First Independent Mena Newspaper
The Libyan Export Development Center announced on Wednesday January 1 that Libya secured three prizes in the Al-Ahram International Olive Oil Competition for 2025. A total of 193 olive oil samples from 20 countries participated in the competition. According to the Center’s Facebook post, companies registered in the exporters’ registry won gold and silver medals. […]
Libya is interested in opening a direct air route and a maritime link with Morocco to boost economic ties, its transport minister Salem Al Shahboubi said. Sahboubi made the remarks during a meeting with his Moroccan counterpart Abdessamad Kayouh on the sidelines of the 29th General Assembly of the Arab Civil Aviation Organization (ACAO) held […]
The Ministry of Agriculture and Livestock, operating under Libya’s parallel Government, announced the arrival of a shipment of 800 cows at the Benghazi seaport. The livestock shipment originated from the Port of Marseille in France and was imported by Emaar Libya Holding Company for the Ghout Al-Sultan Production Project, located east of Benghazi. In its […]
Libya has officially become the 53rd member of the African Export-Import Bank (Afreximbank), marking a significant step towards enhancing economic integration within Africa. This milestone was announced to the media over the weekend, although the formal membership occurred earlier in the week. As part of its membership, Libya aims to leverage Afreximbank’s support for several […]
The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an additional 52,633 barrels of condensates. This milestone highlights the resilience and dedication of workers at production sites across the country, despite persistent challenges such as delays in the disbursement of the […]
King Mohammed VI has sent a message of congratulations to President of the Libyan Presidential Council, Mohamed Younes El-Menfi, on his country’s Independence Day. In this message, the King welcomed the ties of brotherhood and cooperation binding Morocco and Libya, and reiterated the Kingdom’s commitment to further reinforce and develop bilateral relations, in order […]
A World Bank report released this week estimated that Libya’s economy suffered losses amounting to $600 billion over the past decade, calculated at 2015 constant values. These staggering losses underscore the severe impact of prolonged conflict and political instability on the nation’s economic potential. The report highlighted that without these disruptions, Libya could have achieved […]
The head of the Tunisian Observatory for Human Rights, Mustafa Abdelkabir, has confirmed on December 17 the release of a second group of Tunisian nationals detained in Libya, who had been held for over two weeks on charges related to customs violations. These infractions stemmed from transporting goods in quantities exceeding the legally permitted limits. […]
A source familiar with Libya’s oil sector has alleged that the National Oil Corporation (NOC) is publishing inflated production figures to evade accountability for the utilization of a 60 billion Libyan dinar budget allocated to increase oil output. According to the source, OPEC’s monthly report, released on December 13, 2024, stated that Libya’s crude oil […]
Libya’s state-owned National Oil Corporation (NOC) declared force majeure at its 120,000 b/d Zawiya refinery on Sunday following clashes between armed groups near the facility. NOC said a number of storage tanks were hit, causing fires. These were subsequently brought under control, it added. Zawiya is Libya’s largest operational refinery, with most of its production […]