Libya News Archives - Panorama Insurance Brokers

EU-UNDP inaugurate two Schools in Sabratha

Rebuilding futures: EU-UNDP inaugurate two schools in Sabratha Two elementary and middle schools in Sabratha, together hosting 700 students, were handed over after undergoing substantial renovations. As part of UNDP‘s Strengthening Local Capacities for Resilience and Recovery (SLCRRR), the upgrades have been financed by the European Union under the framework of the programme “Recovery, Stability… Read More

Allegations of Bribery at Libyan Political Dialogue Forum

By John Lee. A group of Libyan human rights organizations has said it is “deeply disturbed by reports of financial bribes offered for the purpose of obtaining political gain that purportedly took place during the sessions of the Libyan Political Dialogue Forum held in Tunis this month“. The group, which includes Lawyers for Justice in… Read More

LIA approves 3-Year Extension of Chairman’s Term

The Libyan Investment Authority (LIA) has announced that its Board of Trustees has approved the term extension of current Chairman Dr Ali Mahmoud Hassan Mohamed, and the Board of Directors for a further three years. During the meeting, the Board of Trustees also agreed to increase the size of the Board of Directors from five… Read More

EU Supports Future Entrepreneurs Bootcamps in Libya

120 Students Successfully Completed (Future Entrepreneurs) Bootcamp from Different Cities Across Libya In cooperation with 6 CSOs from 6 different cities, 120 universities and institutes students attended a one-week training where they learned the basics of entrepreneurship, communication, and marketing skills to help them transform their ideas and start their own businesses. The students showed… Read More

Libya Falls in Prosperity Index

By John Lee. Libya has fallen one place in this year’s Legatum Institute Prosperity Index, ranking in 149th place out of the 167 countries measured. The Index consists of 12 pillars of prosperity, built upon 66 actionable policy areas (elements), and is underpinned by 294 indicators. Denmark, Norway and Switzerland took the top three positions…. Read More

Tripoli to get 10 New Airbus Helicopters

By John Lee. Libya’s Tripoli-based Minister of the Interior, Fathi Bashagha, has said that the Ministry will soon receive 10 helicopters from France’s Airbus. In an annoucement on Twitter, the Minister said the helicopters will be used in fighting organised crime, terrorist groups and human trafficking. They will also be used in search and rescue… Read More

NOC to Withhold Oil Revenue from Central Bank

By John Lee. Libya’s National Oil Corporation (NOC) has said that oil revenues will not be transferred to the Central Bank of Libya (CBL) “until the Bank has a clear transparency in front of the Libyan people regarding the mechanism of spending the oil  revenues during the last years.” The move follows a public disagreement… Read More

PFG stops Attackers storming NOC HQ

By John Lee. Libya’s National Oil Corporation (NOC) has said that its headquarters in Tripoli came under attack on Monday afternoon. The NOC praised the actions of the Petroleum Facilities Guards (PFG), which successfully prevented the armed group from gaining access to the building. (Source: NOC)

Turkey Halts Search of Ship off Libyan Coast

By John Lee. Turkey has reportedly stopped an inspection by German forces of a suspicious vessel off the Libyan coast on Sunday. According to Politico, the German naval vessel “Hamburg” (pictured), which is in the Mediterranean as part of the EU’s Operation Irini to enforce the U.N. arms embargo on Libya, stopped the Turkish vessel… Read More

Italy contributes $500k to Libyan Peace Process

Italy contributes to the peace process in Libya by donating euro 450,000 UNDP’s Political Dialogue Programme In the presence of Acting SRSG Stephanie Williams during the Libyan Political Dialogue Forum (LPDF) held in Tunis under her leadership and facilitated by the UN Support Mission in Libya (UNSMIL), the Deputy General Director/Central Director for the Mediterranean… Read More