News Libya: Libyan Investment Authority’s post-Gaddafi plans revealed
Thanks to exhaustive efforts by Deloitte – at least the fourth big advisory name to work for the LIA, following Ernst & Young, Mercer and KPMG – Breish can now state with confidence that the fund has ...
News Libya: Libya Set to Announce First Oil Bid Round Since 2011
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Beleaguered North African oil producer Libya is set to announce within ...
News Libya: How to Help Libya’s Flood Victims
Gordon was a reporter for TIME, based in the London bureau. Gordon was a reporter for TIME, based in the London bureau. At least 11,300 people have died and more than 10,000 are believed missing after ...
News Libya: Libyan officials warn Derna flood death toll could reach 20,000
The failure to maintain basic infrastructure and to prepare emergency response policies, flowing from the 2011 NATO war in Libya that plunged the country into an ongoing 12-year civil war, has exacted a horrific human cost.
News Libya: Derna, Libya: Floods, Death, and Destruction: The Gift of NATO
After the two dams broke in Derna, eastern Libya on Monday September 11, 2023, more than 11,300 persons were killed. There are over 11,000 still missing one week later. All the major international ...
News Libya: Storm-ravaged Libya faces a long road to recovery as humanitarian groups ask for $71 million in aid
Libya’s vast oil and gas reserves, which are the biggest in Africa, remain the dominant source of revenue. While terminals initially closed, the storm has not impacted Libya’s output which sits around ...
News Libya: Libyans grapple with fresh currency devaluation
Already worn down by years of political turmoil and economic hardships, Libyans are now facing a sharp deterioration in their purchasing power after a sudden devaluation of the Libyan dinar.Experts have said the national currency's exchange rate decline came as a consequence of ballooning public expenditures by the country's rival governments in recent years.Libya has Africa's most abundant hydrocarbon reserves, but it is struggling to recover from years of conflict after the 2011 NATO-backed uprising that overthrew longtime dictator Moamer Kadhafi.
News Libya: Libyan Oil Revenue Decline, Unrest Send Dinar Plunging
Libya's dinar has plunged to record lows, driven by a sharp decline in oil revenues and escalating political unrest. The Central Bank of Libya (CBL) devalued the currency by 13.3% on April 6, setting ...
News Libya: Dispute emerges over cutting of olive trees at Tarhuna agricultural project
Agricultural police in Libya say they have detained workers and apprehended others accused of cutting around 1,200 olive trees inside the Tarhuna Agricultural Project, describing the incident as an attack on a national agricultural resource. The patrol, carried out by the Al-Nahr Agricultural Police Centre, part of the Tarhuna branch, said it discovered the trees had been cut during a patrol inside the project.
News Libya: Food & Agriculture Organization of the United Nations (FAO) and the World Food Programme (WFP) mark World Food Day in Libya
The Food & Agriculture Organization of the United Nations (FAO) and the World Food Programme (WFP) are marking Read more.
News Libya: Network International Partners With Al Seraj Islamic Bank To Drive Digital Payments, Expand Market Reach And Advance Financial Inclusion In Libya
Network International Partners With Al Seraj Islamic Bank To Drive Digital Payments, Expand Market Reach And Advance Financial Inclusion In Libya. Network International (Network) ( ), a leading fintech company in the Middle East and Africa (MEA), has signed a processing agreement with Al Seraj Islamic Bank (SIB) to accelerate th
News Libya: Network International seals deals to streamline digital payments in Egypt, Libya
Payments processing company Network International is expanding its influence in North Africa's digital payments landscape with deals in Egypt and Libya.
News Libya: Here is what $100 oil means for Bitcoin network
Research shows that only 8% to 10% of global Bitcoin hashrate runs in oil-sensitive power markets, suggesting that geopolitical shocks may affect BTC prices more than mining costs.
News Libya: Big Oil Is Back to Business in Libya
Libya’s NOC signed new agreements with BP and Shell to explore and assess oil and gas fields including Messla, Sarir, and al-Atshan. BP plans to reopen its Tripoli office by Q4 2025 as part of its ...
News Libya: Sirte: Kadhafi birthplace targeted in Libya conflict
Libya's coastal city of Sirte, hometown of ex-dictator Moamer Kadhafi and a strategic gateway to oil export ports, is now at the centre of tensions between rival forces and regional powers. Egypt's ...
News Libya: Libya oil exports blocked, raising stakes for Berlin peace summit
Forces loyal to Libyan military strongman Khalifa Haftar blocked oil exports from the war-ravaged country's main ports Saturday, raising the stakes on the eve of an international summit aimed at bringing peace to the North African nation. Read more.
News Libya: Mideast war spotlights Algeria, Libya as potential energy alternatives
Attacks on Gulf energy shift focus to Algeria and Libya, but limited capacity and instability hinder short-term supply replacement.
News Libya: Libyan authorities free over 200 migrants from ‘secret prison’
BENGHAZI — Libya’s security authorities have freed more than 200 migrants from what they described as a secret prison in the town of Kufra in the southeast of the country after they were held captive ...
