Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Egyptian firms plot return to Libya

Egyptian firms plot return to Libya

AHMED ISMAIL  EGYPTIAN firms are eyeing a revival of business in Libya where a new government is starting work to rebuild the nation on Egypt's doorstep that was shattered by a decade of fighting and chaos. Before 2011, when Libya slid into conflict, the oil-producing nation was a lucrative market for Egyptian exporters, contracting companies and workers. It was particularly attractive for businesses involved in food and construction. With a new U.N.-backed unity government in place, Egyptian firms are looking at reconstruction opportunities to make a return, although executives say security and logistical issues, alongside a fragile economy, still present…
Read More