Presidency Council Head commits to transparency, disclosure, oversight – cutting off system of bribery, brokerage, and unregulated spending
Menfi was attempting to address Libyans’ concern and puzzlement as to why an oil exporting country is in economic disarray. It is a difficult and dangerous path because when corruption spreads, it develops protectors, networks, and beneficiaries. However, remaining silent about it is even more dangerous because it steals people’s livelihoods and their children’s future. – Corruption today not only steals public funds but also steals trust. We will cut off the system of bribery, brokerage, and unregulated spending.
Source:Libya Today
January 31, 2026 11:21 UTC
Tomorrow.. Launching the First Summit for Libya’s Children on Climate in Tripoli
طرابلس – The first Libyan Children’s Climate Summit will begin tomorrow, Saturday, in Tripoli. Its slogan is “Today’s Children, Makers of a Better Tomorrow for Libya.” The summit aims to raise environmental and climate awareness among children. It also addresses climate change and its impact on Libya’s present and future. It seeks to actively involve children in climate issues. Building a better environmental future for Libya begins with children’s awareness today.
Source:Libya Today
January 31, 2026 11:01 UTC
British Ambassador Martin Reynolds Conducts Official Visit to Sirte to Review Strategic Development Progress
Sirte – In a significant move to strengthen international relations and cooperation, the British Ambassador to Libya, Mr. Martin Reynolds, conducted an official visit to the city of Sirte today alongside a high-level delegation. Upon their arrival, the Ambassador was warmly received by the Director General of the National Development Agency, Dr. Mahmoud Elforjani, the Mayor of Sirte, Mr. Mukhtar Al-Maadani, and the President of Sirte University, Dr. Suleiman Al-Shater. During the diplomatic mission, the Ambassador and his accompanying delegation were given an extensive tour of several key developmental projects currently being spearheaded by the National Development Agency. These initiatives, which operate under the auspices of the General Command of the Libyan Arab Armed Forces, are central pillars of the “Libya 2030” vision. Ambassador Reynolds expressed his profound admiration for the rapid urban transformation and the comprehensive service-sector renaissance currently unfolding across the city.
Source:Libya Today
January 31, 2026 11:01 UTC
Chevron chief says company in discussions with Iraq and Libya
Chevron is talking to the governments of Iraq and Libya about exploration opportunities in the two Opec member nations, chief executive Mike Wirth said on Friday. Mr Wirth said discussions range from existing producing fields, exploration opportunities and improvements in fiscal terms. Chevron recently signed a memorandum of understanding with Libya's National Oil Corporation to explore development opportunities in the country. He added that the Houston-based company needs to see compelling opportunities for value in Iraq and Libya if Chevron were to invest. Chevron reported fourth-quarter earnings per share of $1.52, beating the LSEG consensus estimate of $1.45 per share.
Source:Libya Today
January 31, 2026 04:54 UTC
Al-Baour discusses humanitarian situation with UN official
The Acting Minister of Foreign Affairs and International Cooperation, Taher Al-Baour, held talks on Wednesday with the Deputy Special Representative of the United Nations Support Mission in Libya and UN Resident Coordinator, Ingeborg Ulrika, on the latest developments in the humanitarian situation in the country. According to the government’s official platform, the meeting focused on mechanisms for cooperation in the humanitarian and development sectors to enhance responses to urgent needs and support development efforts. Separately, the Ministry of Justice of the Government of National Unity announced that Minister of Justice Halima Ibrahim had submitted Libya’s overdue periodic reports to the Human Rights Program to Prime Minister Abdul Hamid Dbeibah, after delays exceeding twenty years for some of the reports.
Source:Libya Observer
January 30, 2026 19:53 UTC
Tripoli hosts first research group meeting of the Euro-Maghreb Center
Tripoli hosted the first meeting of the Research Group of the Euro-Maghreb Center for Strategic Research and Studies at the headquarters of the Libyan Higher Academy for Strategic Studies, in the implementation of the research activities under the (5+5 Defense) Initiative action plan, titled “Artificial Intelligence and Its Impact on the 5+5 Defense Space: Threats and New Prospects.”The meeting was attended by the Secretary-General of the General Staff of the Libyan Army, the President of the Libyan Higher Academy for Strategic Studies, the Director of the National Defense College, the Director of the Libya Center for Strategic Studies and Research, along with representatives of the Ministry of Defense. Participants also included the Secretary-General of the Euro-Maghreb Center and representatives of the (5+5 Defense) Initiative member states: France, Italy, Spain, Portugal, Malta, Tunisia, Algeria, Morocco, Mauritania, and Libya.
Source:Libya Observer
January 30, 2026 19:53 UTC
Turkish Minister of Defense discusses with Zoubi in Ankara prospects for enhancing cooperation in defense fields
The Libya Update FollowStay ahead of the curve with The #Libya Update - your go-to source for news and insights on Libyan politics, business, culture, and more.
Source:Libya Today
January 30, 2026 19:25 UTC
Hungary’s MOL Signs Broad Energy Cooperation Pact With Libya’s NOC
Hungary’s MOL Group has signed a new strategic partnership with Libya’s National Oil Corporation (NOC), marking a fresh step in the company’s push to expand its international upstream footprint and diversify crude supply sources. The agreement establishes a framework for cooperation across hydrocarbons exploration and production, technological innovation, oilfield services, and crude trading. Under the MoU, MOL and NOC will exchange technical and commercial information and jointly evaluate potential projects in Libya, including upstream exploration opportunities and field-development technologies. The agreement also covers crude supply and trading cooperation, an increasingly strategic priority for European energy companies seeking diversification amid geopolitical uncertainty. Hernádi emphasized that Libya’s oil and gas sector remains a critical pillar of global energy supply, while highlighting the broader strategic implications for Europe.
Source:Libya Today
January 30, 2026 16:19 UTC
Wahda bank to introduce ‘‘Edei’’ – the first palm-scan payment service in Libya
Wahda Bank announced yesterday that it will be introducing soon “Edei”, the first palm-scan payment service in Libya. It said this comes as part of its pursuit of supporting digital transformation and providing advanced electronic payment solutions. The bank explained that customers need only and simply hover their hand over the payment device to complete their transactions securely and quickly, without any additional tools. It stressed that customers would need no card, phone, service numbers, verification codes, apps, or an internet service. Therefore, this raises the question of: if Wahda bank is to operate within the existing law, which biometric database will it be using for its customers?
Source:Libya Today
January 30, 2026 15:55 UTC
MOL Group enters strategic partnership with Libya's National Oil Corporation - Chemical Engineering
MOL Group (Budapest, Hungary; www.molgroup.info) has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC; Tripoli, Libya; www.noclibya.com.ly). The memorandum of understanding was signed in Budapest by MOL Group Chairman and CEO Zsolt Hernádi and Masoud Suleman, Chairman of the National Oil Corporation (NOC). The strategic partnership agreement sets out the framework for NOC and MOL to exchange information and jointly explore potential areas of cooperation. I am sure that this new agreement will act as a catalyst for further expanding our international portfolio, creating clear mutual value for both companies and reinforcing the resilience of our region. Consequently, it has recently signed cooperation agreements with the national oil company of Kazakhstan (KazMunayGas), the national oil company of Azerbaijan (SOCAR), and the national oil company of Türkiye (Turkish Petroleum).
Source:Libya Today
January 30, 2026 15:40 UTC
Behind the screens: Social media’s mental health toll on teenage girls
The digital playground is no longer just fun and games; it’s a high-stakes arena for mental health. Research by France’s National Health Agency (ANSES) also indicates that social media use significantly affects adolescents’ mental health, with girls being more vulnerable. Experts note that the length of time spent on platforms and the type of interactions directly affect mental health. Specific risks for adolescent girls and pressure on body imageResearch highlights specific risks that adolescent girls face on social media. The nature of social media use, the time spent, and the type of content exposure are crucial in shaping teens’ mental health.
Source:Libya Today
January 30, 2026 15:31 UTC
How Libya’s Power Brokers Keep the Oil Flowing
Publicly, the talks were about strengthening Libya’s “institutions” (Central Bank, the NOC, and budget oversight bodies). For Haftar’s camp, it means securing tolerated access to oil value outside that system, through crude-in-kind arrangements, parallel commercial channels, and Tripoli’s willingness to avoid enforcement when eastern networks divert or pressure flows. These arrangements are tolerated on both sides as long as they remain roughly balanced (“strengthening institutions). When Tripoli tightens access to FX, audits spending, or slows budget releases, the east applies pressure through oil production or export threats. When eastern networks expand off-books crude flows too far, Tripoli responds through legal action, payment freezes, or international exposure.
Source:Libya Today
January 30, 2026 14:32 UTC
Libyan Foreign Bank files for US$ 100 million lawsuit against Zimbabwean entities for a 2001 debt
Bloomberg reported last Wednesday (28 January) that the Libyan Foreign Bank (LFB), a subsidiary of the Central Bank of Libya, has filed a lawsuit against Zimbabwe’s Minister of Finance (a guarantor for the debt) and a Zimbabwean state-owned fuel distribution company, seeking repayment of debts exceeding US$ 100 million. The report states that the lawsuit was filed last November in a British court. The LFB asserts that Zimbabwe has failed to meet its financial obligations under the credit facility. Furthermore, the Bloomberg report says documents indicate that the Zimbabwean state-owned fuel distribution company only repaid US$ 5.5 million in four instalments between 2013 and 2023. The outstanding debt, including interest, now exceeds US$ 100 million.
Source:Libya Today
January 30, 2026 09:58 UTC
Libya stumble in preparations as failure to secure friendly raises fresh concerns
Libya’s preparations for the 2027 Africa Cup of Nations qualifiers have suffered an early setback after the national team failed to secure a single friendly match during the upcoming March international break. Despite repeated efforts by the Libyan Football Federation, no opponent has been confirmed, leaving the technical staff without a crucial opportunity to assess the squad ahead of competitive action. The national team, sources say, continues to bear the brunt of these shortcomings. The “Mediterranean Knights” missed out on qualification for the 2025 Africa Cup of Nations, the upcoming World Cup, and the Arab Cup hosted in Doha. Libya have not reached the continental finals since 2012, and fans are desperate to see the national team end a long and painful absence from Africa’s biggest football stage.
Source:Libya Today
January 30, 2026 09:49 UTC
For the first time in 15 years, Libya receives international approval to import dollars in cash
The Central Bank of Libya (CBL) announced that it has received international approval to import US$ 600 million monthly in cash, for the first time in 15 years. Citizens can withdraw this amount in cash through exchange companies and offices. The statement added that licensed foreign exchange bureaux are now operational and ready to provide the dollars in cash. Dollar imports to Libya were halted in 2013 following a robbery at the CBL branch in Sirte attributed to Islamists / the Islamic State. As part of its reforms, the CBL is hoping these measures will bring down the price of the foreign exchange rate of the US dollar on Libya’s black-market.
Source:Libya Today
January 30, 2026 09:32 UTC