In an exclusive interview with our source, the head of the Libyan Technology Institution, Amine Salih, clarified several important details regarding the telecommunications sector: 1- Could you tell us about the Libyan Technology Institution and what role it plays in Libya? The Libyan Technology Institution is a community-based organization that strives to work in harmony […]
Our source has exclusively obtained a letter from the Director of the Wife and Children’s Grant Department at the Ministry of Social Affairs of the National Unity Government to the Central Bank of Libya. The letter urges the Central Bank to instruct commercial banks not to deduct any amounts from the wife and children’s grant.
Our source has exclusively obtained a communication from the Deputy Prosecutor at the Attorney General’s Office to the Chairman of the National Oil Corporation, requesting action regarding the summons of Miftah Qaratem, Director of the Engineering Department at Waha Oil Company, to appear in person for an investigation session at the Attorney General’s Office. The […]
Our source has exclusively obtained a letter from the Acting Chairman of the National Oil Corporation addressed to the Chairman of Akakus Oil Company. The letter confirms the temporary appointment of Ashraf Maatoug as a member of the Financial, Administrative, and Services Management Committee until further notice.
Our source has exclusively obtained a circular from the Government of National Unity, issued by Prime Minister Abdul Hamid Dbeibeh, directing public entities to implement the recently approved Startup Regulation Framework. The government clarified that this decision applies to companies established under the startup classification, addressing matters such as registration, licensing, and operational regulations. It […]
The Central Bank of Libya exclusively revealed to our source that it has dispatched an additional 60 million dinars to its Sebha branch to support the bank’s reserves and commercial bank branches in the southern region. This move aligns with the CBL’s strategic plan and follows the directives of Governor Naji Mohammed Issa and Deputy […]
Murzuq’s Economy and Trade Monitor, Saleh Ali Ahmed, told our source: “In an effort to provide essential food supplies at affordable prices, the Libyan Government’s Ministry of Economy and Trade and the Price Stabilization Fund, under the directives of the General Commander of the Armed Forces, have ensured the delivery of essential food items to […]
The Turkish newspaper Daily Sabah reported on Tuesday that several Arab and international newspapers have cited a United Nations report implicitly accusing Saddam Haftar, son of Khalifa Haftar, commander of the armed forces in eastern Libya, of “smuggling” oil through a private company involved in crude oil sales. According to the Turkish newspaper, a Libyan […]
A legal report published by The International Comparative Legal Guides revealed that the British Court of Appeal has rejected Libya’s appeal against the enforcement of an international arbitration award in favor of a British defense company. This ruling opens the door for the decision to be executed after nearly a decade-long dispute. The report explained […]
Independent Arabia reported that concerns are growing over Libya’s transformation from a donor state to a debtor nation, especially after it ranked 129th on the 2025 external debt list. According to Global Firepower, which specializes in tracking external debt, Libya’s debt has reached $3.322 billion, as published in mid-February. According to the newspaper, economic experts […]
The French intelligence website Africa Intelligence reported on Saturday that a European airline is in negotiations to sell commercial aircraft to Buraq Airlines. The website confirmed that the European aircraft manufacturer is holding discussions with Buraq Airlines and is also negotiating maintenance contracts for aircraft it recently sold to other Libyan airlines.
The Russian news agency RIA Novosti reported on Saturday that Russia has extended its gasoline export ban for six months starting in March, with exceptions for producers. According to the agency, major oil companies are currently allowed to export gasoline, but traders and resellers remain prohibited under a measure implemented last March. The ban excludes […]
The African Energy website reported on Friday that the catastrophic decline in Libya’s oil revenue transferred to the state treasury threatens the country’s economic stability. According to African Energy’s analysis of recently released data, uneconomical barter deals, smuggling, mismanagement, and corruption have cost the country tens of billions of dollars over the past three years.
Our source has exclusively obtained a letter from Osama Al-Tir, Director of the Office of the Head of the Audit Bureau and Chairman of the Hajj Committee, summoning Sabri Al-Bouaishi, Deputy Chairman of the General Authority for Hajj and Umrah. It is worth mentioning that this year’s Hajj lottery has sparked significant public reaction in […]
Anas Ashnibish wrote an article in which he stated: First: What Are Sovereign Wealth Funds? Sovereign wealth funds (SWFs) are state-owned investment funds managed by governments to achieve economic stability and promote sustainable development. These funds are typically financed through public revenue surpluses, such as oil revenues, trade surpluses, or foreign currency reserves. SWFs serve […]
