No Result
View All Result
Saturday, December 6, 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

LBC opens its Eastern Region branch at its new Benghazi location

Egypt Real Estate Exhibition launched in Benghazi

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

CBL receives results from meetings with international banks
Business

Latest CBL stats to November 2025 show significant growth in Libya’s electronic banking sector

December 6, 2025
Nine deaths and 16 injured in Tajura state-recognised militia clashes
Libya

Overnight Zawia clashes end with civilian injuries and unconfirmed deaths

December 5, 2025
Interior Ministry’s Diplomatic Missions Protection personnel receiving training in Ukraine
Libya

Three million illegal immigrants in Libya, 75 % of whom are families, constitute ”settlement” which Libyans reject – illegally transfer US$ 7 billion annually: Interior Minister Trabelsi

December 4, 2025
EU to end Operation Sophia and to launch new Mediterranean operation to monitor UN Libya arms embargo
Libya

EU concludes Rome consultations with Libyan institutions on new migration and border management programme

December 4, 2025
Interior Ministry’s Diplomatic Missions Protection personnel receiving training in Ukraine
Libya

Libya’s National Programme for the Deportation of Illegal Immigrants: thousands repatriated with aim to repatriate 60,000 per month

December 3, 2025
ICC upholds admissibility of Saif Qaddafi’s trial
Libya

Libyan national Khaled El Hishri wanted for crimes against humanity and war crimes surrendered by Germany to the custody of the International Criminal Court  

December 2, 2025
Next Post

Detained Qaddafi law officer released in Tunisia

Police nab Egyptian trucks with rotten food

libyaherald-Ads

Top Stories

  • Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower

    Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower

    0 shares
    Share 0 Tweet 0
  • AmCham Libya organizing Second AmCham Pavilion at Tripoli’s 2026 Libya Energy & Economic Summit (LEES)

    0 shares
    Share 0 Tweet 0
  • Libyan Ministry of Oil and Gas and Algeria’s Sonatrach discuss enhancing cooperation in the sector

    0 shares
    Share 0 Tweet 0
  • Libya needs over one million housing units over next 10 years costing over 200 billion dinars

    0 shares
    Share 0 Tweet 0
  • Three million illegal immigrants in Libya, 75 % of whom are families, constitute ”settlement” which Libyans reject – illegally transfer US$ 7 billion annually: Interior Minister Trabelsi

    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

Zueitina Oil and Gas Co. launches Second Injection Unit – increasing production by 8,000 barrels per day

Latest CBL stats to November 2025 show significant growth in Libya’s electronic banking sector

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.