Benghazi – The Libyan Post, Telecommunications and Information Technology Holding Company announced a call for members of the General Assembly. They are invited to convene for their first ordinary meeting of 2026. The meeting is scheduled for Sunday, March 29th, at 10:00 AM. It will be held at the Ministry of Communications and Informatics headquarters. The location is Al-Fuwayhat area in Benghazi. Attendees will discuss several regulatory and financial items. These items relate to the company’s operations and future plans.
The invitation is based on Commercial Activity Law No. (23) of 2010. It also follows executive decisions issued under this law. The call implements the provisions of the Libyan Post, Telecommunications and Information Technology Holding Company’s Articles of Association. Furthermore, it aligns with Libyan Government Cabinet Resolution No. (226) of 2023. This resolution concerns the re-formation of the company’s General Assembly.
The company’s Board of Directors stated the meeting’s agenda. It will include a presentation of the Board’s report on company activities in 2025. A supervisory authority report for the same period will also be presented. This aims to monitor the company’s administrative and financial performance last year.
The estimated budget for the 2026 fiscal year will be discussed and reviewed. The General Assembly will then approve it. A special report on overdue license fees and their payment mechanism will be presented. This aims to regulate financial procedures related to licenses. It will also enhance compliance with relevant regulations.
The agenda also includes an item on reconstituting the Board of Directors. This refers to the Libyan Post, Telecommunications and Information Technology Holding Company. Permission will also be granted for the General Assembly meetings of subsidiary companies. This is for the purpose of reconstituting the boards of those companies. The aim is to align them with future requirements.
A final agenda item is allocated. It will discuss any new business or topics. The General Assembly deems these necessary for deliberation and decision-making.
The Board of Directors confirmed a contingency. If the meeting cannot be held as scheduled due to a lack of legal quorum, it will be postponed. The rescheduled meeting will take place the very next day. This is Monday, March 30th. It will be at the same specified time and location. This adheres to the provisions of the applicable commercial law.
This invitation is part of the company’s regular regulatory procedures. These procedures aim to monitor operations and develop performance. They also seek to strengthen governance and management mechanisms. This applies to the post, telecommunications, and information technology sector in Libya.