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- Libyan Arab Foreign Investment Company (Lafico)
Libyan Arab Foreign Investment Company (Lafico)
Company Web-site www.lafico.ly
Country Libya
Assets $Billion $50
Inception 1981
Origin Oil
Approx wealth per citizen $8099
Company Description
Invests in diversified sectors such as general trading and retailing, real estate development and contracting, entertainment and leisure, hotels and resorts and financial services.

Libya's financial assets overseas are controlled by the Libyan Arab Foreign Bank (LAFB), the parent of the Libyan Arab Foreign Investment Co. (Lafico). LAFB is controlled by Libya's Central Bank. Oilinvest is controlled NOC, with LAFB and Lafico holding minority stakes.
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