BACB Libya Background

Salim Abukhzaam talks peace, finance and trade in Libya in The Banker

Posted on 28/06/2021

Insights

A degree of cautious optimism is returning to Libya. A country abundant in natural resources, it has not yet had a chance to realise its commercial potential, having been divided by conflict ever since the 2011 uprising.

But recent developments suggest that positive change is afoot. Salim Abukhzaam, in a recent article for The Banker, explains how the ongoing peace process, ahead of December elections in the country, is providing new cause for hope. And this is not just for Libyan society, but also for businesses, both domestic and foreign.

As the security situation continues to improve, he explains why global investors are already positioning themselves to harness the opportunities that will inevitably arise from the country’s recovery.

Read the full article on The Banker.