First Independent Mena Newspaper
The Ministry of Agriculture and Livestock, operating under Libya’s parallel Government, announced the arrival of a shipment of 800 cows at the Benghazi seaport. The livestock shipment originated from the Port of Marseille in France and was imported by Emaar Libya Holding Company for the Ghout Al-Sultan Production Project, located east of Benghazi. In its […]
Libya has officially become the 53rd member of the African Export-Import Bank (Afreximbank), marking a significant step towards enhancing economic integration within Africa. This milestone was announced to the media over the weekend, although the formal membership occurred earlier in the week. As part of its membership, Libya aims to leverage Afreximbank’s support for several […]
The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an additional 52,633 barrels of condensates. This milestone highlights the resilience and dedication of workers at production sites across the country, despite persistent challenges such as delays in the disbursement of the […]
King Mohammed VI has sent a message of congratulations to President of the Libyan Presidential Council, Mohamed Younes El-Menfi, on his country’s Independence Day. In this message, the King welcomed the ties of brotherhood and cooperation binding Morocco and Libya, and reiterated the Kingdom’s commitment to further reinforce and develop bilateral relations, in order […]
A World Bank report released this week estimated that Libya’s economy suffered losses amounting to $600 billion over the past decade, calculated at 2015 constant values. These staggering losses underscore the severe impact of prolonged conflict and political instability on the nation’s economic potential. The report highlighted that without these disruptions, Libya could have achieved […]
Libya’s House of Representatives and the High State Council agreed to work together to take the necessary steps to form a national unity government and organize fair elections to end the institutional division in the country. This came in a statement following a consultative meeting between the two institutions held in Morocco’s Bouznika. The two […]
Eastern Libya’s House of Representatives and the Tripoli-based High State Council are holding on Dec 18-19 a new round of political consultations in Morocco’s Bouznika, not far from Skhirate where they reached the landmark 2015 deal. Speaking at the opening of the talks, foreign minister Nasser Bourita welcomed the delegations from the two institutions which, […]
The head of the Tunisian Observatory for Human Rights, Mustafa Abdelkabir, has confirmed on December 17 the release of a second group of Tunisian nationals detained in Libya, who had been held for over two weeks on charges related to customs violations. These infractions stemmed from transporting goods in quantities exceeding the legally permitted limits. […]
A source familiar with Libya’s oil sector has alleged that the National Oil Corporation (NOC) is publishing inflated production figures to evade accountability for the utilization of a 60 billion Libyan dinar budget allocated to increase oil output. According to the source, OPEC’s monthly report, released on December 13, 2024, stated that Libya’s crude oil […]
Libya’s state-owned National Oil Corporation (NOC) declared force majeure at its 120,000 b/d Zawiya refinery on Sunday following clashes between armed groups near the facility. NOC said a number of storage tanks were hit, causing fires. These were subsequently brought under control, it added. Zawiya is Libya’s largest operational refinery, with most of its production […]