Close Menu
Libya Update NewsLibya Update News
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Facebook X (Twitter) RSS
Trending
  • Al-Koni: Europe’s security is linked to Libya’s security and addressing migration starts from countries of origin
  • Resumption of the Libya Powerlifting Championship in Tripoli
  • Musaad Boulus Stresses Importance of Implementing Unified Budget and Safeguarding Independence of Sovereign Economic Institutions in Libya
  • Director General of the National Development Agency Inspects the Sirte Free Zone Project
  • Amid Ongoing Diesel Crisis in Libya, Al-Brega Explains Mechanism for Supplying Private Sector and Contracting Conditions
  • WHO warns of rise in number of new cancer cases
  • Al-Namroush Meets Italian Counterpart to Discuss Development of Military Cooperation
  • Residents of Al-Haniyah Call for Urgent Intervention to Repair Al-Haniyah–Masa Road
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Saturday, 11 July 2026
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Libya Update NewsLibya Update News
Home » Derna Reconstruction Fund sign major deal to rebuild city’s infrastructure

Derna Reconstruction Fund sign major deal to rebuild city’s infrastructure

Tuesday, January 2, 2024 National 2 Mins Read
Derna Reconstruction Fund sign major deal to rebuild city’s infrastructure

Executive Director of Derna Reconstruction Fund, Belqasim Khalifa, and board chairman of Egyptian construction company Arab Contractors, Ahmed Al-Assar, signed today a “major” deal to rebuild city’s infrastructure.

According to a statement by Libya’s parliament-backed government, the agreement includes contracts for the construction of new bridges at the western entrance of the city of Derna, which was swept away by heavy floods in the aftermath of of Storm Daniel on September 10.

Both sides also signed a contract to construct a bridge at the top of Wadi Abu Mahboul on the sea road linking the cities of Sousse and Derna, and a bridge at the top of Wadi Markus on the sea road also linking the two cities.

During the ceremony, Belqassim Khalifa stressed upon “the necessity of completing the work as soon as possible in order to solve the bottlenecks that the city of Derna suffers from, with the need to maintain quality,” according to the government’s statement.

Last Wednesday, the parliament-backed government, led by Prime Minister Osama Hammad, announced the formation of the Derna Reconstruction Fund, and appointed Belqassim Khalifa as executive director of the fund.

Yesterday, Belqassim Khalifa and Osama Hammad visited Dena, examining the scale of flood damage in multiple locations.

Derna Libya
Follow on Google News Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Email Reddit Telegram WhatsApp Copy Link
Previous ArticleNasia: No decision on unification of sovereign positions before forming new government
Next Article Over 17,000 illegal migrants rescued off Libyan coast in 2023

Keep Reading

Al-Koni: Europe’s security is linked to Libya’s security and addressing migration starts from countries of origin

Director General of the National Development Agency Inspects the Sirte Free Zone Project

Al-Namroush Meets Italian Counterpart to Discuss Development of Military Cooperation

Residents of Al-Haniyah Call for Urgent Intervention to Repair Al-Haniyah–Masa Road

Libyan News Agency and Italy’s Italpress Sign Agreement in Palermo to Enhance Media Cooperation and Partnership Between Italy and Libya

National Security Council Adopts New Plan to Strengthen National Decision-Making

Follow us on Twitter

The Libya Update Follow

Stay ahead of the curve with The #Libya Update - your go-to source for news and insights on Libyan politics, business, culture, and more. #LibyaNews

TheLibyaUpdate
thelibyaupdate The Libya Update @thelibyaupdate ·
11h

Al-Koni: Europe’s security is linked to Libya’s security and addressing migration ...starts from countries of origin

Reply on Twitter 2075614330922397893 Retweet on Twitter 2075614330922397893 Like on Twitter 2075614330922397893 Twitter 2075614330922397893
thelibyaupdate The Libya Update @thelibyaupdate ·
11h

Resumption of the Libya Powerlifting Championship in Tripoli

Reply on Twitter 2075612323130019899 Retweet on Twitter 2075612323130019899 Like on Twitter 2075612323130019899 Twitter 2075612323130019899
thelibyaupdate The Libya Update @thelibyaupdate ·
18h

Musaad Boulus Stresses Importance of Implementing Unified Budget and Safeguarding ...Independence of Sovereign Economic Institutions in Libya

Reply on Twitter 2075512807798255871 Retweet on Twitter 2075512807798255871 Like on Twitter 2075512807798255871 Twitter 2075512807798255871
libya update
Facebook X (Twitter) RSS

News

  • National News
  • The Maghreb News
  • Middle East News
  • Business News
  • Sports News

Company

  • Information
  • Ethics Policy
  • Corrections Policy
  • Fact-Checking Policy
  • GDPR Policy

Categories

  • Editors’ Picks
  • Opinion
  • Health & Lifestyle
  • Videos
  • Infographics

Subscribe to Updates

    © 2026 All copyrights reserved. The Libya Update.
    • About Us
    • Privacy Policy
    • Advertising

    Type above and press Enter to search. Press Esc to cancel.