President of General Union of Chambers of Commerce participates in Arab Food Security Conference in Morocco

The President of the General Libyan Union of Chambers of Commerce, Industry and Agriculture, Mohamed Al-Raied, participated in the Arab Food Security Conference in Marrakesh, Morocco on 3 October under the banner “The Role of Food Industries in Achieving Food Security”. In an exclusive interview with Libya Herald, the President of the General Union of Chambers of Commerce, Industry and Agriculture, Mohamed Al-Raied, said that there is a great desire among the chambers of commerce in Libya and the business owners affiliated with them, in parallel with the governmental, for Libya to have a prominent and pivotal role in Arab food security. Food security is importantAl-Raied pointed out the importance of local food industries, based partly or entirely on raw materials from inside and outside the country, in achieving food security within Libya and the Arab countries that have distinct, high-quality food industries that compete with food products in all countries of the world, considering joint Arab food security an issue of utmost importance. Arab food security to avoid food povertyThe head of the Libyan General Union of Chambers of Commerce welcomed all the successful attempts and experiences in the Arab world, which are in partnership between the private sector and with great government encouragement through the development of legislation. This legislation guarantees the protection of joint Arab investments in the field of food industries to ensure the achievement of Arab food sufficiency, which makes the Arab economies able to confront the risks of food poverty.

October 04, 2023 16:57 UTC


Libyan Iron and Steel achieves high HBI and DRI September production rates

The state Libyan Iron and Steel Company (LISCO) announced Sunday that it had achieved high production numbers in September of Hot Briquette Iron (HBI) and Direct Reduced Iron (DRI). LISCO stressed that through the sole use of local labour, the production of the reduction plants in its first, second and third units passed the planned monthly target for September 2023. The HBI September production target of 50.351 tons was easily surpassed by 119.11 percent with an actual production of 60.083 tons. September’s DRI production target of 79.498 tons was also surpassed by 108.87 percent with an actual production of 86.551 tons. Libyan Iron and Steel Company exports 12,000 tons of HBI to Egypt (libyaherald.com)LISCO exports 27,000 tons of HBI to Germany – another 10,000 tons to be shipped to Italy (libyaherald.com)LISCO exports 8,000 tons of hot ductile iron (HBI) to Turkey (libyaherald.com)Libyan Iron and Steel Company is preparing to export more than 100 thousand tons of iron (libyaherald.com)ibyan Iron and Steel (LISCO) exports to 38 countries – 136,000 tons to be exported in coming months (libyaherald.com)LISCO exports 5,800 tons of hot rolled coils to Egypt (libyaherald.com)Libyan Industrialists Conference 13 November, LISCO, Misrata (libyaherald.com)Ministry of Industry congratulates LISCO for its record-breaking production of 230 rolls of 8mm rebar (libyaherald.com)LISCO to increase production by 200,000 tons per annum (libyaherald.com)LISCO ships 650 tons of scrap (libyaherald.com)Zawia Technological Industrial Park seeks cooperation with LISCO – to open branches in Misrata and other cities (libyaherald.com)

October 04, 2023 16:13 UTC


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