Libya Africa portfolio updates
The Board of Directors of the Libya Africa Investment Portfolio held its first meeting at its headquarters, chaired by Mustafa Abufanas. The meeting focused on important issues, including the Misrata Cement Plant project, for which the management was tasked with preparing a study to establish a joint-stock company for the project. They also discussed the Libya Africa Transit Corridors project, conducting a study to establish a holding company. Additionally, the financial statements for the fiscal years 2024 and 2025 were approved. A timetable was set for holding general assembly meetings of the subsidiary companies before mid-August, as part of ongoing efforts to monitor the portfolio's strategies and enhance its investments both domestically and internationally.
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