Our source has obtained, exclusively, a circular from the Ministry of Education in the Government of National Unity addressed to the private education offices within the regional education directorates. The circular conveys the Minister’s instructions that issuing or renewing an operating (practice) license is contingent upon submitting proof of a contract with one of the […]
The French intelligence website Africa Intelligence reported today, Sunday, that the National Oil Corporation’s project in the south of the country has come to a complete halt. The website indicated that construction of the refinery in the city of Fezzan stopped due to disagreements over budget estimates, and that Zallaf Libya Oil & Gas—affiliated with […]
Our source has exclusively obtained official correspondence from the Governor of the Central Bank of Libya, in which he directed the Ministries of Health, Education, Higher Education, and Transportation in the Government of National Unity to instruct all affiliated and supervised institutions to mandate the use of electronic payment methods approved by the Central Bank […]
The Head of the Administrative Control Authority has issued a decision to suspend the Board of Directors of the National Maritime Transport Company. Our sources exclusively revealed that board members had signed training contracts tainted by corruption, favoritism, and nepotism with institutions in Malta, transferring advance payments in foreign currency to entities unrelated to the […]
Our source has obtained a decision from the Head of the Administrative Control Authority, Abdullah Qaderbouh, addressed to the Minister of Labor and Civil Service in the Government of National Unity, stressing the need to reassign surplus employees of Libyan Airlines based on their academic qualifications, to public institutions according to their needs, and to […]
Our private source revealed the appointment of Ashraf Abu Ras as Chairman of the Steering Committee for Sahara Bank. The appointed members include:Al-Mahdi Saleh, Abdulatif Al-Tunsi, Ahmed Al-Shtiwi, Ahmed Abdulkarim Rajab, Saad Mohamed Mahmoud, and Ashraf Nouri Alwan.Additionally, Anas Ali Ramadan has been appointed as the General Manager of the bank.
Our source has obtained a copy of the Customs Authority’s circular initiating the implementation of procedures to completely ban the entry of any goods through customs ports unless they are tied to documented banking operations (letters of credit – direct transfers – collection-based documents). This comes as Minister of Economy in the Government of National […]
The American newspaper IntPolicyDigest reported on Monday that Colonel Muammar Gaddafi once issued a stark warning in a moment of global criticism, saying: “The dominant powers today are in the hands of those with economic strength, which instills fear in others. They can starve you. They can shut down your raw material exports like gas […]
The Mafio News website reported on Sunday that a new airline is preparing to launch in Libya to provide air transport services for the oil sector. The site confirmed that the new company will be a joint venture between Petro Air, Harmony Group, and Delta United Group. The airline, named Libyan Oil Wings, is structured […]
The International Monetary Fund revealed in a report that the extremely low prices of oil and electricity encourage smuggling across borders, and it is likely that the sharp increase in the quantities of gasoline and diesel consumed contributes to the increase in smuggling to neighboring countries due to the large price difference. According to the […]
The British website EurasiaBusiness reported on Saturday that Libya remains in a state of alert despite the return of major global oil companies and the significant recovery in oil production. According to the site, by mid-2025, Libya’s crude oil production reached approximately 1.23 million barrels per day — its highest level in over a decade […]
The Turkish newspaper PaTurkey reported on Thursday that Turkish authorities have launched a comprehensive investigation into money laundering involving suspicious point-of-sale transactions worth over 47.5 billion Turkish lira, and have issued arrest warrants for 85 individuals, including employees from DenizBank, ŞekerBank, and the fintech company Ozan Elektronik. According to a statement from the Istanbul Chief […]
The Arab Weekly reported on Thursday that Libya’s decision to halt the oil-for-fuel swap system, which it relied on to secure fuel imports in exchange for oil exports, has worsened the financial challenges facing the country and increased pressure on its dwindling foreign currency reserves. The newspaper added that since the suspension of the swap […]
The Financial Times reported on Tuesday that BP and Shell are entering into several agreements aimed at exploring new opportunities in Libya, as international oil companies ramp up their return to the country. The paper emphasized that while Libya remains one of Africa’s largest oil producers, it has suffered from underinvestment due to the withdrawal […]
Our source has exclusively obtained a letter from the Minister of Economy addressed to the Director General of the Customs Authority, issued in implementation of instructions from the Central Bank of Libya to the Ministry of Economy. The letter bans all import, export, and re-export activities unless conducted through banking operations approved by the Central […]
