Middle East firm allowed to seize Libya's oil company assets over $1bn debt
The National · 29 Sep 2026

Middle East firm allowed to seize Libya's oil company assets over $1bn debt

A Middle East construction firm has been given the go-ahead to seize assets from Libya’s state oil company to recover nearly $1 billion after construction of a tourist resort project was cancelled. A court in Paris has ruled that Kuwait's Al-Kharafi Group can pursue the National Oil Corporation's as


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