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Sovereign Wealth Funds Briefing - Categorized | Investment

Libya not planning to increase UniCredit investment

Posted on 20 January 2012

The Libyan government has no plans to inject fresh cash into its foreign investments, including Italian bank UniCredit, as it needs the money for reconstruction efforts, the country’s central bank Governor, Saddeq Omar Elkaber, said.
Elkaber said the government was working on creating an investor-friendly environment in Libya after it emerged in October from a nine-month civil war that ended the rule of dictator Muammar Qaddafi………………………………………..Full Article: Source


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