First Independent Mena Newspaper
The Tunisian General Consulate in Benghazi officially reopened its doors on December 4, marking a significant milestone in Libya-Tunisia relations after more than a decade of closure. This announcement was made by the eastern-based Libyan Foreign Ministry, which hailed the reopening as a reflection of Benghazi’s growing stability and security. The decision to restore diplomatic […]
The African Energy website reported Monday, December 2 that Libya is seeking to recover over $60 billion in assets secretly invested in U.S. Treasury bonds during Muammar Gaddafi’s regime. The funds, previously unknown, were reportedly funneled through complex networks starting in the 1990s, bypassing strict international sanctions. A delegation led by Mohammed Mansli, Director General […]
Farhat Bin Qadara, Chairman of the Board of Directors of the National Oil Corporation (NOC), revealed on December 2 that a staggering 70% of Libya’s land remains unexplored, underscoring the vast untapped potential within the country’s oil sector. This revelation came during a series of workshops in Cairo, organized in collaboration with the US Department […]
The Tripoli Court of Appeal has issued a final ruling confirming that Farhat Bengdara, Chairman of the National Oil Corporation (NOC), holds citizenship of the United Arab Emirates (UAE). The court’s decision annulled all actions and decisions taken by Bengdara in his capacity as NOC Chairman, citing a violation of Libya’s Citizenship Law No. 24 […]
Libyan Prime Minister Abdul Hamid Dbeibah officially circulated a decision to dismiss Mohammed Oun from his role as Minister of Oil and Gas to the Energy Council (the Ministry of Oil, and the National Oil Corporation). In response, Oun issued a public statement on November 28, asserting that the dismissal was invalid. He revealed that […]
Al-Waha Oil Company has achieved its highest oil production level in over 11 years, according to an announcement by the National Oil Corporation (NOC) on Wednesday, November 27. Daily production for Al-Waha reached 350,549 barrels of crude oil, contributing significantly to Libya’s total crude output of 1,380,470 barrels over the past 24 hours. Additionally, Libya’s […]
Libya is seeking to address the pressing issues related to Libyan nationals detained in foreign prisons, with focus on their status and welfare. To this end, the Ministry of Foreign Affairs hosted in Tripoli, on Tuesday, a meeting that was attended by officials from the Ministry of Justice. The meeting reviewed detailed databases of cases […]
Libya has been elected to chair the International Olive Council (IOC), formerly the International Olive Oil Council, for a one-year term. The election took place during the 120th session of the IOC, held this week in Spain. Libya competed against Uruguay and Israel for the position. Iran, the outgoing chair, had sought an extension of […]
Speaker of Libya’s House of Representatives (HoR), Aqila Saleh, announced on Wednesday, November 20, a further reduction in the tax on foreign currency transactions, lowering it to 15% from the previous 20%. This adjustment applies to all purposes and marks the second decrease in what is commonly referred to as the “dollar tax.” Last October, […]
Libya and Chad have formalized this week a Memorandum of understanding to regulate the movement and employment of Chadian workers in Libya. The MoU represents a key step in improving labor relations and legal frameworks for workforce movement between the two countries. According to the media office of Libya’s Ministry of Labor, the MoU is […]