The UK will investigate any allegations of corruption in the Libyan oil sector. Kawczynski asked Rutley ‘‘what assessment his Department has made of the implications for its policies of levels of corruption in Libya’s (a) oil industry and (b) national oil bodies. On 2 May David Rutley answered: ‘‘The National Oil Corporation (NOC) is an important institution in Libya with a vital role to play. The UK is therefore supportive of any efforts to investigate corruption and impropriety in the NOC and advocates greater transparency on revenue expenditure. The UK is clear that it will investigate any relevant allegations of corruption falling under the Bribery Act 2010.

However, it was deserted on Sunday with Misrata forces deployed on the airport road and no sign of Zintani fighters. The Misrata forces have rejected the new House of Representatives, where liberals and lawmakers campaigning for a federalist system have made a strong showing. The parliament has declared Operation Dawn as well as militant Islamists like the Ansar al-Sharia as "terrorist groups". Haftar launched a campaign against Islamists in the eastern city of Benghazi in May and threw his weight behind the Zintan fighters. Misrata forces have blamed the air strikes on Egypt and the United Arab Emirates, two countries which have cracked down on Islamists.

Storm Daniel has devastated the lives of tens of thousands of innocent people in the Eastern region of Libya. The hospitals are desperately short of medical supplies! Temporary shelter is needed to re-home tens of thousands of people who saw their homes, and entire lives, wiped out in minutes; and now have no where to go! From launching the JustGiving page to delivering 6 ambulances full of medical supplies into Ukraine was less than 2 weeks! As well as mobile communications, we are also going to support with urgent medical supplies.

Carla Bruni-Sarkozy, the wife of former French President Nicolas Sarkozy, has been questioned as a suspect in a witness-tampering case against her husband, according to local media reports Thursday. The 56-year-old supermodel was questioned as a witness in the case last year but is now considered a suspect, according to Le Monde. The witness tampering case is linked to allegations that her husband accepted money from Muammar Gaddafi, the late Libyan autocrat, to help finance an election campaign. Michèle Marchand—an influential figure in the French media dubbed the “paparazzi queen”—was charged with witness tampering in 2021. According to Le Monde, an investigation found that Bruni-Sarkozy deleted all messages she’d exchanged with Marchand on the day that Marchand was charged.

The world is transfixed by headlines warning of escalating tensions between Iran and Israel, sparking fears of a potential catalyst for World War III. Yet, amidst these concerns lies a fundamental truth: World War III is not a distant spectre, but a grim reality unfolding before our very eyes. The future we choose depends on our actions – will we dismantle the structures that perpetuate conflict or succumb to the flames of a diffused World War III? This lack of transparency is a hallmark of World War III. The future we choose depends on our actions – will we dismantle the structures that perpetuate conflict or succumb to the flames of a diffused World War III?

The project aims to develop 2.7 trillion cubic feet of gas reserves in the NC-7 block of the Ghadames basin. Development of the field was included in the 2024 annual budget of LD90bn ($18.5bn), excluding an item for development projects, which the Benghazi-based government of Osama Hamad unanimously approved. On 15 December 2023, the Tripoli-based Ministry of Oil & Gas issued a statement condemning the terms of the planned gas development contract between Libya’s state-owned National Oil Corporation (NOC) and the consortium led by Eni. In the statement, the Ministry of Oil & Gas described the deal as a “violation of Libyan legislation on oil contracts”. Bengdara also confirmed plans to launch an oil and gas licensing round at the end of 2024 or early 2025.

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The General Electricity Company of Libya (GECOL) announced yesterday that Korea’s Hyundai had resumed work on the Tripoli West 1,400 MW Steam Power Station project. At a ceremony yesterday, GECOL’s Chairman, Mohamed Al-Mashay, inaugurated the resumption of work on the project, in the presence of the Minister Counsellor of the Embassy of the Republic of South Korea, the Tripoli West Steam Station Project Manager of the Korean Hyundai Company, the directors of the company’s general departments, and several of those concerned in the field of energy. Will contribute to stability of electrical networkGECOL noted that the addition of this project will make a notable contribution to the stability of the electrical network throughout the country upon completion of its implementation. The power plant consists of 4 units with a total production capacity of 1,400 megawatts that will enter the network ‘‘as soon as it is ready’’, it added. Strategic projects aim to attain sustainable rotating generation reserveFor his part, the Chairman of the Company’s Board of Directors stressed his keenness to increase the reliability of the components of the public electrical network by increasing new generating units as part of a package of strategic projects that aim to reach a rotating reserve that exceeds demand, and thus sustains the electrical supply to citizens.

The Minister of the Interior said this today, Matteo Piantedosi, at the opening of the meeting held at the Interior Ministry with his counterparts Brahim Merad (Algeria), Imad Trabelsi (Libya), Kamel Fekih (Tunisia). Also present at the meeting was the Deputy Minister of Foreign Affairs, Edmund Cirielli, responsible for Italian development cooperation strategies. At the opening of the meeting, the head of the Interior Ministry thanked the ministers for "the excellent and continuous collaboration already in place", reports a note from the Ministry of the Interior. “When migrants arrive on the North African coast ready to embark – continued Minister Piantedosi – we have all already compromised our ability to prevent irregular flows of migrants. The meeting also aims "to unify visions and adopt a global approach to combat the phenomenon of illegal migration".

Libya’s first Quality of Food Industry & it’s Pests Management Expo opened Tuesday in Tripoli. The event is sponsored by the Misrata Chamber of Commerce, Industry and Agriculture,In his opening speech, Fathi Al-Amin Al-Turki, Misrata Chamber Chairman, praised these types of exhibitions and their importance, which reflects on the food industry in Libya. The two-day exhibition extends over two days, during which many accompanying activities will be held, including workshops, seminars, and the presentation of several research papers.

The Central Bank of Libya (CBL) announced the beginning of "Article IV" consultations for 2024 with the International Monetary Fund (IMF), on Wednesday morning, at the IMF's headquarters in Washington D.C. The CBL said on its Facebook page that consultations with the IMF would continue for ten days to evaluate the general economic and financial situation and the policies and measures taken in Libya in 2023. The CBL explained that these consultations would be joined by specialized technical teams representing the ministries of Finance, Economy and Trade, Planning, Labor and Rehabilitation, and the teams of the Audit Bureau and the National Oil Corporation. The Central Bank indicated that the "Article IV" consultations with the IMF come after the success of last year, and following the consultative meetings of Governor Al-Siddiq Al-Kabir and his accompanying team with the IMF team, which took place on the sidelines of the annual meetings of the IMF and the World Bank in mid-April.

The consortium visited the huge single pivot (circles) irrigated Jardinah Agricultural Project. The consortium were led by Ahmed Al-Ghazali, Vice President of the American Chamber of Commerce in Libya (AmCham). The four American companiesThe four American companies are: Valley Valmont for Center and longitudinal and Advanced Irrigation Systems; New Holland for agricultural tractors, harvesters and agricultural equipment of all types and sizes; FarmTech Company, which designed and implemented a large group of agricultural projects in Libya, including the Jardinah-Benghazi project; and FGM which specializes in project management. 9,000 hectares irrigated projectThe Jardinah agricultural project is one of the major Libyan agricultural projects with an irrigated area of the project is 9000 hectares. This makes the project of great importance and one of the best options to contribute to strengthening the principle of food security in Libya, achieving economic growth and contributing to social stability.

Libya’s Tika Construction Chemicals, a growing enterprise founded in Benghazi, has quickly established itself as a key player in the construction chemicals market. Since launching operations in 2023 with its first production line of tile adhesives, the company has made significant strides in both local and international markets. These tile adhesives are engineered for securing ceramic and porcelain tiles, suitable for both indoor and outdoor applications. ExpansionExpanding its footprint, Tika has opened distribution outlets across Libya in cities including Tripoli, Benghazi, Misrata, Beida, Derna, and Tobruk. Achieving European Quality Mark and ISO-9001In recognition of its uncompromising quality standards, Tika Construction Chemicals has earned the prestigious European Quality Mark (CE Stamp) after rigorous testing at ApplusLabs in Spain.

The ‘‘Made in Algeria 3’’ exhibition will be held from 3 to 6 June at the Tripoli International Fairgrounds. The local organisers report that the event will include ‘‘the participation of a group of the most prominent Algerian companies specialized in various fields’’ enabling visitors to the event ‘‘to learn about their products and services’’. They added that visitors ‘‘will learn about Algerian products that are witnessing a strong development in the path of industry and trade’’, with the event offering Libyan counterparts ‘‘a bridge for communication and commercial (for those) looking for an effective partnership’’. 55 Algerian entities at Tripoli’s second ‘‘Made in Algeria’’ exhibition (libyaherald.com)RELATED POSTS No Content AvailableMade in Algeria expo to be held in Tripoli 28 to 31 May at Tripoli Sports City (libyaherald.com)Algeria and Libya’s strategic ‘‘gateway’’ location and sub-Saharan Africa’s huge potential heralds great potential for transit trade (libyaherald.com)More meetings on reopening the Ghadames-Debdeb Libyan Algerian border crossing (libyaherald.com)Algerian business delegation Tripoli visit in mid-July, maritime line, readiness to open Ghadames land border – discussed with Algerian ambassador (libyaherald.com)Algeria’s Sonelgaz delegation arrives in Tripoli to progress electricity cooperation agreement (libyaherald.com)Algeria to reopen its border with Libya as part of its diversification plans – by becoming hub for sub-Saharan transit trade | (libyaherald.com)Customs Authority preparing to reopen Libyan-Algerian Ghadames-Debdeb border crossing | (libyaherald.com)Libya and Algeria agree to resume flights, reopen land borders and launch maritime lines | (libyaherald.com)Libyan Economy Minister participates in Algerian Libyan Economic Forum 29-31 May | (libyaherald.com)Libya and Algeria discuss increased economic cooperation and 29 May Algerian-Libyan Economic Form | (libyaherald.com)Algeria to accelerate reopening of its borders with Libya | (libyaherald.com)High level Algerian delegation visits Tripoli | (libyaherald.com)GECOL signs wide cooperation agreement with Algeria’s Sonelgaz | (libyaherald.com)Algerian Sonelgaz electricity engineers arrive in Libya to help in generator maintenance | (libyaherald.com)Algeria’s Sonelgaz discusses electricity exports with GECOL | (libyaherald.com)Re-opening of Libya-Algeria Ghadames-Debdeb boder crossing could increase Algerian exports to Libya to US$ 20 billion (libyaherald.com)Libya and Algeria to activate existing health agreements (libyaherald.com)Libyan General Union of Chambers signs MoU with Algerian counterpart (libyaherald.com)Libya desires to strengthen and develop relations with Algeria in various fields and at all levels: PM Aldabaiba (libyaherald.com)

The Tripoli based Minister of Economy and Trade, Mohamed Al-Hwej, issued a Ministerial decision yesterday approving the regulations for granting guarantees to the credit fund. The fund works to guarantee a proportion of the risks facing financial institutions operating in Libya, such as banks, to finance economically viable projects. It is hoped that the decision, reducing the exposure of banks to business loan risks, will encourage banks to take more risk in giving out loans to businesses and help motor the private sector Libyan economy. The decision coincides with Libya signing an MoU yesterday with the Islamic Development Bank Group (IsDB) to establish the National Fund for Economic Empowerment. Libya signs MoU with Islamic Development Bank to establish the National Fund for Economic Empowerment (libyaherald.com)