Features Headlines Libya

Libya: Government turns to Gadhafi’s security strategy

The acting Army Chief of Staff, Salem Gnaidi, has spoken out against the government and Prime Minister Ali Zeidan’s efforts to subdue the reestablishment of the National Army. He made these revelations during an interview on the Libyan Awalan Television Station, as he made references to the revival of Gadhafi’s security strategy and the embezzlement […]

Features Headlines Libya

Libya foresees strong Sukuk

In its strive to expand Islamic Finance, Libya’s Stock Market and Amanie Advisors have inked a comprehensive Memorandum of Understanding destined to outline a “clear roadmap” for the promotion of Islamic Finance. The MoU is expected to boost Libya’s massive potential in domains that remains relatively unexploited. Amanie Advisors, a global Shariah advisory firm, will […]

Headlines Libya

Libya : Coalition party boycotts National Congress

The National Forces Alliance, Libya’s largest coalition party at the national assembly has decided to boycott the sessions of the constitution. The slow process involved in drafting a law for electing a constitutional committee motivated the decision. During a press conference organized by the party, spokesman Tawfiq Shahibi said the General National Congress (GNC) “has […]

Europe Headlines Libya

Libya to become OCSE Partner

Libya has applied to become a partner of the Organization for Security & Co-operation in Europe (OCSE) in a bid to receive support from this international security body and benefit from its assistance in matters of security, arms & border control, promotion of human rights, freedom of the press and polls’ organization. The Libyan application […]

Headlines Libya

Libya: Oil production slows down

The production of oil in the leading oil production country in Africa has suffered a drastic decline since its civil war in 2011. The ongoing protest in Libya has led to the closure of two export terminals and an entire oil field. Frequent disruptions in the MENA region has led to North America leading the […]

Headlines Libya

Libya reacts to Niger’s accusations

Libya has finally reacted to the accusations made by Niger following the attack on an army base and a uranium mine in Niger by Islamist insurgents. The attack, which took place last week Thursday, left 24 soldiers and a civilian dead and damaged machinery at an Areva mine. Prime Minister Ali Zeidan who is on […]

Headlines Libya

Libya urges for Indian investment

The Libyan ambassador to India, Ali Al-Issawi, said they have solicited India’s support in order to learn from its experience in drafting a constitution and rebuilding an economy. Ambassador Al-Issawi said they “are building the system from scratch” and they will need help in certain areas like parliamentary system and local administrative setup. Political figures […]

Headlines Libya

Libyan dilemma, militias blackmail

After having satisfied the demand of the militias to adopt a law, which forbids authorities of the Gadhafi era from taking part in the political and administrative activities, militias still remain adamant to lift their blockade on the foreign and justice ministries. They are now asking for Prime Minister Zeidan’s departure from office. According to […]

Headlines Libya

Libya and Malta towards a mutual understanding

Malta’s newly elected Prime Minister, Joseph Muscat, has renewed his ambition to establish a new partnership with Libya geared towards developing together “as equals” rather than being financially oriented. Prime Minister Muscat said Libyans need “genuine friends” as partners in development “with an open mind.” He lamented the cooperation environment between the countries lying on […]

Headlines Libya

Libya’s oil market still plagued by insecurity

The Libyan oil law being drafted by a committee is expected to be ready before September “if all goes well” according to oil minister Abdelbari al-Arusi. The law has to come into force before a licensing round can be launched, but most analysts remain pessimistic about the law being passed. Minister Arusi said that the […]