‎The Libya Africa Investment Portfolio (LAIP) announced today that its Ola Energy petrol stations subsidiary, one of its largest subsidiaries, inaugurated on Thursday, 6 May, two new fuel stations in Tunisia. The petrol stations are located on the Sfax motorway inthe Aqrab area at the 252 km point. LAIP revealed that each of the petrol stations was built on an area of more than 20,000 square meters to provide all the necessary services for road users.‎‎The opening of the two Aqrab stations, LAIP said, is part of Ola Energy’s plan to expand its services, with four additional stations in Tunisia under construction.‎It will be recalled that LAIP had rebranded its ”Oil Libya” petrol stations to ”Ola Energy” petrol stations. It said its Ola Energy subsidiary is ‘‘Africa’s leading energy retailer’’. LAIP’s OLA Energy achieves ‘‘record profits’’ (libyaherald.com)LAIP’s Prime Atlantic Hotel in Banjul, Gambia reopened after completion of initial renovation (libyaherald.com)Libyan-Turkish-American agreement to build bitumen factory in Libya (libyaherald.com)

Akakus Oil Operations Company announced today that, since September 2023, it has drilled 10 vertical and horizontal wells using the latest technologies such as Performance Drilling as well as Geosphere. This has reduced the drilling period by 20%, it explained. During this period, Akakus added, maintenance work was also carried out on 18 wells, drilled wells were completed, catching, stimulation and other maintenance work was conducted. The production capacity of these wells reached about 24,921 barrels per day.‎This activity, Akakus said, comes as part of the National Oil Corporation’s (NOC) plan to increase oil production. Separately, the NOC chairman reiterated today that he plans to increase oil production from the current 1.2 million bpd to 2 million bpd by the end of 2025.

‎Bahrain’s Al Salam Bank is to provide Islamic banking consultancy and training to Libya’s Sahara bank; it was revealed yesterday. The revelation came after Sahara Bank’s Acting Director General received, on Monday 3 June, at Sahara bank’s Tripoli headquarters representatives of the ‎Al Salam Bank. ‎During the meeting, the two sides discussed ways of cooperation between the banks in light of the transformation of Sahara Bank to an Islamic bank (announced on 8 January 2024). The meeting discussed cooperation plans that will be implemented soon, which aim to provide consultations in the field of Islamic banking and provide training programmes for the Sahara bank’s employees in this field.‎They also discussed the agreements to be signed between the two banks, and the two sides agreed to adopt Al Salam Bank ‎as a direct correspondent bank for Sahara Bank in Bahrain‎. Sahara bank converts itself into an Islamic bank (libyaherald.com)Sahara Bank Accounts Manager detained for embezzlement, pending trial (libyaherald.com)Six Sahary Bank officials jailed for defrauding the bank of LD 1.5 million (libyaherald.com)Libyan Islamic Bank introduces country’s first e-instalment sale service (libyaherald.com)Libyan Islamic Bank and Dokkan sign e-payment agreement (libyaherald.com)Wahda bank offers Islamic banking loans for building materials, home furniture and cars (libyaherald.com)Hay Andalus Municipality and Jumhouria bank discuss Islamic loans for domestic solar systems | (libyaherald.com)North Africa bank offers Islamic Murabaha loan for household goods | (libyaherald.com)Jumhouria bank offers Murabaha Islamic banking loans for Hyundai cars | (libyaherald.com)Libya’s Jumhouria bank offers cars for sale on Islamic ‘‘Murabaha’’ basis | (libyaherald.com)CBL east’s Islamic banking conference postponed to 6-7 November | (libyaherald.com)CBL eastern branch organizing Islamic banking conference | (libyaherald.com)Jumhouria bank offers Murabaha Islamic banking loans for Hyundai cars | (libyaherald.com)CBL workshop with World Bank on introduction of Islamic banking into Libya | (libyaherald.com)CBL Islamic banking conference postponed to 29-30 March | (libyaherald.com)PPPs work well with Islamic banking – Adrian Creed of Clyde & Co. | (libyaherald.com)CBL Islamic banking conference 1-2 March | (libyaherald.com)CBL holds Islamic banking meeting with local bank heads | (libyaherald.com)The Central Bank and Islamic banking plans | (libyaherald.com)Employees want Islamic banking | (libyaherald.com)Islamic banking workshop at Central Bank | (libyaherald.com)

From its new strongholds on the Libyan coast, Russian Kalibr cruise missiles could hit almost any target in Western Europe. May was Russia’s bloodiest month in its 28-month war against Ukraine — 38,940 soldiers dead or seriously wounded. In Eastern Libya, the local leader, General Khalifa Haftar, reportedly profits from sending boatloads of African migrants north. Wagner, the Russian mercenary group, has largely been replaced by Russian soldiers answering to Russia’s Defense Ministry. Last month, on a visit to eastern Libya, Russia’s foreign minister, Sergey Lavrov, said Russia plans to open a consulate in Benghazi.

Rescue charity recovers 11 bodies from sea off LibyaA charity rescue ship recovered the bodies of 11 migrants off the coast of Libya on Friday after saving more than 160 people from boats close to the North African country, the Doctors Without Borders (MSF) group said. However, they also plucked the bodies of 11 people who were seen by a spotter plane floating in the sea. The Sea Watch group, whose plane saw the bodies, said they tried to contact Libya‘s coast guard to go and retrieve the dead, but received no reply. Italy has urged Tunisia and Libya to do more to stop would-be migrants from putting to sea. It has also clamped down on the operations of rescue ships, saying they encourage people to head to Europe – a charge the charities deny.

ROME: The bodies of 11 people, believed to be migrants, were retrieved off the Libyan coast on Friday, the Doctors Without Borders (MSF) NGO said on X. “Sadly, after a search operation that lasted over nine hours, GeoBarents team retrieved the bodies of 11 people who unfortunately lost their lives,” MSF said. MSF had been alerted to the corpses by German NGO Sea-Watch, which said earlier on Friday it had spotted the 11 bodies in the water. “During today’s flight with our Seabird, the crew spotted 11 bodies,” said Sea-Watch, which also rescues migrants in the Mediterranean. “It is unclear whether the bodies discovered off the Libyan coast were victims of a previously unknown shipwreck.”While out searching for the bodies, MSF sighted a boat and rescued the 20 people aboard, it said.

ROME: A charity rescue ship recovered the bodies of 11 migrants off the coast of Libya on Friday after saving more than 160 people from boats close to the North African country, the Doctors Without Borders (MSF) group said. However, they also plucked the bodies of 11 people who were seen by a spotter plane floating in the sea. The Sea Watch group, whose plane saw the bodies, said they tried to contact Libya’s coast guard to go and retrieve the dead, but received no reply. Italy has urged Tunisia and Libya to do more to stop would-be migrants from putting to sea. It has also clamped down on the operations of rescue ships, saying they encourage people to head to Europe – a charge the charities deny.

April 27, 2014 - Gadhafi appears via video link from a courtroom in the Libyan city of Zintan to his trial in a court in Tripoli. The militiamen who captured Gadhafi in Zintan in 2011 refuse to hand him over to the central government, citing security concerns. Gadhafi and dozens of former senior regime officials face charges in Tripoli of attempting to suppress the 2011 uprising, including the killing of protesters, a crime punishable by death.

Libya moved top of Group D with a 2-1 home win over Mauritius, with all the goals coming in the first half in Benghazi. Faisal Al Badri converted a penalty for Libya but they were pegged back when Kevin Bru equalised. Ahmed Ekrawa scored the winner for the hosts five minutes before the break. Malawi picked up a second win in three games as they eased to a 3-1 victory over Sao Tome and Principe in Lilongwe, while Benin beat Rwanda 1-0 in neutral Abidjan. Congo’s fixture with Niger was not played after local media reported the former had failed to arrive in neutral Kinshasa for what was their home game.

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The state infrastructure implementing agency, the Housing and Infrastructure Board (HIB), met today with the British company Metito. The company is contracted to implement 16 drinking water purification and treatment plants in the Wadi Al-Shati area in the south of Libya. The meeting also discussed the sewage treatment plant in Sebha. ‎The two parties discussed the activation of the project, the completion of the project, and the difficulties and obstacles facing the project.‎

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This marks the third flight arriving in Managua from the same origin in less than a month. Third Flight in Less Than a MonthThis is the third flight to arrive in Nicaragua in less than a month. Regarding the flights from Libya, he mentioned, “Libya was the point of departure this time, as Morocco was before, etc. They take advantage of Daniel Ortega’s dictatorship policy of not requiring visas for citizens from countries seeking to enter the United States illegally through its southern border. Ortega’s dictatorship, which considers the United States its enemy, is actively promoting the exacerbation of this crisis.

BARCELONA, Spain (AP) — Spain will ask a United Nations court for permission to join South Africa’s case accusing Israel of genocide in Gaza, its foreign minister announced Thursday. Spain is the first European country to take the step after South Africa filed its case with the International Court of Justice late last year. It alleged that Israel was breaching the genocide convention in its military assault that has laid waste to large swaths of Gaza. Once admitted to the case, Spain would be able to make written submissions and speak at public hearings. Slovenia, a European Union member along with Spain and Ireland, followed suit and recognized the Palestinian state this week.

A growing number of experts say the most realistic and effective way of teaching children about social media is a slow, deliberate onboarding, rather than an outright ban or allowing free reign