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North Benghazi Court Terminates Al-Kharafi Land Lease Agreement and Orders Compensation to Libyan State

Aug 20, 2026•about 3 hours ago

Contract Type

agreement

Legal

Description

The North Benghazi Court has declared the land lease agreement with Al-Kharafi null and void. The court ordered Al-Kharafi to compensate the Libyan state with 15 billion Libyan dinars for financial and moral damages due to breaches in contract obligations.

Company Information

Company

Al-Kharafi Company

About

Al-Kharafi Company is a Kuwaiti company involved in various sectors, including construction and investment. They have a significant presence in the Middle East and North Africa. The company has faced legal challenges regarding their investments, particularly in Libya.

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