This development could be particularly consequential for Türkiye, a NATO member whose growing defense industry and strategic assertiveness is already reshaping the alliance. Türkiye’s military and defense ascendancyTürkiye’s defense industry has transformed dramatically, turning the country into a leader in modern warfare innovation. These drones have become a symbol of Türkiye’s military prowess, demonstrating exceptional effectiveness in conflicts across Syria, Libya, and Nagorno-Karabakh. Nonetheless, Türkiye’s military contributions, including its support for Ukraine through the provision of Bayraktar drones, have complicated this narrative. A defining moment for NATOThe intersection of Türkiye’s rising defense capabilities and Trump’s potential return to NATO diplomacy represents a critical juncture for the alliance.

November 21, 2024 07:09 UTC

Copy LinkThe Central Bank of Libya (CBL) has today announced a reduction in foreign exchange tax to 15% for all transactions, following a directive from the House of Representatives (HoR). The new policy establishes a 15% fee on all foreign currency transactions at the official exchange rate, whilst maintaining existing exemptions approved by the HoR Speaker. “Banks are instructed to implement this decision immediately and facilitate documentary credit procedures for all purposes,” the CBL statement read. This move represents the latest endeavour by Libyan authorities to manage foreign exchange policy and stimulate economic activity. The decision modifies the existing foreign exchange fee structure and aims to streamline international trade procedures through the banking system.

November 21, 2024 01:23 UTC

The Cuban ambassador to Mozambique, Jorge Lopez, yesterday (19.11) presented a congratulatory message from Cuban President Miguel Diaz-Canel to Daniel Chapo on his election as President of the Republic in the elections held last October, the Frelimo website reports. According to the message presented by Jorge Lopez, Daniel Chapo’s election is unequivocal proof of the people’s support for Frelimo and its candidate. The Cuban ambassador assured that his country is interested in continuing to cooperate with Mozambique in education, sports, technology and the health sector. Daniel Chapo also praised the presence of Cuban doctors in the country, who have supported the National Health System in the treatment of various illnesses. Daniel Chapo also received congratulations from Libya, through its Ambassador to Mozambique, Saleh Elbuaishi, who reiterated his country’s commitment to the development of Mozambique.

November 20, 2024 22:33 UTC

Earlier, COAS Gen Syed Asim Munir visited the International Defence Exhibition and Seminar (IDEAS-2024) at the Karachi Expo Centre, according to the military’s media wing. A total of 557 exhibitors are participating in the exhibition of which 333 are international exhibitors while 224 are domestic exhibitors. At the exhibition, the COAS also engaged in meaningful interactions with foreign military officials and defense delegates attending the event. The Shahpar-III boasts advanced capabilities, including an operational ceiling of 35,000 feet and an endurance of over 24 hours. Earlier, upon his arrival at Karachi, COAS was warmly received by Lieutenant General Babar Iftikhar, Corps Commander Karachi.

November 20, 2024 19:59 UTC

Maximizing Your Investment: The ROI of Video AnalyticsQuantifying the return on video analytics investments can be tough, so we partnered with Omdia to gather vendor-agnostic insights from users across the industry. In this webinar, you can expect:How long it takes end-users to see ROIKey areas where users saw the biggest returnsTop challenges and objectives of your peersHow video analytics can solve key challengesAnd more! This session will provide valuable data whether you’re in security, IT, operations, or leadership. Duration: 1 hour

November 20, 2024 19:22 UTC





The American Chamber of Commerce in Libya (AmCham Libya) informed Libya Herald today that U.S. Economic Officers to Libya, David Morrison and Marina Galkina, visited Benghazi today where they held a meeting with the Benghazi Chamber of Commerce, Industry and Agriculture at its Benghazi headquarters. The Americans met Munim Al-Saiti, the acting Chairman of Benghazi Chamber, Ramadan Bu Batina, the International Relations Officer at Benghazi Chamber, in the presence of Ahmed Al-Ghazali, Vice President of AmCham Libya. Al-Saiti presented to the guests a brief overview of the work of the Benghazi Chamber of Commerce, its support for companies, and its relations with the AmCham Libya. American presence an indication of serious intentionsThe American Economic Attachés expressed their readiness to cooperate and open channels and noted that for a decade, specifically since 2012, no economic attachés have come to Libya. This, he added, reflects the AmCham’s interest and desire in opening channels for Libyan businessmen and Libyan companies and to bring American delegations to Benghazi to witness the security, safety and current economic renaissance in Benghazi.

November 20, 2024 18:52 UTC

It can be achieved by working together with our partners in Libya, with civil society, and with third states. And I think in particular, the excellent cooperation, the excellent meeting I had with the Attorney General of Libya yesterday really was encouraging. The team in this Libya situation has put forward a new mechanism, in fact, for engaging civil society organisations every quarter. And in fact, just last week, the inaugural session of the OTP Civil Society Structured Dialogue was held in The Hague. Now, it's right, the roadmap that we have detailed in the report has been received by some civil society organisations, by some partners, with trepidation, with some concern.

November 20, 2024 13:54 UTC

Ageela Saleh, Speaker of Libya’s eastern based parliament, the House of Representatives (HoR), passed a decree today (86/204) reducing the surcharge/levy on the official sale of foreign currency by banks from 20 to 15 percent. The decree, effective today, says that the tax can be reduced further if state revenues permit it – based on a request to do so from the CBL. Controversial FX sales taxIt will be recalled that this controversial FX sales tax caused much political angst back in March of this year when it was decreed by HoR Speaker Saleh – based on a request by the then CBL Governor Saddek El-Kaber in February. Saleh was accused of decreeing it unilaterally without the approval of the rest of the HoR. By October, the HoR in agreement with the High State Council and through UNSMIL mediation, abandoned the ousted El-Kaber and chose Naji Issa as the new Governor.

November 20, 2024 13:27 UTC

byICCMass graves containing hundreds of victims have been uncovered in Tarhuna, Libya. Dignified, steely determinationBriefing ambassadors on the Security Council from the Libyan capital Tripoli, ICC Prosecutor Karim Khan spoke of his meetings and interactions with families of the victims. Security Council referralWhile not a UN organization, the ICC has a cooperation agreement with the United Nations. When a situation is not within the Court’s jurisdiction, the Security Council can refer the situation to the ICC granting it jurisdiction. The situation in Libya was referred to the ICC Prosecutor by the Security Council in resolution 1970, adopted in February 2011.

November 20, 2024 12:15 UTC

The list of countries receiving Egyptian exports goes as follows in order from highest to lowest:Libya: $1.8 billion, representing 24.9 percent of Egypt's total exports to African countries. Sudan: $989 million, representing 13.4 percent of Egypt's total exports to African countries. Algeria: $859 million, representing 11.6 percent of Egypt's total exports to African countries. Morocco: $829 million, representing 11.2 percent of Egypt's total exports to African countries. South Africa: $101 million, representing 5.6 percent of Egypt's total imports from African countries.

November 20, 2024 11:15 UTC

Benin Republic broke its silence after the Cheetahs successfully departed Libya after securing the 2025 AFCON ticket. Benin FA hails players after AFCON featMeanwhile, the Benin Football Federation praised the players and coaching staff for their resilience under challenging conditions after the team departed Libya. The federation also thanked fans back home and assured them that the team was safe after leaving Libya. “Congratulations to our Cheetahs who have just qualified Benin for the CAN Morocco 2025. THANK YOU to all the Football Actors in Benin.”Benin captain condemns LibyaEarlier, Legit.ng reported that the captain of the Benin Republic team, Steve Mounié, has addressed his team’s unpleasant ordeal during their encounter with the Libyan national team.

November 20, 2024 10:57 UTC

DAR ES SALAAM, Tanzania (AP) — Borussia Dortmund star Serhou Guirassy will miss the Africa Cup of Nations next year after Tanzania upset Guinea 1-0 to qualify at the visitors’ expense on Tuesday. Botswana and Mozambique grabbed the last qualification places to complete the lineup for the 24-team tournament in Morocco. Botswana ended its 12-year wait for its second Africa Cup appearance with a 1-1 draw against already-qualified Egypt. It lifted Tanzania into second place — one point ahead of Guinea — to qualify as runner-up behind group winner Congo. Comoros, Zambia, Mali, and Zimbabwe secured their qualification Friday, while Nigeria, Tunisia, South Africa, Uganda, Equatorial Guinea and Gabon clinched their spots on Thursday.

November 19, 2024 23:28 UTC

His Office is also expanding its collaboration with national authorities to pursue accountability for crimes against migrants in Libya. Several delegates, including Ecuador's representative, underscored the need to provide the Office of the Prosecutor with sufficient financial support. Still, other delegations voiced scepticism about the Court's work on Libya, with the Russian Federation's delegate also taking aim at the Prosecutor himself. The Libyan judiciary is committed to guaranteeing a fair and honest trial to all suspects regardless of how long it takes. The crimes committed are not subject to the statute of limitations according to the Libyan penal code.

November 19, 2024 22:14 UTC

Steve Mounie fights for the ball with Faisal Saleh during the CAF Africa Cup of Nations qualification match between Benin and Libya. Benin captain speaks on LibyaSpeaking in an interview as captured by media outlet, Joueurs Béninois, Mounie, torn between immense joy and deep frustration, shared his thoughts:"It wasn't easy. This Libyan team, this country, and its supporters disrespected us from the very start of the match. However, the aftermath of the qualification clash took a sour turn as Benin coach Gernot Rohr was punched by a Libyan police officer. Libya blames NigeriaLegit.ng in another report detailed that the Libyan team has blamed Nigeria for their failure to qualify for the AFCON tournament.

November 19, 2024 16:30 UTC

The Central Bank of Libya (CBL) announced today that its state National Switch operator, Moamalat Financial Services Company, will be reducing commissions imposed on the use of bank cards at points of sale (POS) to 1 and 1.5 percent from 3.75 percent. The announcement came after CBL Governor Naji Issa met today with officials of Moamalat Financial Services Company, in the presence of the directors of the concerned departments of the CBL, where they discussed the POS commission reduction. Possible further POS commission reduction? The CBL said these steps come within the framework of its plan to further develop electronic services. Tadawul and Moamalat services to be used interchangeably by customersIt will be recalled that only yesterday the CBL finally allowed the private sector Tadawul Tech, one of Libya’s largest electronic payment providers, to interface its e-payment acceptance network with the state National Switch, Moamalat Financial Services Company.

November 19, 2024 16:15 UTC