Latest news with #AliAl-SaeediAl-Qaidi
Libya Review
05-07-2025
- Business
- Libya Review
Benghazi Set to Host Barcelona for Historic Friendly Match
On Saturday, Libya's Parliament-designated government reached a preliminary agreement with FC Barcelona for a high-profile friendly match to be played in Benghazi, as well as a plan to launch a full-scale sports academy in Libya. During an official meeting held at FC Barcelona's headquarters in Spain, Libya's Minister of Investment, Ali Al-Saeedi Al-Qaidi, met with FC Barcelona President Joan Laporta. Also attending the meeting was Libyan Member of Parliament Al-Salihin Abdel Nabi. The discussions centered on strengthening sports cooperation, cultural exchange, and long-term development projects between Libya and the Spanish football giant. The most prominent outcome of the meeting was the initial agreement for FC Barcelona's first team to play a friendly match at Benghazi International Stadium. The event would mark a historic moment for Libyan sports, symbolizing a major step toward Libya's reintegration into the international sports scene. In addition to the friendly match, both sides reached an understanding on the creation of a comprehensive sports academy in Libya, with technical and administrative backing from FC Barcelona. The academy would serve as a hub for nurturing young talent across various sports disciplines, supported by Barcelona's expert trainers and staff. The talks also covered the launch of the 'Barça Experience' project in Libya, an initiative designed to transfer Barcelona's renowned expertise in sports training, management, and development to Libyan athletes and sports professionals. The project aims to cultivate a culture of professionalism and modern sports development in Libya. Libya's Ministry of Investment described the deal as part of its broader strategic investment plan, which focuses on developing the country's sports infrastructure, promoting youth engagement, and attracting international partnerships. Officials emphasized that investing in sports is not just about recreation but also about creating economic opportunities and strengthening national unity. They see this partnership as a platform for advancing Libya's image abroad and empowering young Libyans through professional sports. Tags: BarcelonabenghazilibyaLibyan Government
Libya Review
21-05-2025
- Business
- Libya Review
Libya Aims to Resume Energy Contracts with Russian Companies
Libya is working to revive suspended oil and gas contracts with Russian energy companies, a senior official from the Presidential Council has confirmed. Speaking to the Russian state news agency TASS, the official said that Libya considers the resumption of cooperation with Russian firms in the oil and gas sector a promising economic opportunity. He added that broader collaboration—especially in rebuilding infrastructure and energy facilities—also holds strong potential. Foreign energy companies, including major Russian players, largely withdrew from Libya after 2011 due to conflict, political instability, and widespread insecurity. Several contracts were suspended during that period, and the presence of international oil firms sharply declined. Now, with the gradual stabilization of oil production and a clearer focus on economic recovery, Libya is seeking to reactivate key agreements and attract new investment. This initiative includes reopening discussions with Russian firms previously involved in exploration and development projects. In May 2024, Libya's Minister of Investment, Ali Al-Saeedi Al-Qaidi, announced during the Russia–Islamic World: Kazan Forum that Libya was prepared to sign a new deal with Russian energy giant Tatneft to build an oil refinery inside Libya. The statement was seen as a signal that high-level talks were already underway. Meanwhile, Libya's National Oil Corporation (NOC) recently reassured international partners that all oil and gas operations are running smoothly. In a statement, the NOC confirmed that production and exports are proceeding across all fields and ports under strict safety and operational standards. As Libya continues to position itself as a stable energy supplier in the Mediterranean region, restoring relations with Russian companies may serve as a critical step in attracting foreign capital, technology, and long-term investment, particularly in refining, transport infrastructure, and downstream operations. Tags: CooperationEnergy FirmsgaslibyaoilRussia
