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Libyan Investment Company discusses portfolios activity.

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Tripoli, 25 January, 2021 (Lana) - During its meetings for the 2021 fiscal year , the Libyan Investment  Company discussed, along with the investment portfolios owned by the company, the activity of the portfolios and the most important work performed.  

The Company stated in a post on its official Facebook account that the meeting, which was held with the participation of the Libya Africa Investment Portfolio and the long-term investment portfolio, discussed measures implemented to end conflict of interest, in accordance with the amended statute, and measures taken by the governorate to implement the company’s instructions.

The meeting also discussed what the portfolio has done regarding the outcome of the analytical study to examine the impact of Corona pandemic on the company and its affiliates.

The attendees were briefed on the most important measures taken to communicate with the experts committee of the UN Security Council ‘s Sanctions Committee and the results achieved, and the measures taken regarding the "Lab Mauritius" company and the latest developments regarding the portfolio office in Jordan.  

 The meeting concluded with  a set of recommendations and effective mechanisms to address the existing problems and bottlenecks, and members of the board of directors of the Libyan Investment Company emphasized the need to unify investment policies and strategic plans for  2021, and urged all companies affiliated to it to continue cooperation with the Sanctions Committee and the Committee of Experts.