Possible Reopening of Iraqi Embassy in Libya

By John Lee. Iraq's Foreign Minister, Fuad Hussein, has met with the Foreign Minister of Libya's Government of National Accord (GNA), Mohamed Taher Siala, on the sidelines a meeting of the League of Arab States in Cairo. Minister Hussein congratulated his Libyan counterpart on the occasion of announcing the results of the formation of the […]

Libyan Parties Agree on Unified National Budget

Libyan parties agree on a two-month unified National Budget and Work to Address the Banking Crisis This week, two important decisions were taken that will positively affect the economy and create momentum towards unifying the national financial institutions. On 3 February 2021, the Council of Ministers promulgated a two-month interim budget for 2021. This is […]

Video: Will Libyan Peace Attempt Succeed?

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. Libya's warring sides have agreed to form an interim government until elections in December. It's the result of a UN-mediated process to bring together two rival governments and resolve 10 years of war. […]

NOC looks fwd to Investment from UK Energy Firms

By John Lee. On 4th February the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, received the United Kingdom Ambassador to Libya, Nicholas Hopton, and his delegation at the NOC headquarters in Tripoli. According to a statement from the NOC, a number of topics were discussed, most notably the need to maintain the independence […]

New Career Opportunities in Libya

By John Lee. The following career opportunities in Libya have been recently advertised: Driver, WFP - World Food Programme Humanitarian Access & Security Manager, Humanity and Inclusion (HI) Operational Support and Capacity Building for CCMCE / Council Elections, Transtec Country Security Manager, International Medical Corps (IMC) (Source: UN)

LPDF produces New Interim Govt for Libya

By John Lee. The Libyan Political Dialogue Forum (LPDF) has selected "List 3" to form the new interim Presidency Council of Libya. The list includes Abdul Hamid Mohammed Dbeibah (pictured), who will serve as the new interim Prime Minister; eastern-based Mohammad Younes Menfi, who will become the new President; along with Musa al-Koni (South) and […]

LPDF moves to 2nd Round of Voting

The Libyan Political Dialogue Forum moves to the second round of vote on the lists of Presidency Council and Prime Minister Candidates The Libyan Political Dialogue Forum members cast their votes this morning for the four lists of candidates for the three-member Presidency Council and Prime Minister positions, which were submitted yesterday and met the […]