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Libya to Spend Billions on Defence

The Libyan government is looking to spend at least 6 billion dinars ($4.7 billion) on defence and national security in the coming year, according to a report from The National. Colonel Abd El Nasser...

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Libya: Shining Example or Dire Warning?

Libya is going shopping for defence equipment, and has $5 billion to spend over the coming year. Given the size of the country, and the nature of the security challenges it faces, the government will...

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UK Minister in Libya to Boost Military Sales

The British Defence Minister Philip Hammond arrived in Tripoli on Tuesday to meet Libyan defense and security officials, and to open a security and arms fair on the Royal Navy warship HMS Kent...

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Video: Looted Gaddafi Arms Flooding into Gaza

From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. A 5-member expert United Nations panel has sent a new report to...

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Albania Denies Breaching Arms Embargo

Albania has breached no international arms embargo on Libya, Secretary General of the Defense Ministry Edvin Kulluri told reporters on Friday, Albania’s Defense Ministry has denied claims by opposition...

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Libya Asks Russia to Lift Arms Embargo

The head of a Russian military company has said that an unidentified Libyan government official delivered to him a letter asking to resume frozen weapons contracts. Sergei Chemezov (pictured), Chief...

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Govt Denies Seeking Arms from Russia

The Libyan government has denied reports that it is seeking to resume arms supplies from Russia. A spokesman for the Ministry of Defense told Libya Herald that there was no truth whatsoever in rumours...

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EU Allocates Funds for Libyan Security

To assist Libya in the fight against proliferation of small arms, the Council allocated €5 million to support physical security and stockpile management activities to reduce the risk of the illicit...

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Libya to Buy Guns from Turkey

Libya has submitted a request to the Turkish government to buy 20,000 rifles, reports Libya TV. The 7.62 mm and 5.56 mm caliber G3 rifles will be manufactured in Turkey. Turkey’s Mechanical and...

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