{"id":635963,"date":"2017-12-18T04:02:22","date_gmt":"2017-12-18T04:02:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/priority-will-be-given-to-egyptian-companies-in-the-reconstruction-of-libya\/"},"modified":"2017-12-18T04:02:22","modified_gmt":"2017-12-18T04:02:22","slug":"priority-will-be-given-to-egyptian-companies-in-the-reconstruction-of-libya","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/priority-will-be-given-to-egyptian-companies-in-the-reconstruction-of-libya\/","title":{"rendered":"Priority will be given to Egyptian companies in the reconstruction of Libya"},"content":{"rendered":"<p><strong>Priority will be given to Egyptian companies in the reconstruction of Libya, said Osama Hamad, Finance Minister of Libya\u2019s Government of National Accord<\/strong>. \u201cEgyptian companies have the ability to accomplish anything, and this is what we\u2019ve seen in our visit to the Suez Canal Economic Zone during our tour,\u201d Hamad tells state-owned news agency MENA. The Libyan government had announced back in 2012 that Egyptian companies will take part in USD 9 bn worth of projects as part of Libya\u2019s reconstruction, <a href=\"https:\/\/dailynewsegypt.com\/2017\/12\/16\/egyptian-companies-will-priority-libya-reconstruction-libyan-finance-minister\/\">according to Daily News Egypt<\/a>. Real estate development alone amounted to USD 5 bn, with Orascom and Hassan Allam Holding being the most prominent names in the list of companies participating in the reconstruction drive.<\/p>\n<p><strong>On the political front, elections in Libya appear to be high on people\u2019s minds. <\/strong>Egypt, Tunisia, and Algeria called for all parties to swiftly reach a political solution to allow for safe and timely elections. The three reiterated their support for Libya\u2019s national reconciliation through political dialogue, the three countries\u2019 foreign ministers <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/photos\/pcb.1804527632952508\/1804541122951159\/?type=3&theater\">said in a statement yesterday<\/a> following a tripartite meeting in Tunisia. The statement called on all Libyan factions to disarm in order to protect the country\u2019s best interests, and unify their institutions, including the Libyan army.<\/p>\n<p><strong>Libyan political factions are jockeying for positions ahead of the planned elections, which are expected next year. <\/strong>Eastern Libyan military commander Khalifa Haftar, whose forces are backed by Egypt, said on Sunday the UN-backed government was obsolete and he would listen to the will of the people, a firm hint he may run in elections expected next year, <a href=\"https:\/\/www.reuters.com\/article\/us-libya-security\/east-libyan-commander-haftar-says-u-n-backed-government-obsolete-hints-may-run-in-elections-idUSKBN1EB0FB\">according to Reuters<\/a>.<\/p>\n<p><strong>But perhaps the most surprising news appears to be Seif Al Islam Al Gaddafi planning to run for president<\/strong>, the family\u2019s spokesman, Basem al-Hashimi al-Soul,<a href=\"https:\/\/www.rt.com\/newsline\/413469-gadaffi-son-run-for-president\/\">confirmed to RT<\/a>. The son of deposed Libyan leader Muammar Gaddafi said he would run on a platform of restoring security. We anticipate this will go as smoothly as Ahmed Shafik\u2019s current presidential run.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Priority will be given to Egyptian companies in the reconstruction of Libya, said Osama Hamad, Finance Minister of Libya\u2019s Government of National Accord. \u201cEgyptian companies have the ability to accomplish anything, and this is what we\u2019ve seen in our visit to the Suez Canal Economic Zone during our tour,\u201d Hamad tells state-owned news agency MENA. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635963","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"88027ef3-d181-470a-8d70-da8b139ab26d","order":"0","is_powered_by":true,"section_story_id":"bf388894-32d5-40e8-aa8e-4bd3b564c879","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635944],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Priority will be given to Egyptian companies in the reconstruction of Libya - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/priority-will-be-given-to-egyptian-companies-in-the-reconstruction-of-libya\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Priority will be given to Egyptian companies in the reconstruction of Libya\" \/>\n<meta property=\"og:description\" content=\"Priority will be given to Egyptian companies in the reconstruction of Libya, said Osama Hamad, Finance Minister of Libya\u2019s Government of National Accord. \u201cEgyptian companies have the ability to accomplish anything, and this is what we\u2019ve seen in our visit to the Suez Canal Economic Zone during our tour,\u201d Hamad tells state-owned news agency MENA. 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