Libya News

Economic and Social Fund of Libya to Play Critical Investment & Advisory Role , the Islamic Investment Bank renowned for the conception of world class economic infrastructure initiatives has today unveiled the master plan for Energy City Libya. The US$...

The ship, Al-Marwa, sailed instead to a port in neighboring Egypt. It left Libya last Monday, carrying 3,000 tonnes of food, medicine and other aid. A Libyan ship trying to deliver aid to the Hamas-controlled Gaza Strip on Monday turned...

Libya is seeking a stake in Italian energy giant ENI, an Italian government statement said Saturday. "The Libyan government has indicated to the Italian government an interest in acquiring... a share in the capital of ENI," the statement said. The...

Huntsman Corp., the chemical maker that allowed Apollo Management LP to cancel its buyout, received its final $425 million settlement payment from the firm. The money was the last of $1 billion Apollo was required to pay to settle claims...

Up to two percent of the world's income, or 1.2 trillion dollars, should be spent on reviving the global economy, the head of the International Monetary Fund said in Tripoli on Monday. Dominique Strauss-Kahn, the fund's managing director, called for...

Nearly two decades after the bombing of Pan Am flight 103 over Lockerbie, Scotland, the families of the 180 Americans aboard the plane said Thursday they had received full compensation from Libya for the loss of their loved ones.

The clash happened in the early hours of Friday, in the predominantly Sunni area of Bab al-Tabbaneh. There have been frequent outbreaks of violence in Tripoli in recent months between rival Sunni and Shia gunmen. The city has also been...

announced it has received the $325 million termination fee provided for in the Merger Agreement between Huntsman and Hexion Specialty Chemicals, Inc. Hexion committed to pay the termination fee in connection with the previously announced $1 billion settlement between Huntsman...