The American network CNN reported on Wednesday that the administration of President Donald Trump is moving forward with a plan to deport a group of undocumented migrants to Libya. According to the network, citing a U.S. administration official, a C-17 military aircraft submitted a flight plan to depart from Kelly Field in San Antonio, Texas, […]
Our source has exclusively obtained a letter from the President of the Audit Bureau, Khaled Shakshak, addressed to the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, urging him not to take any measures that would implement the decision to cancel 25 embassies and diplomatic missions abroad and merge them with other […]
The Maltese Ambassador to Libya, Charles Saliba, told our source on Monday that the economic partnership between Malta and Libya is not new. Even during difficult times when Libya was under siege and sanctions, Malta invested heavily in the country. The ambassador emphasized to our source that Valletta—being the closest city to Tripoli—has always viewed […]
Our source has exclusively obtained the decision of the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, to temporarily suspend the Chairman of the Board of the LPTIC, Salah Al-Najeh, and to appoint Yousef Ibrahim Hussein to manage the board’s affairs until the General Assembly convenes. In a related development, our source […]
Exclusive sources in the communications sector revealed to our source hat the building of the Libyan Post, Telecommunications and Information Technology Company in Al-Nofleen was stormed and shots were fired in front of it. According to the sources, the Chairman of the Board and his deputy, Yousef Abu Zwayda, were taken to an unknown destination.
The French intelligence website Africa Intelligence reported on Friday that Kate Hoey, a member of the UK House of Lords, is targeting frozen Libyan assets valued at £9.5 billion. The site confirmed that Hoey believes Libya, due to its historical funding of the Irish Republican Army (IRA) during the Gaddafi era, owes compensation to the […]
Our source at the Central Bank of Libya revealed exclusively: “We have begun implementing a liquidity plan in coordination with banks to ensure a regular supply of cash throughout the year, giving special priority to salary disbursement and Eid al-Adha. We will distribute cash in a way that ensures citizens can meet their needs.” The […]
U.S. Ambassador to Libya Richard Norland stated during his participation in the Economic Conference in Washington that the U.S. administration is prepared to open the door to aid and encourage investments — but under certain conditions dictated by American bureaucracy. The two most important of these conditions are: The ambassador added that if these conditions […]
The Central Bank of Libya told our source exclusively that today is the final deadline for citizens to deposit the 50-dinar banknote at commercial banks, and there is no intention to extend the period for its use. The Bank confirmed that the final value of the 50-dinar deposits will be determined after sorting by the […]
Libyan businessman Hosni Bey participated in the inaugural Libya–U.S. Business and Development Forum held in Washington, D.C., organized by the Libya Reconstruction Organization in partnership with the Libyan American Business Association. During the event, Bey presented a comprehensive vision to reshape Libya’s economic model, stressing the importance of moving away from the traditional model based […]
In an exclusive statement to our source, Minister of Oil and Gas Mohamed Aoun commented on the announcement by Arcano Oil Company regarding its joint operation in oil production with the National Oil Corporation (NOC). Aoun clarified that it was the Prime Minister of the Government of National Unity, Abdulhamid Dbeibeh, who issued the decisions […]
The Board of Directors of the National Oil Corporation has issued a series of decisions, including granting financial bonuses to employees who have completed their years of service and retired upon reaching the legal retirement age, with a sum of 5,000 Libyan dinars. The decisions also include amendments to annual bonus amounts based on years […]
In an exclusive statement to our source, Al-Saray Bank shareholder No’aman Al-Bouri announced that the bank’s Board of Directors has held a vote to appoint a Chairman and Deputy Chairman. Al-Bouri stated that Ahmed Atiga was elected as Chairman of the Board, and Basim Tantoshi as his Deputy, during a session marked by professionalism and […]
Nasser Al-Ma’arifi, Head of Economic Strategy and member of the Advisory Board at the National Planning Council, told our source that Libya’s economic situation is gradually deteriorating, placing an increasing burden on citizens. He explained that the main challenges facing the Libyan economy stem from internal and external political instability, compounded by crises in the […]
In a statement to Erem Business, Professor of Economics at the University of Benghazi, Ayoub Al-Farisi, said that the International Monetary Fund (IMF) typically intervenes in a country’s economic decision-making when that country requests a loan. The IMF then seeks to ensure repayment by imposing reforms, taxes, currency devaluation, and flotation. In exchange for the […]
