No Result
View All Result
Wednesday, July 30, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Zeidan says some “economic institutions” will relocate to Benghazi

byNigel Ash
May 20, 2013
Reading Time: 2 mins read
A A

By Hadi Fornaji

Tripoli, 18 May 2013:

The upsurge in violence in Benghazi comes as the government is redoubling efforts to head off . . .[restrict]federalist sentiments in Cyrenaica.  Prime Minister Ali Zeidan is reported by civil society organisations in the city to have repeat his government’s plans to relocate “economic institutions” from Tripoli.

This means principally Libya  Airlines and the National Oil Company.  The LA and the NOC were both  founded and thereafter  headquartered in Benghazi until the Qaddafi era.

Zeidan had travelled to Benghazi after the bomb explosion outside the Jala’a hospital and then flown on to overnight visit to Egypt, where he discussed closer economic cooperation and improve border security. He returned the next day to Benghazi for further discussions with civic leaders.

RELATED POSTS

Libya’s Tika Construction Chemicals company exports another shipment of its Xtreme porcelain tile adhesive and grouting materials to Grenada

“Made in Libya” exhibition to be held in Benghazi from 10 to 13 August

The reported upshot of his two visits to the city, according to civil society organisations, was the assurance on the relocation of the  “economic institutions”. He is said to have gone so far as to ask the Benghazi authorities to select locations to which these organisations could move.

He also apparently gave a green light to the planned Industrial Zone and Exhibition and Fair Ground, two projects which are currently mired in legal disputes over the ownership of land involved.

In April, Economy Minister Mustafa Mohammed Abufunas, told the Libya Herald Business Eye that both these projects were evidence of the government’s commitment to devolving state organisations but added : “Whether these will satisfy Benghazi’s demands for greater economic commitment, which include returning the NOC to the city, remains to be seen.”

A further concession to the city appears to have been Zeidan’s agreement that Benghazi port, which has complained of a lack of investment funds from central government, will be permitted to keep all its revenues for reinvestment in capital projects. It was unclear how long this concession would last.

During one of his meetings, Zeidan is said to have telephoned Minister of Transport Abdel-Qader Mohamed Ahmed and asked him to come to Benghazi. He wanted him to work on the addition of facilities sought by city officials, that were not included in the original contract for the construction of the temporary terminal. [/restrict]

Tags: airportBenghaziLibyaLibyan airlinesNOCportZeidan

Related Posts

Tripoli Defence Minister Namroush takes steps to secure Tripoli after Bashagha alleged assassination attempt
Libya

Tripoli Defence Ministry warns of unspecified precision air strikes against human smugglers and drug traffickers

July 30, 2025
Libyan Ports fees increased by 235 percent to reflect dinar devaluation
Business

Khoms port discusses development with Turkish company Orbitel

July 30, 2025
Seven open heart surgeries at Zliten Medical Centre conducted in collaboration with American Global Cardiac Alliance
Libya

Seven open heart surgeries at Zliten Medical Centre conducted in collaboration with American Global Cardiac Alliance

July 29, 2025
NOC announces force majeure at Zawia port
Libya

NOC launches phase three of its one million tree-planting initiative by end 2026

July 29, 2025
EUBAM delivers first aid medical equipment to Border Guards and Interior Ministry
Libya

EUBAM donates ten advanced handheld X-ray scanners to Narcotics Control Agency and Libyan Customs Authority

July 28, 2025
Indian embassy reopens in Tripoli
Libya

India to send commandos to protect its embassy in Tripoli

July 28, 2025
Next Post

Detained Qaddafi law officer released in Tunisia

Police nab Egyptian trucks with rotten food

ADVERTISEMENT

Top Stories

  • Libya discusses its Trade and Investment Framework Agreement with the U.S.A

    Trump Africa Advisor Boulos arrives in Tripoli – Aldabaiba offers several business incentives

    0 shares
    Share 0 Tweet 0
  • Mellitah Oil and Hill International sign projects management agreement in presence of Trump’s Africa Advisor Boulos

    0 shares
    Share 0 Tweet 0
  • As the Libyan diner plunges in value above the LD 8 per US$ – CBL reveals causes and planned countermeasures

    0 shares
    Share 0 Tweet 0
  • North Africa Bitumen Company explains its choice of Misrata Free Zone as its Libya operations base

    0 shares
    Share 0 Tweet 0
  • NOC signs four memorandums of understanding with Algeria’s Sonatrach‎

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Tripoli Defence Ministry warns of unspecified precision air strikes against human smugglers and drug traffickers

Akakus Oil’s drilling of new H-49 well in Sharara field completed with a production of 1,450 bpd

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.