Maltese companies and banks ready to resume work with Libya
Maltese companies wish to return to resume their activities in Libya to participate in various projects, and banks in Malta are ready to deal with Libyan banks. The sentiment was reported by the Central Bank of Libya (CBL) and reportedly expressed by Charles C. Saliba, Malta’s Ambassador to Libya, during Saliba’s meeting with CBL Governor Saddek El-Kaber last Thursday at the latter’s Tripoli headquarters. The meeting also touched on the latest developments in the process of unifying the CBL.
Source:Libya Today
January 29, 2024 00:18 UTC
Japan sees recovery in the local security situation in Libya – resulting in reopening its embassy in Tripoli
Japan sees “some recovery in the local security situation in Libya,” Yoko Kamikawa, Minister of Foreign Affairs of Japan said during the visit of Vice President of the Libyan Presidential Council Abdalla Al-Lafi to Tokyo last week. During the visit, the two agreed to work to strengthen Japanese-Libyan relations, including economic cooperation. Kamikawa expressed Japan’s support for stability in Libya. It will be recalled that on 16 January, the Japanese Embassy in Libya announced the reopening of its office in Tripoli. In the short term, the embassy will return to work with a limited number of personnel and activities.
Source:Libya Today
January 28, 2024 20:21 UTC
CBL Governor emphasises support for NOC’s agreed increased productivity plans and on transparency and disclosure
Central Bank of Libya (CBL) Governor, Saddek El-Kaber, met in his Tripoli headquarters today with National Oil Corporation (NOC) chairman, Farhat Bengdara. GECOL’s increased fuel subsidies in terms of the subsidised fuel that GECOL receives is a function of the success in generating more electricity. But solving Libya’s previous power generation deficit has created a huge fuel subsidies bill. This would expose the true value of fuel subsidies and awaken the Libyan public to the real cost of fuel subsidies – and failure to pay their electricity bills. This is the reference to ”the (CBL’s) support for the National Oil Corporation to raise oil and gas production according to the plans drawn up by the Corporation.
Source:Libya Today
January 28, 2024 20:11 UTC
Egyptian, Saudi FMs urge ceasefire in Gaza, ending siege of Palestinians
CAIRO – 28 January 2024: Minister of Foreign Affairs Sameh Shokry received Sunday his Saudi counterpart Faisal Bin Farhan at Al Tahrir Palace to discuss regional and international developments, especially in Gaza Strip. The two ministers held later a joint press conference where Minister Shokry underscored the salience of an immediate ceasefire, lifting the siege of Gaza Strip, and halting the collective punishment practices and forced displacement of Palestinians. Regarding Houthi attacks on vessels in Bab Al Mandab Strait, the Egyptian minister said that the root cause was the Gaza War. On another front, Minister Shokry stated that Ethiopia did not abide by what had been agreed upon regarding the Grand Ethiopian Renaissance Dam (GERD), urging the need for a legally binding agreement on the dam's filling and operation. He added that the current dispute had also been discussed with his Saudi counterpart.
Source:Libya Today
January 28, 2024 14:44 UTC
Libya’s Red Crescent recovers body off Sabratah shore
The Libyan Red Crescent announced today that it recovered a dead body on the seashore of Sabratah, located 70 km west of Tripoli. The Red Crescent said locals reported the body’s location, and the Libyan NGO coordinated with the police in Sabratha to retrieve the body and transfer it to the hospital to complete the legal procedures.
Source:Libya Today
January 28, 2024 12:40 UTC
Ghana’s striker Jonathan Sowah joins Libya’s Al Nasr Benghazi
Ghana’s Medeama striker, Jonathan Sowah, previously associated with Yanga in the last transfer window, has joined Al Nasr SC Benghazi in the Libyan Premier League on a three-year contract. Sowah, who impressed many football fanatics during the group stage matches of the CAF Champions League this season, caught the attention of Yanga, particularly with his performance against them, including a penalty goal. Despite being associated with the Tanzanian champions, Jonathan Sowah has now sealed a lucrative deal with Al Nasr SC Benghazi after successful negotiations between the two teams, ruling out any possibility of joining Yanga even at the end of the season. The 25-year-old forward, known for his prolific goal-scoring record, has netted 19 goals in 35 matches since the previous season, including seven goals in 15 Ghana Premier League matches this season. Sowah made his competitive debut for the Black Stars during the World Cup 2026 qualifiers against Comoros, ending in a 1-0 defeat.
Source:Libya Today
January 28, 2024 10:29 UTC
![[WATCH] Clint Azzopardi Flores: Mission to resist](https://content.maltatoday.com.mt/ui_frontend/thumbnail/684/400/jjb06047.jpg)
[WATCH] Clint Azzopardi Flores: Mission to resist
“The European Commission wants to put its finger in every pie,” he tells me. Azzopardi Flores argues the Commission also imposed taxes under the guise of environmental rules with reference to the emissions trading scheme. The European Commission has no remit imposing certain things it dreams of in the morning and decides to push for. And I will resist the European Commission. The problem I see is that the European Commission wants to put its finger in every pie.
Source:Libya Today
January 28, 2024 07:45 UTC
Migration Through Libya: A 12-Month Forecast
In December 2023, Libyan authorities issued a call for European support to help them address the nearly 700,000 migrants in Libya. Libya is in the middle of an economic downturn in which residents struggle to access salaries and buy imported goods. The complexity of immigration management will necessitate sustained support for Libyan authorities. Key Judgement-1: Libyan authorities will likely pursue international collaboration and deportation to curb migration in the next 12 months. Key Judgement-3: It is likely that Libyan authorities will seek more support from European institutions to manage migration in the next 6 months.
Source:Libya Today
January 28, 2024 07:03 UTC
Jonathan Sowah ditches Yanga for Libya's Al Nasr Benghazi
Jonathan Sowah ditches Yanga for Libya's Al Nasr BenghaziSHAREGhana's Medeama striker, Jonathan Sowah, previously associated with Yanga in the last transfer window, has joined Al Nasr SC Benghazi in the Libyan Premier League on a three-year contract. Sowah, who impressed many football fanatics during the group stage matches of the CAF Champions League this season, caught the attention of Yanga, particularly with his performance against them, including a penalty goal. Despite being associated with the Tanzanian champions, Jonathan Sowah has now sealed a lucrative deal with Al Nasr SC Benghazi after successful negotiations between the two teams, ruling out any possibility of joining Yanga even at the end of the season. The 25-year-old forward, known for his prolific goal-scoring record, has netted 19 goals in 35 matches since the previous season, including seven goals in 15 Ghana Premier League matches this season. Sowah made his competitive debut for the Black Stars during the World Cup 2026 qualifiers against Comoros, ending in a 1-0 defeat.
Source:Libya Today
January 28, 2024 05:59 UTC
U.S. continues its support for Libya’s civil aviation sector and airport security with US$ 4.5 million training grant
The U.S. is to continue its support for Libya’s civil aviation sector and airport security with US$ 4.5 million training grant. The news was revealed yesterday after a meeting of the Libyan Ministry of Transport steering committee assigned to follow up on the work of the U.S. training company, Culmen International, was held last Thursday, 25 January. During the meeting, in which the Airports Authority participated, it was agreed that the American Embassy would continue its support for the Ministry of Transport by assigning Culmen International to implement specialized training programmes in aviation and airport security through the centre that was established in Libya. It was also agreed that the U.S. would allocate US$ 4.5 million to train employees of Sebha Airport, as it is the main airport in southern Libya. Tweeting on the meeting, the U.S. Embassy said ‘‘The goal is to build Libya’s connections internally and with the rest of the world.
Source:Libya Today
January 27, 2024 19:42 UTC
This state is quickly becoming America's clean energy paradise. Here's how it's happening.
Hawaii pledged to be “Coal free by ’23,” and state law mandates 100% clean energy in just 21 years. The Kapolei Energy Storage facility is tucked away in eight acres of industrial land about 20 miles west of Honolulu. These kinds of grid-scale energy storage systems are becoming increasingly common in the U.S., and are critical to shifting to ever-higher percentages of wind and solar power. But what makes the state stand out is solar power – especially where it comes from. The Kapolei Energy Storage facility can do both, providing what's known as "synthetic inertia."
Source:Libya Today
January 27, 2024 11:37 UTC
Libya’s Sharara Back Online As ‘Suspended’ Protests Highlight Renewed Instability
The 270,000 b/d-capacity Sharara fields in Libya’s far southwest resumed production on 21 January with NOC announcing the lifting of force majeure the same day. The announcement came nearly three weeks after southern protesters with social and political demands forced a full shutdown of Sharara from 3 January, halting supplies of light sweet Sharara crude to the Zawiya terminal and refinery of the same name west of Tripoli (MEES, 5 January). (CONTINUED - 859 WORDS)
Source:Libya Today
January 27, 2024 08:03 UTC
CBL meeting on Tripoli government spending controls for 2024 – report and analysis
A meeting was held yesterday, in the office of the Governor of the Central Bank of Libya (CBL), to follow up on government spending for the year 2024. Analysis and commentIn reality, this ‘‘spending high summit’’ is about who decides how much the Tripoli government spends. It is an ongoing tug-of-war between the Aldabaiba government and the CBL Governor. The CBL Governor wants Aldabaiba to enforce subsidy reforms, increase oil production, increase other tax revenues, and rationalise spending. El-Kaber, Aldabaiba and Menfi have it all to lose.
Source:Libya Today
January 27, 2024 07:11 UTC
Libya Needs More Than Elections to End Its Democratic Odyssey
The elections occurred amid escalating tensions right after the Gadhafi regime's fall but before the war to oust Gadhafi had fully ended. That fueled more political discord that eventually erupted in civil war. Instead of being a cornerstone for political continuity and legitimacy, the 2012 elections were a setback for Libya's democratic transition. The House of Representatives elections saw only 18 percent voter turnout, against a backdrop of fear and civil strife. Their ongoing clashes are rooted in disputes and grievances formed during this crucial period between the 2012 and 2014 elections.
Source:Libya Today
January 27, 2024 03:15 UTC
Libya Eyes Oil Comeback Despite Political Divide
Under the dictatorship of Colonel Ghaddafi, Libya’s oil industry experienced highs and lows as relations between Libya and the West regularly shifted. Libya’s oil output rose from 1.47 million bpd in 2000 to nearly 1.8 million bpd in 2010, a trend that was expected to continue. While Oun acknowledged the significant challenges facing the country’s oil industry, he is optimistic about its potential. But Libya will need substantially higher levels of foreign investment to get its oil industry back on track. Libya is highly optimistic about the future of its oil industry, with huge potential to explore untapped reserves and increase output.
Source:Libya Today
January 27, 2024 00:02 UTC