First Independent Mena Newspaper
General National Maritime Transport Company (GNMTC) of Libya is getting ready to file a case against STX Europe for the recovery of a cruise ship ordered during Kaddafi’s regime. Sources claim that the GNMTC wants to act following the announcement by STX Europe that MSC Croisières and STX France have entered into a contract for […]
After the arrest of several Libyans in Egypt amongst which is Ahmed Qadhaf al-Dam, Khadafi’s cousin who served as Egypt-Libya relations coordinator under Khadafi’s regime, who is wanted in his native country. Libya has been demanding for their extradition during the past week, has now come up with a bulky incentive to Egypt. According to […]
The government has decided to stop the process of the bids it has tendered for the procurement of the management of Libya’s state-owned Libyan Post, Telecommunication and Information Technology Corporation (LIPTIC). Almadar and Libyana are the two mobile operators in the country which are part of LIPTIC’s several subsidiaries. Reasons for the decision are yet […]
The head of the Libyan Investment Authority (LIA), Mohsen Derregia, who has been sacked by Prime Minister Ali Zeidan but still reluctant to leave office, has said that the decision is costing the country millions. He was replaced under a government policy but the decision is being challenged in court. The defiant Derregia claimed that […]
Moscow is looking forward to sell its latest weapons to Libya, now under new government, after the collapse of Gadhafi regime which was Russia major client in the region. According to foreign intelligence reports, the Russians seek by all means to restore military cooperation ties with the North African country and secure their market share […]
Interpol and the European Union have agreed with Libyan authorities to set up a real-time passport control capacity at Tripoli International Airport to help Libyan government improve border security. The project, that costs about € 2.2 million, is funded by the EU’s Instrument for Stability. It will enable the Libyan law enforcement and control authorities […]
Skeletons dating back to between 8,000 and 4,200 years have been discovered by archaeologists in Libya’s Sahara desert. The team discovered 20 Stone Age skeletons in and around a rock shelter which is believed to have been a local cemetery. About 15 women and children were found buried in the rock shelter, while 5 men […]
Chaos is threatening the Libyan Investment Authority (LIA) as the head of the sovereign wealth fund, Mohsen Derregia, refuses to step down from his position despite the government’s decision to replace him because of poor performance. Prime Minister Ali Zeidan has named deputy central bank governor, Ali Mohammed Salem Hebri, as the temporary head of […]
A study led by Nottingham Trent University’s School of Architecture, Design and the Built Environment found that Libya could generate enough renewable power to meet its own demand and a “significant part of the world energy demand by exporting electricity”. The study declared that Libya has an average daily solar radiation rate of about 7.1 […]
OMV, the Austrian oil and Gas Company which is partly owned by Abu Dhabi, has recently posted a 25 per cent rise in revenues after the revival of its production in Libya which was forced to halt when the uprising gained momentum. The company’s overall oil and gas production increased by 5 per cent last year with much of […]