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Libya Business News, Entertainment and Technology News

Travel: Tobruk, Scene of Heroic WW II Battles, Becomes Popular ANZAC Pilgrimage

LOS ANGELES, Calif. -- Libya Expeditions, Libya's leading tour operator and travel adventure specialist, celebrates the storied tale of courage, honor, and comradeship during...

Spurred by Popular Demand, Mediterranean Cruise Operators Sail to Libya En Masse

LOS ANGELES, Calif. -- Libya, long shrouded in mystery, has exploded in popularity in recent years amongst adventure enthusiasts and garnered intense attention from...

Leading Libya tour operator showcases Libya's timeless classical ruins – Roman and Greek heritage

LOS ANGELES, Calif. -- Libya Expeditions, Libya's leading tour operator and travel adventure specialist, brings Libya's majestic Roman and Greek treasures to life with...

Leading Libya Travel Operator Unveils Fascinating Sahara Journeys

LOS ANGELES, Calif. -- Libya Expeditions, Libya's leading tour operator and travel adventure specialist, today announced the addition of two highly anticipated Libya desert...

Phoenicia Group and CapRock Communications Enter Strategic Alliance to Tap Libya VSAT Market

TRIPOLI, Libya -- Phoenicia Group, the leading U.S.-Libyan diversified business and consultancy group, today announced a strategic alliance with CapRock Communications to provide end-to-end VSAT connectivity products and solutions to the oil and gas industry in Libya. VSAT, or Very Small Aperture Terminal, is a satellite based communications system.

Libya Opens Up to Foreign Investment – Strongly Supports National Private Sector and FDI

Phoenicia GroupTRIPOLI, Libya -- According to Phoenicia Group, the leading U.S.-Libyan diversified business and consultancy group, and a strategic partner to several multinational corporations in Libya, business confidence has reached an all time high among the Libyan private sector and foreign companies looking to invest in Libya, a result of astute government policies in streamlining the business and legal regulatory framework and government support of private sector and entrepreneurial growth.

Phoenicia Group Rolls Out BGAN Satellite Internet Technology in Libya

Phoenicia GroupTRIPOLI, Libya -- Phoenicia Group Libya LLC, the leading U.S.-Libyan diversified business and consultancy group, today announced plans to offer BGAN satellite Internet solutions to corporate and government clients across Libya, marking the deployment as the first time the technology will be used in the country.

Libya Plans Ambitious Tourism Makeover; Phoenicia Group Predicts Free Zones Will Spur Investment

Phoenicia GroupTRIPOLI, Libya -- According to Phoenicia Group, the leading U.S.-Libyan diversified business and consultancy group, tourism infrastructure development is being given national priority by the Libyan government, with the Libyan Economic Development Board, a policy result of the National Economic Strategy, tasked with steering the far ranging initiative.

Libya Faces Oil Rig Shortages, Calls on National Participation in Oil Servicesm says Phoenicia Group

Phoenicia GroupTRIPOLI, Libya -- According to Phoenicia Group, the leading U.S.-Libyan diversified business group, which is a strategic partner to key U.S. and international companies in Libya, Libya is suffering from an acute shortage of oil drilling and work over rigs, significantly delaying exploration programs of oil majors prospecting in the North African country.

Phoenicia Group Introduces Libya Fund; Launches Breakthrough Libya-Focused Private Equity Fund

Phoenicia GroupTRIPOLI, Libya -- Phoenicia Group Libya (www.phoenicia.ly), the leading U.S.-Libyan diversified business and consultancy group, announced today Libu Capital S.A, its dedicated Libya-centered private equity firm offshoot, has secured $95,000,000 in commitments surpassing initial expectations and reaching its first close target for its $300,000,000 Tripoli-based Libya Fund.

Libya Oil Services Sector Booming; U.S. Companies Encouraged To Partner With Libyan Firms

Phoencia GroupTRIPOLI, Libya -- According to Phoenicia Group, the U.S.-Libyan diversified business group, which is a strategic partner to several U.S. and international companies in Libya, business opportunities in the oil services sector is rocketing as E&P majors ratchet up their drilling schedules in Libya's much sought oil fields, with hundreds of wells estimated to be drilled in the next few years.

Phoenicia Group Consolidates Libya Operations; Plans Further Expansion

Phoencia GroupTRIPOLI, Libya -- Phoenicia Group Libya LLC (www.phoenicia-group.net), the leading U.S.-Libyan diversified business and consultancy group, today announced acquisitions of several Libyan companies in key growth sectors in Libya and spearheading the establishment of Libya's first private equity fund. New acquisitions include Al-Itlala Healthcare Co, a medical services company.

Libya Shakes Up Oil Services and Construction Sectors; Passes Decree Requiring Foreign Companies to Work With Libyan Partners

TRIPOLI, Libya -- According to Phoenicia Group, a decision last month by the General People's Committee, the Libyan equivalent of Parliament, mandating foreign companies in Libya active in the oil services, construction, industry, electricity, communications, transportation, and agribusiness and marine and animal resources sectors, to form Joint Ventures through Joint-Stock companies with Libyan partners.

Libya Seeks U.S. Technology and Partnerships in Energy and Environmental Sectors

TRIPOLI, Libya -- Phoenicia Group Libya LLC, the U.S.-Libyan risk management and business services firm, today announced a two year cooperation and partnership agreement with the Libya-based Environment Friend's Association (EFA), a non governmental organization concerned with safeguarding and preserving Libya's environment.

Phoenicia Group Partners with The Beyster Institute To Bring MEET U.S. Program To Libya

TRIPOLI, Libya -- Phoenicia Group Libya LLC, the U.S.-Libyan diversified business and consultancy firm, today announced its partnership with the Beyster Institute at the Rady School of Management, University of California, San Diego, in organizing and implementing the MEET U.S. Program 2007 in Libya.

More U.S. Companies Joining Trade Delegations to Tripoli as Prospects and Opportunities Brighten

TRIPOLI, Libya -- Officials at Phoenicia Group (www.phoenicia-group.net), a leading U.S.-Libyan risk management consultancy and advisory firm, say U.S.-Libya trade and business confidence has reached an all time high, as U.S. companies show significant interest in learning about doing business in Libya, and as more U.S. businesses opted to join targeted high profile trade delegations visiting Libya this year.

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