The Central Bank of Libya (CBL) announced the launch of LYPAY, planned to be the leading interbank instant payment service, it said.‎The service allows instant money transfers between individuals and purchases from merchants via a QR Code. LYPay is free of charge without any commissions until the end of 2024. The CBL has set the daily transfer limit at 500 dinars, and the daily purchase limit is 1,500 dinars, as a trial period to ensure the safety and effectiveness of the service. The service is available during the first week to 10,000 individual subscribers, while merchants will be able to join the service without a limit. The service is available in four banks: Jumhouriya Bank, Unity Bank, National Commercial Bank, and North Africa Bank.

Libya’s internationally recognized government has accused its rival government in the east of “political blackmail” following protests that have led to operational curbs at the country’s largest oil field, Sharara. The statement claimed the output reduction at the field was extortion but did not elaborate on the claim. Libya’s oil production has hovered around 1.2 million barrels daily over the past couple of years, after slumping to just 100,000 bpd in the wake of the regime change in the country. Before that, Libya was producing 1.8 million barrels daily. Earlier this year, the head of the National Oil Corporation said that there were plans to boost the total to 1.5 million barrels daily by 2025 and expand it further to 2 million bpd in 2027.

Tripoli, Aug 5 2024-The Libyan Foreign Ministry condemned a deadly attack launched by the al-Shabab extremist group on a beachside hotel in Somalia’s capital. “The Ministry of Foreign Affairs and International Cooperation expresses the strong condemnation and denunciation of the State of Libya to the terrorist attack that targeted a hotel in the Somali capital, Mogadishu, which killed and injured dozens,” it said in a statement on Sunday. The ministry also said that these acts are against humanity, reports Xinhua news agency. At least 35 people were killed and 126 others were injured in a suicide bombing and gun attack on a beachside hotel in Mogadishu on Friday night. The al-Shabab extremist group claimed responsibility for the attack on their official radio.

Palestinian armed group Hamas’s political leader Ismail Haniyeh was killed in Tehran on Wednesday in an attack blamed on Israel, which has not directly commented on it. The killing came hours after an Israeli strike on Beirut killed the military chief of Lebanon’s Hezbollah movement, Fuad Shuk. As the region braced for further escalation, Hezbollah and Israel kept up their near-daily exchanges of fire. Tehran has said it expects Hezbollah to hit deeper inside Israel and no longer be confined to military targets. Far from the Lebanese border, the Israeli military said around 15 rockets had crossed from the southern Gaza Strip into Israel on Monday, with medics reporting one injury.

Ninety-five Libyan nationals charged with contravening South Africa’s Immigration Act are expected to return to the White River Magistrates Court in Mpumalanga today. The accused allegedly lied during their visa applications, claiming they were coming to South Africa for security training. They were found engaged in military training at a farm outside White River near Masoyi over a week ago. The state is going to oppose bail.”Military training camp | 95 Libyan nationals to appear in courtThe 95 Libyan nationals in court. The men are facing charges of the Contravention of the immigration #SABCNews pic.twitter.com/H49WmZNjFB — Tumelo Machogo 🇿🇦® (@IamTumelo) July 29, 2024

Oil rose from a seven-month low as tensions in the Middle East intensified ahead of an anticipated strike on Israel by Iran. Brent climbed above $77 a barrel after closing at its lowest since Jan. 10 on Friday, while West Texas Intermediate traded near $74. Israel is preparing for a possible attack from Iran and regional militias in retaliation for assassinations of Hezbollah and Hamas officials. Crude is now almost flat for this year, after gaining on OPEC+ supply cuts and concerns the conflict in the Middle East could impact production from the region. Production from Libya’s Sharara field was reduced by at least 50,000 barrels a day from Saturday night.

‎Leader a the Fezzan Movement, Bashir Al-Sheikh, confirmed that Saddam Khalifa Haftar was the one who ordered the closure of Sharara oil field in response to an arrest attempt in Italy based on an arrest warrant issued by the Spanish Attorney General. In a video recording, Al-Sheikh denied being linked to closing Sharara oil field, stressing that Saddam Haftar issued immediate instructions by phone to close the field. Al-Sheikh rejected the accusation against the movement of closing the field, stressing that it had nothing to do with the closure. Al-Sheikh said that the closure of Sharara field, which is operated by the Spanish company Repsol, did not encounter any confrontation from any of those who are speaking words with no actions, adding that those who are talking now cannot reopen Sharara oil field without speaking to Saddam Haftar. Al-Sheikh explained that when the Fezzan Movement closed oil in the past, it was for the rights of the people, but those who are closing the oil now are doing so for their personal interests.

Libya floods: Experts warned about Derna dams for nearly 40 years, state prosecutor saysExperts warned about the structural integrity of the Derna dams for almost 40 years, a Libyan state prosecutor said, as the search continues for bodies after last week's devastating floods. Concerns were first raised in 1986 after the dams - built by a Yugoslavian construction company in the 1970s - suffered major damage after a severe storm. A study commissioned by the Libyan government a decade later revealed their structures contained cracks and fissures, according to the country's general prosecutor, Al-Sediq Al-Sour. In 2007, the Turkish firm Arsel Construction Company was contracted to maintain the two dams and to build a third. Many foreign companies fled Libya after the NATO-backed uprising and civil war in 2011 in which long-serving ruler Muammar Gaddafi was toppled.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 0:00Read this for freeSouth Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire. Next on City PressTongaat Hullet takeover deal steams ahead despite new spanner in the works

The visit, at the invitation of Egyptian Foreign Minister Bedr Abdulati, will focus on preparations for the upcoming High-Level Strategic Cooperation Council meeting, set to be co-chaired by the Presidents of both countries. This visit marks Fidan’s first official meeting with Abdulati, who was appointed Egypt’s Foreign Minister in July. One of the primary objectives of the visit is to lay the groundwork for the High-Level Strategic Cooperation Council meeting, which President Recep Tayyip Erdoğan and Egyptian President Abdulfattah el-Sisi will lead. The upcoming Council meeting is expected to result in the signing of nearly 20 agreements, enhancing cooperation in energy, healthcare, tourism and defense sectors. The upcoming Council meeting is expected to further solidify this relationship, focusing on long-term cooperation.

Libya’s internationally recognized government alleged “political blackmail” as production began to be cut at the OPEC nation’s largest oil field. Production at Sharara has dropped by at least 50,000 barrels a day to 210,000 since employees received orders to trim the southern field’s output on Saturday night, according to people familiar with the matter. They asked not to be identified as they aren’t authorized to speak to the media.

A cooperation agreement was signed in Tripoli yesterday between the Tripoli based Ministry of Economy and Trade and Expertise France to launch the EU4Skills project. The project is supported by the EU in Libya ‎and co-financed by the French government. ‎Project aimsProject implementors Expertise France say the project is an important step towards enhancing skills, employability and achieving sustainable economic development. It aims to bridge the gap between education outputs and the labour market, integrate digital technology into economic activities, support the transition towards a green and blue economy. It also aims to improve the performance of banking and financial institutions to facilitate access to finance for small and medium enterprises.‎‎The agreement was signed by Minister of Economy and Trade, Mohamed Al-Hwej, and the representative of Experts France in Libya and Tunisia, Stefan Orville, in the presence of the Ambassador of the European Union to Libya, Nicola Orlando, the Ambassador of France to Libya, Mostafa Mihraje, the representative of the International Cooperation Department at the Ministry of Foreign Affairs and International Cooperation, Mohamed Sweid, the Undersecretary of the Ministry of Higher Education and Scientific Research, Dr. Saleh Al-Ghoul, the Director of the Institute of Banking and Financial Studies, Dr. Fathi Aqoub, and several representatives of the concerned institutions in addition to directors of departments at the Ministry of Economy.‎‎On the sidelines of the meeting, a contract was signed under which the European Union Mission in Libya appointed Expertise France as implementors of the project.

But in the 1970s and 1980s, when Giorgia Meloni was growing up here, it was both firmly working class and highly radicalised. Credit: Getty Images, digitally tinted For Meloni, though, the radical left held little attraction. Giorgia Meloni in July: “I owe everything to my mother.” Credit: Getty Images, digitally altered Where did Giorgia Meloni come from? Female ministers and undersecretaries of Silvio Berlusconi’s government in 2011, with youth minister Giorgia Meloni third from the right. Credit: Getty Images, digitally tintedAdvertisementHow did Meloni become prime minister?

Dubai [UAE], August 3 (ANI/WAM): UAE President Sheikh Mohamed bin Zayed Al Nahyan conveyed during a phone call his deepest condolences and sympathies to Abdul Hamid Dbeibeh, Prime Minister of Libya’s Government of National Unity, over the death of his son, Abdulrahman. His Highness expressed his heartfelt condolences to the family of the deceased, praying to God Almighty to grant him mercy, forgiveness, and acceptance and to bestow patience and solace upon his family. In response, Prime Minister Abdul Hamid Dbeibeh expressed his appreciation for the sincere sentiment shown by His Highness towards the deceased and his family in their time of grief.

The Director General of the National Center for Examinations, Ahmed Masoud, has stated that the center is completing the results of the certificate of completion of secondary education, first round, reviewing school exam scores. Masoud added that the announcement day of the result will be next Thursday, according to the center’s statement on its Facebook page.