An Open Invitation to Purchase of one (FM-200) Filling Station for Ras Lanuf

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Libyan Railroads Project Management and Execution Board is announcing to start register companies

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Libyan Railroads Project Management
Libyan Railroads Project Management and Execution Board is announcing to start register companies who willing to work with Libyan Railroads Project Management and Execution Board, in various field and by providing an integrated complete file of the company and with completion of data included in the registration form at the website www.railroads.org.ly
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Released:  07/02/20142014-02-07
Word count:  29

Libya will modernize the infra-structure of communications network and information technology in accordance with the statement of the international union for communications in meetings at Switzerland.

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Libyan investment
The undersecretary of ministry of communications in the meetings requested support of the union for the comprehensive support for modernizing the infra-structure for communications and information technology in Libya.  
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Oil & Gas News

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Released:  07/02/20142014-02-07
Word count:  33

Libya Oil – Egypt’s 2014 Plan

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Libyan investment
The company’s investment plan for 2014 targets an increase of 25% in oils production compared with 2013 and aims to produce new types of oils for motors of vessels, marine equipment and heavy duty machinery.  
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Oil & Gas News
Released:  07/02/20142014-02-07
Word count:  285

Following two outstanding and highly successful events, the New Libya Oil & Gas Forum is back for the third year in London on 29th-30th May 2014.

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libyaoilgas.com

 

  • Every edition of the Libya Oil & Gas Forum has been held with the full support and endorsement of the National Oil Corporation of Libya (NOC)

  • Both Forums were attended by a sell-out audience of over 300 senior level executives

  • High-level delegation each year comprising much of the senior leadership of the Libyan oil and gas sector, including the Chairman of the NOC, Dr Nourri Berrouien

  • Both years welcomed Government Ministers and Deputy Ministers

  • VIP and C-Level delegation from Shell, ExxonMobil, Turkish Petroleum, Total, Sonatrach and many others

  • Exclusive 5* venues each year with Private Gala Dinner and Networking Reception

  • In March 2012 the inaugural New Libya Oil & Gas Forum took place in the 5* Parco Dei Principi Hotel in Rome, Italy; in May 2013 the 2nd edition took place in the 5* Elite World Hotel in Istanbul

  • Full representation from the service sector, data providers, consulting firms, legal advisers and many more

 

 

Join us in London this year for the 3rd edition of this high-level Forum. You will:

 

>> Get essential updates from the Ministry of Oil, and NOC

>> Meet the key stakeholders in Libyan Oil and Gas

>> Gauge developments for exploration prospects onshore and offshore Libya

>> Assess strategies for exploration licensing rounds

>> Learn of tenders and partnership opportunities you can be involved with

>> Identify the outlook for Libya’s unconventional prospects

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Released:  07/02/20142014-02-07
Word count:  351

The General Gas Transmission and Distribution Company, or Gasly (www.gasly.ly) held a workshop Tuesday at Corinthia hotel, Tripoli.

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Libya herald
The workshop entitled “Libyan City Gas Day” included presentations by both local and foreign partner companies such as the Libyan Post and Telecommunications and Information Technology Company (LPTIC), Hatif Libya (www.hlc.ly), the Housing and Infrastructure Board (HIB) and the General Electricity Company of Libya (GECOL).

These partners are the natural partners for Gasly where synergy or complementarities exist with regards to the joint use of trenches, pipes and cable lines. Opening the event, Gasly chairman Lutfi Layas reminded the audience upon launching the Libyan City Gas Day that city gas had existed in Libya since the 1930′s, well before Libya had discovered oil, but that the Qaddafi regime had ended it without much explanation.

Layas said that Gasly which was established in 2008 had launched a study for a strategy to deliver natural gas to over 900,000 consumers in Libya. He explained that some contracts had already been signed and that some work with the HIB had already been undertaken in new housing projects in order to integrate city gas within them. Progress with the HIB had been achieved he added despite the challenges Libya faces post revolution.

The piped city gas project is expected to save the nation about LD 3 billion per year as consumers switch from the more expensive and cumbersome butane gas cylinders and from the usual hydrocarbons used for heating such kerosene, to the cheaper natural gas. The project is also expected to create spin offs and jobs helping the economy grow.

Gasly is working on the completion of the master plan for the natural gas transmission and distribution networks in Libya. It is also working on the final stages and operational tests for the 20 inch Entessar-Sarir Gas Pipeline Project. Phase one of the construction phase of the Benghazi Gas Network for 42,000 consumers is also to commence.

The Tripoli Gas Distribution Network – phase one project – for 27,000 consumers is also scheduled to start. The signing of contracts for the West Mountain Gas Distribution Network – Phase One project, the Tripoli Medium Pressure Gas Distribution Network – phase two, and the Tajura Medium Pressure Gas Distribution Network projects are expected soon.
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Oil & Gas News

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Released:  07/02/20142014-02-07
Word count:  235

Oil production for OMV, Austrian oil and gas group, has recovered in Libya adequately to reach its 2014 output target of 320,000 to 340,000 barrels of oil per day if it continues at current levels, according to OMV’s chief executive Gerhard Roiss.

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North Africa post
Libya has proved to be a difficult place for business especially for companies operating in its oil sector. Before the 2011 civil war, Libya made up 10 % of OMV’s total production. Since the beginning of the year production had been between 50 and 75 % of pre-war levels, which is enough to create room for flexibility.

To reduce risk of loss in Libya and other politically unstable countries like Yemen and Iraq, the company has made major investments in other regions that are believed to be more predictable. Such investments have been in North Sea oil fields from Norway’s Statoil, recorded as the biggest investment in the company’s history with $2.65 billion acquisition of stakes. Other investments have been made in new fields in the Black Sea.

In an effort to keep up in a difficult European market struggling to compete with heavily subsidized renewable energy sources and cheap coal, OMV is cutting down on downstream activities such as filling stations and refineries. The company’s refining margin which has brought in a lot of profit for the company, Q1 and Q4 including, is yet to show signs of recovery from last year’s blow.

The violence in Libya and the siege on oil ports have had a major impact on oil production and exportation. Most of the companies are also struggling to cope with the frequent strikes of workers and the lack of security in the country.
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Released:  06/02/20142014-02-06
Word count:  213

The Libyan government has said it will supply all the cities with natural gas by replacing butane gas in a bid to save US$ 2.7 billion a year, the President of the board of the Libyan General Gas Transmission and Distribution Company, Lutfi Ilyas, gave this indication here Wednesday.

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African manager
"For 50 years, families in Tripoli were supplied with natural gas. But this service has been discontinued because of poor planning that was done in the past. Today, we are planning to relaunch this service in order to ensure that by 2030, three billion cubic meters of gas will be distributed," Mr. Ilyas said at the opening session of a workshop whose theme is "Libyan Day for gas in cities" .

"We are working in partnership with the Ministry of Housing to distribute natural gas to 900,000 consumers over the next few years," he told delegates at the workshop, organized in collaboration with the Libyan society in charge of Posts, Telecommunications and ICT.

"The first phase of the project will be implemented in Benghazi (east) with the aim to ensure the provision of two million cubic meters by the end of 2014 to benefit 4,000 consumers, but ultimately the goal is to supply 112,000 consumers," Ilyas said, adding that the supply phase for the city of Tripoli will target 211,000 people and 48,000 consumers in Misrata.

The feasibility study shows that the supply of natural gas to Libyan cities will enable the government to save US$ 2.7 billion per year from what it has been spending on butane gas.

The workshop is also being attended by experts from France, Malta and the UK.  
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News Releases
Released:  06/02/20142014-02-06
Word count:  257

Studying abroad and learning English featured at this week’s Education and Training Fair at Tripoli University.

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Libya herald
Several Tripoli-based English language schools were represented, including the Oxford English Academy and the Janzour School. Both schools also offer students opportunities to study abroad. A teacher from the Janzour School, Rasha Ben Saleh, said that the institution was getting a lot of interest in pilot training programmes and engineering MScs at Maltese academies. English, however, remained the most popular subject. “People nowadays are really interested in learning English,” Ben Saleh said. “Most of our students have quite a low level of English to start with but they are very enthusiastic and willing to learn.” There were several colleges based in the UK there, including the Oxford Business College. “It is a delight to be here and the response has been overwhelming,” college director Padmesh Gupta told the Libya Herald. “People have been telling us they want to go abroad to learn English and then return to Libya to make a contribution.”

The college has also signed a contract with the Ministry of Labour to take 200 students, who are expected to start English language courses in Oxford in April. However, after their visit had shown how many opportunities there were in Libya, Gupta said, the college was thinking of opening a institution in Tripoli.

The Canadian School in Libya was there, as was a new Canadian school, the Libcan Academy, which opens next week. Initially offering short courses, including English language, for adults, the school plans to open for primary school children in September.

The fair, which ended today, was sponsored by the Ministry of Higher Education.
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Libyan Italian cooperation agreement in the field of maintenance and restoration of monuments.

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Libyan investment
An agreement for cooperation in the field of maintenance and restoration of monuments was signed in Italy on the exchange of experiences and organizing a training course for a number of elements working in the field of archeology for three years.
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Released:  06/02/20142014-02-06
Word count:  321

Austrian oil and gas group OMV's production in Libya has recovered sufficiently to support its full-year output target if it continues at current levels, its chief executive said.

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Trade Arabia
Gerhard Roiss said production in the war-torn country had been between 50 and 75 per cent of pre-war levels since the start of the year, and reaffirmed OMV's 2014 production target of 320,000 to 340,000 barrels of oil equivalent per day.

"With this range, we have enough leeway," Roiss told business journalists in Vienna on Wednesday. "We cannot manage the risk in Libya. Therefore we have invested in regions we believe to be more predictable."

Libya constituted about 10 per cent of OMV's total production before its 2011 civil war. Protesters have been blockading eastern oil ports for the past six months and production at some oil fields has also been disrupted.

OMV is investing in new fields in the Black Sea and the North Sea to balance the risk of its operations in politically unstable countries including Libya, Yemen and Iraq.

In August, it made the biggest investment in the company's history with the $2.65 billion acquisition of stakes in North Sea oil fields from Norway's Statoil.

OMV is also scaling back on downstream activities such as filling stations and refineries in a difficult European market for gas, which is struggling to compete with heavily subsidised renewable energy sources and cheap coal.

Roiss said OMV's refining margin, a key measure of profitability for the company, was not yet showing signs of recovery from last year's historic lows. "Q4 was very bad in Europe. I don't see any improvement yet in Q1," he said.

OMV's gas-trading unit EconGas has been helped, however, with the renegotiation of a long-term gas-supply contract with Russia's Gazprom. The two parties came to an interim agreement in December after months of talks.

Roiss said the temporary agreement, backdated to April 1, 2013, was still linked to oil prices, which have outpaced gas prices. "It has substantially improved but we're not where we want to be," he said.

OMV shares were up 0.8 per cent to 31.58 euros by 1141 GMT, outperforming a flat European oil and gas index. – Reuters
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Released:  05/02/20142014-02-05
Word count:  124

A group of Tunisian businessmen were this week in Misrata to investigate the potential for business and setting up operations there.

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Libya herald
They were accompanied by Tunisia’s ambassador to Libya, Redha Bukadi, and a delegation that included the Embassy’s Commercial Attaché, Lutfi Shalli, and the Foreign Affairs Attaché in charge of Economic Matters, Fareed Almashriqi.

The group was received by the President, the General Manager and members of the local Libyan Businessmen Council. It visited Misrata Free Zone where it was briefed on how it operates as well and the facilities and privileges granted by the Free Zone to investors.

The delegation also visited the industrial zone and in particular private sector factories in the field of paints and coatings. During the visit, a number of potential investments as well as aspects of cooperation, trade exchange and ways to strengthen economic ties were discussed.  
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Released:  05/02/20142014-02-05
Word count:  153

Libya has instituted a court action against US financial group, Goldman Sachs, in a bid to recuperate funds, estimated at more than US$ 1 billion, and to seek the reimbursement of premiums that the government paid to the bank for its services, PANA reported from the Libyan capital

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African manager
In a communique issued Monday, the Libyan Sovereign Fund said it had taken the matter to a London High Court to obtain the cancellation of the transactions and the reimbursement of parts of the investment that allowed the US bank to realize important benefits to the order of US$ 350 million on the said transactions.

The Libyan Fund accused Goldman Sachs Bank of having encouraged it to invest in transactions without any interest for it.

The Libyan Fund, created in 2006 to manage the oil revenue of the country, also accuses the US bank of taking advantage of the little experience of its officers to have them enter into “insufficiently documented transactions.”

According to the Fund, that is worth US$ 60 billion, the US bank exploited “the weakness of the Libyan investment power to encourage it to take shares in Citigroup and Electricite de France (EDF) in a bid to realize benefits estimated at US$ 1 billion.  
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Released:  05/02/20142014-02-05
Word count:  243

GIALO, LIBYA, Feb. 4, 2014 -- A 600 m3/day reverse osmosis (RO) water plant, provided by Zulal Water Technology (Zulal), was recently commissioned at Waha Oil Company's (WOC) Gialo field located in Tripoli, Libya.

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Water world
The Gialo plant is part of a wider EPC project awarded to Zulal in 2013 to replace WOC's existing GE-Ionics plants at Gialo, Waha Waha and Es-Sider fields. Zulal has been working at all three sites concurrently in an effort to execute the project in the shortest timeframe possible and expects to commission the remaining two plants during the first quarter of 2014. Likewise, the faciity was completed in only nine months on a full turnkey basis.

The scope of works included civil works; water plant building; electricals; design, installation and commissioning of the RO plant; tie-ins; and provision of stand-by equipment. The RO plant was manufactured in the Netherlands to the highest standards using the latest technologies and components, and extensive training has been provided to WOC engineers in both Amsterdam and at site. Further, the plant is producing excellent quality of water and should provide the people at Gialo field with a reliable supply for many years to come.

About Zulal Water Technology Zulal Water Technology is a Libyan registered Company with headquarters in Tripoli, primarily focusing on turnkey Libyan Water & Waste Water solutions. The company engages in an effective team process with its clients, to incorporate their requirements and technical needs, when working on a project keeping in view the Libyan conditions. It offers a complete turnkey package inclusive of design, planning installation and commissioning together with full operation and maintenance for all our plants. For more information, visit www.zwt.ly/
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Global Aviation & Services Group (GASG) and SkyLink Aviation Inc. has signed an agreement on combining SkyLink’s global reach and GASG’s local expertise and experience, to build and enhance aviation related business in Libya.

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Libyan investment
SKYLINK brings over 25 years aviation experience in 75 countries doing airlift, passenger and cargo charters, medical evacuation, ground operations in remote sites and camp management, aircraft fuel supply of JET A1 and AVGAS.

Global Aviation and Service Group (GASG) a privately owned airline, proudly completed its 10 years of operation meeting all applicable standards and acquired its first LIBYAN Air Operator Certificate on January 4, 2006 ( A.O.C ) as an international cargo and passenger airline. GASG is currently operating from Tripoli to Ostend, Dubai and Istanbul to provide dependable, comfortable and safe air transportation to its clients, along with aviation related services.

SkyLink’s President & CEO Mr. David Dacquino said, “We are very proud to work side by side with the Global (GASG) team in this important national air transportation initiative which is key to attracting international business & Investment to Libya.”

GLOBAL’s Chairman Capt. A. Aradi said, “The relationship with SkyLink spans at least a decade and our combined capabilities will bring vital aviation services to the new Libya. This completely changes the level of quality and safety.”

SkyLink’s Senior Vice President of Operations & Project Support Mr. Praskash Noronha added, “I am very excited that after a decade of being involved personally with aviation services in Libya, we will achieve this upgraded standard which will be extended to the commercial & oil & gas industry critical for new Libya’s growth.”  
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Released:  04/02/20142014-02-04
Word count:  102

Maltese engineering services company Motherwell Bridge has been appointed representative in Libya and Malta for German tool-maker Hoffmann Group.

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Libya herald
For Hoffman, which last year increased its turnover last year by 10 percent to almost €1 billion, this is its first venture into the Libyan market.

Under Libyan regulations, non-Libyan firms cannot act as agents for a foreign company. However, that does not apply in this case as Motherwell Bridge, through its involvement in Malta-based Hili Company, has a local Libyan partner and a local office in Janzour.

Munich-based Hoffmann makes some 55,000 different types of tools and machinery from small screwdrivers to highly specialised industrial and pharmaceutical tools and workshop accessories. The company sees Libya as a “market opportunity” which it wants to develop.
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Released:  03/02/20142014-02-03
Word count:  80

Tripoli Food & Pack Show is a premier trade fair for food and food technologies and packaging machinery industry in Tarabulus. The event provides the unique opportunity to meet all the professional form related industry under one roof.

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Exhibitor Profile

Profile for exhibit includes Meat & Meat Products, Alcoholic & Nonalcoholic, andy Products, Oil & Oil Products, Chocolate, Biscuits, chewing gum & Gofret Products, Vegetables & Natural Products, Milk & Dairy Products, Fish & Fish Products, Raw materials & semi-products of Article, Packaging Materials, Packaging & Packaging Accessories, Packaging Machinery & Equipment, Food Packaging, Packaging Production Machines.

Venue Information Tripoli International Fairground Omar Muktar Street Tripoli, Libya

Organizer Senexpo International Fairs Inc.

Hurriyet Mah. Dr. Cemil Bengu Cad. No. 103, K.1 D.1 Turkey

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The Ministry of Transport has invited the private sector to participation in establishing a public bus system.

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Libya herald
Speaking at a seminar organised last Wednesday in Tripoli by the Tripoli Chamber of Commerce, Abdulrizag Al-Houd, Deputy Transport Minister for Roads and Land Transport made a presentation on a proposal for a private sector or a PPP nationwide public bus transport system.

The seminar on Libya’s land, air and maritime transport sectors was attended by the three Deputy Ministers for Land, Air and Maritime Transport, members of the Chambers of Commerce, the business community and specialists in the various transport sectors.

The aim of the seminar was to identify the barriers to the improvement of Libya’s transport sector and provide suggested solutions in line with the country’s target to diversify its economy away from the hydrocarbon sector and through the private sector.

During his presentation, Deputy Transport Minister Al-Houd said that it was very important that there is “an introduction of a public transport culture” that had been missing in Libya for decades. However he was stressed that public buses did run successfully in Libya even in the early 1970′s. Al-Houd noted that in many other countries it was the private sector that invested in public transport, and therefore there was no reason why this could not be replicated in Libya.

The Minister said that his Ministry is proposing a pilot project of a public bus system in one of Libya’s cities. This proposal was based on an extensive study based on visits to numerous countries and bus factories in order to gather information.

Al-Houd noted that if Libya was indeed to host the 2017 African Cup, initiating a public bus system was an important target. Answering comments from the participants, the Deputy Minister agreed that a good public bus system needed a good road system, however he felt that Libya could not wait for either to be fully developed first, but had to push ahead on all fronts simultaneously.

Participants highlighted the need for a total transport system which needed to start with master planning, which needed to cover all land, air and maritime transport, if Libya was to leverage its transport infrastructure in order to activate a diversified economy to augment its hydrocarbon sector.

In conclusion it was decided to create three specific committees; land, air and maritime transport committees to liaise with the Ministry of Transport on moving the sector forward.
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Released:  03/02/20142014-02-03
Word count:  337

Irish live sheep exports almost doubled to approach 70,000 head in 2013, and the new market of Libya is proving key. This is according to Declan Fennell, meat division of Bord Bia.

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Agriland
Seventy per cent of this trade was destined for the EU, he outlined in its latest Food Alert, with Germany (16,137 head), Italy (11,108 head) and France (10,964) being the core markets. In a new development in 2013, Ireland exported 21,400 live sheep to the North African market of Libya, which is proving a key for this market, he said.

In the context of EU live sheep exports, a total of 1.2 million head were exported in the first eight months of 2013. This live trade was dominated by Romania (781,000 head), Spain (295,000 head) and France (31,000 head), with Ireland emerging as the fourth largest EU exporter, he added.

“The vast proportion of live trade to these non-EU markets consisted of adult sheep, mainly culled ewes. It is understood that the vast majority of live exports are for immediate slaughter, hence the heightened demand around the Muslim festivals such as Ramadan.”

The Bord Bia expert noted that in the past two years, there has been a major shift in trade, with EU live exports to Turkey almost ceasing. “Instead, it is now Libya which is driving EU exports. Interestingly, demand has surged in Libya since the fall of the Gaddafi regime in 2011. Back in 2009, almost 29,000 live sheep were exported into Libya; this compares to a staggering 845,000 head in the period January to August 2013.”

With a clear shortage in domestic production relative to market demand, Libya has emerged as an important market for the EU, he said. “However, one word of caution should be noted on a growing instability and turmoil in this market. With a reduction in oil exports, the economy is undergoing severe pressure to curb current spending and public sector employment. It remains to be seen how it will impact on trade.”

Libya was a valuable market for Irish live cattle exports in the past, taking 81,420 cattle valued at more than €70m in 1995. However, in 1996 Libya banned beef imports from the EU because of the BSE outbreak. Its ban was lifted last year and trade with Ireland once again commence after a 17-year gap.
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The General Company for Electricity (GECOL) for extension of the period presentations referred

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General Electricity Company of Libya (GECOL)
The General Company for Electricity (GECOL) for extension of the period presentations referred to below by asking open tender on :

the establishment of seven (7) fuel tanks in each of the stations Benghazi north - Musrata - Alkhums - Alhira and until the date of 15.02.2014  
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The bank instrument can be use for purchase of goods from any manufacturer irrespective of their location. It can also serve as collateral with any bank in the world to secure loan for your project or to establish line of credit with your bank. We offer Bank Guarantee , all are issue from AAA Rated bank such as Deutsche Bank, HSBC Bank, UBS Zurich, Barclay's Bank , Standard Chartered Bank E.T.C. For more information, Endeavour to contact me as your convenient time.

All relevant business information will be provided upon request. If Interested kindly contact me via Email:~ Mr. Bernard butty Email: leasebutty.bg@gmail.com

bernard butty
8 months ago

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The bank instrument can be use for purchase of goods from any manufacturer irrespective of their location. It can also serve as collateral with any bank in the world to secure loan for your project or to establish line of credit with your bank. We offer Bank Guarantee , all are issue from AAA Rated bank such as Deutsche Bank, HSBC Bank, UBS Zurich, Barclay's Bank , Standard Chartered Bank E.T.C. For more information, Endeavour to contact me as your convenient time.

All relevant business information will be provided upon request. If Interested kindly contact me via Email:~ Mr. Bernard butty Email: leasebutty.bg@gmail.com

bernard butty
8 months ago

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Released:  31/01/20142014-01-31
Word count:  224

KARACHI: Welcoming the offer of investment in Pakistan by Libya, Finance Minister Ishaq Dar said that the huge market and potential in Pakistan presents a unique opportunity to investors and assured of transparency and zero tolerance for corruption.

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Daily times
He stated this during a meeting with Libyan Foreign Investment Company Managing Director Khaled Amr E Algonsel at the Finance Ministry on Thursday. During the meeting they discussed issues of bilateral economic interest. The finance minister said, “Pakistan and Libya enjoy close relations and there was a great potential of expansion of trade between the two countries.”

The Libyan delegation evinced keen interest in making further investments in Pakistan specially in public sector entities being disinvested by the government of Pakistan.

The Libyan delegation also praised the financial sector in Pakistan was very developed and therefore desired that the Libyans be trained in this field by institutions in Pakistan.

The finance minister welcomed the interest shown by the Libyan government in making investments in Pakistan and said that the government was prepared to impart training to improve the capacity of Libyans in the financial sector. He further said that Pakistan had embarked on a plan to impart skills for use of its manpower according to the specific requirements of Middle East including work on transmission lines and oil industry.

The meeting was also attended by Pak-Libya Holding Co (Pvt) Ltd Chairman Bashir Blkasm Omer, MD/CEO Abid Aziz, D MD Khalid St Benrjoba, Adviser to Finance Division Rana Asad Amin, Finance Secretary Dr Waqar Masood Khan and senior officials of the Ministry of Finance.
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