Showing posts with label Libyan. Show all posts
Showing posts with label Libyan. Show all posts

Tuesday, 15 January 2013

New Old Libya For decades Libyans lived under a dictator who twisted their past. Now they must imagine their future.

Picture of amphitheater ruins


By Robert Draper
Photograph by George Steinmetz
The bronze likeness of Muammar Qaddafi’s nemesis was lying on his back in a wooden crate shrouded in the darkness of a museum warehouse. His name was Septimius Severus. Like Qaddafi, he was from what is now Libya, and for 18 years bridging the second and third centuries A.D. he ruled the Roman Empire. His birthplace, Leptis Magna—a commercial city 80 miles east of what the Phoenicians once called Oea, or present-day Tripoli—became, in every meaningful way, a second Rome. More than 1,700 years after the emperor’s death, Libya’s Italian colonizers honored him by erecting a statue of the imposing, bearded leader with a torch aloft in his right hand. They installed the statue in Tripoli’s main square (now Martyrs’ Square) in 1933—where it remained for a half century, until another Libyan ruler took umbrage.
“The statue became the mouthpiece of the opposition, because he was the only thing Qaddafi couldn’t punish,” says Hafed Walda, a native Libyan and professor of archaeology at King’s College London. “Every day people would ask, ‘What did Septimius Severus say today?’ He became a figure of annoyance to the regime. So Qaddafi banished him to a rubbish heap. The people of Leptis Magna rescued him and brought him back home.” And that is where I found him, reposing in a wooden box amid gardening tools and discarded window frames, awaiting whatever destination the new Libya might have in store for him.
Qaddafi correctly viewed the statue as a threat. For Septimius Severus stood as a wistful reminder of what Libya had once been: a Mediterranean region of immense cultural and economic wealth, anything but isolated from the world beyond the sea. Spreading over 1,100 miles of coastline, bracketed by highlands that recede into semiarid wadis and finally into the copper vacuum of the desert, Libya had long been a corridor for commerce and art and irrepressible social aspiration. The tri-city region of Tripolitania—Leptis Magna, Sabratah, and Oea—had once provided wheat and olives to the Romans.
Yet Qaddafi squandered the country’s advantages: its location just south of Italy and Greece, which made it one of Africa’s gateways to Europe; its manageable population (fewer than seven million inhabiting a landmass six times the size of Italy); its vast oil reserves. He quashed innovation and free expression. To schoolchildren, who memorized Qaddafi’s tangled philosophy as inscribed in his Green Book, the story of their country consisted of two chapters: the dark days under the West’s imperialist bootheel, and then the glory days of the Brother Leader.
Today the dictator and his warped vision for Libya are dead, and the nation is undergoing the spasmlike throes of reinvention. As Walda says, “The journey of discovery has just begun. In many ways this moment is more dangerous than wartime.” Temporary prisons are overstuffed with thousands of Qaddafi loyalists awaiting their fate as laws and court procedures are reformed. Militias control whole swaths of the country. Guns are less visible than they were during the war, but that only means the hundreds of thousands who possess them have learned to keep them out of sight. Highways in rural areas remain thoroughly unpoliced (not counting the checkpoints manned by former rebels, or thuwwar). Immigrants pour into Libya from its western and southern borders. Key Qaddafi associates, as well as his wife and some of his children, remain at large. Several new ministers are already on the take.
Last September’s terrorist attack on the U.S. Consulate in Benghazi left the unmistakable impression of a country teetering on a knife-edge. Yet despite its struggles, Libya is hardly on the brink of anarchy. The democratically elected General National Congress is commissioning a new constitution. Tripoli is for the most part calm. In its nerve center of Martyrs’ Square—a jungle land of gunfire during the revolution—a couple of motorcyclists zigzag loudly around newly installed children’s rides. The city center is alive with purpose. On the south end of the square, vendors sell many of the new publications that have sprung up since the uprising began. To the east, dozens of Libyans congregate on the patio of a jazzy cafĂ© beneath an Ottoman-era clock tower, chattering over lattes and croissants. Banners and graffiti depicting the red-black-and-green Libyan flag, banned by Qaddafi for 42 years because of its association with the deposed King Idris, now adorn every building in sight. Billboards and posters bear the images of Libya’s many fallen rebels, with inscriptions like: “We died for a free Libya—please keep it free!” “Collect all the weapons!” On the street passersby exclaim in English, “Welcome to new Libya!”
Beneath the roiling uncertainties is a nation possessed by an almost adolescent eagerness to rejoin the free world. Salaheddin Sury, a professor at the Centre for National Archives and Historical Studies in his 80s, told me, “When we got our independence in 1951, it was something we got almost for free. This time the young people paid for it in blood. I didn’t bother with the national anthem back then. Now for the first time,” he declared with a proud grin, “I’ve memorized it by heart.”
Yet on the desert slog to rediscovery, flag-waving offers only the mirage of a shortcut. As Sury acknowledged, Libya’s rebuilding “starts at zero.” The terrorist attack last September casts a dark shadow over Libya’s attempts to increase stability and rebuild its government. Whether the 30,000 Libyans who protested against militias ten days later constitute a better predictor of Libya’s future, it is too early to say. In ways both obvious and insidious, Libya remains half-blinded by its former dictator’s heavy hand. Now, like the statue in the wooden box, it awaits its future in an unforgiving light.
When the revolution came to the commercial hub of Misratah in February of 2011, Omar Albera went to his family and declared, “I’m going to take off my uniform and fight Qaddafi.”
“You are one of Qaddafi’s policemen,” his wife exclaimed. “The others will be suspicious of you. And what if the revolution fails? What then?”
His younger son also voiced fears. Only the police colonel’s eldest son praised his decision—subsequently fighting by his father’s side and dying in battle at the age of 23. The young rebels the police colonel helped command were newcomers to warfare. Having no weapons at their disposal early on, they threw stones and Molotov cocktails. Once the rebels had begun to amass the firearms of dead soldiers, the police colonel taught some how to shoot. A few were criminals he’d once locked up. They were tougher than the others; he was glad to have them in his ranks, and they in turn came to view him as a fellow rebel.
After Misratah at last beat back a ferocious three-month siege by Qaddafi’s troops—a small-scale Battle of Leningrad that would prove decisive in the revolution, though at a terrible cost to Libya’s third largest city—Albera again put on the police uniform he had worn through 34 years of the Qaddafi regime. He is now Misratah’s chief of police. His goal is to introduce the people of his city to a different concept of police work—namely, that a man who wears his uniform is not a thief or a thug but a protector, that boys should one day aspire to wear such a uniform, to regard it as an emblem of dignity rather than of criminality. The new chief is no sunny idealist. He is 58, with the pensive equanimity of a much older man. He suffers no illusion that credibility can be won overnight when historically as many as three-quarters of Libya’s policemen have been corrupt.
Further compounding the chief’s challenge is that he is not, in the final analysis, the head law enforcement authority in Misratah. “The thuwwar are the real power in the city,” he admits. The police department’s equipment was destroyed during the war; the young men he helped train to fight in the revolution are now the ones with the weapons. “Even though they were brave, they were not trained to be leaders,” he says. “Many are honest. Some are impressionable. This makes for a very delicate situation.”
The delicate situation has vast implications. The Davids who felled Goliath with slingshots now run the kingdom and are not about to give it back to some new giant. Nor do they intend to hand over all of the giant’s weaponry. Nor, for that matter, are they eager to forgive and forget. Qaddafi’s supporters remain in their midst. Some are neighbors. In Misratah’s case that neighbor is Tawurgha, a working-class town 25 miles away, from which government forces launched a ferocious assault on Misratah.
Central to Qaddafi’s vision for Libya was a bellicose populism designed to undermine the urban centers that threatened his power base. Toward that end, he lavished the Tawurghans—almost exclusively dark-skinned Africans of sub-Saharan descent—with jobs and housing in return for their unswerving loyalty. This divide-and-conquer strategy pitted towns and ethnic and tribal groups against each other all over Libya. The revolution turned those divisions into battle lines. Overnight, towns like Riqdalin and Al Jumayl became bases for loyalist attacks on their bigger neighbor Zuwarah. The city of Az Zintan was suddenly besieged by the neighboring tribal Mashashiya town of Al Awaniya. A Qaddafi-backed Tuareg militia suppressed a rebel uprising in Ghadames. And Tawurgha volunteers joined Qaddafi’s soldiers, marched on Misratah, killed their neighbors, and in some cases raped their neighbors’ women.
The reports of assaults on women have left the Misratans blind with rage. Wild exaggerations (was it 50 rapes? 400? 1,080? 8,600?) are countered in turn by Tawurgha sympathizers (no rapes at all occurred, hostility toward Tawurghans is racially motivated). One fact is inarguable: Tawurgha is now a ghost town. The Misratans evacuated the town by force and razed most of its buildings. Nearly all 30,000 Tawurghans now live in displacement camps, mainly in Benghazi and Tripoli. When I visited the bullet-riddled carcass that was once Tawurgha, its streets were empty except for artillery shells, a few ragged garments, and a half-starved cat. The roads to the town were heavily guarded by Misratan militia. No one may return to Tawurgha.
The Misratans stubbornly refuse to make peace. As one prominent local merchant, Mabrouk Misurati, told me in a loud and trembling voice, “You cannot accept those who have raped and killed our sisters living among us again! This is not easy! Reconciliation is what we are asking the new government to do—to take those who committed those crimes to justice. Then we’ll talk about letting them come back.”
This appetite for vengeance worries Misratah’s new police chief. “We can’t put all of the people of Tawurgha on the same playing field,” Albera says. “We can’t do mass punishments the way Qaddafi did. We must act according to the law. This is what we’re trying to achieve in a new Libya.”
For now, achievements come in increments. The chief has succeeded in forming a security council of the more levelheaded militia members and persuading them to inventory their weapons. “We need to get everything back under control,” he says. Too many shootings are taking place—some by accident, like two horsemen killed by celebratory gunfire at a wedding, and some the result of macho vendettas. Too many cars on the streets lack license plates. Too many criminals freed in the chaos of the revolution remain on the streets. Then again, the chief says, they fought valiantly beside him. So what should he do with them?
And too many young people are taking drugs. This, at least, he can understand. “Keeping in mind what they’ve recently been through, many of them need psychological treatment,” the chief says. “Maybe we all do, to be honest. My 17-year-old son—he watched his older brother fall to the ground right next to him.”
But how does a nation go about cleansing its soul? Today in Misratah schoolchildren who once were made to recite The Green Book are expected to completely forget its author, the man who killed their fathers and sisters. “All of the Qaddafi period has been erased from the textbooks,” a local teacher told me. “We do not mention his name. He has been buried.”
The ghosts of Libya’s greatness past remain plainly visible by the grace of a dry climate, a paucity of urban sprawl, tribal beliefs against tampering with the ruins of the dead, and an abundance of sand as an optimal preservative. On the western coast stands Leptis Magna, among the world’s most spectacular Roman archaeological sites, its triumphal arch and sprawling forum and colonnaded streets evoking a pinnacle of urban dynamism. Its splendor becomes even more evident when imagining the marble later stripped by the French for use at Versailles and when viewing the monumental imperial sculptures—of Claudius, Germanicus, Hadrian, Marcus Aurelius—that once graced the city and now reside in Tripoli’s museum.
Farther west lies the former seaside mercantile center of Sabratah, dominated by a majestic sandstone theater erected at the close of the second century A.D. Directly behind the Corinthian pillars looming over the theater’s elevated stage shimmers the curtain of the sea. Seeing Sabratah as an exquisite representation of Roman might, Mussolini ordered that the theater, which had lain in ruins since the earthquake ofA.D. 365, be restored. Il Duce attended its reopening in 1937, when Oedipus Rex was performed and, it is said, the locals were ordered by Italian soldiers to applaud with such vigor that their hands bled.
To the east resides Libya’s most enduring archaeological rival to the Roman sites: the ancient Greek stronghold of Cyrene, a crucial breadbasket where the ruins of an amphitheater and a brawny 2,500-year-old Temple of Zeus suggest an era of fecundity and wealth. Following centuries of foreign rule, Bedouin tribes invaded Libya in the seventh century. With them came Islam, a spiritual culture that persisted through each and every subsequent external force: the Ottomans, the Italian occupiers, the British and American military, the foreign oil companies, and a monarchy supported by the West. After the military overthrow of King Idris in 1969, Qaddafi immediately set to work rewriting Libya’s history. He spurned North Africa’s indigenous Berber, or Amazigh, people and held up Arabs as the true Libyans. In doing so he thrust himself, the son of an Arab Bedouin nomad, into the center of Libyan identity.
The ancient Greek and Roman sites of Libya meant nothing to him. He equated the ruins with the Italian occupiers. Although the archaeology at Leptis Magna and Sabratah and Cyrene went largely untended, Tripoli’s museum featured whole exhibits devoted to the Brother Leader, including his Jeep and Volkswagen Beetle.
Famous for sleeping in a tent even on state visits to Paris and other European capitals, Qaddafi espoused an outmoded version of the Bedouin ethic, says Mohammed Jerary, the director of Libya’s national archives. “Being a Bedouin, his goal was to emphasize Bedouin values over settled values, the tent conquering the palace. He wanted us to forget about organized cities and highly sophisticated things—even culture and the economy. But the Bedouin themselves didn’t remain primitive. They learned that it wasn’t proper to invade someplace every time their camels ran out of food. They learned to believe in systems and government. Qaddafi insisted on accentuating only the bad values of Bedouin life.”
His rule was one of orchestrated chaos. “There was no routine—things could change in a minute, destabilizing everything,” Walda told me. “Suddenly you cannot own a second house. You cannot travel overseas. You cannot play for a sports team. You cannot study a foreign language.” Many of the country’s most prominent thinkers were carted off to the dreaded Abu Salim prison, where some 1,200 were massacred by their jailers in 1996. Muslim clerics found themselves imprisoned for the offense of seeming more loyal to Islam than to their leader. Qaddafi loyalists belonging to the revolutionary committees kept watch in classrooms and workplaces. Government payrolls swelled with hundreds of thousands of workers who were paid subsistence wages to do nothing. Flunkies reaped lavish lifestyles, while the regime’s mildest critics were, as some Libyans would lyrically put it, “taken behind the sun.”
Even Libya’s geography was not spared. “He pushed back the sea from Tripoli, filling the floor with sand and planting palm trees there—to show that Libya had turned her face away from the Mediterranean,” says Mustafa Turjman, an archaeological specialist at the Department of Antiquities since 1979. “He was the god of ugliness!”
In a single practical gesture to the outside world, Qaddafi in 2004 completed a new lifeline: an undersea pipeline to deliver natural gas to Sicily. All other connections the god of ugliness severed.
Shortly after the first gunshot-wound cases were carted into the emergency room of Benghazi’s Al Jala Hospital on the afternoon of February 17, 2011, the surgeon began shouting out directions. Then she stopped herself. Her ex-husband had always told her, “Maryam, the woman shouldn’t be the decision-maker. Let the man speak his opinion first.” Was he right?
But civilians were being gunned down in the streets of Benghazi by the government’s soldiers. Qaddafi’s men had ordered the hospital director not to treat the rebels. When the director defied their edict, government thugs began roaming the hospital, taking down the names of doctors who were continuing their work. But 31-year-old Maryam Eshtiwy did not take off her white coat and go home—not until the third day, and then only to breast-feed her six-month-old daughter, who was staying with her grandparents. After that the surgeon returned to the hundreds of wounded young men stretched across every available inch of the hospital.
In a single day the social order dictating that Libyan women should defer to men had undergone a jolting tectonic shift. Or had it? Libya has long been a moderate Islamic nation. Qaddafi had encouraged women’s participation in education and the workplace. It remains to be seen, however, whether a country seeking to reconnect with its European neighbors across the Mediterranean will further embrace women’s rights—or lose out on the talents of half its population.
It may well be that years of battling ingrained Arab traditions helped steel Eshtiwy for those gory first days of the Libyan revolution. “Let’s be honest. I’m working in a man’s medium,” she says. Her parents wished for her the stress-free life of a pharmacist or ophthalmologist. The head of surgery—a man, of course—was hard on her. She could not help but notice that during the rounds the males were never criticized, but whenever she presented a case to him, he argued every single point, as if pushing her to leave. Eshtiwy made it clear that she had no intention of doing so.
She had made it equally clear to her ex-husband, a chemist, before their wedding: “I’m a surgeon, and I’m working in the hospital, and I’m driving my own car.” He professed to be fine with that. Theirs was a semi-arranged marriage: an introduction by his sister, followed by two months of courtship, engagement, and then a traditional three-day wedding attended by 700, culminating in vows in front of an all-female audience while every man except the groom killed time somewhere outside the wedding hall.
Overnight his attitude toward her profession seemed to change. “Forgive me for saying this, but men don’t like their wives to be better than them,” Eshtiwy says. He telephoned her one morning to say he was divorcing her. Under Libya’s Islamic law, the woman has no recourse—not even a woman three months pregnant, as she was at the time. When war broke out nearly a year later, some of her family and friends urged her, “Go back to him—maybe he’s learned his lesson. If you are killed in the hospital, your daughter will have no mother.”
The injured rebels, for their part, did not recoil at the surgeon’s gender. Some seemed to prefer her bedside manner, her emotional accessibility. And today at Al Jala Hospital many husbands express relief that she, rather than a man, will be examining their wives. Eshtiwy feels relatively secure in her place. She points to other Benghazi women—professors, lawyers, judges, engineers, politicians—and says, “The Libyan women are very strong, very clever. We’re managing by ourselves without any external help.”
If only she could say the same about the country as a whole. “I’m worried about everything,” she confesses. She prefers to see Libya as one fully unified country, but others in her city, mindful of the east’s disproportionately minor political influence under Qaddafi despite providing most of the nation’s oil revenues, have demanded that the new Libya yield far more autonomy to the regions south and east of Tripoli. The airwaves and streets are alight with edgy rhetoric—“a war now, a war of words,” Eshtiwy says, and she does not know whom or what to believe. Her dismay over the death of U.S. Ambassador Christopher Stevens in her city was matched only by her outrage at accusations that the Ansar al-Sharia brigade guarding her hospital was responsible. “They are peaceful and respectful people,” she maintains. “They are just rumors from outsiders who are trying to destroy the relationship that we’ve just restored with the U.S.”
Eshtiwy remains a devout Muslim who embraces arranged marriages and who has never traveled outside Benghazi. Yet her straitjacketed but steady world has been thrown into tumult. “The picture,” she says, “is distorted to me.”
She believes there is cause for hope. The experience in the hospital during the revolution—everyone working as a team, round the clock, treating rebels and Qaddafi loyalists alike without discrimination, while fellow citizens brought the staff food and blankets—has told her something about Libyans. “During the time of Qaddafi we thought that we were bad people, that no one could love us,” she says. “We see now the beauty of our country.”
But Eshtiwy also senses a gnawing post-traumatic stress pervading the city. It grips her as well. There are videos of her hospital heroics. She cannot watch them. “No way.” She can’t even watch the news. “It’s depressing, you see,” she says. “Sometimes I feel like, why did all these people die? Did we have to be paid with their precious blood for all this chaos?”
The worst is this: There is still more blood. Too much of it. Before the revolution Al Jala Hospital saw maybe three or four gunshot-wound cases every year. With firearms widespread throughout the new Libya, she treats three or four such cases every day.
“Now we are so expert at dealing with these,” the surgeon says, sighing.
When I consider the future of Libya, a flailing man-child of a nation, my mind returns to a 61-year-old man I met in one of Benghazi’s old souks. His name was Mustafa Gargoum, and he made a small living by selling vintage photographs of the city. Since 1996 he had occupied a street corner just a few hundred yards from the Mediterranean coast, where he used to fish as a child. The photo collector’s makeshift exhibit was the first of its kind in Benghazi and possibly in all of Libya. Small crowds would gather to ponder the images from a banished yesteryear: mules clattering down alleys bearing jugs of olive oil; the luminous Ottoman-era Hadada Square, currently overtaken by jewelry vendors; the Italianate parliament building, destroyed at Qaddafi’s orders and now a parking lot. Old men crouched in front of Gargoum’s photographs and stared for a very long time. Their eyes said what their mouths could not. Some of the photos included forbidden visuals, such as the old Libyan flag, which is the new Libyan flag.
Gargoum’s streetside gallery also included posters on which he would write deliberately provocative passages such as: “Those who sacrifice liberty for security deserve neither.” “Free minds of America and Europe, you have always disappointed us.” “The Libyan people are more important.” Unsurprisingly, these dissident musings earned Gargoum ongoing harassment. Every September, coinciding with the anniversary of the Brother Leader’s ascension to power, Ministry of Interior officials would escort Gargoum to a police station and make him stay overnight. “We know what you’re trying to do,” they would tell him, though they always let him go. He continued to display his images and his messages. But the photographs he had collected of Qaddafi’s sworn enemies he kept hidden in his home office, where he wrote on the walls sentiments that he did not dare display on the streets of Benghazi—bitter laments like, “The ceiling of the regime is too low for me to stand!”
When the first peaceful protests began in mid-February, Gargoum closed his gallery and joined the demonstrations, but soon retreated to his house. Eight months later, on the day that Qaddafi was killed, he returned to the souk with his photographs—not just the usual images, but also those of artists and intellectuals and soldiers who had once defied the dictator and been executed as a result. Included in this more expansive exhibit was a painting he had made in 1996, the first year that he had offered up his photographs and sly slogans to the jittery public of Benghazi. The painting consisted of a single monumental figure engulfed by darkness—his back turned, his hand holding a torch aloft. Though Gargoum had intended it to be a self-portrait, he had unconsciously reproduced the exiled statue of Septimius Severus.
On this new day of freedom Gargoum placed the painting on an easel and took out his paintbrush. With careful strokes he added a crowd of wispy figures to the background. He then nodded with satisfaction at the finished product, a portrait of an unfinished nation, its people standing together the evening after the revolution—momentarily blinded by torchlight, waiting for a new vision to pierce the darkness.

Sunday, 11 November 2012

Repsol 'closing in' for Libya drill



Spanish oil company Repsol is reported to be making final preparations to resume exploration drilling in Libya in early 2013, adding to signs that the Opec member's key industry is returning to normal after the 2011 civil war.
"We have ordered a new drilling rig and we will start as soon as that arrives, probably early next year," said a Repsol executive on the sidelines of the North Africa Oil & Gas conference, according to Reuters.
A Repsol spokesman said the first drilling would be in the east Libyan desert and added that production was now close to the 350,000 barrels per day the company was pumping before the war.
While the North African country has impressed analysts by ramping up production more quickly than expected to around 1.6 million barrels per day, it has so far had only limited success in luring back security-conscious foreign companies to carry out exploration work, despite its estimated 47 billion barrels of proven oil reserves.
A deadly attack on the US consulate in the eastern city of Benghazi in September is widely seen as acting as a further deterrent, especially for US players.
The relative caution of international oil companies contrasts with the speed with which Libyan oil workers resumed work, sometimes even before the end of the conflict.
The slow return of companies could hamper the ability of Africa's third largest oil producer to raise future output, according to the chairman of Zueitina Oil, which works alongside US company Occidental Petroleum.
"Some of them have lifted their force majeures but when it comes to actual work we have heard nothing," said Abdul Nasser Fituri Zammit, adding that the absence of construction and oil services companies was slowing down projects.
Libyan oil executives are hoping the Repsol decision as well as a commitment by BP to resume exploration will encourage others to return.
"Exploration is still much less than before the war. I hope the companies will be back early next year. Now it's being done by (Algeria's) Sonatrach and NOC [National Oil Corporation]," said a source at the Libyan Oil Ministry.
He added that local oil companies linked to NOC had "four or five" seismic teams in the desert and had begun drilling.
An executive with Polish company PGNiG also said at the conference there were plans to drill three wells in Libya next year.

Tuesday, 11 September 2012

Arab Bank Plans Return to Libya After Uprising Forces Exit




Arab Bank Plc. (ARBK), Jordan’s largest lender, is seeking to regain access to its Al Wahda bank unit in Libya after last year’s uprising forced it to exit the country.
“As a result of the events which took place in Libya, we have not been involved in the management of Al Wahda bank since early 2011,” Arab Bank Chairman Sabih Al Masri wrote in an e- mailed response to questions to Bloomberg on Sept. 6. “We hope to be in a position to discuss with the new authorities in Libya how we might reengage our presence in the country.”
Amman-based Arab Bank owns 19 percent of Al Wahda, with more than 70 branches across Libya, and has the right to increase that stake to 51 percent, Al Masri said. He took over management of Arab bank on Aug. 26 after former chairman Abdul Hamid Shoman resigned because of differences with the board.
Former Libyan ruler Muammar Qaddafi was killed in October after an eight-month uprising that left thousands dead, one of a series of uprisings against Middle Eastern dictators known as the Arab Spring. The country’s new interim legislature elected Mohammed Yussef Magariaf, leader of the National Front Party, as its head last month as the country rebuilds.
The bank is also studying a possible return to Iraq after the nationalization of its branches in 1964, Al Masri said.
“Given the potential of the Iraqi market, it is natural that at some stage we would study the feasibility of reentering,” he wrote. The bank is present in all Arab countries with the exception of Iraq and Kuwait, he said.

Established in Jerusalem

Arab Bank, established in Jerusalem in 1930 and the first public shareholding company on the Amman stock exchange in 1978, posted net income of $360.3 million for the first half, a 10 percent increase compared with the year earlier period, he said.
Arab Bank fell 0.6 percent to 7.15 Jordanian dinars as of 1:05 p.m. in Amman.
Kuwait-based Al-Rai newspaper reported Aug. 23 that unidentified Qatari investors were in talks to buy a 20.7 percent stake in Arab Bank, controlled by Lebanese former prime minister Saad Hariri through Saudi Oger Ltd., Oger Middle East Holding and BankMed SAL. The report prompted the stock to surge the most in three months on the day, gaining 5 percent.
Arab Bank headquarters will remain in Jordan and the lender has no plans to reduce its workforce or change positions, Masri told a news conference in Amman three days later.

Source: Bloomberg 

Sunday, 2 September 2012

Libya’s NOC Says 2012 Oil, Gas Revenues To Total $54.9 Billion



Image
Libya’s National Oil Corp (NOC). expects to generate $54.9 billion in revenue from oil and natural gas this year, according to a release posted on its website.
The revenue would come from exports and taxes on oil companies operating in the North African country, the NOC said.

Source: Bloomberg 

Tuesday, 3 July 2012

Libyan expats cast votes in historic poll



The first votes in Libya’s elections were cast in Dubai on Tuesday as expatriates turned out to select a national assembly less than a year after the collapse of the Gaddafi regime.
The polling station in the Libyan consulate in Dubai opened at 9am local time with other locations in Jordan, Germany, the UK, the US and Canada scheduled to open their doors every day until July 7, when the elections are set to be held in Libya itself.

Burhaneddin Muntasser, regional manager for an Swiss-based IT company who lived through the war in Tripoli, was overcome with emotion after casting his vote.
“I want a Muslim country, with a free economy, where the Libyan citizens come first,” said the 48-year-old, tears streaming down his face. “I am hopeful of a good future for Libya, but I am not 100 per cent confident.”

The 200-member national assembly will select a prime minister, draft laws and appoint a committee to write a new constitution.

A steady stream from the 3,000 Libyan residents of the United Arab Emirates were ushered through an air-conditioned tent at the consulate for their first elections in half a century, leaving with a purple ink print on their index fingers to prove they had already voted.

Aref al-Nayed, the outgoing Libyan ambassador to the UAE, said the historic day was imbued with a sense of “sad joy.”

“There is joy at reaching this stage in the long struggle of the Libyan people, but sadness from the great sacrifices of the people who made this possible,” he said.

Mr Nayed, who will return to the private sector after representing Libya in the UAE since the revolution that overthrew Colonel Muammer al-Gaddafi last autumn, said he was optimistic that the elections would install a representative government and produce a constitution reflecting the desires of all Libyans.

Fears have grown that the elections could be affected by outbreaks of violence as armed militias that helped ousted the former regime compete for power.

On Sunday, armed groups demanding more autonomy for the east burned election materials and damaged computers in the eastern capital of Benghazi. But Mr Nayed said the following day the people of Benghazi had taken to the streets to pledge their support for the electoral process.

“This is a self correcting revolution, I am always assured by the ability of the Libyan people to protect and correct the situation,” he said.

Awwab Abdul, a 23-year-old oil trader, was born in the US and lived in Dubai for 13 years, but, despite only living briefly in Libya, he was one of the first to turn out to vote at 9am.
“Over the next year, Libya will emerge as a special new capital of the world,” he said. “For us, freedom is the most important thing.”


Source: Financial Times




Wednesday, 27 June 2012

Betting On Libya's Future

The demise of Gaddifi has unleashed a treasure trove of opportunity, but one that’s fraught with risk.

By Robert Bailey


The demise of the Libyan dictatorship has thawed long frozen relations with the Gulf that could lead to wide-scale investment in a country whose political idiosyncrasies for decades denied it viable links to the region and the global economy.
An estimated $200 billion of investment opportunities will emerge over the next ten years according to the French Business Council, which recently took a large group of company representatives to Libya. They and others from countries that supported the overthrow of the regime are anxious to capitalise on the goodwill that has been generated.
In Dubai, a Libya Strategic Investment Forum was organised by the Chamber of Commerce recently, it also supported a Libya Infrastructure and Rebuild conference in the emirate.
The big question is whether the timing is ripe for these initiatives. Even though the National Transitional Council (NTC) is proposing a $54 billion budget in addition to an un-quantified emergency budget for 2012 it has little or no ability to enter into long-term contracts simply because it is an interim government.
Nevertheless observers believe that with its significant energy resources that have still to be exploited, and a potential to become an important aviation and logistics hub between Africa, the Middle East and Europe, Libya has the potential to rapidly expand its economic base.
However, there is a growing sense of unease at the slow progress in establishing any firm central authority. Recently there have been calls for eastern Libya to break away from Tripoli and there is concern is that Libya may face years of instability.
Until a functioning national army and police force is formed the existence of armed, tribally and community-based militias represent a threat to stability.
Members of the militia in Zintan, southwest of Tripoli, for example, still hold Saif al-Islam Qaddafi prisoner in spite of demands that he is handed over to the council in Tripoli.
In spite of uncertainties, work towards agreeing a constitution in mid-2012 goes on though the head of the NTC, Mustafa Abdel Jalil has stated that “if there is no security, there will be no law, no development and no elections.”
Even after such elections it may take some time before a new administration is bedded in and confident enough to award significant contracts.” The interim government in principle is unwilling to take decisions with long-term consequences, and lacks the resources to do so which is frustrating for the conduct of business,” says Oliver Miles a former British ambassador to Libya and now a director of MEC International.
SIGNS OF RECOVERY
But negatives can be overstated.
Physically the country is returning to normality. Telephone links have been reconnected between east and west and, at least, in Tripoli electricity supplies as well as water and sewerage networks are functioning.
Qatar Airways resumed flights to the Libyan capital in February. The airline had been among the first to re-open flights to Benghazi in the east. Alitalia has also restarted services to Tripoli.
Royal Jordanian is flying to Tripoli and Benghazi again as well as to Misrata. The latter has a large medical traffic carrying patients for treatment to Amman.
Emirates began flights to Tripoli again at the end of March. KLM/Air France and British Airways also resumed service. Meanwhile Turkish Airlines has launched scheduled freighter flights to Libya’s Mitiga airport, east of the capital.
Air Malta and Egyptair resumed flights to Tripoli last November and Lufthansa in February. Antonio Tassone, the German airline’s general manager in Tripoli, commented that “the resumption of our flights is a strong and important signal to Libya and the western business community that we are confident to be back.”
Progress on unfreezing assets combined with the unexpected speed with which oil production has returned to nearly three quarters the pre-revolution level, mean that the government is able more or less to pay its way are other positive indicators.
Having plunged below 100,000 barrels-a-day at the peak of fighting upstream production of crude is reported to be around 1.4 million b/d. Pre-war levels of 1.7 million b/d will be reached by the middle of 2012 predicts Christophe de Margerie CEO of France’s Total.
International oil companies with existing contracts are beginning to return. The National Oil Corporation has said that seismic surveys have resumed at concessions run by Arabian Gulf Oil Company while fresh exploration is due to begin in the Sirte basin. Italy’s Eni has resumed offshore exploration 100 kilometres offshore Tripoli.
The Libyan stock market reopened in March albeit in more modest premises on the outskirts of Tripoli. The market though had just five stocks with another eight still to provide up to date financial information.
General manager Ahmed Karoud says that five initial public offerings may come to the market this year including oil and construction companies. There are also plans to list the country’s two mobile operators.
However, optimism needs a reality check. Few are likely to commit to long- term large scale investments where there is chronic political instability particularly if property rights are difficult to enforce and where commercial infrastructure lags far behind others in the region.
GCC'S ROLE
It has been suggested that GCC investors may be more culturally adept working within the currently constrained business environment than Western companies. Whether this is true or not time will tell but there is certainly growing Gulf interest in Libya.
Arriving on Etihad’s inaugural flight to Tripoli in January and accompanied by a 100-strong business delegation, Anwar Gargash, UAE Minister of State for Foreign Affairs declared that “right now our target is to play an important part in Libya’s rebuilding and create viable long- term partnerships.”
The Gulf states, Qatar in particular, played a prominent role in the campaign to oust Gaddafi providing combat aircraft for the NATO air mission as well as material and logistical support to the rebels.
Doha’s help extended beyond military and diplomatic support by marketing a million barrels of oil for the NTC at a crucial phase allowing the rebels to pay salaries in Benghazi.
In addition, Qatar helped launch Libya al-Ahrar in Doha to transmit television programmes and news. The UAE’s telecoms company Etisalat helped restore mobile communications services providing a satellite feed for the rebels after Tripoli cut of cellular links.
In spite of the goodwill generated by such support, Gulf as well as Western interests will be nervous about the Finance Ministry’s review of all contracts signed under the previous regime.
How far this will focus on firms from countries that failed to support the rebels internationally and go easy on those states that provided diplomatic and material military support remains to be seen.
Before the uprising Qatari Diar Real Estate Investment Company had lined up $10 billion of investments with the Libyan Economic and Social Development Fund for a hotel and real estate developments near Tripoli
Dubai-based Al-Ghurair Group, hopes to restart output within months on a joint venture in Libya’s largest refinery at Ras Lanuf and to almost double the present 220,000 b/d capacity over four years.
The group is also assessing openings in other sectors including contracting, civil and mechanical engineering as well as food production. According to Mashreqbank CEO Abdul Aziz Al Ghurair, UAE investment could increase from $2 billion to $5 billion within five years.
In 2009, Abu Dhabi-based Oasis International Power was set to take over a planned power plant at Tripoli West to be built as Libya’s first independent power plant.
An engineering, procurement and construction contract valued at $1.4 billion was awarded to South Korea’s Hyundai Engineering & Construction.
Others are looking at new opportunities. Advisers working for Mohammed Alabbar, a Dubai businessman, chairman of real estate firm Emaar and a partner in Africa Middle East Resources (AMER), an emerging commodities supply chain company, have reportedly been assessing the viability of bauxite and other natural resources in Libya.
Abu Dhabi’s Al Maskari Holding is backing a $3 billion project to build an integrated energy hub involving solar and conventional generation to provide electricity for domestic use and export to Europe via southern Italy.
DP World has held exploratory talks with Libya’s interim officials on ideas for management of the country’s ports. Interim transport minister Yousef El Uheshi has said the sector needs billions of dollars of investment for the expansion and modernisation of ports and dredging to allow larger vessels access.
According to DP World’s chairman Sultan Ahmed bin Sulayem “we have always been interested in Libya and we are continuing our discussions with them.”
Conversations are likely to be extended though especially in a country where privatisation issues have yet to be tackled. “If they sort out their issues, you will see a lot of UAE companies coming in here, says Al-Ghurair,” but cautions “if it turns out to be a very slow process, they will go somewhere else.

Source: Gulf Business


Wednesday, 13 June 2012

Libyan Ministry of Health explores collaboration opportunities with Dubai Healthcare City


Libya Delegation at DHCC.

A high-ranking delegation from the Libyan Ministry of Health visited Dubai Healthcare City (DHCC) to raise awareness about the status of the Libyan healthcare sector and engage in dialogue with healthcare institutions in the UAE.

Headed by the Libyan Deputy Minister of Health, His Excellency Dr Omran Turbi, the delegation comprised Dr Amal Naagi, the Ministry's Head of Medical Exhibitions, Dr Ashraf Shembesh, Director of Medical Services, and Dr Fauzia Tushani, Director of Media Relations. 

During their visit, the visiting officials hosted a seminar on 'Opportunities in the Libyan Healthcare Sector' to highlight the revolution's impact on healthcare services in the country and underline the requirements that were urgently needed for rebuilding the system. 

Dr Ayesha said: "DHCC is pleased to support the Libyan Ministry of Health. The seminar served as a strategic platform to increase cooperation between the Libyan Ministry of Health and the healthcare community in Dubai. It also helped to educate healthcare providers and professionals from the UAE and the Gulf region on the healtcare requirements in Libya."

The DHCC team led by Dr Ayesha Abdullah offered the delegation a tour of the healthcare park and provided a brief outline of the history, vision and achievements of the free zone.

Source: ameinfo.com
www.soclibya.com 

Sunday, 20 May 2012

Libya tries to calm wary investors over review


A man walks past the Azzawiya oil refinery in Zawiyah, 50km west of Tripoli. Reuters


Libya is seeking to reassure investors concerned about a major review of nearly 10,000 business contracts that were signed by the government of the late Muammar Qaddafi.


A group of 20 people appointed by the National Transitional Council (NTC), the temporary government, is scrutinising the contracts to ensure fairness and hunt for evidence of corruption.
"We respect all agreement[s] and the contracts which have been signed by the old regime," said Mustafa El Huni, the deputy chairman of the NTC.
"Naturally there are some contracts which need to be reviewed, but even for those contracts, it will be in the spirit of mutual cooperation," he added. "We have no intention to nationalise or to do something radical. Even if it's an unfair agreement or unfair contract, we'll sit down with a spirit of cooperation and we'll come to agreement with those entities."
The contracts, which span sectors from hospitality to energy and affects investors all over the world, adds to the uncertainty surrounding Libya's future.
Next month, Libyans - including expats in places such as Dubai - are to select a national assembly that will draft the country's new constitution. The Libyan general prosecutor is also investigating domestic and foreign oil companies' records in connection with possible financial irregularities.
Security remains a concern in Libya, where just this month a demonstrator died during a protest outside the prime minister's office and a candidate for the national assembly was killed.
Until late last year, when the review was first announced, contracts with the government appeared to be one of the few things to remain stable in post-revolution Libya.
The NTC, which was established by the rebels during last year's uprising, has said since last summer that contracts signed with the old regime would remain untouched.
"Corruption is unfortunately still there, and unfortunately some of the wheelers [and] dealers who infested Libya in the old days are marketing themselves in the new Libya," said Aref Ali Nayed, the ambassador of Libya to the UAE.
Those signing deals need to ensure their projects share benefits with the Libyan people, he warned in Dubai recently. "If it does, then this project will have long-term success," said Mr Nayed.
"If it doesn't, watch out," he added. "You may be able to pull off the signing of the contract with this government, or with the transitional government, but in the long run you will lose."
If the Twenty Committee, as the 20-strong Libyan review group is nicknamed, were to check every single contract, the process could take three decades, said Adrian Creed, a partner at Clyde & Co, a law firm.
"Some high-level decisions have to be made about materiality or contract threshold because it won't happen otherwise," Mr Creed said.
"Libya has disappointed the investors' community twice before, so if you throw that in the bin it won't send a very good message to the market."
Some argue a good tactic for Libya may be to follow the example of the UK in its infrastructure spending reviews. There, a centralised system has worked through a team of accountants and consultants who swiftly check over contracts, said Hatim Gheriani, the head of global banking and markets for HSBC in Libya.
"Everyone knows what the terms are and therefore everyone gets a good deal," he said.
Mr El Huni sought to answer questions about the extent of the contract review by saying Libya as a nation would not veer towards extremism.
"It will be a moderate country," said Mr El Huni. "It will not be an extremist country economically, politically or even socially. We are a coherent society."

Source: The National

www.soclibya.com 

Sunday, 29 April 2012

Libya ex-Minister Shukri Ghanem dead in Danube River


The body of Libya's former Oil Minister Shukri Ghanem has been found in the 
Danube River, Austrian police say.

Former Libya minister Shukri Ghanem in central London in October 2009.
                                       

There were no signs of violence to Mr Ghanem's body, said a police spokesman. An autopsy has been ordered.
The former prime minister, 69, worked as a consultant for a Vienna-based company. He apparently left his home on Sunday normally dressed, police said.

He served as Libyan prime minister from 2003 to 2006 and then as oil minister until 2011.

Various Sources

Tuesday, 24 April 2012

London reaffirms commitment to Libya



A visit to Tripoli will give the British government the   opportunity to reaffirm its commitment to an emerging Libyan government, a British official said. British Minister for the Middle East Alistair Burt arrived in Tripoli Tuesday. He said he would formalize a British Embassy office in the former rebel capital Benghazi and open a visa application center in Tripoli during his two-day visit to Libya.

"I am delighted to return to Libya at a key stage in its  transition as the Libyan people prepare for their first  democratic elections in over 40 years," he said in a statement. "I look forward to reaffirming the U.K.'s commitment to Libya."

The British military was part of the NATO-led intervention in Libya last year meant to protect civilians from attacks by forces loyal to leader Moammar Gadhafi. Since Gadhafi's death in October, the new interim government has set the stage for national elections but dealt with internal clashes and autonomy bids.
British lawmakers are investigating their country's alleged involvement in so-called extraordinary renditions of Libyan nationals.
Burt's visit coincides with an international oil and natural gas investment conference in Tripoli.



Source: UPI