First Independent Mena Newspaper
Libya’s rival factions agreed to appoint a new central bank governor after the former chief left the country under pressure from militias. The Libyan infighting between the West and East governments spilled over to the Central Bank last month forcing suspension of its activity and jeopardizing the country’s monetary regulator. The House of Representatives based […]
Libyan authorities have announced the identification of two suspects in the assassination of Major Abdulrahman Milad, commonly known as “Al-Bidja.” The attack took place on a road connecting Tripoli with the city of Zawiya, according to a statement from the Attorney General’s Office, released earlier this week. Milad was ambushed while traveling between the two […]
The restoration of flights between Libya and the United Kingdom, particularly to cities with significant Libyan communities was discussed at a meeting between Head of Libya’s Civil Aviation Authority, Abdul Rahman bin Youssef, and British Ambassador to Libya, Martin Longden. The British diplomat agreed to liaise with relevant UK departments to support the Civil Aviation […]
A Swiss newspaper has reported on September 3 that representatives from Libyan civil society, as well as economic, political, and academic sectors, are intensifying their appeals to the United Nations to organize a Conference in Geneva to revitalize the political process in Libya. La Tribune de Genève highlighted that the ongoing tensions related to the […]
On September 1 evening, Abdulrahman Milad, also known as “Al-Bidja,” the Commander of the Naval Academy in Libya, was assassinated by gunmen as he was leaving the academy in Sayyad, located west of Tripoli. In response to the assassination, protests erupted in Zawiya, Milad’s hometown, where demonstrators blocked the coastal road. The former head of […]
On Monday September 2, the National Oil Corporation (NOC) declared force majeure on the El Feel oil field in southwestern Libya, citing circumstances beyond its control as the reason for this measure. According to the NOC’s statement, the declaration was necessitated by current issues affecting crude oil production in Mellitah, which have hindered its ability […]
Libya’s central bank chief Sadiq al-Kabir said he and other senior bank employees had to flee the country to protect their lives from militias. Few days ago, the bank suspended activity after a senior official was kidnapped by militias. Disrupted central bank activity, which controls billions of hydrocarbons money, has forced oil production to shutdown […]
Engineers from Libya’s Sarir, Messla, and Nafoura oilfields told Reuters on Saturday August 31, that they had received orders to resume production. This development marks a significant shift following a prolonged standoff between rival political factions that had led to the closure of most of the country’s oilfields. The resumption of operations was directed by […]
UN Security Council members voiced concerns over recent tensions in Libya, urging all Libyan actors and institutions to avoid unilateral actions that could escalate conflicts and deepen divisions. The council members called on Thursday for a de-escalation of tensions, urging Libyan leaders to refrain from using force, threats, or economic pressure, and to seek a […]
Oil prices saw a modest rebound on Thursday August 29, recovering from two consecutive sessions of declines. This uptick was largely driven by renewed concerns about potential disruptions to Libyan oil supplies. Brent crude futures increased by nine cents, or 0.11%, reaching $78.74 per barrel. Similarly, U.S. West Texas Intermediate (WTI) crude futures climbed by […]