The Government of National Unity issued a decision to allocate nearly 57 million dinars in favor of Afriqiyah Airways to settle debts allegedly owed by the Presidential Council. However, our source obtained a letter from the Presidential Council to the government, confirming that it has no obligations toward Afriqiyah Airways. The letter calls for a […]
Our source exclusively obtained a letter from the head of the National Oil Corporation, Masoud Suleiman, in which he calls on the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, to establish a company named Jaliana for gas exploration and production, headquartered in Benghazi. The goal is to compensate for the sharp […]
The French intelligence website Africa Intelligence reported on Tuesday that the newly rehabilitated oil company Arkenu is reaffirming the completion of its projects in Libya. The French website confirmed that, under the dual protection of Khalifa Haftar and Abdulhamid Dbeibeh, the private company Arkenu is seeking to secure new contracts, while the financial investigation targeting […]
The French intelligence website Africa Intelligence reported Friday that British companies are preparing to sign investment and construction contracts in eastern Libya. The site confirmed that British businessman Daniel Kawczynski has established an association to help restore economic relations between the United Kingdom and Libya. According to the report, this new entity is competing with […]
Several traders told our source in exclusive statements that they received approval messages today. The traders also confirmed that they have completed shipping procedures through the new foreign currency booking platform, which they said has shown smoothness and flexibility in submitting requests and obtaining approvals. This marks a practical step toward organizing the market and […]
The website Energy Capital Power reported Thursday that the $8 billion offshore gas development project “Structures A & E” is gaining increasing momentum, with recent contracts and confirmed production schedules marking a significant step forward. According to the site, the project—led by Mellitah Oil & Gas, a joint venture between Eni and the National Oil […]
The Central Bank of Libya exclusively told our source: “We do not advise small traders and others to buy dollars before the end of September, when the withdrawal period for the 20-dinar note ends.” The Central Bank also confirmed exclusively to our source that it is preparing to launch new tools and measures in the […]
Economist Mohamed Abu-Snina wrote in an article: It is noticeable, through what is being circulated and discussed in legislative and executive circles, as well as within certain sovereign oversight institutions, both currently and throughout the past decade, that there is a strong inclination to amend some fundamental laws, and sometimes even to issue new ones. […]
The Central Bank of Libya exclusively told our source: “An agreement was reached between the Governor of the Central Bank of Libya and the Speaker of the Libyan House of Representatives in Benghazi to support the Central Bank’s efforts to achieve financial and monetary stability, in line with the bank’s plan to manage the overall […]
Fawzi Al-Shuwaish, Marketing Director at Jumhouria Bank, told our source that the bank’s marketing department has begun implementing a promotional campaign aimed at expanding the provision of electronic payment services, in line with the instructions of the executive management and directives of the bank’s Board of Directors. Al-Shuwaish explained that the campaign covers various Libyan […]
Hisham Al-Harati, legal advisor for Zaykom Zayna Organization for the Rights of Persons with Disabilities, told our source exclusively: “Although government decisions have long affirmed the right of persons with disabilities to access public buildings and services with ease, the issue remains purely one of implementation.” He added: “In the absence of effective monitoring and […]
Al-Hurra reported on Tuesday that under the scorching sun, many Libyans wait in long lines at fuel stations, sometimes for hours or even days, just to buy a few liters for their cars or home generators. Meanwhile, heavy oil tankers rush on highways toward ports, where smugglers load shipments destined for international markets. The network […]
The French intelligence website Africa Intelligence reported on Tuesday that the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, is once again turning to the American lobbying firm Mercury Public Affairs to reach the White House. The site confirmed that Dbeibeh granted a new contract worth €70,000 per month to the U.S. […]
Our source obtained a correspondence from the Central Bank of Libya to the directors of commercial banks regarding the upcoming end of August, in which the Central Bank announced its support for the “Instant Salary” project aimed at facilitating the direct transfer of government sector employees’ salaries to their beneficiaries. The Central Bank requested that […]
Reuters reported on Tuesday that the American company Honeywell UOP has prepared a feasibility study to expand Libya’s largest oil refinery, as part of a comprehensive plan to develop the country’s oil fields. According to Reuters, the study concluded that developing the Zawiya refinery in northwestern Libya is feasible and could save large sums of […]
