Business Emerging Markets Features Headlines

Russia’s agri exports to Africa surge in 2024, boosting Kremlin’s influence

Russia significantly boosted its agricultural exports to Africa in 2024 by 19%, reflecting the country’s growing economic influence across the continent amid the continuing war in Ukraine. During the previous fiscal year, Russia’s agricultural exports to Africa surpassed $7 billion, according to a statement released by the Agricultural Export Center (Agroexport), with Egypt, Algeria, and […]

Europe Headlines International Libya

Libya, UK poised to strengthen security cooperation

Commander of Libya’s Counter Terrorism Force (CTF), Major General Mohammed Al-Zein, held in Tripoli earlier this week a meeting with a visiting high-level British delegation that focused on means of bolstering security collaboration between the two countries. The CTF highlighted, in a statement, that the purpose of the visit was to enhance bilateral security cooperation […]

Energy Headlines Libya

Libya resumes oil production at Mabruk Field after a ten-year halt

Libya’s Mabruk Oil Operations has officially resumed production at the Mabruk oilfield after a decade-long closure, according to a statement issued by the Tripoli-based Government of National Unity (GNU) on Wednesday March 12. The field, which had been shut down since 2015 due to security issues, has now begun producing at an initial rate of […]

Libya

Libya: Supreme Judicial Council issues pardon for certain convicts under specific conditions

Libya’s Supreme Judicial Council has announced on March 11 a decision to grant pardon to individuals convicted of certain crimes, on the condition that they have served at least half of their sentence. However, this pardon does not extend to those convicted of terrorism, murder, drug-related offences, or armed robbery. The decision is aimed at […]

Headlines Libya

Libya denies claims of resettling undocumented immigrants

Libya’s Government of National Unity (GNU) has dismissed recent reports claiming that the country plans to resettle undocumented immigrants, labelling the reports as “misleading” and “completely false” in an official statement. The reports emerged following a meeting over the week-end in Tripoli between Minister of Local Governance Badr Al-Din Al-Toumi and Nicoletta Giordano, the chief […]

Emerging Markets Finance Libya

Libya’s central bank reports January-February revenue and expenditure figures amid economic challenges

Libya’s Central Bank has published its financial report for the first two months of 2025, revealing total revenues of 18.256 billion dinars and expenditures exceeding 8.4 billion dinars. The primary source of revenue for the period from January 1 to February 28 was oil sales, which generated 14 billion dinars. Additional income came from oil […]

Energy Headlines Libya

Libya: NOC’s oil investment plans spark controversy amid concerns over national resources

The Libyan National Oil Corporation (NOC) has announced plans to invite foreign investment into the country’s oil and gas sector, offering 22 onshore and offshore exploration areas in 2025. This move, the first public bidding round in over 18 years, has raised debates regarding whether it is a genuine attempt to develop the sector or […]

Headlines Libya

Libya calls for UNSMIL support on migrants’ voluntary return program

On Wednesday, 5th March 2025, Libyan Interior Minister Emad al-Tarabelsi called on the United Nations Support Mission in Libya (UNSMIL) to help the country and facilitate the voluntary departure of migrants from Libya to their home countries. This came during a meeting the Libyan official held Wednesday with Hanna Serwaa Tetteh, the UN Secretary-General’s Special […]

Energy Headlines Libya

Libya launches first public tender for oil & gas exploration, the first in seventeen Years

Libya has officially announced on March 4 its first public tender for oil and gas exploration in 17 years, marking a significant step in revitalizing the country’s energy sector. The announcement was made during a high-profile ceremony in Tripoli, attended by key officials including Acting Chairman of the National Oil Corporation (NOC), Masoud Suleiman Mousa, […]

Headlines Libya

Libya: Deputy Prosecutors receive forensic training to strengthen criminal justice

Some 75 deputy prosecutors have undergone four specialized training courses, aimed at endowing the trainees with essential forensic medicine skills. The courses were organized by the Criminal Research and Training Centre, part of its training program for the 2024–2025 judicial year. The initiative is designed to improve judicial expertise by enhancing understanding of forensic sciences, […]