First Independent Mena Newspaper
Chad has requested the resumption of flights with Libya, along with enhanced coordination at the land border crossing and the preparation of a MoU (Memorandum of understanding) for cooperation in the transportation sector, according to a statement from Libya’s Ministry of Transportation. The request was conveyed by the Chad’s Chargé d’Affaires in Tripoli during a […]
The International Monetary Fund (IMF) has projected that Libya will lead the Arab world in economic growth by 2025, anticipating an impressive growth rate of 13.7%. According to a recent report from the IMF, Libya’s economic growth is expected to escalate from a modest 2.4% in 2023 to this remarkable figure in 2025, positioning the […]
Libyan authorities are contemplating the imposition of taxes on foreign workers as an assertion of the State’s sovereignty over its territory and citizens. This approach is seen as essential for maintaining control over the labor market. Strengthening the legal and legislative frameworks that protect State revenues and safeguard its rights concerning expatriate workers in Libya […]
The High National Elections Commission (HNEC) has announced that municipal council elections for “Group One” are set for Saturday, November 16, 2024. This announcement, released in an official statement, outlined the timeline for the election process. According to HNEC, electoral campaigns for candidates will begin as soon as the final candidate list is approved and […]
Annual trade exchanges between Libya and Italy currently stand at approximately €9 billion, providing a solid foundation for future growth and economic collaboration. This figure, reported by Italy’s Nova news agency on October 27, on the eve of the Libyan-Italian Business Forum, scheduled for October 28 in Tripoli, underscores the significant economic interdependence between the […]
Turkey and the Libyan Government of National Unity signed a Memorandum of Understanding providing for strengthening security relations and enhancing the exchange of expertise in law enforcement and crime prevention. The MoU was initialed by Acting Minister of Interior for the Government of National Unity, Emad Al-Trabelsi, and his Turkish counterpart, Ali Yerlikaya, during the […]
A Tunisian customs official has confirmed that trade activities between Tunisia and Libya have resumed at Ras Jdir border crossing, accompanied by new facilities designed to streamline operations. Issam Zureiq, the regional director of customs in Medenine, stated that commercial movement has recommenced without the imposition of new administrative procedures. This improvement was possible thanks […]
The Central Bank of Libya (CBL) has unveiled a significant initiative aimed at bolstering the country’s banking sector by allocating 15 billion dinars (over 3 billion USD) to all operational banks in the coming months. This distribution is set to be implemented across all bank branches throughout Libya. This announcement followed a crucial meeting held […]
The European Union has reaffirmed its commitment to supporting Libya’s security sector and advancing the implementation of the 2020 ceasefire agreement. EU Ambassador to Libya, Nicola Orlando, announced the launch of the second phase of the “EULINK” project, designed to strengthen security measures in ceasefire zones. In a statement on X, Orlando emphasized the EU’s […]
On October 14, Prime Minister Abdul Hamid Dbeibah announced a significant milestone for Libya’s oil sector, reporting that oil and condensate production had reached an impressive 1,305,059 barrels per day (bpd). This achievement is a testament to the resilience and hard work of national workers across various oil fields, as well as the strategic leadership […]