First Independent Mena Newspaper
There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]
The Organization of Petroleum Exporting Countries (OPEC) plans to gather more products from three member countries but is yet to give any exact mean to gather these productions. They are Iraq, Iran and Libya. The organization has drawn plans to meet on June 11 at Vienna to analyze the incumbent 30 million barrels of production […]
When Libyans recently staged a day of “civil disobedience” to express their increasing dissatisfaction and frustration with the deteriorating security situation, the protestors in the streets of Benghazi also demanded the General National Congress (GNC) to be suspended and new parliamentary and presidential elections to be held as soon as possible. In Libya’s second largest […]
After the removal of Colonel Gadhafi from power in 2011 by the rebels with the help of the NATO forces, Libya has been vulnerable to attacks in recent years and as such the parliament is tasking the acting Prime minister, Abdullah al-Thinni, for a new cabinet. Al-Thinni is expected to improve security in Libya. Thinni […]
As a result of the inability of state institutions to govern and control the country, Libya’s Qur’anic schools are forced to function on their own. Many citizens are concerned that the rising number of radical teachers and preachers will have a negative impact on their children. Along with the influx of international extremists who found […]
New hopes of reaching an agreement with the rebels overseeing the eastern part of Libya have emerged after Ibrahim Jathran, a rebel group leader, revealed that major progress has been made in negotiations with the authorities in Tripoli. The agreement could be finalized within the next following days if “all national thinking” and “all honorable” […]
Spokesman Omar Hmeidan of the General National Congress has said that Libya will be taking a 2,55 billion Libyan dinar emergency loan to finance the functioning of the government after lack of income. Libya’s main source of income is oil and gas but the rebels have laid siege on several oil ports and fields thereby […]
On Wednesday (March 19), the United Nations decided to impose sanctions on illegal exports of Libyan oil in a unanimous vote. The resolution came only two days after the US Navy had boarded its tanker Morning Glory in international waters close to Cyprus. The tanker was loaded with illegally obtained crude oil and it managed […]
The call came at a moment after several important state institutions suffered from militia attacks. The government’s statement shows that the Libyan government has been struggling to control the militias after the fall of Gadhafi. Tripoli is already organizing its forces for the crackdown. The security forces of the government are expected to have a […]
After Abdelmalek Sellal’s resignation as the Prime Minister at the beginning of the month to head the campaign of President Bouteflika, hints have begun to emerge over the possible reforms to be undertaken if the latter stays in power. Constitutional and administrative reforms are high on the agenda while efforts to attract investment will be […]