Latest news with #BelgassimHaftar
Libya Observer
19 hours ago
- Business
- Libya Observer
Belgassim Haftar reviews Maltese companies' contribution to Libya's reconstruction projects
The Director General of the Libya Development and Reconstruction Fund, Belgassim Haftar, held official talks in Valletta with Deputy Prime Minister and Minister of Foreign Affairs Ian Borg, along with several senior Maltese officials, regarding the participation of Maltese companies in reconstruction projects in Libya. According to a statement posted by the Libya Development and Reconstruction Fund on Facebook on Friday, Haftar's meeting with officials in Valletta discussed cooperation between Libya and Malta in the fields of development and reconstruction, as well as opportunities for economic partnership and the involvement of Maltese companies in projects overseen by the Fund. The Deputy Prime Minister and Foreign Minister of Malta, during the meeting, expressed his country's growing interest in the Libyan market, noting the government's readiness to facilitate the operations of Maltese companies in Libya, to send an official delegation of businesspeople to explore investment opportunities, and to strengthen direct cooperation between the two countries. For his part, Haftar welcomed Malta's position, stressing the importance of expanding international partnerships and inviting foreign companies to contribute to Libya's reconstruction efforts. Tags: Belgasem Haftar Malta Maltese companies
Libya Observer
02-06-2025
- Business
- Libya Observer
HoR discusses adopting 69-billion-dinar budget for Belgassim Haftar's reconstruction fund
Libya's House of Representatives (HoR) has started discussing a proposed budget of 69 billion dinars over three years—23 billion annually—for the 'Libya Development and Reconstruction Fund,' which is headed by Belgassim Haftar, the son of Khalifa Haftar. The HoR session, held on Monday, was marked by verbal clashes between MPs Ezzedine Qweirib and Issa Al-Araibi. Qweirib called for a review of expenditures and better coordination with construction companies, while Al-Araibi denounced the criticism as obstructive 'grandstanding' in the face of what he described as the unstoppable 'reconstruction train.' MP Ali Bouzreiba also criticized the budget proposal, calling it vague and lacking in clarity. Following the heated exchanges, the live broadcast of the session was cut off. Later, the spokesperson for the House, Abdullah Bliheq, announced that the parliament had agreed in principle to draft the budget for the Reconstruction Fund, but requested clarifications and noted the importance of incorporating MPs' observations. Bliheq added that a parliamentary committee—with one representative from each electoral district—would be formed to meet with the fund's administration to ensure transparency in how the budget would be distributed across Libya's regions. He also noted the formation of a technical committee to study the Libya-Turkey agreement submitted by the parallel government in eastern Libya. Tags: House of Representatives Libya Development and Reconstruction Fund
