Head of Libya’s High Council of State Mohamed Takala on Sunday rejected Central Bank Governor Naji Issa’s resignation and urged him to remain in office. Takala said Issa’s continued service was necessary given the country’s current economic situation, particularly to safeguard financial and monetary stability and ensure continuity in state institutions. He also urged the […]
Tag: Libya
Libya’s fuel bill exceeds $1bn as NOC reports July Local supplies
Libya’s National Oil Corporation (NOC) says it supplied 1.369 million metric tons of fuel to the local market in July 2026, with the estimated value reaching about $1.006 billion. The corporation said it received 1.378 million tons of fuel from local and international sources, including gasoline, diesel, LPG, kerosene and heavy fuel oil. Diesel accounted […]
Libya’s High Council of State forms Committee to drive economic reforms
Libya’s High Council of State has formed a Committee to develop a comprehensive package of financial and economic reforms in coordination with the House of Representatives and the Central Bank of Libya. The decision was taken on Wednesday, August 12, 2026, during a meeting of the Council’s Presidency Office chaired by Mohammed Takala. The committee […]
Libya’s Oil Export Revenues Hit $15.2bn in First Half of 2026
Libya’s oil export revenues reached $15.234 billion in the first six months of 2026, exceeding the Government’s target of $13.985 billion by nearly 9%, according to data published by the Ministry of Economy and Trade. Crude oil production stood at about 246 million barrels during the period, slightly below the target of 252 million barrels. […]
Libya: leaders call for unified Army to strengthen security and sovereignty
Libya’s Presidential Council Head Mohamed al-Menfi and Prime Minister Abdul-Hamed Dbeibah on Sunday, August 9 called for the unification of the country’s military institution, describing it as essential to restoring security, stability and national sovereignty. Speaking on the 86th anniversary of the establishment of the nucleus of the Libyan Army, observed annually on Aug. 9, […]
Libya rescues 13 Bangladeshi migrants held captive by suspected criminal group
Libyan authorities have rescued 13 Bangladeshi migrants who were allegedly held captive by a criminal group in eastern Tripoli. The Anti-Illegal Immigration Agency in east Tripoli said on Thursday that security forces launched the operation after receiving intelligence that a criminal network had kidnapped newly arrived migrants and demanded ransom payments from their families. The […]
Libya’s Parliament speaker receives state accounts report, pledges stronger oversight
Libya’s House of Representatives Speaker Aguila Saleh received the country’s final state accounts from the Head of the Administrative Control Authority, Abdullah Qaderbouh. The meeting, held in Al-Qubbah on Wednesday, August 5, focused on strengthening oversight mechanisms, improving institutional performance and enhancing transparency in the management of public resources. According to the Speaker’s Media Centre, […]
Clashes in western Libya disrupt transport, deepen security concerns
Fierce armed clashes broke out early Tuesday, August 4, 2026, between armed groups in Libya’s western cities of Zawiya and Surman, leaving civilians caught in the crossfire and raising fresh concerns over security in the region. The Libyan News Agency (LANA) reported that ambulance services and local authorities warned residents against using the coastal road […]
Libya’s High Council of State forms Committee to address electricity crisis
Libya’s High Council of State has established a technical Committee of specialists to assess the country’s electricity crisis and propose solutions to improve the efficiency of the power sector. The decision was taken on Monday, August 3, during a meeting in Tripoli chaired by Council President Mohamed Takala, with senior council officials in attendance. The […]
Libya Reviews Security Plans to Strengthen Stability in Tripoli Region
Libya’s Presidential Council President and Supreme Commander of the Libyan Army, Mohammed Al-Menfi, has reviewed security and military developments as authorities move to strengthen security deployment and readiness in Greater Tripoli and the Western Coast region. Al-Menfi held discussions on Sunday, August 2, 2026, in Tripoli with Defense Ministry Undersecretary Lieutenant General Abdul Salam Al-Zoubi […]








