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Written by Libya Times
Monday, 28 September 2009 00:00 |
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| Afriqiyah Airways Launched Tripoli-Johannesburg Flights |
| Afriqiyah Airways launched the Tripoli-Johannesburg route on the 19th of September, 2009, which is for any Libyan Airline for the first time has operated in such the longest cross-continent nonstop flight ever. The introduction of the Johannesburg direct flight is the continuation of Afriqiyah Airway's efforts and determination to link African States and Africa with the world.
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Last Updated ( Wednesday, 23 December 2009 15:02 ) |
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Written by AP
Monday, 28 September 2009 00:00 |
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| Libyan fund acquiring stake in Austrian brickmaker |
| IENNA -- Wienerberger AG, the world's largest brick manufacturer, said Monday it has signed an agreement with Libya's state investment authority that will let the North African fund acquire up to 10 percent of its shares. Wienerberger said the move was part of a capital increase aimed at raising at least euro335.8 million ($489.5 million) by issuing nearly 33.6 million new shares. It said the Libyan Investment Authority has agreed not to acquire more than 15 percent of the Vienna-based company without the consent of Wienerberger's board.
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Last Updated ( Thursday, 24 December 2009 15:29 ) |
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Written by Libya Times
Monday, 28 September 2009 00:00 |
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| Libya Allocates 9 Billion Dollars to develop Oil Fields |
| The Libyan News Agency reported that the Libyan Government appropriated 9.9 billion dollars for developing and restoration of 24 oil fields. The decision was taken during discussion of programs of national Oil Corporation concerning exploration, developing of discovered fields, restoration and development of oil and gas production. The financing will be through lending from domestic banks, provided that the Oil Corp manages all operations through national companies or associated companies with no new companies. |
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Last Updated ( Thursday, 24 December 2009 15:16 ) |
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