Türkiye‘s direct investments abroad have experienced a consistent increase, particularly driven by a strong surge in real estate transactions. In September, Türkiye’s outbound direct investment reached $236 million, with $149 million allocated to real estate acquisitions. Inbound direct investment (September 2024): $434 million, with $164 million from real estate investments. Real estate investment surgeReal estate has become a key factor in Türkiye’s foreign investment strategy. Real estate’s dual roleBoth inbound and outbound real estate investments are playing a significant role.

The mufti of the Republic of Kosovo, Naim Tërnava, at the head of a large Kosovar delegation, was received today at his residence by the leader of Libya, Muammar el Gaddafi, the information service of the Islamic Community of Kosovo announces. The religious leaders of the region were also present at that reception. The Mufti informed the Libyan leader that the first Mosque in Kosovo was built in 1389 after the Battle of Kosovo and now Kosovo has over 700 mosques. At the end of the speech, the Mufti of Kosovo presented the Libyan leader with a handmade map of Kosovo made from the precious ores of Trepça and a monograph on mosques and Islamic religious buildings destroyed by Serbian aggression during the 98/99 war. The Libyan leader was very pleased that this meeting with the Kosovo delegation took place, saying: "Our hearts were breaking with pain for you, when you were going through suffering, massacres and mass expulsions from your lands by criminals.

A total of 161 stranded irregular Bangladeshi migrants returned home on Wednesday from Libya and Tunisia separately.The repatriation has taken place under the joint initiative of the foreign ministry, Bangladesh Embassy in Tripoli and the International Organization for Migration (IOM), a foreign ministry's press release said here.Among the returnees, 143 returned home from Libya in a chartered Buraq Air flight (UZ 0222), which landed at Hazrat Shahjalal International Airport (HSIA) at 6:15 am.Before that 18 stranded Bangladeshi returned here from Tunisia by a Turkish Airlines flight No-TK 712 that landed at HSIA at 5.25 am.Upon arrival, the repatriated migrants were received by the officials of the foreign ministry and IOM at the airport.Most of the returnees had entered Libya and Tunisia illegally with the intention of reaching Europe by sea, influenced and aided by human traffickers.Many of them had suffered abduction and abuse during their time in Libya, said the press release.The foreign ministry's officials urged the returnees to raise awareness within their communities about the danger of illegal migration, particularly the perilous journey to Europe via Libya.

Copy LinkAmazon has unveiled “Amazon Haul,” a new budget-focused storefront within its mobile app and website, aimed at competing with fast-growing Chinese retailers Shein and Temu, the company announced today. The launch comes as Amazon faces mounting competition from Temu and Shein in the low-cost retail space. Safety and compliance focusAmazon aims to differentiate its offering through enhanced product safety measures and regulatory compliance, backed by its “A-to-z Guarantee”. “We’re ensuring all products meet our strict safety standards while maintaining competitive pricing,” an Amazon spokesperson said. Market strategyThe rise of Temu and Shein has been particularly notable among younger consumers seeking affordable merchandise across various categories.

Libya’s state National Oil Corporation (NOC) announced today that the country has reached new production levels – the highest in ten years. Crude oil and condensate production reached 1,374,118 barrels per day (bpd) and 202,983 barrels equivalent of gas, bringing the total to 1,577,101 barrels.‎The NOC had reported on 5 November a new record production figure of 1,364,438 barrels per day (bpd) of crude oil and 208,000 barrels of gas equivalent.‎This equates to an increase in crude oil and condensate production of 37,701 barrels per day, in addition to 24,461 barrels of gas equivalent per day.‎The NOC credited the Tripoli based Libyan government for its (financial) support, the oil sector workers, and the safe operating environment provided by the Libyan Army throughout the country in the east, west and south.‎NOC’s increased production announcements – approaching 1.5 million barrels per day

TRIPOLI, Nov. 13 (Xinhua) -- The state-owned National Oil Corporation (NOC) of Libya on Wednesday announced that the daily production of oil, gas and condensates is 1,577,101 barrels. "The total readings recorded today, Wednesday, for crude oil and condensate production rates reached 1,374,118 barrels, and for gas 202,983 barrels equivalent, bringing the total to 1,577,101 barrels," NOC said in a statement. "This production level of the Libyan oil and gas sector has not been recorded for more than ten years. Prime Minister Abdul-Hamed Dbeibah praised the production increase, confirming plans to increase daily oil and gas production to 2 million barrels by the end of next year. Libya's oil industry, the backbone of its economy, has frequently been caught in the crossfire of political disputes since the fall of former leader Muammar Gaddafi in 2011.

Speaking during a live broadcast on TV100, a Turkish news channel, Guler emphasized that Türkiye must be prepared for any scenario. When asked if Israel could be a direct threat to Türkiye, Guler responded, “Our President is warning society because he sees this danger. The defense minister stressed that Türkiye’s priority is maintaining peace, but added that the country’s security forces are making detailed plans for any potential threat. We are responsible for the security of the Turkish Republic and the Turkish nation. Defense Minister GulerGuler’s comments come amid heightened regional tensions, with Israel’s military operations in Gaza and Lebanon sparking widespread concerns across the Middle East.

SZ-12/11/24The IOM reported today that over the past weeks, it organised three successful job fairs at YESS (Youth Employment One Stop Shop) Centres in Tripoli and Sebha. The IOM says YESS, supported by the EU and Italy, aims to provide youth with better employment opportunities. With the participation of over 30 companies from various industries and over 220 YESS graduates, the IOM says these fairs offered valuable opportunities for networking, career exploration, and advancing professional dreams.

Türkiye continues to support efforts aimed at ensuring Libya’s political unity, territorial integrity, and lasting peace, according to sources from the Turkish Ministry of Foreign Affairs speaking to Turkish media outlet TRT. Turkish officials have maintained contact with all factions in Libya through international meetings, bilateral visits and events hosted in Türkiye. (Photo by Mahmud Turkia / AFP) People catch fish along the corniche promenade in Tripoli on November 6, 2024. (Photo by Mahmud Turkia / AFP) People catch fish along the corniche promenade in Tripoli on November 6, 2024. (Photo by Mahmud Turkia / AFP) Children ride swings in Tripoli on November 6, 2024.

A number of Tunisian traders protested on Monday in front of the headquarters of the Bengardane municipality, located in southern Tunisia near the border with Libya, against the continued suspension of their main commercial activity due to a Libyan tightening of the movement of goods. The protesters called on the Tunisian authorities to intervene to find solutions for thousands of workers in the inter-trade between the two countries, which represents a main income for several families who have been engaged in this activity for years and live on (smuggling) fuel, electronic goods and food. The protesters, most of whom are smugglers who call themselves (small traders), called on the Tunisian authorities to impose the principle of reciprocity, considering the prevention of Tunisians from bringing goods from Libya and allowing the transfer of Tunisian goods to Libya, even subsidized food, as unacceptable. Tunisian MP Ali Zaghdoud described the trade situation between Tunisia and Libya as "deplorable", especially for "small traders", noting that the halt in trade between the two countries since last March has left a large number of people in Bengardane and other cities unemployed and in difficult social conditions, due to the disruption of their main activity. Since last March, the Libyan authorities have banned Tunisian travelers, especially car owners, from transporting goods from Libya to Tunisia, as part of a campaign to combat smuggling that has harmed the Libyan economy.

Thirteen migrants, including seven Nigerians, have been deported from Libya for breaching the country’s laws. The deportation, overseen by Libya’s Department for Combating Illegal Migration (DCIM), took place at the Qanfoudah Immigration Detention Center in Benghazi. According to a post on X by Migrant Rescue Watch on Tuesday, the deported individuals included seven Nigerians, three Bangladeshis, and three Ghanaians. The post reads, “#Libya 12.11.24 – DCIM deported from Qanfoudah Immigration Detention Center 13 #migrants (Bangladesh 3 , Ghana 3 and Nigeria 7) via Benina International Airport in Benghazi. All individuals were deported for violating laws in force in the Libyan state.

TRIPOLI, Nov. 8 (Xinhua) -- Seven African migrants were killed and several others injured when a residential building collapsed in the Janzour district, west of the Libyan capital Tripoli, the International Organization for Migration (IOM) said on Friday. "A three-story building housing African migrants collapsed last night ... leaving approximately 7 dead (including women and children) and several others have been rescued," IOM said in a statement. "We express our condolences to the families of the victims," the statement added. IOM said it is ready to assist the affected migrants and support authorities in the rescue operations. The cause of the building collapse is still under investigation.

December 10, 20242:00 PM ET / 1:00 PM CT / 11:00 AM PT / 7:00 PM GMTDuration: 1 hourSponsor: AvettaAlready registered? Click here to log in. SummaryStay ahead of upcoming legislative changes in the Health, Safety, and Environment (HSE) landscape. With new regulations on the horizon—like the anticipated heat stress standard—employers and safety professionals must stay informed to ensure compliance and protect their workforce. In this webinar, we will break down the latest regulatory developments from Washington, D.C., explain their potential impact on your business, and provide actionable insights to help you prepare.

A study entitled ‘‘Libya’s public employment Crisis – The Critical Need to Shift from Patronage to Performance’’ published last month by Friedrich-Ebert-Stiftung (FES) and authored by Jalel Harchaoui and Colin Powers, says that public sector employment is failing to provide the needs of the Libyan people. The 14-page study considers the state of public employment in the post-2011 period. (iii) Despite consuming an outsized portion of the state budget, public sector employment has diminished in its effectiveness as a redistributive mechanism. (iv) In relative terms, younger cohorts and those from peripheral regions have access to fewer public sector opportunities. (v) Public sector hiring decisions are increasingly mediated by considerations of power and ‘‘wasta’’ (who you know).

The British government announced on Thursday the imposition of sanctions on individuals and entities in three African countries: Libya, the Central African Republic and Mali. This is due to their association with the Russian Wagner mercenary group. The British Foreign Office explained in a report that the sanctions target three private mercenary groups linked to the Kremlin, including the Africa Corps, and 11 individuals linked to Russian agents, as it put it. Russia was accused of trying to exploit fragile security environments and natural resources in these countries to achieve its gains and expand the scope of the Kremlin's influence. According to the British Foreign Office, the government has also imposed 56 new sanctions on Russia, including citizens linked to the Wagner Group.