Finance Headlines 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 […]

Business Finance Headlines Libya

Libya: HoR approves Fathi Bashagha-proposed budget

Libya’s parliament, The House of Representatives (HoR), voted in favor of a budget worth around $18 billion proposed by Fathi Bashagha, the legislature’s choice for the job of Prime Minister. “The State’s General Budget Law for the year 2022 was unanimously approved,” said HoR Spokesman, Abdulla Beihiq following a session held in Sirte. 103 members […]

Headlines Libya

Libya: Heads of sovereign state institutions shun Sirte meeting

Various heads of sovereign Libyan institutions invited by the speaker of the House of Representatives (HoR) Anguila Saleh to discuss the draft 2022 budget proposed by one of the country’s rival Prime Ministers, gave a cold shoulder to the meeting held Tuesday in Sirte. No one from the Board of Directors of the Central Bank […]

Headlines Libya

Libya: HoR to hold session in Sirte as way to endorse handpicked Bashagha

The House of Representatives (HoR), Libya’s legislature, is expected to hold its next session in the coastal city of Sirte where its chosen Prime Minister Fathi Bashagha has established the seat of his government, in a show of support. The former Interior Minister has chosen the hometown of former leader Muammar Gaddafi, which was liberated […]

Algeria Headlines Libya

Libya: HoR accuses Algeria of ‘interference’ in its sovereign affairs

The Tobruk-based Libyan House of Representatives has accused Algeria of “interference in Libya’s sovereign affairs” after the Algerian President declared support for Abdul Hamid Dbeibeh, that the parliament replaced with Fathi Bashagha as the country’s interim leader. Yusuf al-Agouri, chairman of the House Foreign Affairs Committee, published a scathing statement on Saturday targeting what he […]

Headlines Libya Tunisia

Tunisia warns Libya’s new PM not to use territory as rear base for political ambitions

Tunisian authorities have banned Libya’s Prime Minister Fathi Bashagha appointed by the Libyan parliament from using the North African country as a rear base for his political ambitions as he strives to sit his government in Tripoli controlled by forces loyal to outgoing Abdulhamid Dbeibah, the Africa Intelligence reported. Bashagha, a former Libyan Interior Minister, […]

Africa Egypt Headlines International Libya

Egypt’s Al Sisi hosts Haftar, Aqila Saleh to support political process in Libya

Egyptian President Fattah al-Sisi hosted on Sunday Khalifa Haftar and House of Representatives’ (HoR) Speaker, Aqila Saleh in Cairo, as part of Egypt’s support for the political process that led to forming Fathi Bashagha’s government, Libya Observer reports, citing unnamed sources. The sources indicated that the visit came in a time of tension as Bashagha’s […]

Headlines Libya

Fathi Bashagha fails to win HoR confidence vote; asked to amend Cabinet

Libya’s Prime Minister-designate Fathi Bashagha failed Monday to win confidence vote from the House of Representatives (HoR) which has asked him to reshuffle his proposed cabinet line-up for a new parliament session scheduled this Tuesday. The former interior minister presented Monday to the HoR a government of 41 people including himself. The team is made […]

Africa Headlines International Libya

Libya: Fathi Bashagha says cabinet ready as HoR calls for session Monday

The media office of Libya’s newly designated Prime Minister has said the cabinet of the former Interior Minister Fathi Bashagha is ready as the country’s parliament (HoR) called on all its members for a formal session to be held next Monday. “Prime minister-designate Fathi Bashagha announces that his government is ready and will be presented […]

Headlines Libya

Libya’s parliament shortlists two candidates for Prime Minister Position

Libya’s state legislature, House of Representatives (HoR) located in Tobruk, shortlisted Monday former Interior Minister Fathi Bashagha and businessman Khaled Al-Bibas as the only two candidates meeting conditions for the post of Prime Minister in replacement of embattled Abdul Hamid Dbeibeh, reports say. Aguila Saleh, Speaker of the parliament, during a session held to vet […]