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LIBYA

Dabaiba takes direct control of ODAC, a major recipient of public funds during the Gaddafi era

Libyan prime minister Abdelhamid Dabaiba has revived ODAC, the state-owned body which oversees major public sector infrastructure projects. It was long headed by his cousin Ali Ibrahim Dabaiba, who is suspected of having misappropriated massive amounts of public funds. [...] (327 words)

Issue dated 12/07/2021 Reading time 2 minutes

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Infrastructures Business

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LIBYA
Abdelaziz Salem Abdelali
Abdelhamid Dabaiba
Ali Ibrahim Dabaiba
Housing and Infrastructure Board
Ibrahim Saleh Taketa
Jamaat Mohamed al-Tarhouni
Libyan Investment and Development Company
Mahmoud Bashir Ajaj
Muammar Gaddafi
Organisation for Development of Administrative Centers
Ramadan Abu Janah
University of Tripoli

Tripoli enrolls Holland & Knight and Baker & Hostetler in NYC suit against top banks Free

LARMO, Libya's public agency in charge of recovering Libyan funds abroad, has called on law firms Holland & Knight and Baker & Hostetler to summon eight banks in New York in a bid to recover billions of dollars in missing assets, allegedly embezzled under Gaddafi's regime. [...]

LIBYA Business 05/11/2021

Turkish construction firm Sembol back in business in Tripoli

The Sembol Construction company founded by Fettah Tamince, a close associate of Recep Tayyip Erdogan, has resumed work on the Bab Tripoli 2 project, which was halted in 2011. Tamince knows the capital well as he owns one of the leading hotels there. [...]

LIBYA Business 01/10/2021

Spain's Arena leverages ties with Ammar al-Saudi clan into major contracts

When it comes to landing major infrastructure contracts in Libya, Spain's Arena Newman can rely on the networks of Ali Mohamed Saudi, the head of its local subsidiary and son of the star banker of the Gaddafi era, Abdullah Ammar al-Saudi. [...]

Lybian Prime Minister Abdelhamid Dabaiba. © Donatella Giagnori/EIDON/MaxPPP

Spotlight

LIBYA Politics 28/07/2021

Dabaiba reboots private investigators chasing Gaddafi loot

Prime Minister Abdelhamid Dabaiba took control of the institutions tasked with identifying and recovering the massive amounts of money misappropriated during the Gaddafi era. And since the beginning of his term in office, he has also contacted some of the private investigators who had offered their services to previous Libyan governments. [...]

LIBYA Diplomacy 21/07/2021

Foreign Minister Najla al-Mangoush's job on the line as heavyweights seek to oust her

Prime Minister Abdelhamid Dabaiba, Presidential Council number two Abdullah al-Lafi, and Libya's Muslim Brotherhood leader Ali Sallabi are all hoping to cut short Mangoush's term of office. She does however retain US support. [...]

Libyan foreign minister Najla Al Mangoush. © Khaled Elfiqi/EPA/Newscom/MaxPPP

Ali Mahmoud Hassan, head of the LIA. © lia.ly

Spotlight

LIBYA Politics 02/07/2021

One billion dollars keeps Ali Mahmoud Hassan at LIA helm

The chairman of Libya's sovereign wealth fund will remain in office in exchange for a payment of one billion dollars to the government. The money is a godsend for Prime Minister Abdelhamid Dabaiba, who may also be able to place his allies in the fund's subsidiaries. [...]

Spotlight

LIBYA Business 23/06/2021

Dabaiba takes asset hunt under his wing - to protect family

Libya's prime minister Abdelhamid Dabaiba has taken control of LARMO, the office charged with tracing millions of dollars worth of assets embezzled under Gaddafi's rule. The investigation points to state bodies LIDCO and ODAC, headed at the time by Dabaiba himself and his cousin Ali Ibrahim Dabaiba. [...]

TUNISIA Business 31/05/2021

Tunisian PM returns from Tripoli talks almost empty-handed

The Tripoli economic forum gave businessmen from Tunisia and Libya a chance to network and get in on Libya's reconstruction business. But in terms of signed contracts, the gathering turned out to be a disappointment. [...]

Libyan Prime Minister Abdelhamid Dabaiba (r) received his Tunisian counterpart Hichem Mechichi in Tripoli on 22 May. © Mahmud Ahmud Turkia/AFP

Inner circles

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. [...]

Receive free prompts for these topics

LIBYA
Abdelaziz Salem Abdelali
Abdelhamid Dabaiba
Ali Ibrahim Dabaiba
Housing and Infrastructure Board
Ibrahim Saleh Taketa
Jamaat Mohamed al-Tarhouni
Libyan Investment and Development Company
Mahmoud Bashir Ajaj
Muammar Gaddafi
Organisation for Development of Administrative Centers
Ramadan Abu Janah
University of Tripoli

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