Libya continues to fester like an open wound – the pain of it being most urgently felt by Libyans. The repercussions of the Libyan quandary, however, affect neighbouring countries in Africa. A short distance north, European states are beginning to look at the country’s problems with more urgency. But will the international community assist Libya from amid the abyss – or will it wait, until it is too late to save Libyans from an even worse calamity?
The question is not whether Libya will enter a dark phase. That has already happened. The United Nations Special Representative for Libya, Bernardino Leon, has been trying to put forward a plan to form a national unity government for months. His self-imposed deadline has just passed. Mr Leon had hoped that his framework for getting elements from the Tripoli authority to work with the internationally recognised government in Tobruk would be accepted by the beginning of Ramadan. Alas, that has not been successful. In the meantime, it is Libyans who pay the price.
Libya’s conflict between forces loyal to Tobruk and Tripoli would be bad enough on its own, but the rise of ISIL elements in the north of the country has disrupted a number of towns and has made this conflict a part of the transnational fight against extremism.
The waves of migrants trying to reach European shores through Libyan territory, who are themselves victims of the most abysmal practices of human trafficking, attract another type of attention altogether. Rather than constructing a plan to protect the legitimate rights of these migrants from being exploited, the focus has been to ensure they simply don’t enter Europe.
There is a solution for Libya, but it will not be possible to achieve it without a great deal of commitment. The search for a national unity government is, indeed, the correct first step. Whether or not that will come out of Mr Leon’s process is unclear.
The drafts of his plan are each markedly different as they develop – and Mr Leon will need to ensure that he has the internationally recognised government on side as well as elements in the west of the country to join in. The real deadline in that regard might not be Ramadan at all. Rather it may be the expiration of the legal term of the House of Representatives.
But the formation of any national unity government will only be the first stage of any solution in Libya. The country’s security problems can only be solved with outside assistance. Western capitals are, naturally, concerned about intervening in Libya – the history of western interventions has not been particularly inspiring in recent years. With an authority that commands the entire country, such as a national unity government, that trepidation might be overcome. Following any government formation, if the UN Security Council would allow for a clearly defined intervention by the international community, ISIL in Libya might see its outpost in that country be pushed back – and the country brought back from the brink.
The problem with that scenario is the same with many military interventions – that there is often not a sufficiently robust plan to consider the day after. The spectre of Iraq in 2003 likewise haunts western capitals when considering any type of intervention – but it is not Iraq that policymakers should be thinking of, except in terms of how not to intervene in a country. Rather, it is the likes of East Timor and Kosovo.
The people of Kosovo welcomed a military intervention by the west in 1999 – but they also knew and understood that the international community would have to remain for a while thereafter, to ensure institutions would be built. Similarly in East Timor, an international commitment was vital to put the new country on its feet. With Libya, too, there must finally be recognition that Qaddafi crippled the state – and it has never recovered.
The post-Qaddafi political order has to build something up to replace that state, basing it on institutions rather than the personality of a single man. That may mean a strong peacekeeping force from different parts of the international community, but it may also mean that the UN consider engaging in administration far more directly. If we consider the East Timor model, for example, we might get somewhere, but tailored particularly to what Libyans would want and require.
There are no easy answers for Libya. That much is clear, but are we able to start asking the right questions? Or, four years after the fall of Qaddafi, is the international community really willing to let Libya become chaos on the Mediterranean?
Dr HA Hellyer is an associate fellow in international security Studies at the Royal United Services Institute in London, and the Centre for Middle East Policy at the Brookings Institution in Washington, DC
On Twitter: @hahellyer
UAE currency: the story behind the money in your pockets
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Scoreline
Man Utd 2 Pogba 27', Martial 49'
Everton 1 Sigurdsson 77'
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
How it works
A $10 hand-powered LED light and battery bank
Device is operated by hand cranking it at any time during the day or night
The charge is stored inside a battery
The ratio is that for every minute you crank, it provides 10 minutes light on the brightest mode
A full hand wound charge is of 16.5minutes
This gives 1.1 hours of light on high mode or 2.5 hours of light on low mode
When more light is needed, it can be recharged by winding again
The larger version costs between $18-20 and generates more than 15 hours of light with a 45-minute charge
No limit on how many times you can charge