First Independent Mena Newspaper
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 […]
Libya has announced new oil and natural gas discovery in the Ghadames basin southwest of Tripoli, opening new prospects for the battered economy of the North African country. This new oil & gas find was made by the Libyan National Oil Corporation (NOC) and Algerian state-owned Sonatrach. The discovery consists of one oil field with […]
German Siemens Company has won contracts worth 100 Million euro in Libya wherein the global energy corporation will provide services, carry out inspection and maintenance works in two power plants located in the cities of Khoms and Ruwais. These contracts, awarded by the General Electricity Company of Libya (GECOL), will enable Siemens to overhaul and […]
Libya has received 20 Italian-made PUMA transport and combat vehicles destined to enhance the military and security capacity of the North African nation which is facing major terrorism threats and security challenges posed by armed groups. These armored vehicles were donated by the Italian Armed Forces to the new Libyan army, a gift that will […]
According to Omran Salem of the Libyan Ministry of Culture and Civil Society who was present at the Cairo International Book Fair agreed that interest is not like it used to be. Other Libyans left before the end of the fair because there were not enough buyers. Salem who sells mainly literature, history and poetry […]
Malta-based Michele Peresso Group, best known for its sportswear stores, is planning to open retail outlets in Libya while also expanding into solar energy production. Maltese Prime Minister, Lawrence Gonzi, said that it will be the first time the group goes into Libya’s market during a visit to the group’s Birkirkara head offices where he was […]
Germany’s Lufthansa and its subsidiary Austrian Airlines have halted flights to Tripoli due to insecurity in Libya, a spokeswoman said on Tuesday. The decision came as a preventive move to avoid any eventual attack from armed men who have declared European interests, companies and citizens as “enemies.” The company started operations in Libya barely a year ago after […]