Africa Libya The Libyan parallel government approved the proposal to eliminate subsidies on fuel and petroleum products, the preparation of an appropriate mechanism to implement this measure and more measures linked to the 2025 general budget
Africa Libya A new political initiative aimed at resolving the political crisis has been announced by the UN Support Mission in Libya; with a technical committee of Libyan experts, it will identify steps and priorities for establishing a consensus-based government
Africa Libya All commercial banks operating in Libya can now offer interest-free loans for electronic purchases, to help citizens cope with the country's current liquidity crisis
Africa Libya Libya's National Oil Corporation said it had reached a new production record, pumping 1.386.030 barrels of crude oil and condensate per day, as well as 203.017 barrels of gas equivalent
Africa Libya The “She Leads” project to support entrepreneurship for women in the cities of Tripoli and Sabha were launched at an event in the Old City, Tripoli; it aims at training over 80 women to facilitate their entry into the labour market
Africa Libya Libya has secured the position of host country for the 45th session of the Executive Council of the World Islamic Organisation for Education, Science and Culture to be held in Tripoli in January 2025
Africa Libya The United Nations Support Mission in Libya welcomed the appointment of the Libyan Central Bank's Board of Directors, which is essential to ensure that the CBL operates with independence, integrity, transparency and accountability
Africa Libya The Mufti of Libya, Sheikh Al-Sadiq Al-Ghariani, warned against the dangers of indoctrination that will be caused by imposing the 'Saudi curriculum exported by Saudi intelligence units' on mosque and school students
Africa Libya A decision to reduce the tax on the official exchange rate of foreign currency purchases by 7%, thus decreasing from 27% to to 20%, has been issued and announced by the Speaker of the House
Africa Libya Banks should extend the period for withdrawing 50 dinar notes from customers until 31 December 2024, decided the Issuing Department of the Central Bank of Libya
Africa Libya The city of Derna, devastated by a deadly flood a year ago, is being rebuilt and new buildings are being erected, in addition to the restoration of those affected by the flood
Africa Libya The Commander-in-Chief of the Libyan Armed Forces, Khalifa Haftar, met with a US delegation, praising the development of friendly relations between the Libyan Armed Forces General Command and the United States
Africa Libya The Central Bank of Libya suspended its operations due to the kidnapping of its IT director and won't resume them until he is released; according to international regulations, the bank is the only institution where oil revenues can be deposited