Libya is drafting a law aimed at making its oil industry more attractive to foreign investors. Most of the investors left the North African country when the war got intense between Gadhafi’s army and the rebels. Libya has one of the largest oil reserves in the world but political tensions have made it a high […]
Libya
U.S warned that Libya will be worse, Ansar al-sharia
The power struggle in Libya has led to a cocktail of factions all aspiring to rule the country or at least a portion of it. The government seems to lose control of the country. The rebels and Islamist groups are enjoying the upper hand. In their bid to increase their influence in the North African […]
Libya: Enough reserves for 4years, Central Bank
Despite the situation in Libya, analysts and politicians have defended that the country’s economy will be able to resist to the violence and political crisis for almost 5years. Libya is heavily dependent on oil and most of the goods that it consumes are imported but there are believes that it has enough reserves to keep […]
Libya: GNC stormed for Islamist hardliners
The building of the General National Congress (GNC) is becoming of the state buildings often attacked by militants to show their anger against the government or settle scores with political figures. The latest attack on the GNC is reported to have been carried out by a rebel brigade from the Zintan region against Islamist hardliners. […]
Libya: Marines deployed due to North Africa “general unrest”
U.S marines have been deployed to southern Italy due to “the general unrest in Northern Africa”, Pentagon spokesman Colonel Steven Warren stated. The decision to move 200 marines from Spain to Italy is seen as a “prudent measure” to avoid a repeat of the scenario which led to the killing of Christopher Stevens while serving […]
Libya : Rebels question new PM Maiteeq’s legitimacy
After Ahmed Maiteeq’s confirmation as the new Prime Minister of Libya in a controversial vote at the General National Congress, the rebels have decided that they won’t recognize the Prime Minster because he “came to power illegally,” according to their spokesman Ali Hasi. Their decision will affect the agreements they reached with former Prime Minister […]
Libya: Prime Minister fiasco, lawmakers divided
Libya has chosen Ahmed Maiteeq as Prime Minister but the voting process was marred by controversy in the parliament. Officials are divided over the elections and the recognition of Maiteeq as Prime Minister could further increase the political crises in the country. The First Deputy Speaker and the Second Deputy Speaker of the parliament have […]
Mauritania: Islamic Corporation for Development partners Nouadhibou Free Zone Agency
Authorities of Nouadhibou’s Free Zone Agency and those of the Islamic Corporation for the Development of the Private Sector (ICD) have inked a Memorandum of Understanding (MoU) geared towards joining their efforts in establishing a prosperous cooperation in diverse sectors. The agreement will be a gateway to strengthen their partnership in developing the private sector […]
Libya : Bin Laden associate establishes libyan terrorist camp
Reports concerning Libya have claimed that a “veteran associate of Osama bin Laden” for more than a decade has taken over a secret U.S military training base in Libya. Tripoli and Washington have not commented on the issue even though the training camp is located only 27kilometers away from the Libyan capital. The base used […]
Interim Libyan PM to Leave His Post After He was attacked
Interim Libyan Prime Minister Abdullah al-Thani has announced that he was leaving his post but stressed that would stay as head of the government until a successor has been named. The announcement of the departure of the PM exacerbates the political tension in the North African country and shows the fragility of the Libyan government […]









