The Criminal Court has sentenced six employees of the General Electricity Company of Libya (GECOL) to ten years in prison and fined them 1,466,852 dinars, on charges of stealing company equipment and supplies, according to the Public Prosecutor’s Office. The Public Prosecutor’s Office said in a brief statement that the court dealt with the theft of components of the electrical supply network and then ruled the six defendants.
Government and the International Organization for Migration (IOM) have pledged to ensure that the 143 Ghanaian migrants who voluntarily decided to return from Libya are properly integrated into society. The returnees are part of a larger group of over 5,000 Ghanaians who have received assistance through the Migrant Protection, Return, and Reintegration Programme for Sub-Saharan Africa, led by the International Organization for Migration – Ghana, since 2017. Under this initiative, the International Organization for Migration, in collaboration with the government, aims to reintegrate the migrants into Ghanaian society. Speaking to the media, Chief of Mission for IOM Ghana, Fatou Diallo Ndiaye revealed that their support for these returnees extends beyond the airport. Plans are in place to ensure their social and economic reintegration into society.
CAIRO - 13 February 2024: Egyptian President Abdel Fattah El-Sisi met with CIA Director William Burns on Tuesday. The two leaders discussed a range of issues of mutual interest, including regional security, counterterrorism, and the situation in the Gaza Strip. El-Sisi and Burns discussed the situation in the Gaza Strip, where a ceasefire between Israel and Hamas has been in place since May 2021. El-Sisi called for the international community to do more to support the reconstruction of the Gaza Strip and to improve the living conditions of its residents. The two leaders discussed a range of issues of mutual interest, including regional security, counterterrorism, and the situation in the Gaza Strip.
"Amid the countless immediate political challenges confronting Libya’s fractious leaders, longer-term objectives like environmental protection and ocean conservation rarely receive priority. Libya's environmental catastropheAbdelbasset al-Miri, a local official, described the episode as “catastrophic” at the time even as it represented just one instance of the environmental issues that have battered the Libyan coast in recent years. Amid the countless immediate political challenges confronting Libya’s fractious leaders, longer-term objectives like environmental protection and ocean conservation rarely receive priority. In 2022, a Libyan environmental organisation raised the alarm that 500 varieties of fish had migrated away from Libya’s coast because of pollution. The international community can play a central role by integrating marine conservation into the sputtering campaign to forge a Libyan political consensus.
It also adds to evidence that the 77-year-old either does not understand how NATO works or is distorting the truth for political gain. President Joe Biden, who is on track toward a rematch against Trump in November, also issued a statement criticizing Trump. NATO members don’t pay to belong and don’t owe the organization anything other than contributions to a largely administrative fund. Trump has a history of misrepresenting NATO or suggesting that the United States might not honor its commitment to allies. Trump spoke that year about NATO as if it were a business going bankrupt until he came along.
A total of 143 Ghanaians who travelled to Libya in pursuit of better opportunities were voluntarily brought back home on Thursday night via a chartered flight. This brings to total 5,142 Ghanaians who have willingly returned since 2017 under the International Organisation for Migration’s (IOM) Voluntary Humanitarian Return Assistance Programme. Last year, the IOM, supported by the Migrant Protection, Return, and Reintegration Programme for Sub-Saharan Africa (MPRR-SSA), funded by the European Union, facilitated the safe return of 629 Ghanaians: 555 men, 58 women, and 16 children, via four chartered flights from Libya. Emphasising the pivotal role of the youth in the country’s growth, Ms Ndiaye encouraged them to leverage their competences for the development of Ghana and the families for whom they travelled. Additionally, the IOM and partners will support the migrants in developing comprehensive reintegration plans that address economic, social, and psychosocial needs.
Government and the International Organization for Migration (IOM) have pledged to ensure that the 143 Ghanaian migrants who voluntarily decided to return from Libya are properly integrated into society. Under this initiative, the International Organization for Migration, in collaboration with the government, aims to reintegrate the migrants into Ghanaian society. Speaking to the media, Chief of Mission for IOM Ghana, Fatou Diallo Ndiaye revealed that their support for these returnees extends beyond the airport. Plans are in place to ensure their social and economic reintegration into society. The IOM has supported 5143 Ghanaians comprising 4449 men and 715 women who have voluntarily returned home under the programme since 2017.
The Libyan British Business Council (LBBC) confirmed to Libya Herald that its business delegation will visit Tripoli, Zliten and Misrata from 19-23 February 2024 as guests of the Libyan General Union of Chambers of Commerce, Industry and Agriculture. The LBBC is grateful to British Arab Commercial Bank (BACB) and Bank ABC for their generous support as Gold Sponsors of the business delegation. Peter Millett, Chairman of the LBBC and former British Ambassador to Libya, will lead the delegation which also has the support of the British Embassy and the Department for Business and Trade. The panel will be chaired by Salim Abukhzaam (BACB) and will include Ali Mahmoud, Chairman of the Libyan Investment Authority (LIA), the Libyan Foreign Bank (LFB) and Ghassan Attiga (Bank ABC). Developments in the Libyan infrastructure sectorAfter a coffee break at 11.30, the conference will reconvene at 12.00 noon to discuss developments in the infrastructure sector.
In a dramatic turn of events, Libya's sovereign wealth fund, through its subsidiary Ensemble Hotel Holdings, has set its sights on a hostile takeover of Legacy Hotels, a distinguished South African hospitality group. A Bitter Boardroom BattleThe Libyan Investment Authority's (LIA) aggressive bid follows a contentious boardroom disagreement within Legacy Hotels. Legacy Hotels boasts an impressive portfolio of luxury properties, including the iconic Leonardo, which is the tallest building in Africa. Calls for Regulatory InterventionAdvertismentGiven the potential ramifications of the takeover, calls for regulatory intervention are growing louder. Their decision could have far-reaching implications for the South African hospitality industry and the country's economic landscape as a whole.
UN envoy to Libya Abdoulaye Bathily said Sunday he met with member of the German Bundestag, Tobias Bacherle, and Ambassador Michael Ohnmacht, where they discussed the latest political and security developments in Libya. The two parties stressed the importance of Libya’s stability for regional peace and security, according to Bathily.
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The Minister of Economy and Trade, Mohamed Al-Hwej, opened last Sunday (11 February) the 2nd Libya Household Expo 2024 at the Tripoli International Fairgrounds. The Economy Ministry reported that 40 local and international companies participated, with the international participants hailing from Egypt, Tunisia, Turkey, and Algeria. The event covered a wide range of novelties and cutting-edge technology in the field of household products. The opening was attended by the Chairman of the General Authority for Exhibitions, the President of the General Union of Chambers of Commerce, Industry and Agriculture, and several heads of diplomatic missions to Libya. The exhibition will continue until 14 February.
The state Libyan Iron and Steel Company (LISCO) announced last Friday (9 February) that its Bar Rolling Mill No. 2 is to prepare to produce 12 mm steel according to the required type and specifications. This, it explained, comes in line with the requirements of the foreign market in accordance with the British Standard BS4449 for rebar. It also comes after having produced more than 10,000 tons of 14 mm steel with technical specifications according to class B500B with a quality exceeding 99%. LISCO also added that it is pursuing production plans according to market requirements locally and abroad, and it is expected that sizes 8, 10, 16, and 20 mm will be produced in the coming days.
FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 17, 2024. REUTERS/Denis Balibouse/File PhotoBy Maha El Dahan and Federico MaccioniThe managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Sunday she was confident about the economic outlook despite uncertainties around war and geopolitics as the global economy has remained resilient. She added that in addition to savings, eliminating regressive energy subsidies "discourages pollution, and helps improve social spending," in a copy of the speech published on the IMF website. "While uncertainties are still high, we can be a bit more confident about the economic outlook, because the global economy has been surprisingly resilient," she said in the speech. And further widening of the conflict would aggravate the economic harm," she said.
The Benghazi Chamber of Commerce, Industry and Agriculture today announced the holding of the Libyan-Tunisian Trade Forum in the city of Benghazi on 13 February. The event will be held in cooperation with Emaar Libya Holding Company and the Tunisian Export Promotion Centre (Centre de Promotion des Exportations de la Tunisie – CEPEX). The Benghazi Chamber said the Tunisian companies participating are in the following sectors:1- Interior and exterior paint and building supplements and supplies. 9- Cement industries and chemical products processing water, concrete, sponge and additives to treat moisture. 12- Private transportation and transportation companies.
