The first official meeting for coordination between Libya’s Privatization and Investment Board (PIB) and the Cyprus Investment Promotion Agency was held in Nicosia, Cyprus last Monday. The meeting was held at the Libyan embassy in Nicosia in the presence of the Ambassador of Libya in Cyprus. It included representatives of Libya’s General Authority for Exhibitions, the (Benghazi) Elmreisa Free Zone (EFZ), and the Cyprus Chamber of Commerce. Libyan-Cypriot Investment Forum to be held OctoberThe mechanism for organizing the Libyan-Cypriot Investment Forum in October of this year was discussed with the participation of business owners and investors to present investment opportunities. During the meeting, an invitation was extended to the Cyprus Investment Promotion Agency to visit the PIB in Libya.

ISLAMABAD: Defense Minister Khawaja Asif on Thursday refused to tender apology over his recent remarks against the Pakistan Tehreek-e-Insaf (PTI) women lawmakers. Yesterday, Kh Asif during speech in the house had called PTI women senators ‘garbage’ and ‘remains’ of PTI in the senate. During his address to the National Assembly, PTI women senators demanded an apology from Khawaja Asif regarding his comments. Earlier, Defence Minister Khawaja Asif’s remarks about Pakistan Tehreek-e-Insaf (PTI) women lawmakers created a furor in the National Assembly. The federal minister referred to PTI women senators as ‘garbage’ and ‘remains’ of PTI in the senate.

Mohamed Al-Menfi, chairman of Libya’s Presidential Council, has arrived in St. Petersburg to participate in the Russia-Africa summit starting today and tomorrow, Russia’S state-owned news agency TAAS reports. Upon his arrival to the summit’s venue, Al-Menfi was welcomed by Russian President Vladimir Putin. The goal of the event is to “promote efforts to strengthen comprehensive and equal cooperation between Russia and African nations across all areas of society including politics, security, economic relations, science and technology, and the cultural and humanitarian spheres,” according to declaration made on the summit’s website. The first Russia-Africa Summit was held on 23–24 October 2019 in Sochi, Russia, co-hosted by Russian President Vladimir Putin and Egyptian President Abdel Fattah el-Sisi. 43 heads of state or government were in attendance.

PESHAWAR: Hours after the Peshawar High Court (PHC) instructed authorities to immediately release him, PTI leader Ali Mohammad Khan was on Thursday set free from Mardan jail after nearly 80 days of incarceration. Confirming his release, Ali Mohammad’s lawyer Shehryar Khattak told media that the PTI leader had departed for his village in Khyber Pakhtunkhwa’s Hathian. According to his lawyer, the former MNA was arrested eight times and kept behind bars for 80 days. However, immediately after the court granted his release, Ali Mohammad was re-arrested under 3-MPO (Maintenance of Public Order) for one week on the orders of the Mardan deputy commissioner. Earlier today, the PHC directed authorities to immediately release Ali Mohammad after his lawyer approached the court for bail.

Almost 800 irregular migrants drowned off Tunisia in the first half of this year as they tried to reach Europe by boat, a National Guard spokesman told AFP Thursday. “789 bodies of migrants were recovered from the sea, including 102 Tunisians, the others foreigners and unidentified people,” said Houcem Eddine Jebabli, adding that more than 34,000 were rescued. The North African country has become a major gateway for irregular migrants and asylum-seekers attempting the perilous sea voyage in often rickety boats in the hope of a better life in Europe. The distance between Tunisia, near its second city of Sfax, and the Italian island of Lampedusa is about 130 kilometres (80 miles), and the sea voyages pick up in the summer months. Between January 1 and June 20, a total of 34,290 migrants were intercepted and rescued, sharply up from 9,217 over the same period of last year, Jebabli said.

RAS JEDIR, LIBYA: African migrants pleaded to be saved from a desert zone between Libya and Tunisia, weeks after Tunisian authorities allegedly dumped dozens of them there with nothing. We are dying by the minute,” a Nigerian who wanted to be identified only by his first name, George, told. “Come and rescue us from this place.”On Tuesday Libya’s interior ministry said the bodies of five African migrants had been found near Tunisia’s border. The group of about 140 migrants from sub-Saharan Africa are the latest to be taken to Tunisia’s borderlands with Libya or Algeria, according to border guards, migrants and NGO workers who reported previous cases. Around the same time, Libyan border guards also said they rescued dozens of migrants left in the desert by Tunisian authorities without water and food.

Tripoli – Libya’s oil production showed signs of further recovery, according to figures released by the National Oil Corporation (NOC) on Thursday. The NOC stated that the North African nation’s crude output reached 1.208 million barrels per day over the past 24 hours. Additionally, condensate production hit 49,000 bpd during the same period. The NOC continues to stress its political neutrality, stating that Libya’s oil belongs to all Libyans. However, its efforts to revive production have been impacted by funding shortfalls and divided governance.

“There is a vision of expansion for transit shipments that go to Africa. “There’s a revolution happening in industries,” he told OBG. “We have some sectors that have not produced anything locally, so I think the opportunity to invest inside the country is really high.”Issa gave the example of Aljaied, which is already operating several food manufacturing production lines at a huge industrial complex under development, enabling it to serve both the local market and export to key African countries.He described the renewables segment as another area of the economy with huge growth potential, pointing out that Enarah Group, a local solar energy company, was already developing this important field, which could be key in addressing domestic electricity shortages and providing power to neighbouring countries.On a separate topic, Issa cited technology as leading the way in terms of potential for international investors, giving fintech as one example of a segment ripe for growth. “The demand from the market is for technology,” he told OBG. “I’m delighted that through this insightful interview, we’re able to highlight Libya’s potential and the welcoming reception that investors can look forward to receiving in this important North African market.”

CAIRO - 27 July 2023: Trade exchange between Egypt and African countries grew by 14.4 percent on an annual basis during 2022, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Thursday. The trade volume between Egypt and African countries reached $8.6 billion in 2022, compared to $7.5 billion in 2021. This growth in trade exchange between Egypt and Africa was supported by an increase in Egyptian exports, which grew by 14 percent during 2022, reaching $6.3 billion. On the other hand, Egypt's imports from African countries rose to $2.3 billion during 2022, with an annual growth of 15.4 percent. The Congo topped the list of African Union countries exporting to Egypt in 2022, with Egypt's imports from the Congo valued at $524 million, followed by Sudan with $504 million, then Zambia with about $314 million, Kenya with about $308 million, and South Africa with $133 million.

Hundreds of African migrants expelled from Tunisia have been stranded in the border area, facing dire conditions and lacking food, water and shelter. Most hail from sub-Saharan nations and were expelled following clashes in the Tunisian town of Sfax between migrants and locals after the death of a Tunisian youth. “We cannot accept that Tunisia becomes a country of transit or settlement for sub-Saharan African migrants,” said Tunisian Interior Minister Kamel Al-Fakih in remarks to parliament on Wednesday. Rights organizations have condemned reported abuses of the migrants by Tunisian security personnel. The escalating crisis highlights the profound challenges North African countries face with migration flows from sub-Saharan Africa.

TRIPOLI (Reuters) - The United Nations Libya mission warned on Thursday against "unilateral initiatives" to address the country's political stalemate after two legislative bodies proposed creating a new interim government as a precursor to elections. "Unilateral actions, like similar attempts seen in the past, could inflict serious negative consequences for Libya and trigger further instability and violence," the U.N. mission said in a statement noting the legislative bodies' proposals. An effort by the HoR to appoint a new government last year led to a day of heavy fighting in Tripoli. The bodies have instead announced a separate roadmap that would involve replacing Dbeibah's government before any move towards the national elections that would replace them. (Reporting by Reuters Libya newsroom; Editing by Angus McDowall and Toby Chopra)

Worse still, most of such interests are competing with each other at the expense of the country. READ: Migrants in border region of Libya and TunisiaIn pursuing their national interests, each country has its own agenda prioritised to its own best interests, regardless of the impact such policy might have on Libya. This pattern continues even today, where foreign intelligence services still operate in Libya almost freely. They believe their own interests are better protected so long as they are loyal to foreigners, but not to Libya. It is the very unfortunate fate of a country that had been hypersensitive to foreign interference just a decade ago.

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We are dying by the minute," a Nigerian who wanted to be identified only by his first name, George, told AFP. On Tuesday Libya's interior ministry said the bodies of five African migrants had been found near Tunisia's border. The group of about 140 migrants from sub-Saharan Africa are the latest to be taken to Tunisia's borderlands with Libya or Algeria, according to border guards, migrants and NGO workers who reported previous cases. At its closest point, near Sfax, Tunisia is only about 130 kilometres from the Italian island of Lampedusa. Around the same time, Libyan border guards also said they rescued dozens of migrants left in the desert by Tunisian authorities without water and food.

The head of Libya’s Supreme Judicial Council, Counselor Miftah al-Gwey, has requested the Attorney General open an investigation into the storming of the Council’s headquarters in Tripoli earlier today. Al-Gwey made the call during a Council meeting he chaired in Tripoli Wednesday evening, according to a video statement published on the Council’s Facebook page. In the video statement, al-Gwey said the Council “registers the strongest words of condemnation, denunciation and indignation” over the incident and asks the Attorney General to take the necessary investigative measures. The law includes amendments appointing the head of the Supreme Judicial Council. The council president reiterated his call for the Attorney General to investigate the raid and bring the perpetrators to justice.