The Libyan Investment Authority (LIA) has made successful appeals against Tunisian company Siba Plast, which is looking to seize 280 million euros worth of assets from them in France.

The LIA confirmed that it had obtained a court ruling to cancel the restrictions imposed on it before the Court of First Instance in Paris, which was based on an arbitration ruling issued by the Arbitration Chamber in Tunis in 2014, stressing its refusal to harm its funds as an independent sovereign fund.

Economy