First Independent Mena Newspaper
The Board of Directors of the Central Bank of Libya, appointed by the Presidential Council, announced on Monday (August 26) evening that it has fully assumed its management duties. The announcement was made through a statement on the bank’s Facebook page. In the statement, the board affirmed its dedication to ensuring a smooth transition and […]
Authorities in Eastern Libya announced on Monday, August 26, 2024, the closure of all oil fields and terminals and halted exports indefinitely amid a severe political crisis with the UN-recognized government in Tripoli. This move comes in response to Tripoli’s takeover of the Central Bank and the replacement of its governor, Al Siddik al Kabir, […]
At the conclusion of its meeting in Sirte on Sunday, the 5+5 Joint Military Commission reassured all Libyans of the ceasefire’s stability, referencing the agreement signed in October 2020 under UN auspices in Geneva. The Commission emphasized that “all Committees responsible for implementing and monitoring the agreement continue their work with dedication and sincerity.” The […]
On Thursday, August 22, Brega Oil Marketing Company announced that three tankers had arrived at the ports of Misrata, Tripoli, and Al-Zawiya, each carrying 30 million liters of gasoline. The company stated on Facebook that the fuel would be distributed to stations within two days to alleviate congestion caused by previous delays. Fuel distribution in […]
The British Government continues to provide military support to Israel’s ruling extreme right. Despite facing accusations of war crimes and crimes against humanity, the British government has advised against traveling to several countries, recommending travel only for essential reasons. The list of nations subject to the travel warning includes Burkina Faso, Cameroon, Chad, the […]
German Minister of State for Migration Bernd Kroeser expressed Germany’s willingness to collaborate with Libya, both bilaterally and through the European Union Commission, to address illegal immigration. The remarks were made during a meeting with Libya’s acting Minister of Foreign Affairs, Taher Al-Baour, on Wednesday. Talks focused on illegal immigration and the efforts by Libyan […]
Production in the Sharara oil field has increased to approximately 85,000 barrels per day (bpd) to support the Al-Zawiya oil refinery. The National Oil Corporation (NOC) had previously declared force majeure on the Sharara oil field after its shutdown on August 7. The NOC informed foreign partners and customers that this force majeure would not […]
Libya’s central bank has resumed normal operation after it was forced to suspend activities due to a kidnapping of one of its senior officials. Head of the bank’s information technology department, Musaab Muslamm was abducted on Sunday by an “unidentified party,” in Tripoli, while other bank employees received threats of similar kidnappings. The Bank resumed […]
The Central Bank of Libya (CBL) said on Sunday August 18 that it had suspended all operations in the country, after one of its employees was “kidnapped” by unidentified individuals. “The Central Bank of Libya condemns the kidnapping of the Director of the Information Technology Department, Musab Musallam, by an unknown person in front of […]
In the past week, various international bodies, including the UN and the EU, have sounded the alarm bells over the recent developments in Libya, amid growing fears that the ongoing mobilization of forces in various parts of the war-torn North African country could unravel the fragile peace. Libya, split between two rival governments located in […]