AMMAN - HE Dr. Talal Abu-Ghazaleh, founder
and chairman of Talal Abu-Ghazaleh Global (TAG.Global), chair of the
International Arab Society of Certified Accountants (IASCA), has received in
his office Dr. Ali Mahmoud Hassan, chairman and CEO of the Libyan Investment
Authority (LIA) to discuss means of cooperation between the two parties.

During the meeting, Dr. Abu-Ghazaleh
praised the significant role the Authority plays in maintaining and developing
Libyan investments, commending Dr. Hassan's great leadership and his dedication
in boosting the Authority’s investments.

For his part, Dr. Hassan expressed his
appreciation to Dr. Abu-Ghazaleh for his constant contributions to the
development of the accounting profession and his keenness to develop the
capacities of the Libyan Investment Authority, through ongoing cooperation
between the LIA and TAG.Global’s professional firms. He went on to stress that
investments are considered one of the main factors in economic growth, thus it
is crucial to the future of Libyan youth, as their development, good
management, and preservation are the responsibility of every Libyan citizen.

Moreover, the two parties agreed on
signing a comprehensive Memorandum of Understanding (MoU) to provide all
professional and capacity-building services offered by TAG.Global to the LIA.
They further expressed their belief that such cooperation would benefit the
Libyan youth by empowering them to effectively manage the resources and
capabilities of their country.

The Libyan Investment Authority (LIA) is
the National Sovereign Wealth Fund in Libya, established in 2006. It is
considered the largest Sovereign Wealth Fund in Africa. Its mission is to
preserve, manage, and enhance the wealth of the Libyan people entrusted with
the Authority  to ensure a prosperous
future for the Libyan generations.

It is worth noting that the International Arab
Society of Certified Accountants (IASCA) was established as a non-profit
professional accounting organization on January 12, 1984, in London - UK, and
was officially registered in Amman in 1994. IASCA aims to improve the science
of accounting, auditing, and other related subjects.