Libya’s largest bank, the state-owned and managed Jumhouria Bank, was one of the main sponsors of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) – Islamic Development Bank’s (IsDB)18th Annual Islamic Banking and Finance Conference. The AAOIFI is a Bahrain-based not-for-profit organization that was established to maintain and promote Shariah standards for Islamic financial institutions, participants and the overall industry. The conference was held from 29-30 November in Bahrain under the banner “Strategies for the Impending Economic Slowdown and a Post Oil World: Through Economic Diversification and Leveraging Islamic Finance”. Supporting the Islamic finance industryJumhouria Bank said its sponsorship comes within its keenness to support the Islamic financial industry and its institutions, foremost of which is the AAOIFI, which is the most prominent issuer of international Islamic financial industry standards. We are also pleased that Jumhouria Bank is a sponsor of this world-leading conference, and we are confident that its discussions and deliberations will contribute to enhancing the knowledge dimension in the field of Sharia financial transactions, as well as providing solutions to many pressing intellectual and practical issues and problems today’’.

The head of Libya’s Airports Authority, Mohamed Bait Al-Mal, participated with an official delegation representing the Ministry of Transport in the activities of the French-Libyan Transport Forum. The forum was organized by the Libyan French Chamber of Commerce, the General Libyan Union of Chambers of Commerce, Industry and Agriculture and the French business association MEDEF. The Airports Authority reported that the forum aims to consolidate relations, expand the scope of partnership, and build bridges of cooperation between the Libyan and French sides in the field of transportation, as it is one of the important pillars in developing the Libyan economy. Representatives of several French institutions and companies specialized in the transport sector in its various types, air, sea and land, participated in the forum, in the presence of several officials and specialists from the Libyan side. The Airports Authority said the aim was to learn about the capabilities of the French side, learn about the modern technologies used in the various fields of transport, and the experience gained on their part.

In the west, the Rapid Support Forces (RSF) are close to imposing total control over the entire Darfur region. From a geopolitical standpoint, the Darfur region has borders with eastern Libya, which is governed by Field Marshal Khalifa Haftar, the ally of General Mohamed Hamdan Dagalo, or Hemedti, and the region is also bordered by Chad and Central Africa. "There will be no Libyan scenario in Sudan," says Dr Mahamat Ali Kalyani. For his part, Sudanese political analyst Muhammad Torshin also rules out any repetition of the Libyan scenario in Sudan, but for different reasons. Hemedti could formulate understandings with armed movements in Darfur, but he will not do so "because any alliance of this kind clearly means the end of these movements,” he added.

A total of 136 Bangladeshi nationals, who were detained at a detention centre in the Libyan capital of Tripoli, returned home today. A flight of Buraq Air carrying the Bangladeshi nationals landed at Hazrat Shahjalal International Airport in Dhaka on Thursday (December 14). With the all-out efforts of Bangladesh Embassy in Tripoli, Libyan government and direct cooperation of International Organization for Migration (IOM), the detained Bangladeshis returned home. After their arrival at the Dhaka airport, Ministry of Foreign Affairs officials and IOM officials welcomed these Bangladeshi citizens. On this occasion, IOM gave each of them Tk 6,058 as pocket money and some food items.

Registered User Benefits- It costs you nothing! - Create your own user profile- Comment on articles- Submit calendar events- Submit news tips- Save your favorite articles- Follow your favorite authors- Submit classified adsRegister today to take advantage of these benefits and more! Register Now!

(MENAFN- African Press Organization)Václav Bartuška, Special Envoy for Energy Security at the Ministry of Foreign Affairs of the Czech Republic, will speak at the Libya Energy & Economic Summit (LEES) taking place in Tripoli next month – showcasing European interest in Libya's energy reserves. While energy production in the Czech Republic primarily comes from nuclear and conventional coal-fired power plants, the rising cost of carbon credits and stricter regulations from the European Union have effectively phased out coal production. Bartuška is expected to discuss the country's strategy for ensuring a reliable energy supply and the potential areas of cooperation with Libya. The Czech Republic joins a growing list of European nations – which includes Malta, Italy and Spain – taking a renewed interest in Libya's energy reserves. About Libya Energy & Economic Summit :The Libya Energy & Economic Summit takes place in Tripoli from 13-14 January, 2024 in official partnership with the Office of the Prime Minister, the National Oil Corporation and the Ministry of Oil and Gas.

The Federal Investigation Agency (FIA) on Wednesday arrested another key facilitator in the Libya migrant boat wreck incident. The FIA spokesperson stated that an operation was conducted over the suspicious transaction from the bank account of the other key facilitator – currently in custody – Adil Mumtaz. The accused received Rs 1 million to send a citizen to Italy via his human trafficking network, additionally, the citizen who gave the money went into hiding after reaching Libya. Earlier this month, the FIA spokesperson confirmed that a key facilitator Adil in the Libya migrant boat wreck tragedy was arrested. The then-Prime Minister Shehbaz Sharif directed authorities concerned to investigate the human trafficking that led to the tragic incident of a migrant shipwreck near Greece with several Pakistani nationals onboard.

The Minister of Economy and Trade, Mohamed Al-Hwej, met with the official of political, economic and commercial affairs at the Embassy of the Republic of Burkina Faso to Libya, and the personal envoy of the Minister of Trade, Bourema Ouédraogo, on Tuesday, at the Ministry’s Tripoli headquarters. The meeting was to arrange for the Libyan delegation to participate in the African International Exhibition for Traditional Handicrafts, in response to an invitation, in Burkina Faso next year. Strengthen African relationsWadi referred to the Minister of Economy’s speech regarding the desire of the Tripoli based Libyan government to strengthen economic relations and activate cooperation with the Sahel-Saharan countries and the African Union countries, including Burkina Faso. This is especially regarding trade and investment, which aims to establish free and economic zones and establish continental roads to stimulate transit trade between the European and African continents. Burkina Faso seeks improved economic relationsWadi said that the special envoy of the Minister of Trade in Burkina Faso noted during the meeting the prominent role played by Libya in supporting and developing the African economy.

TRIPOLI: Libya on Tuesday repatriated nearly 1,000 migrants from Egypt and Nigeria who had been staying in the North African country illegally, officials and AFP journalists said. The 664 Egyptians were to be taken by bus to the Emsaed border post with Egypt, nearly 1,400 kilometres (870 miles) east of Tripoli. Egyptian migrants awaiting deportation by the Tripoli-based government. Migrants seeking to make the perilous sea crossing to Europe from north Africa often fall into the hands of trafficking gangs that extort them for money. Thousands of people, mostly Egyptians, have also lived illegally in and around the Libyan capital for years, working in agriculture, business and construction.

CAIRO - 13 December 2023: The number of planes received by Al-Arish Airport in North Sinai, carrying international aid for the people of the Gaza Strip, has reached 299 planes since last October 12 until today. The planes transported aid shipments destined for the Gaza Strip. The Egyptian Red Crescent received the shipments and transported them on trucks from Al-Arish to the Rafah crossing to reach the Gaza Strip. The international relief organizations from which the aid planes arrived came from the World Food Organization, UNICEF, the World Health Organization, the Red Cross, a plane from Doctors Without Borders, the European Union, and the United Nations. The countries from which planes transporting aid arrived to Gaza and landed at Al-Arish Airport are: Kuwait, Turkey, Qatar, the United Arab Emirates, Russia, Algeria, Jordan, Iraq, Indonesia, France, Morocco, Saudi Arabia, Pakistan, Bahrain, England, Brazil, Tunisia, Venezuela.

By Mauro OrruEutelsat OneWeb signed an agreement with Libyan telecoms operator Rawafed Libya for Telecommunications and Technology to provide high-speed connectivity across the war-torn country from early next year, by harnessing its constellation of hundreds of satellites. The subsidiary of Paris-based Eutelsat Communications said Wednesday that the multi-million-dollar, multi-year contract would make it easier for the oil-and-gas and financial-services industries to access reliable connectivity, as well as for humanitarian organizations that operate in the country.

According to Libya’s Tripoli based Ministry of Industry and Minerals an Italian business delegation visiting Libya early in 2024 will discuss the topic of the localisation of oil industry. The news was revealed by the Committee for Localising Oil Fields Equipment (CLOFE) during its participation in the Libyan-Italian Economic Forum in Rome on 6-7 December. CLOFE reported that it had held intensive bilateral meetings at the event and that during its presentation at the specific oil and gas session, it reported on the promising investment opportunities, partnership, cooperation, and common interests, where the industrial base and qualified factories are ready for investment. CLOFE reported the Italian side appreciated these promising opportunities, despite the investment challenges, and pledged to discuss them with industrial companies and bankers during an expected working visit to Libya at the beginning of next year. Head of Libyan-Italian Chamber of Commerce emphasises increasing trade – 2024 will be year of Libyan-Italian economic partnership (libyaherald.com)

TRIPOLI, Dec. 13 (Xinhua) -- The Illegal Migration Control Department of Libya on Tuesday deported 963 illegal migrants to their respective countries, Egypt and Nigeria. "The total number of the deported migrants is 963 illegal migrants today. Deportation of illegal migrants from Libya continues on a daily basis," Mohamed Bre'a, undersecretary for Security Affairs of the Department, told Xinhua. "From the deportation office of the Illegal Migration Control Department, a group of illegal Egyptian and Nigerian migrants will be deported to their countries. The Egyptian migrants will be deported by land to their country, and the Nigerian migrants will be deported by air to their country," Bre'a said.

It will add the low Earth orbit (LEO) services required for the high-speed low latency connectivity from early 2024. Eutelsat OneWeb will provide exclusive access to its LEO powered connectivity constellation, delivering full connectivity over Libya. The services will provide high-speed, low latency connectivity for a range of applications including commercial connectivity to Libya’s oil and gas and financial services industries. “Eutelsat OneWeb was formed to bring together GEO and LEO constellations to meet a growing customer need for integrated satellite connectivity,” said Cyril Dujardin, co-general manager of Eutelsat OneWeb. The announcement comes hot of the heels of another deal on the African market for Eutelsat OneWeb.

Eutelsat OneWeb has signed an exclusive distribution partnership agreement with Libyan operator RLTT (Rawafed Libya for Telecommunications & Technology) to provide high-speed, low latency connectivity across Libya. The agreement will see RLTT expand its relationship with Eutelsat Group to include a hybrid bundle of both enhanced GEO and LEO services. Eutelsat OneWeb will provide exclusive access to its Low Earth Orbit (LEO) powered connectivity constellation, delivering full connectivity over Libya from early 2024. The services will provide high-speed, low latency connectivity for a range of applications including commercial connectivity to the Oil and Gas and Financial Services industries, Government sectors, cellular backhaul for telecoms operators and remote connectivity for humanitarian organisations. Cyril Dujardin, Co-General Manager of Eutelsat OneWeb, said: “Eutelsat OneWeb was formed to bring together GEO and LEO constellations to meet a growing customer need for integrated satellite connectivity, and the extension of our relationship with RLTT shows we are delivering.