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World views are so opposite that they cannot communicate with each other.
If your world view is that religion serves the purpose of helping us behave better, then you can tolerate it as long as a people's religion helps people behave better. Should religion make them behave worse, then you must help them develop better behavior in spite of their religion. This is the worldview of a secularist.
If your world view is that your purpose and objective is to connect with God, then your behavior toward others is of second or even third concern. It is the objective of the religious Muslim who knows and literally believes their Quran to bring the entire globe under submission - to their God. This is the world view of the religious Muslim.
Western Secularists will try and discuss peace with the Middle Easter Secularists. They are free to compromise since both see their holy scriptures as a guideline, not a rule. Their will be much discussion, and this will bear no fruit.
Because secularist of neither Mid-East nor West can persuade the
fundamentalists to give up their purpose.
This lack of understanding will results in secularists continuing their roles as unwitting pawns used by both sides to provide temporary breaks in the fighting to rearm and resupply.
Most of the world cannot process & interpret what they see, because it is such a long cycle of events.
Secularists cannot conceive of a world where relationship with God precedes relationship with man...
Therefore, they will not get it; they cannot get it. This has been war, is war, and will be war. The Jihadists are prepared to fight until they die or set up an Global Islamic State, and local Islamic states in all countries on earth.
In their collective mind, they have never stopped pursuing this goal. They have just been rearming and reequipping for the last 80 years.
Do Secularists have the passion to fight a defensive war of attrition? To Help Jihadis Die, to win or ....come to know Jesus? Every knee shall bow, and every tongue confess, the Jesus Christ is Lord.
Tuesday, March 20, 2007
Mulsim BrotherHood in the US
Two disturbing writing receiving widespread circulation in recent day tell me a great deal about how many Muslims in the United States perceive themselves and why U.S. policy is so far, and dangerously off the mark in countering the threat of Islamists.
The first is a Washington Post op-ed” by Genieve Abdo, the keynote speaker at a recent CAIR conference. In the piece she lays out, more strongly and honestly than most of the CAIR leaders have dared to do, the true Islamist/CAIR agenda in the United States. She essentially outlines the Muslim Brotherhood position against Islamic assimilation into the Western world and starkly states that Islamist really have no interest in such assimiliation. “
What all this means is that Western hopes for full integration by Muslims in the West are unlikely to be realized and that the future of the Islamic world will be much more Islamic than Western,” she writes. This is true as long as she, CAIR and other Islamist groups continue to preach to the new generation that the more alienated one is from our culture the closer to Allah they really are.
Read the Rest from Douglas Farah
The first is a Washington Post op-ed” by Genieve Abdo, the keynote speaker at a recent CAIR conference. In the piece she lays out, more strongly and honestly than most of the CAIR leaders have dared to do, the true Islamist/CAIR agenda in the United States. She essentially outlines the Muslim Brotherhood position against Islamic assimilation into the Western world and starkly states that Islamist really have no interest in such assimiliation. “
What all this means is that Western hopes for full integration by Muslims in the West are unlikely to be realized and that the future of the Islamic world will be much more Islamic than Western,” she writes. This is true as long as she, CAIR and other Islamist groups continue to preach to the new generation that the more alienated one is from our culture the closer to Allah they really are.
Read the Rest from Douglas Farah
Wednesday, March 14, 2007
al Taqwa Bank
...... Switzerland's Secret Service has long maintained that the Geneva Islamic Center has been used to train terrorists from Algeria and Afghanistan.
The Islamic Center in Rue des Eaux Vives, Geneva contains a large mosque, a cultural center, a school and a lecture hall.
- In 1977, it was revealed that this mosque was funded by the Muslim World League. Following its official inauguration by Saudi King Kahled Bin Abdul Aziz, it now annually receives $5,066,130 from the Saudi establishment. It is now headed by Said Ramadan's son Hani, who in 2002 was fired as a public school teacher for defending the Sharia practice of stoning adulterous women to death.
The Geneva center has been linked with the establishment of a Muslim Brotherhood bank, called the Al Taqwa bank, in 1988. This funded terrorist enterprises. According to a 2003 US Treasury report (p. 71): "Terrorist use of online banking services is facilitated in part by banks that have terrorist ties. For instance, Al-Taqwa Bank, founded by the Muslim Brotherhood in the Bahamas in 1988, maintained branches in - Algeria,
- Liechtenstein,
- Italy, Malta,
- Panama
- Switzerland
and provided banking services to al-Qaeda and HAMAS until it was shut down by sanctions in the wake of September 11, 2001."
March 15, 2002
According to an unpublished list obtained by Salon, the Al Taqwa bank, part of a network of financial companies named by the Bush administration as a major source and distributor of funds for Osama bin Laden's terrorist operations, has shareholders that include prominent Arab figures from numerous countries in the Middle East.
- Among the shareholders are the grand mufti of the United Arab Emirates and prominent families in the UAE and Kuwait.
- Two sisters of Osama bin Laden are also on the list, undermining the bin Laden family's claim that it separated itself from his terrorist pursuits after he was expelled from Saudi Arabia in 1994.
*******************************************************
January 2002
In a January 2002 letter to Swiss authorities, a senior Treasury official privately spelled out the U.S. government’s case that the Bahamian bank—one arm of an international financial network known as Al-Taqwa (Arabic for “Fear of God”)—had a lengthy history of “financing and facilitating the activities of terrorists,” including providing millions of dollars in funding for Al Qaeda and Hamas.
The Treasury letter, and another one involving Saudi businessman
Yassin A. Kadi, provide a revealing new window into the murky world of terror finance—at least as viewed by U.S. counterterrorism officials. Based largely on secret intelligence sources, the Treasury documents attempt to show how Kadi and Al-Taqwa and its founder, Youssef M. Nada, used concealed bank accounts, complex land deals and other hard-to-trace methods to steer large sums of money to terrorists.
The Rest published on June 7th, 2007, @ Family Security Matters
****************************************************
Ahmed Idris Nasreddin was a director at the Bank. The US froze most of his assets,
but MSNBC Reported in 2005 that he was operating in Nigeria under a company named NASCO. Here is their website.
According the MSNBC Report, Nasco Investment & Property Company Ltd. Is owned by the Family.
-Shimron
************************************
According to the Secretary of the Commonwealth of Massachusetts, the following companies are susspected Terrorists organizations:- Nasco Business Residence Center
- SAS di Nasreddin Ahmed Idris
- ECNasco Nasreddin Holding
- A.S.Nascoservice S.R.L.
- Nascotex S.A. (a.k.a. Industrie Generale de Filature et Tissage; a.k.a. Industrie Generale de Textile)
- Nasreddin Company Nasco SAS di Ahmed Idris Nasreddin
- ECNasreddin International Group Limited Holding (a.k.a. Nasreddin International Group Ltd. Holding)
- Nasreddin Foundation (a.k.a. Nasreddin Stiftung)
- Nasreddon Group International Holding Limited (a.k.a. Nasreddin Group International Holdings Limited)
Making a Jihad Move on Uganda on 3 Fronts
In the last few weeks, A concerted Muslim move on Uganda, a Majority Christian Country, appears to have been carried out on 3 Fronts: Government, Business, and Conflict
Saudi has a new Start up telecom called "hits". This gives Salafists a reason to invest in local minority Muslim groups. Kony has agreed to reengage in Peace Talks, but only of the Khartoum, Sudanese government is involved in negotiations. This gives direct Jihadists direct access to putting pressure in Uganda. Now when minority Muslims begin to make political moves toward Sharia law, Qaddafi can put pressure on the government, Saudi can raise the radical fever, and if that does not work, Sudan can pull Kony's strings and increase the threat of war. I wonder who chairs the committee to bring Uganda into submission....
NGO Funding of Jihad
It is not new news that somestimes Islamic NGOs are used to gather and distribute funds for Jihad. These NGO spend funds on benevolent activities, in support of political activity (elections) and in defending Muslim territory, and in taking territory for Islam - (Jihad).
In fact, The principle of Zakat (alms) may be spent on a number of activities
Here is how it may work:
1. Go to a country with banks who are money-laundering-friendly. Set up an account in the name of an NGO which you register with the state using false or easily varified information.
2. Set up a plane "bill-board" website: publish your account numbers and all wire transfer informaiton in plain site.
3. Pass the link around in Islam-Curious social sites, espcially western sites.
Teach them about the blessings for paying Zakat (see below)
4. Market to Islamic business to pay their Zakat to the site. Note that it is only legitimate Zakat when Ownership of the Zakat is transfered to the receiver.
This means that once they give it, and the gift purifies their earning (Zakat means purity) they believe that they are no longer accountable for how it is spent.-They don't want to know.
5. Transfer the Funds to account 98 like accounts, or into suitcases to send to your favorite arms dealers
I have identified few sites that look like this.
In the interests of not-giving these sites free publicity, I will not list them, but if you are researching this kind of funding, email me and identify yourself clearly I will send you the links.
"The alms are only for the poor and the needy, and those who collect them, and those whose hearts are to be reconciled, and to free the captives and the debtors, and for the cause of Allah (Note from Smron -This is the Jihad Clause), and (for) the wayfarers; a duty imposed by Allah." -IslamCity
"Economically, Zakaat is the best check against hoarding. Those who do not invest their wealth but prefer to save or hoard it would see their wealth dwindling year after year at the rate of the payable Zakaat. This helps increase production and stimulates supply because it is a redistribution of income that enhances the demand by putting more real purchasing power in the hands of poor."
It can be used forthe following:
1. FUQARA: people who are poor and who possess more than their basic needs but do not possess wealth equal to Nisaab.2. MASAKEEN: people who are destitute and extremely needy to the extent they are forced to beg for their daily food rations.3. AL-AMILEEN: people appointed by an Islamic Government to collect Zakaat.4. MU-ALLAFATUL-QULUB: persons who have recently accepted Islam and are in need of basic necessities who would benefit from encouragement by Muslims which would help strengthen their faith.5. AR-RIQAAB: slaves who are permitted to work for remuneration and have an agreement from their masters to purchase their freedom on payment of fixed amounts.6. AL-GHAARIMEEN: persons who have a debt and do not possess any other wealth or goods with which they could repay that which they owe. It is conditional that this debt was not created for any un-Islamic purpose.
7. FI-SABILILLAH: persons who have to carry out an obligatory deed which has become obligatory on them and subsequently (due to loss of wealth) are unable to complete that obligation. (Note from Shimron -This is the Jihad Clause)
8. IBN-US-SABEEL: persons who are travelers and during the course of their journey do not possess basic necessities, though they are well to do at home. They could
In fact, The principle of Zakat (alms) may be spent on a number of activities
Here is how it may work:
1. Go to a country with banks who are money-laundering-friendly. Set up an account in the name of an NGO which you register with the state using false or easily varified information.
2. Set up a plane "bill-board" website: publish your account numbers and all wire transfer informaiton in plain site.
3. Pass the link around in Islam-Curious social sites, espcially western sites.
Teach them about the blessings for paying Zakat (see below)
4. Market to Islamic business to pay their Zakat to the site. Note that it is only legitimate Zakat when Ownership of the Zakat is transfered to the receiver.
This means that once they give it, and the gift purifies their earning (Zakat means purity) they believe that they are no longer accountable for how it is spent.-They don't want to know.
5. Transfer the Funds to account 98 like accounts, or into suitcases to send to your favorite arms dealers
I have identified few sites that look like this.
In the interests of not-giving these sites free publicity, I will not list them, but if you are researching this kind of funding, email me and identify yourself clearly I will send you the links.
"The alms are only for the poor and the needy, and those who collect them, and those whose hearts are to be reconciled, and to free the captives and the debtors, and for the cause of Allah (Note from Smron -This is the Jihad Clause), and (for) the wayfarers; a duty imposed by Allah." -IslamCity
"Economically, Zakaat is the best check against hoarding. Those who do not invest their wealth but prefer to save or hoard it would see their wealth dwindling year after year at the rate of the payable Zakaat. This helps increase production and stimulates supply because it is a redistribution of income that enhances the demand by putting more real purchasing power in the hands of poor."
It can be used forthe following:
1. FUQARA: people who are poor and who possess more than their basic needs but do not possess wealth equal to Nisaab.2. MASAKEEN: people who are destitute and extremely needy to the extent they are forced to beg for their daily food rations.3. AL-AMILEEN: people appointed by an Islamic Government to collect Zakaat.4. MU-ALLAFATUL-QULUB: persons who have recently accepted Islam and are in need of basic necessities who would benefit from encouragement by Muslims which would help strengthen their faith.5. AR-RIQAAB: slaves who are permitted to work for remuneration and have an agreement from their masters to purchase their freedom on payment of fixed amounts.6. AL-GHAARIMEEN: persons who have a debt and do not possess any other wealth or goods with which they could repay that which they owe. It is conditional that this debt was not created for any un-Islamic purpose.
7. FI-SABILILLAH: persons who have to carry out an obligatory deed which has become obligatory on them and subsequently (due to loss of wealth) are unable to complete that obligation. (Note from Shimron -This is the Jihad Clause)
8. IBN-US-SABEEL: persons who are travelers and during the course of their journey do not possess basic necessities, though they are well to do at home. They could
Monday, March 12, 2007
Libya Sets up the first Stock Exchange
A ceremony was held Sunday evening in Tripoli to inaugurate the headquarters of the Libyan Stock Exchange Market amidst the mass celebrations marking the 30th anniversary of the declaration of People's Authority and the birth of the first Jamahiriya in history.
The inauguration was attended by Secretaries of GPC's for Economy, Trade and Investment, Planning, Industry, Minerals , Culture and Information , Health and Environment, in addition to the Chairman of the Board of the Libyan Stock Exchange Market, Secretary of Fairs Administration, General Union of Chamber of Commerce and Industry and a number of banks, financial institutions and Insurance Companies Directors and Economic Activists.
A visual presentation was shown highlighting the different steps and phases of establishing this market and its role in economic and investment activities. It is worth noting that the Libyan Stock Exchange Marker was established in accordance with a decree no. ( 34 ) for 2006 issued by the General People's Committee.
Read the rest from Libya Investments
The inauguration was attended by Secretaries of GPC's for Economy, Trade and Investment, Planning, Industry, Minerals , Culture and Information , Health and Environment, in addition to the Chairman of the Board of the Libyan Stock Exchange Market, Secretary of Fairs Administration, General Union of Chamber of Commerce and Industry and a number of banks, financial institutions and Insurance Companies Directors and Economic Activists.
A visual presentation was shown highlighting the different steps and phases of establishing this market and its role in economic and investment activities. It is worth noting that the Libyan Stock Exchange Marker was established in accordance with a decree no. ( 34 ) for 2006 issued by the General People's Committee.
Read the rest from Libya Investments
Libyan Arab African Investment Company Holdings
MALI
The Libyan Foreign Investment Company (LAFICO-MALI)
Location : Bamako -Mali
Date of Establishment: 1998
Participation: 100% LAAICO.
Activity: LAFICO-MALI owns Hotel de l’Amitie in Bamako which is being up-graded to a 4 star international standard .
It is also a shareholder in the National Tobacco Company (SONATAM). Plans are also underway to establish a fruit juice processing plant.
NIGER
Societe Nigerienne des Telecommunications (SONITEL)
Location : Niamey
Date of Participation: 2001
Participation: 51% LAAICO. & STRATEGIC PARTNER
49% Government of Niger
Activity: Telecommunications
Other interests of LAAICO include:
The purchase of a parcel of land of 6017 M2 .
The purchase of Kolo farm of 50 hectares.
In addition , LAAICO is in the process of establishing an administrative, commercial, residential building complex in Niamey.
CHAD
The Libyan Foreign Investment Company(LAFICO -TCHAD)
Location : N’djamena, Tchad
Date of Establishment: 1997
Participation: 100% LAAICO
Activity: Industrial, hotels and real estate; owns a mineral water plant, garment factory. The company is currently constructing a 5 star 200-room hotel in N’djamena and an administrative, commercial, residential complex.
South Africa
Ensemble Hotel Holdings
Location : Johannesburg, South Africa
Date of Establishment: 1999
Participation: 100% LAAICOActivity: hotels & real estate- The company owns the 5-star Michelangelo Hotel having 242 rooms located in Johannesburg.- Owns 40% of Legacy Hotel Holdings which manages and participates in another chain of hotels, namely: 1- Portswood –102 Rooms.2- Kwa Maritane-90 Rooms3- Baku Bung-76 Rooms.4- Commodore-232 Rooms.5- Checodore 10 Rooms.6- owns a land of (4186Sq m) to be exploited with private partner to construct a 33 stories tower block.
GHANA
Libyan Arab Holding Company (GLAHCO)
Location : Accra, Ghana
Date of Establishment: 1982
Participation: 65.5% LAAICO 34.5% The government of Ghana
Activity: 1)- Glahco Hotels & Tourism Development Company Ltd: Owns the Golden Tulip Hotel in Accra rated 4 star having 234 rooms and 16 studio apartments. The company is also planning to purchase Kumasi Hotel located in Kumasi city.2)- Ghana Groceries Ltd. Owns a super market in down town Accra.3)- Ghana - Libyan Arab Agricultural Company Ltd. Owns agricultural farm of 3426 Ha. planted with fruit trees like mangos, lemons –etc in sojakobi located 115 km from the capital city Accra. The company invested in irrigation and agricultural equipment .
Guinea
Societe Arabe Libyo-Guineenne Pour Le Development Agricole Et Agro-Industriel (SALGUIDIA)
Location : Conakry , Guinea
Date of Establishment: 1976
Participation: 75% LAAICO 25% Guinean GovernmentActivity: 1)- The company owns 50% of the real estate company (BDS).
2)- Industrial: SALGUIDIA owns a fruit producing farm
Benin
LAAICO has a 51% shareholding in societe nouvelle africaine des industries des fruits et legumes (SONAIFEL).
LAAICO is also studying the possibility of investing in mining and other sectors .
Central African Republic
Companie Centrafricaine de Mines (COCAMINES)
Location : Bangui
Date of Establishment: 2000
Participation: 50% LAAICO 50% Private concern
Activity: Diamond mining.
In addition ,LAAICO owns a hotel in the capital city of Bangui which is still under construction to be rated 4 star.
Gabon
Libyan Foreign Investment Company(LAFICO-GABON)
Location : Libreville, Gabon.
Date of Establishment: 2001
Participation: 100% LAAICOActivity: The company has a forestry concession of 400,000 hectares. seeking to utilize it on asound economical basis while protecting the environment.
Democratic Republic of Congo.
LAAICO is a shareholder in Oryx Natural Resources a mining company whose present activity is diamond mining in the Democratic Republic of Congo.
At the same time. The company is aiming to expand its activities in other African countries
Congo
Societe Congolaise Arab Libyenne du Bois (SOCALIB)
Location : Brazzaville, Congo
Date of Establishment: 1976
Participation: 100% LAAICOActivity: The company owns a forest concession of 506.000 ha and a sawmill plant producing furniture and carpenter wood. Marketed throughout the world .
Production: the company produces annually 60.000 m3 of logs. 36.000 m3 of furniture & carpenter wood is produced annually types of wood produced: Ayous, Sapelli, Sipo, Afromosa .
MADAGASCAR
Societe Mixte Libyo-Malgache (LIMA-HOLDING)
Location : Antananarivo, Madagascar
Date of Establishment: 1983
Participation: 49% LAAICO .
51% Government of Madagascar.
Activity: Poultry Farm, Real Estate & Tourism.
Zambia
Libyan Foreign Investment Company
Location : Lusaka , Zambia
Date of Establishment: 2001
Participation: 100% LAAICOActivity: The company owns a residential complex of 52 first class villas built on an area of 8 ha in Lusaka.
Zimbabwe
LAAICO has recently acquired shares in Rainbow Tourism Group .
ETHIOPIA
Ethio-Libyan Joint Agricultural Company (ELACO)
Location : Addis Ababa , Ethiopia
Date of Establishment: 1981
Participation: 49% LAAICO
51% Ethiopian Government
Activity: Drilling water wells and other agricultural activities.Libyan Foreign I
Ethiopia
Investment Company(LAFICO-ETHIOPIA)
Location : Addis Ababa , Ethiopia
Date of Establishment: 2000
Participation: 100% LAAICO
Activity: Shareholder in a mineral water factory. LAFICO-ETHIOPIA seeks to expand in food processing projects and other sectors.
Uganda
Lake Victoria Hotel Co. LTD.
Location : Entebbe , Uganda
Date of Establishment: 1995
Participation: 100% LAAICO
Activity: The company owns and manages the Lake Victoria Hotel in Entebbe. Plans are underway to renovate the hotel and upgrade it to a 4 star standard.
Liberia
The Libyan Foreign Investment Company (LAFICO-LIBERIA)
Location : Monrovia -Liberia
Date of Establishment: 2002
Participation: 100% LAAICO
Activity:
1)- 86% LAAICO share holding in the Pan African Real Estate corporation.
2)- Industrial: a rubber factory with capacity of (1000) Tons Per Year.
Commoros
LAAICO has a 55% shareholding in (COMCELL) telecommunications company working in the field of mobile telephones.
Read the rest diretly from the company website
The Libyan Foreign Investment Company (LAFICO-MALI)
Location : Bamako -Mali
Date of Establishment: 1998
Participation: 100% LAAICO.
Activity: LAFICO-MALI owns Hotel de l’Amitie in Bamako which is being up-graded to a 4 star international standard .
It is also a shareholder in the National Tobacco Company (SONATAM). Plans are also underway to establish a fruit juice processing plant.
NIGER
Societe Nigerienne des Telecommunications (SONITEL)
Location : Niamey
Date of Participation: 2001
Participation: 51% LAAICO. & STRATEGIC PARTNER
49% Government of Niger
Activity: Telecommunications
Other interests of LAAICO include:
The purchase of a parcel of land of 6017 M2 .
The purchase of Kolo farm of 50 hectares.
In addition , LAAICO is in the process of establishing an administrative, commercial, residential building complex in Niamey.
CHAD
The Libyan Foreign Investment Company(LAFICO -TCHAD)
Location : N’djamena, Tchad
Date of Establishment: 1997
Participation: 100% LAAICO
Activity: Industrial, hotels and real estate; owns a mineral water plant, garment factory. The company is currently constructing a 5 star 200-room hotel in N’djamena and an administrative, commercial, residential complex.
South Africa
Ensemble Hotel Holdings
Location : Johannesburg, South Africa
Date of Establishment: 1999
Participation: 100% LAAICOActivity: hotels & real estate- The company owns the 5-star Michelangelo Hotel having 242 rooms located in Johannesburg.- Owns 40% of Legacy Hotel Holdings which manages and participates in another chain of hotels, namely: 1- Portswood –102 Rooms.2- Kwa Maritane-90 Rooms3- Baku Bung-76 Rooms.4- Commodore-232 Rooms.5- Checodore 10 Rooms.6- owns a land of (4186Sq m) to be exploited with private partner to construct a 33 stories tower block.
GHANA
Libyan Arab Holding Company (GLAHCO)
Location : Accra, Ghana
Date of Establishment: 1982
Participation: 65.5% LAAICO 34.5% The government of Ghana
Activity: 1)- Glahco Hotels & Tourism Development Company Ltd: Owns the Golden Tulip Hotel in Accra rated 4 star having 234 rooms and 16 studio apartments. The company is also planning to purchase Kumasi Hotel located in Kumasi city.2)- Ghana Groceries Ltd. Owns a super market in down town Accra.3)- Ghana - Libyan Arab Agricultural Company Ltd. Owns agricultural farm of 3426 Ha. planted with fruit trees like mangos, lemons –etc in sojakobi located 115 km from the capital city Accra. The company invested in irrigation and agricultural equipment .
Guinea
Societe Arabe Libyo-Guineenne Pour Le Development Agricole Et Agro-Industriel (SALGUIDIA)
Location : Conakry , Guinea
Date of Establishment: 1976
Participation: 75% LAAICO 25% Guinean GovernmentActivity: 1)- The company owns 50% of the real estate company (BDS).
2)- Industrial: SALGUIDIA owns a fruit producing farm
Benin
LAAICO has a 51% shareholding in societe nouvelle africaine des industries des fruits et legumes (SONAIFEL).
LAAICO is also studying the possibility of investing in mining and other sectors .
Central African Republic
Companie Centrafricaine de Mines (COCAMINES)
Location : Bangui
Date of Establishment: 2000
Participation: 50% LAAICO 50% Private concern
Activity: Diamond mining.
In addition ,LAAICO owns a hotel in the capital city of Bangui which is still under construction to be rated 4 star.
Gabon
Libyan Foreign Investment Company(LAFICO-GABON)
Location : Libreville, Gabon.
Date of Establishment: 2001
Participation: 100% LAAICOActivity: The company has a forestry concession of 400,000 hectares. seeking to utilize it on asound economical basis while protecting the environment.
Democratic Republic of Congo.
LAAICO is a shareholder in Oryx Natural Resources a mining company whose present activity is diamond mining in the Democratic Republic of Congo.
At the same time. The company is aiming to expand its activities in other African countries
Congo
Societe Congolaise Arab Libyenne du Bois (SOCALIB)
Location : Brazzaville, Congo
Date of Establishment: 1976
Participation: 100% LAAICOActivity: The company owns a forest concession of 506.000 ha and a sawmill plant producing furniture and carpenter wood. Marketed throughout the world .
Production: the company produces annually 60.000 m3 of logs. 36.000 m3 of furniture & carpenter wood is produced annually types of wood produced: Ayous, Sapelli, Sipo, Afromosa .
MADAGASCAR
Societe Mixte Libyo-Malgache (LIMA-HOLDING)
Location : Antananarivo, Madagascar
Date of Establishment: 1983
Participation: 49% LAAICO .
51% Government of Madagascar.
Activity: Poultry Farm, Real Estate & Tourism.
Zambia
Libyan Foreign Investment Company
Location : Lusaka , Zambia
Date of Establishment: 2001
Participation: 100% LAAICOActivity: The company owns a residential complex of 52 first class villas built on an area of 8 ha in Lusaka.
Zimbabwe
LAAICO has recently acquired shares in Rainbow Tourism Group .
ETHIOPIA
Ethio-Libyan Joint Agricultural Company (ELACO)
Location : Addis Ababa , Ethiopia
Date of Establishment: 1981
Participation: 49% LAAICO
51% Ethiopian Government
Activity: Drilling water wells and other agricultural activities.Libyan Foreign I
Ethiopia
Investment Company(LAFICO-ETHIOPIA)
Location : Addis Ababa , Ethiopia
Date of Establishment: 2000
Participation: 100% LAAICO
Activity: Shareholder in a mineral water factory. LAFICO-ETHIOPIA seeks to expand in food processing projects and other sectors.
Uganda
Lake Victoria Hotel Co. LTD.
Location : Entebbe , Uganda
Date of Establishment: 1995
Participation: 100% LAAICO
Activity: The company owns and manages the Lake Victoria Hotel in Entebbe. Plans are underway to renovate the hotel and upgrade it to a 4 star standard.
Liberia
The Libyan Foreign Investment Company (LAFICO-LIBERIA)
Location : Monrovia -Liberia
Date of Establishment: 2002
Participation: 100% LAAICO
Activity:
1)- 86% LAAICO share holding in the Pan African Real Estate corporation.
2)- Industrial: a rubber factory with capacity of (1000) Tons Per Year.
Commoros
LAAICO has a 55% shareholding in (COMCELL) telecommunications company working in the field of mobile telephones.
Read the rest diretly from the company website
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