After a suspension of more than a month due to a significant political crisis involving the UN-recognized Government in Tripoli, eastern Libyan authorities announced on Thursday, October 3, that oil production and exports from the region will resume. Oil operations, which have been halted since August 26, are set to restart following the lifting of […]
Libya
New governor of Central Bank of Libya, his deputy sworn in at HoR in Benghazi
The newly appointed Governor of the Central Bank of Libya (CBL), Naji Belgassim, and his Deputy, Marie Al-Barasi, were officially sworn in during a House of Representatives (HoR) session in Benghazi on October 1. During the session, HoR First Deputy Speaker Fawzi Al-Nuwairi stressed the need to keep the CBL free from political interference and […]
UN: Malta’s PM calls for withdrawal of ‘foreign fighters’ from Libya
Malta’s Prime Minister, Robert Abela, has called for the withdrawal of foreign forces from Libya and urged strict enforcement of the Libyan arms embargo, in accordance with Security Council resolutions. Speaking at the UN General Assembly, Abela emphasized that assisting the Libyan people in finding a lasting solution to their prolonged institutional crisis is a […]
Central Bank of Libya extends acceptance of 50 dinars banknotes
The Central Bank of Libya (CBL) has announced an extension for the circulation and acceptance of the first and second editions of its 50-dinar banknotes, providing relief to both Libyan citizens and financial institutions amid ongoing economic challenges. This move aims to mitigate concerns over the potential disruption caused by the withdrawal of the banknotes. […]
G7 leaders voice worries over fragility of Libya’s governance
The G7 Foreign Ministers, along with the EU High Representative, reaffirmed their commitment to Libya’s stability, sovereignty, and unity during a meeting in New York on September 25. They expressed concerns over recent leadership transitions within the High Council of State (HCS) and the Central Bank of Libya (CBL), emphasizing the fragility of Libya’s governance. […]
Libya: NOC signs agreements to develop oil-rich cities’ digital infrastructure
The National Oil Corporation (NOC) has solidified strategic cooperation agreements with telecommunications providers Al-Madar, Libyana, and Hatif Libya, as part of the “Toward Smart Oil Cities” initiative. The primary objective of these agreements, signed on September 25, is to modernize and enhance digital infrastructure across Libya’s oil-producing regions. These agreements aim to incorporate state-of-the-art communication […]
Libya: Italian ENI starts exploratory drilling in Ghadames Basin
Italian oil company Eni announced on September 24 that it will begin onshore exploratory drilling in Libya’s Ghadames Basin next month, with plans to launch an offshore drilling campaign in the Sirte Basin by the end of 2025. Speaking at the Libyan-Italian roundtable in Rome, Martina Obizzi, President of the North Africa and Levant region […]
Libya: Major crisis at the head of the Central Bank causes the dinar to fall against the dollar
The political deadlock in Libya continues, with the country facing a major crisis following the Libyan Presidential Council’s decision to dismiss Central Bank Governor Al-Siddik al-Kabir over a month ago. The Council’s move to appoint a new Governor and Management Committee has intensified divisions within the country, as this authority lies with Parliament and the […]
Libya has reserves of foodstuffs enough for 3 months
On September 23, Mohammed Al-Huwaij, the Minister of Economy in the Government of National Unity, assured the public that Libya maintains a strategic reserve of essential food supplies sufficient for at least three months. He also announced that letters of credit would be opened within the week to facilitate the import of these goods. Al-Huwaij […]
Tripoli hosts Arab Forum for volunteering work, support of people with disabilities
Tripoli is hosting the Arab Forum for volunteering work and support of people with disabilities meant to implement an Arab strategy in these fields, especially during epidemics and crises. The opening ceremony of the forum took place on Sunday September 22 in the presence of the Prime Minister of the Government of National Unity, Abdul […]









