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Archive for July 24th, 2013

Posted by admin On Jul - 24 - 2013 0 Comment

23/07/2013 With an estimated 95.5% real GDP growth, Libya’s economy experienced a major rebound in 2012. This is not due, however, to an overall rise in productive economic activity but is mainly a result of the resumption of oil production as well as of the low base from which the economy started off in 2012. African Economic Outlook said that  [ Read More ]

Posted by admin On Jul - 24 - 2013 0 Comment

By Marie-Louise Gumuchian TRIPOLI | Tue Jul 23, 2013 A rocket-propelled grenade struck a residential building near a tower housing several foreign embassies and a major hotel in the Libyan capital on Tuesday, witnesses and a security source said. There were no reported injuries in the incident in which a balcony of a residential block was charred and holed, a  [ Read More ]

Posted by admin On Jul - 24 - 2013 0 Comment

By Zainab Fattah – Jul 24, 2013 Mediterranean Investments Holding Plc, a Malta-based developer, is considering a 100 million-euro ($132 million) share sale in London to fund homebuilding in Libya while holding talks with private investors. The company, owned by the Corinthia Group and Kuwait’s National Real Estate Co., has purchased land in the northwestern town of Janzur and plans  [ Read More ]

Posted by admin On Jul - 24 - 2013 0 Comment

By Houda Mzioudet. Tripoli, 23 July 2013 The ongoing drive to identify nameless bodies from both the revolution and the Qaddafi era is getting a boost from the South Korean government, which is building a new forensic centre in Tripoli. “This is a response to a request for help made by the Libyan government in November 2011,” an official at  [ Read More ]