Libyan Stock Exchange: 1-2% Foreign Investment
Dr. Ahmed M. Karoud, General Manager of Libyan Stock Market, talks about foreign investment in Libyan stock exchange and challenges associated with investing in Libya.
Libyan Stock Market: Slow Foray into Privatization
Dr. Ahmed M. Karoud, General Manager of Libyan Stock Market, talks about the inception of the capital markets in Libya. The history of the stock exchange in Libya goes back to 2007 when a re-engagement of Libya with the international community began. The Libyan Stock Exchange was founded on the need for privatisation and enterprise, letting capitalism take its own course.
Libyan Water Projects: An Overview of the Major Water Investment Projects in Libya
Eng. El-Hadi S. Hensher, Minister of Water Resources of Libya, talks about the ministry of water resources and investment projects.
Libya to Spend LYD 1.5 billion on ICT Investment Projects in 5 Years
In 2013 two major contracts for the modernization of the two mobile operators are signed. For Libyana the estimated costs of the upgrade is LYD 230-250 million and approximately the same amount for Almadar, the second largest mobile operator in Libya. Eng. Usama Siala, Minister of Communications and Informatics of Libya, explains the telecom investment road-map for 2013-2014.
The Third Licence in Libyan Telecom Depends on the New Law
Today the Libyan telecom space is operated by a state monopoly holding that has grip on voice, data and international gateway. Eng. Usama Siala, Minister of Communications and Informatics of Libya, talks about specific problems of introducing the 3rd licence (3rd mobile operator) to the market.
Independent Telecommunication Regulator: A Priority for the Ministry of Telecommunication in Libya
Eng. Usama Siala, Minister of Communications and Informatics of Libya, talks about the new telecommunication law and independent telecom regulatory authority. According to Siala, the priority of the ministry is to promulgate the new telecom law that would allow for an independent TRA and greater involvement of the private sector in the telecom industry.
National Oil Corporation: Libya will be Producing Oil for Another 50 Years
Dr. Nuri A. Berruien, Chairman of the Board of National Oil Corporation (NOC), discusses the future for National Oil Corporation, the largest oil company in Libya. With the fall of the Qaddafi regime, “For the first time, we have been operating differently from the past. NOC has greater independence, unlike in the past under the old regime when the government would interfere with the industry and make dictates that are not conducive to a good business environment. This is all gone,” explains Dr. Berruien.
Oil in Libya: Production to Reach 2 million Barrels by 2015
Dr. Nuri A. Berruien, Chairman of the Board of National Oil Corporation (NOC), talks about oil in Libya and oil production in Libya. According to Dr. Berruien, “National Oil Corporation has technically exceeded 1.6 million barrels of oil per day but in actuality we are averaging about 1.5 million barrels of oil per day because of some strikes which are affecting our oil production levels. We have established the capability to produce more than 1.6 million and hopefully by the end of the year, we will be close to 1.7 million barrels per day of oil.”
ALMADAR Libya: Strategy for Libya and CRS
Abdulla A. Abouda, General Manager of ALMADAR Libya, discusses the corporate strategy and the CRS.
Telecom Sector in Libya: History and Recent Developments
Abdulla A. Abouda, General Manager of ALMADAR Libya, discusses the telecom sector and the background. According to Abouda, Libyan telecom sector is still — to large extent — controlled by the government through the holding company.