Tag Archives | Qatar

For Turkey, Libyan Conflict and Eastern Med "Inextricably Linked"

By Ahmed Helal, for The Atlantic Council. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. For Turkey, the Libyan conflict and the eastern Mediterranean are inextricably linked On September 3, the United Nations warned that war-torn Libya is at a "decisive turning point," with […]

What Must Change for Libya to Prosper?

By Edward P. Joseph, for the Center for the National Interest. "They came, they didn't meet, they pronounced it a success.” This is the skeptical press line on the latest international bid to stabilize Libya—the Italian hosted “parley in Palermo” this month that was more fizzle than sizzle. After keeping the organizers in suspense, Libya’s […]

BCD parts company with Qatari Shareholder

By John Lee. The General Assembly of Benghazi's Bank of Commerce and Development (BCD) have voted to end its partnership with the Qatar National Bank (QNB). It said it will dispose of Qatari bank's shares "in accordance with the provisions of the agreement." A statement from the bank did not clarify how this will be […]

Bayda Govt cuts Diplomatic Ties with Qatar

By John Lee. Libya's eastern-based government has reportedly cut diplomatic ties with Qatar. According to Reuters , the Bayda government took the action after Saudi Arabia, Egypt, and the United Arab Emirates (UAE) severed ties with Qatar, accusing it of supporting terrorism, although Foreign Minister Mohamed Dayri gave no explanation for the move. Egypt and […]

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 […]

Rehabilitation Approved for Benghazi, Obari and Kikla

Stabilization Facility for Libya Approves Rehabilitation Packages for Benghazi, Obari and Kikla The UNDP Stabilization Facility for Libya Project Board met this morning in Tunis under the leadership of HE Dr. Taher Al-Jehaimi, Minister of Planning, and Mr. Ali Al-Za’tari, the Deputy SRSG and UNDP Resident Representative. The Board was attended by the Ambassadors or […]

International Community Reaffirms Support for GNA

Ministerial Meeting for Libya Joint Communique, Vienna 16 May 2016 We welcome the presence of Prime Minister al-Sarraj and commend his leadership in guiding Libya’s institutions through seating the government in Tripoli, a turning point in the Libyan political process. We express our strong support for the Libyan people in maintaining the unity of Libya. […]