Libya has received its first setback in its legal battle with financial and managerial institutions after the High Court of England and Wales ordered the Libya Africa Investment Portfolio (LAIP) to pay more than $15 million as damages to Catalyst Managerial Services (CMS) and the amount could surpass half a billion dollars. LAIP is a Malta-based […]
Tag: Libya
UK: PM Cameron ready to take on ISIL in Libya and Syria if any threat emerges
David Cameron announced Monday the United Kingdom could enter in war against the ISIL in Syria and Libya if the group poses any threat to his country or to British nationals as what happened in the Sousse gun-attack. Mr Cameron was speaking at the start of his South-East Asia tour taking him to Malaysia and […]
Libya: Gadhafi’s Son Gets Death Penalty for War Crimes
The son of former dictator Moammar Gadhafi, Saif al-Islam, has been sentenced in absentia by a Libyan court to death after he was found guilty of war crimes committed during the 2011 revolution. According to Libyans, Said al-Islam was seen as the “successor” to the Libyan strongman, wielding power over the finances and logistics of […]
Libyan military slams EU sanctions as “meaningless”
The Libyan military under the command of renegade General Khalifa Haftar has rejected possible European Union sanctions that could target the general as “meaningless”. The military is loyal to the internationally recognized government but Haftar’s role in ending the Libyan war has been subjected to controversy as he is considered to be a stumbling block […]
Libya: Tuaregs and Tebus renewed hostilities going on for days
Tribal clashes between the Tuaregs and the Tebus in the southern city of Sabha have left dozens of people dead. The clashes started last week and mediation efforts have not been effective as the two tribes continue to be suspicious of each other. They are neighbors to each other in the same city and that […]
Tunisia’s Challenges hail from Algeria and Libya, former French President
Former French President Nicolas Sarkozy charged Algeria and Libya for being sources of the unfortunate spell of violence rocking Tunisia in reference to the two deadly terrorist attacks that stroke Tunisia this year. He made the comments during his visit to Tunisia earlier this week. Nicolas Sarkozy, running as candidate of the French main opposition […]
Libya: Islamists abduct 4 Italian workers, official
The Italian Foreign Ministry announced on Monday that four of its citizens still in Libya have been kidnapped in the western city of Mellitah on an industrial sites owned by the Italian oil company Eni. The four victims are according to the Ministry statement working for Bonatti Construction Company. They were abducted on Sunday evening […]
Libya: E.U to sanction factions rejecting UN Deal
The European Union (EU) is planning to impose sanctions on any of the warring parties in Libya that refuses to agree to the U.N-brokered peace deal propelled by Special Envoy Bernardino Leon. E.U foreign policy chief Federica Mogherini has already discussed the matter with European foreign ministers and Leon. Details of the possible sanctions have […]
Libya: Freeze Libyan sovereign fund till unification, Breish
Abdul Magid Breish, once the undisputed leader of the Libyan Investment Authority (LIA), has warned that the country’s $67 billion sovereign wealth fund should continue to be frozen “until we have total stability.” Four chairmen are claiming to be representing LIA for the past two years but Breish stressed that the two rival governments and armed […]
Tunisia, biggest supplier of Jihadists to Isis (UN Experts)
The number of Tunisian militants joining the Islamic State in Syria & Iraq is one of the highest among the foreign jihadists adhering to the radical terror group, warned lately the United Nations Working Group on the use of mercenaries. “Sophisticated travel networks operate to take recruits across the porous borders, and sometimes through areas […]









