Author Archive | editor2

Why Libya's 'Ignored War' will come to Haunt a Blinkered West

By Tarek Megerisi, policy fellow at the European Council on Foreign Relations (ECFR). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. Why the 'ignored war' in Libya will come to haunt a blinkered west The most recent ally of Khalifa Haftar, the general who has […]

Libyan Oil Revenues Collapse

The National Oil Corporation (NOC) has reported February 2020 revenues of approximately USD 555 million ($555,533,750.97), a decrease of around $1.21 billion USD (68.6%) on January 2020 revenues. The February figure is also a decrease of around $708 million (56%) compared with February last year. NOC's revenues come from sales of natural gas, crude oil […]

UK Court Decides on LIA Chairmanship Case

By John Lee. The English Commercial Court  has reportedly ruled that Dr Mahmoud is the rightful Chairman of the Libyan Investment Authority (LIA). Several contenders had claimed the position, including Abdulmajid Breish. More here. (Source: Casemine)

US Commits $6m to Libya for COVID-19 Response

By John Lee. The US will provide $6 million in additional humanitarian assistance to Libya in response to the COVID-19 pandemic, the US Embassy to Libya has announced. In a statement, the Embassy said: "These funds will help health officials to prevent the spread of the disease and to respond to those in need who've […]

EU's Operation IRINI to enforce Libya Arms Embargo

EU launches Operation IRINI to enforce Libya arms embargo The European Union is stepping up its efforts to enforce the UN arms embargo on Libya, thereby contributing to the peace process in the country, through the launch of a new CSDP (Common Security and Defence Policy) military operation in the Mediterranean. The Council today [Tuesday] adopted a […]

EU Declaration on the Situation in Libya

Declaration by the High Representative Joseph Borrell, on behalf of the European Union, on the situation in Libya The European Union and its Member States regret that the fighting has increased in Libya despite the international calls for a humanitarian truce to help contain the Coronavirus pandemic in the country. The challenging circumstances created by […]

Weekly Security Report from Whispering Bell

Advertising Feature Whispering Bell produces a 7-10 page report that covers the past week of political, security, and economic events that occurred within Libya, comprehensive data/risk collection, maps for country-wide security events, and includes forward-looking analysis on the political and security situation over the coming weeks. Please click here to download an edited version of […]

HRW: Detainees at Risk of Coronavirus Spread

As Libyan authorities confirmed three COVID-19 cases in the country as of March 28, 2020, they need to be prepared to limit the spread of the virus in overcrowded detention facilities and shelters for displaced people, Human Rights Watch (HRW) has said. Libya's health care system, along with other public services, has been battered by […]