Top Ten Largest Companies in Libya
Top Ten Largest Companies in Libya | Leading Companies in Libya
Marcopolis.net presents a list of ten leading companies in Libya.
imported 2024-03-17 17:43:07
Top Ten Largest Companies in Libya | Leading Companies in Libya
Marcopolis.net presents a list of ten leading companies in Libya.
Best Hotels in Libya
Marcopolis.net presents the best hotels in Libya.
Investment Companies in Libya | Largest Investment Companies in Libya
Marcopolis.net presents top oil companies in Libya.
Libya holds billions of dollars in assets in Africa through subsidiaries of its US $70 billion sovereign wealth fund. Most of the assets were frozen as a result of the 2011 uprising. Libya is one of the largest investors in Africa.
Some assets continue to be frozen.
Largest Industrial Companies in Libya
Marcopolis.net presents largest industrial companies in Libya.
Major industrial companies in Libya are controlled by the Ministry of Industry. There are 9 companies that are directly owned by the Ministry and there are also some other companies belonging to other sectors, including the Ministry of the Economy and the Investment Fund.
Largest Airports in Libya
Marcopolis.net presents largest airports in Libya.
Libya’s civil war in 2011 has crippled the country’s transportation sector. Prior to the revolution Libya was on track to modernize its infrastructure and airports. There are about 26 airports in Libya of which 3 are international.
Top Airlines in Libya
Marcopolis.net presents top airlines in Libya.
The civil war in 2011 has crippled the transportation sector and airlines in Libya. Libya is home to 2 national airlines; the larger and older Libyan Airlines and newer Afriqiyah Airways, which was originally established to bridge Africa with Europe.
Largest Internet Service Providers (ISPs) in Libya
Marcopolis.net presents largest internet service providers (ISPs) in Libya.
The ministry of communication is planning to create a network and infrastructure to target around 4 million subscribers at Almadar and 6 million subscribers at Libyana. The forecast is at least a 15 to 20% minimum increase in the internet penetration rate and they are targeting to reach at least 50 to 60% by the end of 2014. According to Libya Herald, “At present only 5.5% of the population in Libya have internet access and this is one of the lowest penetration rates in the Middle East and North Africa.”
Top Telecom Companies | Largest Telecoms in Libya
Marcopolis.net presents top telecom companies in Libya.
Economic activity is expected to show some recovery in 2012, concurrent with an improvement in the security situation. Crude oil production has exceeded 1 million barrels per day as of early 2012, and is expected to reach pre-conflict levels in 2014. Non hydrocarbon GDP is expected to recover by 2012, driven mainly by construction.
Top Banks in Libya
Marcopolis.net presents top banks in Libya.
Prior to the 2011 revolution that resulted in the overthrow of long-term dictator, virtually the entire banking sector in Libya was dominated by the state-run banks, with partial privatization of Sahara Bank and Wahda Bank. After the revolution, the banking sector in Libya still dominated by the state-owned banks.
Top Oil Companies in Libya
Marcopolis.net presents top oil companies in Libya.
Oil and Gas sector (hydrocarbons) have been dominating the Libyan economy and will continue to do so. Libyan oil and gas sector accounts for more than 70% of the GDP, more than 95% of exports and approximately 90% of government’s revenues.