VOL. XLVII

No 13

29-March-2004

CAPITAL MARKETS

Libya Appoints New Head Of Lafico

Muhammad al-Zuruq Rajab has been appointed head of the Libyan Arab Foreign Investment Company (Lafico) which oversees Libyas foreign interests and owns a string of companies across a number of sectors. He replaces Khalid Zaituni who had run Lafico for more than two years. Mr Rajab comes from the ranks of the old guard of Libyas revolution and has previously held important posts in Libya, including heading the Peoples...