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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 ...
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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. 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 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 oil revenue surplus and is headquartered in Tripoli. The LIA counts the assets ...
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Libya
Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad to the south, Niger to the southwest, Algeria to the west, and Tunisia to the northwest. Libya is made of three historical regions: Tripolitania, Fezzan, and Cyrenaica. With an area of almost 700,000 square miles (1.8 million km2), it is the fourth-largest country in Africa and the Arab world, and the 16th-largest in the world. Libya has the 10th-largest proven oil reserves in the world. The largest city and capital, Tripoli, is located in western Libya and contains over three million of Libya's seven million people. Libya has been inhabited by Berbers since the late Bronze Age as descendants from Iberomaurusian and Capsian cultures. In ancient times, the Phoenicians established city-states and tr ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is St ...
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American University Of Beirut Alumni
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the " United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soc ...
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Libyan Bankers
Demographics of Libya is the demography of Libya, specifically covering population density, ethnicity, education level, health of the populace, economic status, and religious affiliations, as well as other aspects of the Libyan population. The Libyan population resides in the country of Libya, a territory located on the Mediterranean coast of North Africa, to the west of and adjacent to Egypt. Libyans live in Tripoli. It is the capital of the country and first in terms of urban population, as well as Benghazi, Libya's second largest city. History Historically Berber, over the centuries, Libya has been occupied by the Phoenicians, Greeks, Romans, Arabs, and Italians. The Phoenicians had a big impact on Libya. Many of the coastal towns and cities of Libya were founded by the Phoenicians as trade outposts within the southern Mediterranean coast in order to facilitate the Phoenician business activities in the area. Starting in the 8th century BC, Libya was under the rule of the ...
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Gaddafi Regime
Muammar Gaddafi became the ''de facto'' leader of Libya on 1 September 1969 after leading a group of young Libyan Army officers against King Idris I in a bloodless coup d'état. After the king had fled the country, the Revolutionary Command Council (RCC) headed by Gaddafi abolished the monarchy and the old constitution and established the Libyan Arab Republic, with the motto " freedom, socialism and unity". After coming to power, the RCC government initiated a process of directing funds toward providing education, health care and housing for all. Public education in the country became free and primary education compulsory for both sexes. Medical care became available to the public at no cost, but providing housing for all was a task the RCC government was unable to complete. Under Gaddafi, per capita income in the country rose to more than US$11,000, the 5th highest in Africa. The increase in prosperity was accompanied by a controversial foreign policy, and there was incr ...
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National Transitional Council
The National Transitional Council of Libya ( ar, المجلس الوطني الإنتقالي '), sometimes known as the Transitional National Council, was the ''de facto'' government of Libya for a period during and after the Libyan Civil War (2011), Libyan Civil War, in which anti-Gaddafi forces, rebel forces overthrew the Libyan Arab Jamahiriya of Muammar Gaddafi. The NTC governed Libya for a period of ten months after the end of the war, holding 2012 Libyan General National Congress election, elections to a General National Congress on 7 July 2012, and handing power to the newly elected assembly on 8 August. The formation of the NTC was announced in the city of Benghazi on 27 February 2011 with the purpose to act as the "political face of the revolution". On 5 March 2011, the council issued a statement in which it declared itself to be the "only legitimate body representing the people of Libya and the Libyan state".The Interim Transitional National Council Decree 3. 5 March ...
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United Nations Security Council Resolution
A United Nations Security Council resolution is a United Nations resolution adopted by the fifteen members of the Security Council (UNSC); the United Nations (UN) body charged with "primary responsibility for the maintenance of international peace and security". The UN Charter specifies (in Article 27) that a draft resolution on non-procedural matters is adopted if nine or more of the fifteen Council members vote for the resolution, and if it is not vetoed by any of the five permanent members. Draft resolutions on "procedural matters" can be adopted on the basis of an affirmative vote by any nine Council members. The five permanent members are the People's Republic of China (which replaced the Republic of China in 1971), France, Russia (which replaced the defunct Soviet Union in 1991), the United Kingdom, and the United States. , the Security Council has passed 2662 resolutions. Terms and functions mentioned in the UN Charter The term "resolution" does not appear in the te ...
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United Nations
The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations. It is the world's largest and most familiar international organization. The UN is headquartered on international territory in New York City, and has other main offices in Geneva, Nairobi, Vienna, and The Hague (home to the International Court of Justice). The UN was established after World War II with the aim of preventing future world wars, succeeding the League of Nations, which was characterized as ineffective. On 25 April 1945, 50 governments met in San Francisco for a conference and started drafting the UN Charter, which was adopted on 25 June 1945 and took effect on 24 October 1945, when the UN began operations. Pursuant to the Charter, the organization's objectives include maintaining internationa ...
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BDO International
BDO (an acronym for Binder Dijker Otte) is an international network of public accounting, tax, consulting and business advisory firms that provide professional services under the name BDO. It is the fifth-largest accounting network in the world. Global fee income of the member firms in the network for the year ended 30 September 2021, including the members of their exclusive alliances, totaled US$11.8 billion. Each BDO member firm is an independent legal entity in its own country. The network, founded in 1963 as Binder Seidman International Group by firms from Canada, Germany, the Netherlands, the UK and the US, is coordinated by BDO Global Coordination B.V., with an office in Zaventem, Belgium. In 1973, the organisation adopted the name BDO, made up from the initials of the three founding firms: Binder (UK), Dijker (Netherlands) and Otte (Germany). Australia Established in 1975, BDO Australia has offices in Brisbane, Cairns, Sunshine Coast, Sydney, Melbourne, Hobart, ...
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High Court Of Justice
The High Court of Justice in London, known properly as His Majesty's High Court of Justice in England, together with the Court of Appeal and the Crown Court, are the Senior Courts of England and Wales. Its name is abbreviated as EWHC (England and Wales High Court) for legal citation purposes. The High Court deals at first instance with all high value and high importance civil law (non-criminal) cases; it also has a supervisory jurisdiction over all subordinate courts and tribunals, with a few statutory exceptions, though there are debates as to whether these exceptions are effective. The High Court consists of three divisions: the King's Bench Division, the Chancery Division and the Family Division. Their jurisdictions overlap in some cases, and cases started in one division may be transferred by court order to another where appropriate. The differences of procedure and practice between divisions are partly historical, derived from the separate courts which were merged i ...
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Société Générale
Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense. Société Générale is France's third largest bank by total assets after BNP Paribas and Crédit Agricole. It is also the sixth largest bank in Europe and the world's eighteenth. It is considered a systemically important bank by the Financial Stability Board. From 1966 to 2003 it was known as one of the ''Trois Vieilles'' ("Old Three") major French commercial banks, along with Banque Nationale de Paris (from 2000 BNP Paribas) and Crédit Lyonnais. History 19th Century The bank was founded by a group of industrialists and financiers during the Second Empire on May 4, 1864. Its full name was ''Société Générale pour favoriser le développement du commerce et de l'industrie en France'' ("General Company to Support the Development of Commerce and Indu ...
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