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William Ruto's new order

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LIBYA

Mahmoud Sgoutri and Abdelhamid Dabaiba lend Turkey's Karanfil a helping hand

With the construction of a plant to make prefabricated concrete in Misrata, the Turkish firm Karanfil is hoping to carve itself out a big niche in the Libyan reconstruction market. This venture owes much to Murtaza Karanfil's ties with the new prime minister Abdelhamid Dabaiba and with the mayor of Misrata, Mahmoud Sgoutri. [...] (598 words)
Issue dated 26/02/2021 Reading time 3 minutes
Business

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LIBYA Business 15/01/2021

Who really controls Misrata Free Zone, Libya's vital business platform? 

The Misrata Free Zone, a true state within a state, is both the port of entry to the Libyan market and the bastion of entrepreneurship in the war-torn country. Since September, this potent business hub prized by those fighting for control of the country has been led by Mohsen Sgoutri, whose powerful network allows him to stand up to the Tripoli government and develop his own business diplomacy, especially towards Turkey.

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