Saturday, August 9, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Economy

Libya Discusses Economic & Technical Ties with Egypt

January 5, 2024
Share on FacebookShare on Twitter

In a landmark move for Libya’s economic resurgence, Yakhlef Al-Sifaw, Minister of Technical and Vocational Education, emphasized the need to deepen economic relations with Egypt. This initiative is a crucial step in Libya’s journey towards post-conflict recovery, focusing on the revitalization of its technical and vocational sectors, through regional collaboration.

During a significant meeting in Tripoli on Thursday, Al-Sifaw engaged with leaders from the Libyan-Egyptian Businessmen Council, including its President, Mohamed Salem Qudah and Vice-President, Mukhtar Al-Qala’i. The meeting’s agenda was centered around enhancing Libyan capacities, critical for its economic revival and workforce development.

Key points from the discussion included Al-Sifaw’s plans to collaborate with the Islamic Bank, to enhance technical and vocational skills. Furthermore, he expressed a commitment to resolving financial challenges, which hinder the progress of teaching staff and assistants.

The Ministry emphasized that this meeting aimed to strengthen cooperation between the government, and the private sector. This initiative is essential for preparing the Libyan workforce with the skills needed to meet the private sector’s growing demands.

A major focus was the transfer of Egyptian expertise in modern technology to Libyan professionals, aligning with global standards. This led to an agreement to form a joint committee dedicated to developing and implementing strategies that foster broader collaboration across various sectors.

This development marks a significant stride in Libya’s broader strategy to rebuild its economy and stabilize the region. Collaborating with Egypt, a nation with extensive technical expertise and strong historical ties with Libya is strategically important, for addressing the skilled labour shortage in Libya.

Investing in technical and vocational training aligns with global economic trends, and is crucial for Libya’s growth. This approach positions Libya to build a skilled workforce, capable of driving economic development and ensuring long-term stability.

In conclusion, the meeting signifies Libya’s determination to enhance its economic and technical capabilities. This strategic partnership with Egypt underscores Libya’s commitment to rebuilding its economy, enhancing workforce skills, and establishing a foundation for a stable and prosperous future.

Next Post

Firearms & Grenades Seized During Security Operations in Benghazi

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Greek Navy to Maintain Presence in Libyan Sea

Greece Rejects Libya’s Maritime Claims in Letter to UN

Young Libyan Killed During Car Theft in West Libya

Benghazi Set to Host 1st Annual Arab Media Conference

Security Collapse Deepens Humanitarian Crisis in Libyan Capital

Libya’s NOC & LIA Discuss Projects to Boost State Revenues

EDITOR PICKS

Libyan Audit Bureau Clarifies Anti-Corruption Role

UN Mission Seeks Youth Input on Libya’s Political Process

Benghazi Hosts 1st WHO Training for Refugee Healthcare

Benghazi Set to Host 1st Annual Arab Media Conference

Libya’s NOC & LIA Discuss Projects to Boost State Revenues

Young Libyan Killed During Car Theft in West Libya

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR