Libya has become free of all chemical weapons it inherited from dictator Muammar Gaddafi, after having destroyed these banned deadly weapons and completed the disarmament process which begun under the former regime but interrupted by the war that rocked the North African country According to Libyan foreign minister Mohamed Abdelaziz, “this achievement would not have […]
Libya
Libya drags Goldman Sachs to court
A suit has been filed against Goldman Sachs in London’s high court, by Libya’s sovereign investment fund, for making a profit of $350 million from the creation of $1 billion in derivatives trades that became valueless. With the Libyan Investment Authority, a sovereign fund, seeking losses from the trade, a spokesman for Goldman Sachs said […]
Libya : State of emergency in the South
A state of emergency has been declared in Southern Libya following an attack on the Tamahind air force base in the region. The government is calling it sabotage of the revolution and accuses Gadhafi’s loyalists of being behind it. The base was overtaken by the armed group prompting the government to order an airstrike and […]
Escalating Violence: Libyan Deputy Minister Assassinated in Sirte
Libya’s deputy industry minister, Hassan al-Droui, was killed by unknown gunmen as he drove home from a shopping trip during a visit to his hometown of Sirte, east of the capital Tripoli. The government blamed the attack, which occurred during on late Saturday (11 January), on hard-line Islamist militants. It is the first assassination of […]
Libya: Zeidan admits failure as Rebels storm parliament
Libyan politicians are at a crucial crossroad as the country prepares for another major political move before the end of the month. The General National Congress, Libya’s parliament, came under gun attack to pressure it in holding a no-confidence vote. Prime Minister Zeidan has admitted that his government has failed and there will be a […]
Libya : First oilfield freed days after New Year
The Libyan government has finally been able to convince the protesters occupying the EL Shararaoilfield to free it for production. The announcement came at a point when Tripoli is facing financial problems due to the occupation of almost all the oil ports. Production at the site is expected to begin before Monday and it will […]
Libya: New calls for PM Zeidan’s resignation, Ministries blocked
New protests in the Libyan capital are calling for the departure of Prime Minster Ali Zeidan. The protesters blocked the entry to several ministries and other important state institutions in a bid to pressure the Prime Minster into tendering his resignation. The office of the Prime Minister, the oil, finance, transport, foreign and justice ministries […]
Escalating Violence in Libya and Egypt: Suicide Attack and Car Bomb
Libya and Egypt have been hit with unprecedented deadly attacks over the last three days. First, seven people were killed at a security checkpoint near Benghazi in the first known suicide bomb attack in Libya since the fall of Colonel Gaddafi. Then on Tuesday (24 December) a car bomb attack at a security building in […]
Libya urged to join WTO
Houcine Rahmouni, Deputy General Manager of the Islamic Centre for Development of Trade has highlighted the significance of Libya becoming a member of the World Trade Organization (WTO). The call was made at the ongoing Economic Diversification conference being held in Tripoli. He said the government needs to join the organization to turn the “inexistent” […]
Libya : “last opportunity” for Islamists to establish a state
Prime Minister Zeidan has stated that Libyans “now believe that militias are dangerous” and should be disarmed. The government has been faced with the uphill task of asserting its authority in a weapon infested country. Zeidan said that the “revolution ended with the end of Ghadafi” and there is need to establish a state now. […]









