Libya offers investors more than a slice of cake

When it comes to foreign investments, Libyan Investment Minister Jamal Ellamushe says Libya is not just a cake for investors to share.

Indeed, it is a factory that produces all types of sweets, he said.

The oil-rich North African country until recently adopted socialist economic principles and was hit with harsh economic sanctions for nearly 10 years — from the 1990s until 2003.

Today the country is seeking to promote itself as an emerging hub for investors worldwide…read more


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