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
  • Child Dies by Drowning at Al-Zaafaran Beach in Sirte Due to Sea Currents
  • Faraj: The New Office of the Presidency of the State Council Has an Opportunity to Overcome Division
  • Gzait: State Council Gradually Losing Its Role as Some Powers Shift to Other Channels
  • Dust-laden winds in the east and thunderstorms over Bani Walid and the Western Mountain
  • General Commander Inspects Reconstruction and Development Projects in Benghazi
  • Al-Deebani: Visit by Benghazi Appeals Court Chief to Tripoli Strengthens Judicial Unity
  • Foreign Minister Reviews Preparations for Launch of Third Cohort at Institute of Diplomatic Studies
  • Zalla Oilfield Firefighting Teams Contain Blaze at City Farms
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Saturday, 1 August 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

Child Dies by Drowning at Al-Zaafaran Beach in Sirte Due to Sea Currents

Faraj: The New Office of the Presidency of the State Council Has an Opportunity to Overcome Division

Gzait: State Council Gradually Losing Its Role as Some Powers Shift to Other Channels

Dust-laden winds in the east and thunderstorms over Bani Walid and the Western Mountain

General Commander Inspects Reconstruction and Development Projects in Benghazi

Al-Deebani: Visit by Benghazi Appeals Court Chief to Tripoli Strengthens Judicial Unity

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 ·
30 Jul

The Turkish Consulate 🇹🇷 announces the commencement of its consular transactions ...and visa issuance services, starting from August 2, 2026, at its headquarters in the Al-Quwarshah district of #Benghazi.

The #Libya Update

Reply on Twitter 2082828940410867856 Retweet on Twitter 2082828940410867856 Like on Twitter 2082828940410867856 1 Twitter 2082828940410867856
thelibyaupdate The Libya Update @thelibyaupdate ·
30 Jul

Dust-laden winds in the east and thunderstorms over Bani Walid and the Western Mountain

Reply on Twitter 2082819257713180901 Retweet on Twitter 2082819257713180901 Like on Twitter 2082819257713180901 1 Twitter 2082819257713180901
thelibyaupdate The Libya Update @thelibyaupdate ·
30 Jul

General Commander Inspects Reconstruction and Development Projects in Benghazi

Reply on Twitter 2082717461657362652 Retweet on Twitter 2082717461657362652 Like on Twitter 2082717461657362652 Twitter 2082717461657362652
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.