“Nobody touches Libyan funds until there is a constitution and an elected government!” Omar Khattaly explains why UN should prevent the thawing of LIA assets abroad

By Vanessa Tomassini. While protests rage in Libya over dire economic situations and widespread corruption of state officials, on August 4, Ali Mahmoud Hassan Mohamed, chairman of the Libyan Investment Authority (LIA), following consultations with the head of Presidential Council of the Government of National Accord (GNA) Fayez al-Serraj, announced […]

Turks, Europeans Lead Charge On Libyan Investment

By Peter Kenyon Originally published on November 9, 2011 5:53 pm Libya may be months from a new government, but the still-infrequent international flights to Tripoli are packed with businesspeople looking to land contracts with this oil-rich North African state. The Turks and Europeans appear to be moving quickly, while […]

French State Minister for Foreign Trade Pierre Lellouche (center) led a delegation of French business leaders to Tripoli in October. European and Turkish companies have been active in pursuing contracts with the new Libyan government. Lionel Bonaventure/AFP/Getty Images

Turks, Europeans Lead Charge On Libyan Investment

Peter Kenyon Libya may be months from a new government, but the still-infrequent international flights to Tripoli are packed with businesspeople looking to land contracts with this oil-rich North African state. The Turks and Europeans appear to be moving quickly, while the Americans seem to be several steps behind. On […]