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...
View ArticleLibya: 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...
View ArticleUK 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...
View ArticleVideo: 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...
View ArticleAlbania 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...
View ArticleLibya 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...
View ArticleGovt 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...
View ArticleEU 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...
View ArticleLibya 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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