Business Emerging Markets Headlines Libya Tunisia

KSA, Libya to lend Tunisia $1bn to surf economic hardship

Saudi Arabia and Libya will provide Tunisia a loan of $500 million each attached with affordable interests to help the North African country to overcome economic woes amid the ongoing political crisis. The news was revealed by Tunisie Numerique, which cited a source knowledgeable of the matter but who asked not be named because not […]

Headlines Libya

Libya: After Haftar, HoR speaker unveils candidacy for Dec. 24 presidential elections

The Speaker of the Libyan House of Representative (HoR), Aguila Saleh, announced Wednesday that he will run for December 24 presidential elections, one day after his ally and controversial military strongman Khalifa Haftar revealed similar plans. The head of the state legislature, based in the eastern city of Tobruk, announced his bid on Dubai-based Al […]

Headlines Libya

Presidential elections in Libya: Khalifa Haftar candidate

The strongman of eastern Libya Khalifa Haftar announced Tuesday his candidacy for the presidential election scheduled for December 24, in a speech broadcast live on television. “I declare my candidacy for the presidential election, not because I am running after power but to lead our people in this crucial period to glory, progress and prosperity,” […]

Business Finance Headlines Libya Tunisia

Libyan & Tunisian Central Banks sign cooperation agreement

The Central Bank of Libya (CBL) and its Tunisian counterpart BCT have inked a Memorandum of Understanding (MoU) for cooperation in many areas including fintech, Libya Herald reports.   The MoU, according to the CBL, provides for the transfer of experience of Tunisia’s Central Bank in the field of developing financial transactions (Fintech), and the […]

Headlines Libya

Libya: Military court demands suspension of candidacies of Saif al Islam Gaddafi, Khalifa Haftar for presidential election

The prosecutor of the Libyan military court Sunday ordered the head of the Electoral commission to freeze the presidential candidacies of Saif al Islam Gaddafi and rebel army commander Khalifa Haftar both wanted for alleged serious crimes against the state. The order came in a letter issued by the office of the prosecutor to Imad […]

Headlines Libya Morocco

Skhirat Agreement highlighted at Paris International Conference on Libya

The 2015 Skhirat political agreement, which laid the foundations for reconciliation between the various protagonists of the Libyan crisis, was highlighted at the International Conference on Libya, held Friday in Paris.   This agreement, considered as the basic reference for any political settlement of the Libyan crisis, has been cited by French President Emmanuel Macron […]

Americas Egypt Headlines International Libya

US, Egypt stress importance of holding Libyan elections on scheduled date

The United States and Egypt stressed the importance of holding elections in Libya on the scheduled date, i.e. on December 24. This was stressed in a joint statement released on Tuesday evening  by the State Department following the US-Egyptian strategic dialogue held on November 8 – 9, under the chairmanship of Secretary of State Antony […]

Headlines Libya

Libya: GNU opposes suspension of foreign minister by Presidential Council

The Government of National Unity (GNU), the interim Libyan government, has opposed the decision by the Presidential Council (PC) to suspend the country’s top diplomat Najla Mangoush and refer her for investigation, arguing that the PC has attacked outside its mandate per Libyan Political Dialogue Forum (LPDF). The PC Saturday banned Mangoush from traveling outside […]

Headlines Libya Tunisia

Four Tunisian workers die in oil platform accident in Libya

Four Tunisian workers have lost their lives during an accident on the Bouri Offshore Field, about 120 kilometers north of the Libyan coast, Tunisia’s consul general in Tripoli told state-run agency TAP. Taoufik Guesmi told the agency their corpses would be repatriated either Sunday or today Monday. The men working for Tripoli-based Mellitah Oil & […]

Americas Europe Headlines International Libya

US-Libya: VP Kamala Harris to attend Paris summit on Libyan elections

US Vice President Kamala Harris is expected to attend the Paris Summit on Libya next week, according to administration officials. Through the participation of Kamala Harris, who took office in January, Washington wants to support Libya as it takes steps toward elections scheduled for Dec.24. “We want to show our support for the Libyan people […]