Tag Archives | Egypt

NOC meets with Egyptian General Petroleum Corporation (EGPC)

Mustafa Sanalla, Chairman if the National Oil Corporation (NOC), has met with Abed Ez Erijal Al Milahi, Chief Executive Officer of the Egyptian General Petroleum Corporation (EGPC), and Salah Ismail Hamed, Chairman of the Board and the seconded member  for Petrojet — a  company  affiliated with  EGPC — on Tuesday. Also present were Majdi Jibril […]

Joint statement from Arab League, African Union, UN

Joint statement from the League of Arab States, African Union and United Nations: 1. The League of Arab States, the African Union, and the United Nations held a consultative meeting at the headquarters of the League of Arab States on 21 January 2017 to discuss the situation in Libya in the context of the Troika […]

Is ‘Grand Political Bargain’ in Store for Libya?

By Jason Pack for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. In Libya’s ever-shifting sands, where conspiracy and disinformation overlay a reality shaped by fluid political alliances, erratic military maneuvers and a crumbling economy, it can be challenging to paint an accurate […]

Kerry Rules out Military Action in Libya

US Secretary of State John Kerry met with Italian Foreign Minister Paolo Gentiloni in Rome on Friday, to discuss, amongst other topics, the evolving situation in Libya. Kerry told a press briefing: “[We] are both deeply committed to 6 million Libyans who are – 6 million plus who are being held hostage by individual ambitions […]

Trump Victory to Boost Haftar?

By John Lee. A report from Reuters says that allies of eastern-based commander Khalifa Haftar have welcomed Donald Trump’s victory in the American election, “betting on more support for their anti-Islamist stance.” It suggests that the result could boost pro-Haftar factions with strong ties to Egypt and increasingly to Russia — which printed banknotes for Tobruk’s […]

Egypt eases visa restrictions for Libyans

Egypt has reportedly agreed to ease visa restrictions for Libyans entering the country. According to Libya Herald, the age range for which Libyan males require a visa has been reduced from between 15 and 60 years to 18-50 years. Visas will now be valid for six months rather than one month. Libyan women do not […]

Govt plans “Unity Army” to Halt Internal Conflicts

By Adam Nathan. The Government of National Accord (GNA) of Libya is planning to build a new ‘unity army’ to stem conflict between rival militias in the country. “Our strategy currently is to inform different military groups that we welcome anyone willing to join the new army but also making it clear they will have […]