegation to Libya |
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EXANTE Ltd is organizing a business delegation to discuss and market the benefits of EXANTE's online financial trading platform and the advantages it would bring to the growth of the Libyan economy.
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Libya: Italian Restaurant at International Fair of Tripoli Receives Coveted International Recognition |
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Located in Omar Mukhtar Street in downtown Tripoli, an Italian restaurant has received the coveted international recognition by the Association Italian Maitres Restaurant and Hotels. It is the first in Libya and only restaurant of its kind in North Africa.
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Libya: PM Denies Relieving NOC Chairman of His Responsibilities |
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Prime Minister Ali Zidan denied Thursday media reports that the Chairman of the National Oil Corporation (NOC) had been relieved of his responsibilities.
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OMV Posts 25% Jump in Libyan Oil Production |
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The Austrian oil and gas company OMV, which is part-owned by Abu Dhabi, posted a 25 per cent jump in revenues after reviving production in Libya that had been wiped out during the 2011 urising that ousted the Gaddafi regime from power.
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Ireland Resumes Exporting Cattle to Libya after 17 Years Libyan Ban |
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Ireland resumes exporting cattle to Libya in the first live shipment of cattle to the country since it banned imports from the EU in 1996 because of the BSE outbreak.
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Despite Encountering Difficulties Wintershall Will Remain in Libya, CEO Says |
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German oil firm Wintershall said it is struggling to return production in Libya to levels from before the civil war, with difficulties finding contractors, and despite its vast resources, it is also ruling out exploring for more hydrocarbons.
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Wintershall CEO: No Threat to Oil Security in Libya as Company Seeks Increase of Production to 100,000 bpd |
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Chief Executive of German oil firm Wintershall says he noticed no security problems in Libya and the kidnapping incident in Algeria a few weeks ago did not affect oil production in the southwest where his company aims at increasing production to 100,000bpd.
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Libya Oil Minister Encourages South Korean Oil Companies to Return |
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At a meeting with Libyan Oil Minister, South Korean Ambassador says his country’s companies are to return to Libya by the end of February, expressing desire to sign contracts of new industrial projects such as refineries and petrochemicals.
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Libya: Lufthansa to Resume Flights to Tripoli February 20 |
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Germany's Lufthansa and its subsidiary Austrian Airlines said to resume flights to Tripoli International Airport on February 20 after putting a halt earlier in the month.
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Libya: Turkey Expects Exports to Libya to Reach $5 Billion in 2013 |
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Turkish Economy Minister says trade volume between Libya and Turkey could reach $5 billion in 2013, citing agreements have already been reached with Libyan government and many more to be concluded.
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Libya: Assured of Compensation, Security, SKorea Hyundai Resumes Work in Libya |
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South Korea's Hyundai Engineering and Construction resumed work on projects in Libya after assurances on compensation and security from the interim government. South Korean companies have 25 projects worth a total of $10.6 billion in Libya.
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Libya's General Electricity Company Awards Contracts Worth €100m to Siemens of Germany |
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Siemens, the global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and healthcare sectors, has been awarded a series of contracts in Libya with a combined value of €100 million for the inspection, service, upgrade and maintenance of two existing power plants, ensuring reliable and efficient power supplies to the cities of Khoms and Ruwais.
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