Canadian Newspaper: FBI Investigates Illegal Arms Deal to Libya Worth Over $1 Billion
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The Federal Bureau of Investigation has arrested a former United Nations agency executive in Montreal on charges of attempting to broker illegal arms deals worth more than $1 billion between Libya a…
Exclusive: Dbeibeh Issues Circular with Several Measures to Rationalize Public Spending
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Our source has exclusively obtained a copy of Prime Minister of the Government of National Unity’s Circular No. 5 for 2024, issued on December 31, 2024.
The circular stipulates several measures a…
Exclusive: Temporary Suspension of Oil Port Closures for Two Weeks to Meet Demands
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Our source from the oil sector revealed that the protest movement in the Oil Crescent region decided to temporarily suspend the closure of oil ports. This decision followed communication with the Ch…
Exclusive: Commenting on Oil Field Closures, Al-Safi States: “The Central Bank’s Ability to Meet Demand Will Decline, Potentially Forcing a Return to Demand-Curbing Policies”
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Economic expert Mohamed Al-Safi exclusively told our source regarding the closure of oil fields: “It’s truly a regretful development that further complicates the situation. The Central Bank is alrea…
Bloomberg: Libya’s Major Oil Ports Halt Operations
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The American news agency Bloomberg reported today, Tuesday, that oil loading operations at Libya’s major ports have stopped due to protests, disrupting about one-third of oil exports. This highlight…
Exclusive: Central Bank Announces Start of Applications for Financial Leasing Activity Licenses
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Our source at the Central Bank of Libya revealed that it has begun accepting applications for licensing financial leasing activities as of Sunday, January 26, through its official website.
This s…