The President of the Libyan Presidential Council (PC), Mohamed al-Menfi, met Saturday with the President of China, Chen Jinping, on the sidelines of the first Arab-Chinese summit, held in Saudi Arabia. The two parties reviewed during the meeting the return of Chinese companies to work in Libya and to contribute to development, said PC President’s Media Office. The Chinese president linked the resumption of Chinese companies’ work to the achievement of stability and security in Libya, according to the Office. Al-Menfi also stressed that “achieving stability and security requires the support of the friendly state of China, to move forward in achieving the electoral process, ending the transitional stages, and achieving comprehensive national reconciliation.”

The AR2 is set to empower the smart glasses sector with an innovative, standalone, and sleek processing platform to deliver the next generation of smart glass devices. XR Today: Qualcomm recently debuted its Snapdragon AR devices platform. We also wanted to unlock that capability in AR smart glasses and spent some time thinking about achieving such goals. The platform contains multiple processing chips and we think it will empower both enterprise and consumer AR smart glasses with form factors capable of achieving mass adoption. Final Thoughts on the Future of XR, AR DevicesVogelsang added he was enthusiastic about the momentum across the XR industry and community.

In another twist, the estranged sister of Iranian Supreme Leader Ayatollah Ali Khamenei has written an open…Libya has officially lifted force majeure on oil and gas exploration, hoping to lure international oil companies back to E&P activities. Politics, Geopolitics & ConflictLibya has officially lifted force majeure on oil and gas exploration, hoping to lure international oil companies back to E&P activities. Turkey is going to be an energy hub that is not dependent on Russian oil and gas alone. RegulationsLos Angeles has approved a ban on oil and gas drilling in the city limits–the final step in the efforts to outright ban oil and gas drilling. Residents have had health concerns with oil and gas operations in the city for years.

LONDON, Dec 8 (Reuters) - A former JPMorgan investment manager and an ex-Julius Baer banker were found guilty in a London court on Thursday of defrauding a Libyan sovereign wealth fund out of millions of dollars by paying hidden fees to their own offshore companies. Both had pleaded not guilty. Ohmura, ex-global head of structured investments at Julius Baer company Global Asset Management, was in court and was also convicted of the same charge over the same period. Judge Tony Baumgartner granted Ohmura unconditional bail ahead of sentencing on Feb. 10, 2023. Reporting by Sam Tobin, Editing by Kylie MacLellan and Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

TRIPOLI, Libya, December 8, 2022/ — The European Union’s (https://bit.ly/3uCHRgC) EU4PSL project in support of private sector development in Libya presented its results in Tripoli. “Today, we celebrate the conclusion of the European program to support the private sector in Libya, and we all know that Libya has progressed towards economic development through its private sector. In Libya, the private sector needs new skills, instruments and opportunities to turn ideas into successful business ventures. “The EU will continue its support to Libya’s private sector also in the future.”“EU4PSL, is for us a flagship project that shows the relevance of supporting the development of the private sector in Libya. After the successful completion of the EU4PSL (2019-2022) and its preceding project, SLEISDE (2016 -2020), the European Union will continue to support private sector and economic development in Libya through the E-NABLE (https://E-NABLE.ly) project (2022-2025), implemented by Expertise France.

Africa Intelligence uses cookies to provide reliable and secure features, measure and analyse website traffic and provide support to the website users. Apart from those essential for the proper operation of the website, you can choose which cookies you accept to have stored on your device. Either “Accept and close” to agree to all cookies or go to “Manage cookies” to review your options. You can change these settings at any time by going to our Cookie management page.

President Joe Biden on Thursday traded Viktor Bout, the notorious international arms dealer known as the "Merchant of Death," to Russia for U.S. basketball player Brittney Griner, who was arrested at a Moscow airport earlier this year with cannabis oil in her luggage. Bout allegedly delivered surface-to-air missiles to Kenya for an attack on an Israeli airliner in 2002. And four years later, Bout reportedly met with Islamic terrorist organization Hezbollah prior to the Lebanon war. A U.S. jury sentenced Bout to 25 years in prison in Manhattan in 2011. Russia did not agree to include Whelan in the deal, according to the New York Times, leaving Biden to agree to a "one-for-one swap."

The Justice Ministry of the Government of National Unity, led by Abdul Hamid Dbeibeh, has requested that the Foreign Ministry removes infamous human trafficker Abdel Rahman Milad, known as Bija, from international sanctions list, leaked document shows. Milad is suspected of being part of a criminal network operating in Zawiyah in north-west Libya. In June 2018, the U.N. Security Council imposed sanctions on him and five other alleged leaders of criminal networks engaged in trafficking migrants and others from Libya. He was arrested in October 202o, but was freed in April 2021 after the military attorney general of Tripoli dropped charges against him “for lack of evidence”. He remains on the U.N. sanctions listIn October of this year, the Tripoli-based government honored Milad as he received a “letter of recognition and appreciation” directly from Fathallah Al-Zinni, who currently serves as minister of youth in Dbeibeh’s cabinet.

Health Minister of the Government of National Unity (GNU) Ali Al-Zanati resigned on Thursday. Al-Zanati announced his resignation via a recorded video, in which he cited the end of the government’s legal mandate, as per UN peace plan, as the reason for his decision. “It is difficult for me to continue as health minister in the Government of National Unity, whose mandate was expired according to the Geneva political agreement and the decision of the legislative authority,” Al-Zanati said in the video with the picture of Khalifa Haftar, the General Commander of the Libyan National Army (LNA), appearing behind him. Al-Zanati’s resignation comes just two days after GNU’s Prime Minister Abdul Hamid Dbeibeh reinstated him to his post in the wake of court ruling that cleared him from financial misconduct charges. The decision to reinstate Al-Zanati was announced by Dbeibeh’s own media office, which reported that the two met last Tuesday with the premier urging the former minister to work “seriously and sincerely in order to organize the health sector, which needs exceptional efforts”.

TodayPartly cloudy. Winds NNE at 5 to 10 mph. TonightClear to partly cloudy. TomorrowA mix of clouds and sun in the morning followed by cloudy skies during the afternoon. Winds NE at 10 to 15 mph.

Some of the world’s top institutions featured across the XR medical, defence, education, and entertainment sectors debuted and highlighted their latest immersive solutions. She educates medical schools and universities around the world about her institution’s immersive application, which runs on Microsoft’s HoloLens platform. HoloLens for XR Medical EducationFarrow stated that her medical school, one of the top 25 institutions in the United States, put plans to build a new facility in 2014. The university also found that medical students learned twice as fast, allowing them to have extra time to incorporate different modalities, such as living anatomy and radiology. Explaining, she stated,“I think the XR world is going to really engage not only in education and at medical schools, but across high schools as well.

In a statement issued Thursday, the CAPMAS said Egypt exports to Arab countries rose by $620 million to reach $8.8 billion in the first nine months of 2022, compared to $8.2 billion in the same period in 2021, with an increase rate of 7.6 percent. The list of top Arab importers from Egypt also included Morocco, Jordan, Algeria, Iraq, Kuwait and Lebanon, recording imports worth $628.2 million, $554.5 million, $546.8 million, $379 million, 346.9 million and 335.3 million, respectively, the CAPMAS added. Egypt imports from Arab countries rose 27.9 percent, to reach $13.1 billion in the first nine months of 2022, compared to $10.3 billion in the same period in 2021, it said. The list of top Arab exporters to Egypt included Saudi Arabia, Kuwait, the UAE, Oman, Bahrain, Sudan, Jordan, Lebanon, Algeria and Libya with exports worth $6.4 billion, $2.4 billion, $2.2 billion, $625.7 million, $423.4 million, $364.3 million, $184.5 million, $161.4 million, $101.3 million and $80.5 million, respectively, it added. According to CAMPAS, Arab investments in Egypt spiked 163.8%, to hit $8.2 billion in FY 2021/2022 compared to $3.1 billion in FY 2020/2021.

Member of the Libyan Political Dialogue Forum, Ahmed Al-Sharkasi, said that the solution to the Libyan crisis is based on four pillars, including changing the government and sovereign positions. “The solution in Libya is based on four main pillars: first: a constitutional base for presidential and parliamentary elections. And second, “changing the executive authority with a respectable one to lead the country to elections,” al-Sharkasi said in a tweet. He concluded by explaining that the third pillar of the solution is “changing sovereign positions,” and fourth: drawing up “a national pact that includes consent, participation, and acceptance of the political process, elections, and their results.”

The Presidential Council announced that it will participate in the constitutional track negotiations, and launch an initiative to overcome the political crisis between the House of Representatives and the State Council. “The Presidency Council’s initiative aims to overcome the political impasse and achieve national consensus, in line with the provisions of the road map issued by the Libyan Political Dialogue Forum governing the stage and based on the moral responsibility of the Presidency Council,” said a statement issued by the Presidency Council. The statement added, “The Presidential Council announces an initiative to solve the crisis that will be launched through a consultative meeting between the three councils, in coordination with the Special Envoy of the UN Secretary-General, for preparing for a constitutional dialogue as a priority to end the transitional stages, in which the initiatives, ideas and visions put forward by the national parties and forces to the Presidency Council will be included.”

Africa Intelligence uses cookies to provide reliable and secure features, measure and analyse website traffic and provide support to the website users. Apart from those essential for the proper operation of the website, you can choose which cookies you accept to have stored on your device. Either “Accept and close” to agree to all cookies or go to “Manage cookies” to review your options. You can change these settings at any time by going to our Cookie management page.