A new shopping mall just opened in Benghazi this week. Libya Mall with its five floors and 30.000 squared meters is one of the biggest shopping malls in Africa today. Inside, there are more than 100 brands,10 restaurants and a 200-car parking lot.
The Minister of Economy and Trade of the Government of National Unity, Mohammed Al-Huweij, stressed the importance of developing a plan to diversify Libya's national economy, with special attention to transit trade and free zones.
Claudio Descalzi,CEO of the Italian ENI,during the Mediterranean Dialogues Forum has announced new oil and gas discoveries in Libya.ENI is currently discussing with its Libyan partner new projects to start soon.
The CEO of Irish Ryan Air, Michael O'Leary, the largest airline in Europe in terms of the number of passengers is talking with the authorities in Libya regarding operating flights to the country for the first time.
Such deal will reopen the Libyan skies to the world and give all Libyans to move anywhere in the world without the bottlenecking of Tunis and Istanbul hubs.
The Chairman of the Libyan National Oil Corporation (NOC) Farhat Bengdara said he had agreed with Italian oil company Eni and United Kingdom's company British Petroleum (BP) to start a new exploration project for natural gas in the Mediterranean, a field that is similar to Dahr field in Egypt but with larger reserves.
A night to remember and think about a better future in Tripoli. The 1st Marcus Aurelius Arch Awards with the performance of Khoms National Day,
The first edition of Tripoli Carnival for Shopping and Entertainment was held on Sept 30th-Oct 6th.
Fathi Mohammed,Head of the Project Department at Railwas Authority has declared the resumption of the implementation of three railway lines that have been suspended since 2011.
The estimated projects are the Ras Ajdir-Sirte line with a length of 600 km, the Sirte-Benghazi line with a length of 500 km, and the Al-Heisha-Sabha line with a length of 800 km, in addition to the design of the Benghazi-Tobruk railways with a length of 450 km, and Tobruk-Musaid with a length of 144 km.
Transport projects, flight routes, and navigation lines are strategic subjects for the economy of a country. I strongly believe in the statement of the French economist Frederic Bastiat in the XIX century:
when goods do not cross borders, soldiers will....
For Libya, the reopening of commercial routes with Europe and the rest of the world will end a sort of social embargo. Welcome to the new flights from Malta and soon, with the reopening of the Egypt Air office in Tripoli, with Egypt, but we need more. Greece is very close to reopening its skies but, we need EU flights as well.
The date for the 2023 edition of the Libya Build has been announced. A new Pavillion of 3800 square meters will be available for the local and international companies willing to enter the market. We believe that an improved political situation and these events like Libya Build will help the Libyan economy to recover and give more prosperity to Libya and the Mediterranean area.
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Prime Minister Abdel Hamid Dbeibah, has given instructions to the Ministry of Transport to prepare a definitive timetable for the Tripoli International Airport project.
In the last few days, a meeting between the Italian company that has signed the contract and the government institutions was held in the presence of Ambassador Grimaldi Buccino.
On Sept.17th with the opening of the new terminal at the Misurata Airport, the first flight between Malta and Libya after several years has been scheduled.
The flights will be operated by Libyan Medsky Airways and Malta Med Air.
The Solar Energy Research and Studies Center, in partnership with the General Electricity Company of Libya (GECOL), held on Wednesday a ceremony in Tajoura,to mark the launching of the first phase of the electric power generation project using the solar cell system.The ceremony was attended by many relevant authorities, academics, and research centers, besides the media.
Benghazi will host on Sept.21st-27th, the international friendly tournament marking FIFA International Days.
The national teams of Libya,Uganda and Tanzania will participate at the event.