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AbdulMagid Breish
AbdulMagid AbdulSalam Breish (born October 11, 1951) is a prominent Libyan international investment banker. Education Breish holds a Bachelor of Arts in Political Sciences from the American University of Beirut, graduating in 1975. In 1977 he gained a Diploma in Financial Analysis and Policy Diploma, from the International Monetary Fund in Washington DC. Breish speaks fluent Arabic, English and Italian. Career Breish has over 40 years of experience working in the banking and finance sector. Breish started his career in banking in 1975 when he joined the Libyan Arab Foreign Bank in Tripoli, Libya. In 1980 he moved to the Arab Banking Corporation (ABC) and served as Head of Business Development until 1985 before transferring to Tokyo as Chief Representative. In 1988 Breish took over as Managing Director of ABC Investment & Services Co. (E.C.) the ABC Group’s Investment Bank in Bahrain. In 1991 he assumed the position of General Manager of ABC International Bank plc, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libyan Investment Authority
The Libyan Investment Authority (LIA; ar, المؤسسة الليبية للاستثمار) is a government-managed sovereign wealth fund and holding company headquartered in Tripoli, Libya, Tripoli, Libya. It was established on August 28, 2006, by Decree 208 of the General People's Committee of Libya (GPC), after the lifting of economic sanctions that had previously precluded Foreign direct investment, foreign investment in Libya. The LIA oversees and manages investments in various areas including agriculture, real estate, infrastructure, oil and gas and in shares and bonds. It is Africa's largest sovereign wealth fund. The fund is a member of the International Forum of Sovereign Wealth Funds and is therefore signed up to the Santiago Principles on best practice in managing sovereign wealth funds. In October 2023, the fund has US$67 billion in assets under management. Purpose The LIA was established in August 2006 to manage Libya's mounting Peak oil, oil revenue surplus and is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |