The French-Tunisian businessman, Sam Zormati, trying to sell a €250m Paris building owned by Libya’s sovereign wealth fund LIA has been confirmed by the Paris Court of Appeal. However, several other court cases continue to threaten Libyan assets in France.
Adapted from Africa Intelligence
The countries of France, Germany, Italy, the United Kingdom and the United States of America welcomed in a statement on Friday evening the progress made in the talks between the joint committee of the House of Representatives and the High Council of State in Cairo, facilitated by the United Nations Support Mission in Libya. They called on the House of Representatives and the High Council of State to urgently finalize the legal basis for holding credible, transparent and inclusive presidential and parliamentary elections as soon as possible.
The five countries said in their statement that the roadmap specified the end of the transitional phase on June 22, on the condition that presidential and parliamentary elections be held on December 24, 2021, which did not happen. They stressed the need for a unified Libyan government capable of governing, conducting and achieving these elections in all the country and through dialogue and settlement, as quickly as possible.
The statement underlined the rejection of measures that may lead to violence or more divisions in Libya, such as the establishment of parallel institutions, attempts of any kind to seize power by force, or the rejection of the peaceful transfer of power to a new executive authority to be formed through a legitimate and transparent process.
Moreover, the five countries urged the Libyan political leaders to engage constructively in the negotiations, including through the good offices of the United Nations Support Mission in Libya, to break the executive impasse and agree on a path for elections.
The statement emphasized that Libya’s resources must be managed in a transparent, responsible and accountable manner across the country and for the benefit of the Libyan people. It urged Libya’s leaders to agree on spending priorities and establish a common revenue management and oversight structure.
The Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, welcomed the statement and considered it consistent with his position rejecting violence, seizing power by force or creating any parallel bodies, in addition to being in line with the international position, which resolved the issue of the Libyan parties’ continuity of work in accordance with the decisions of the political agreement. He stressed the importance of holding elections in accordance with a constitutional rule. He also renewed his government’s commitment to continuing the policy of disclosure and transparency about government spending.
On his side, the Libyan Prime Minister, Fathi Bashagha, also welcomed the statement, especially the call for a unified Libyan government capable of ruling and holding elections throughout the country. He added that, as the head of the elected and supported by the House of Representatives and the State government, he looks forward to working side by side with those countries and all Arab and African friends countries to rebuild Libya and lead it to national elections as soon as possible.
The Minister of Health in the government-mandated by Parliament, Othman Abdul Jalil, revealed to Flusna program that the issue of treatment abroad is a delicate file and witnessed many cases of abuse. These abuses are not only in the expired government, according to him, but have been extending for more than ten years, as a result of terrifying accumulations and mismanagement.
He continued: “Such a thing is painful from two sides. The first is how we see Libyan patients arriving abroad and not paying enough attention, and we wonder why. On the other hand, those who exaggerate spending and loot the money of the Libyans at the expense of their illness. We will not leave things as they are and will work to organize them properly.”
He revealed that the first and last goal is to provide treatment locally. Only 80 and 90 percent travel in order to receive doses that are easier for the ministry to purchase and organize their arrival to the patient than to send him abroad.
The Research and Statistics Department of the Central Bank of Libya issued the Foreign Trade Report of Libya 2018-2021 which contains an analysis of the most important indicators of foreign trade for the Libyan economy during the period of 2018-2021, with the world.
The volume of trade exchange (exports + imports) between Libya and the world during the period of 2018-2021 recorded an average increase of 30.9% during the period. This increase in the volume of foreign trade is due to the growth in the volume of exports, which amounted to an average of 53.8%.
The volume of trade exchange for the year 2021 recorded a remarkable increase of 120.0%, due to the increase in oil exports as a result of the resumption of production and export of crude oil after stopping during the year 2020.
Adapted from Sada Website
Assaray Trade and Investment Bank opened its new branch in the city of Misrata, which is the third city in which the ATIB is located after Tripoli and Benghazi to provide its banking services to companies and individuals, in addition to microfinance through “Namaa Tamweel” program.
The opening ceremony of the branch was attended by representatives of Misrata Municipal Council and many prominent businessmen. They were received by the Chairman of the Board of Directors of the ATIB, his deputy, the general manager of the bank, the head of the business sector, the retail manager, the director of Namaa Tamweel and the director of Misrata branch.
The Director of the Branches Department in the Tripoli region of the National Commercial Bank, Abdurahman Salama,” stated exclusively that: “The situation in the bank is going well and there are no complaints.”
He added: “Withdrawal is proceeding normally and there is no congestion. The electronic cards are fully operational. The ATMs are also working normally.”
He continued: “After Eid al-Adha, the unconnected branches will be connected to the system. Thus, the Commercial Bank network will be completed, and will be connected at the level of Libya.”
Adapted from Sada Newspaper
The Governor of the Central Bank of Egypt, Tareq Amer, spoke exclusively today, Thursday, regarding receiving a request from the Libyan Parliament to finance Bashagha government. He said: “The Central Bank of Egypt denies this matter.”
He continued: “We also did not receive any request from the Libyan Parliament. Also, we do not have any information on the issue of financing the Bashagha government.”
The General Electricity Company announced the continuation of the phenomenon of theft of electrical network components in a number of areas by outlaw groups, which have nothing to do but increase the suffering of citizens as a result of power cuts and personal benefit.
In Qasr Bin Ghashir Distribution Department, a 300 kVA transformer was stolen from the ready-made station Salem Saeed. This attack led to the damage of the cable (voltage 11 kV) from Qasr Bin Ghashir station 30 to the Al-Mashreqi station that feeds the ready-made station Salim Saeed, which led to power outages in a number of homes.
Within the sustainable development projects of the National Oil Corporation and under the auspices of the Repsol, Total Energies, OMV and Equinor, and the supervision of Akakus Oil Operations Company, the operator of the El-Sharara oil field, the delivery and receipt procedures for the new water wells that were drilled for the benefit of Bint Bayh Municipality were completed. The first well is located in the locality of Khulayf and the other is in the locality of Bent Bayya. The installation of submersible pumps and their accessories and the completion of the experiments, cleaning and pumping works have taken place successfully.
The handover ceremony was also attended by the Mayor of Bent Bayya Municipality, Ashraf Al-Musleh and the Municipal Council member, Omar Abdul Aziz, in addition to, Miftah Al-Sharif, from the Department of Sustainable Development at the Corporation, Al-Senussi Al-Hajjaji and Mondher Al-Buishi from the part of Repsol and Ibrahim Musa, Abdullah Al-Hajj and Abdul Aziz Al-Khanjari from the part of Akakus Company, with the presence of a group of interested people and families.
These wells, which were established today, come as part of an integrated project to dig 11 wells in the Al-Wadi area distributed over the municipalities of Ubari, Al-Gharifa, and Bent Beyya, To date, five have been completed and work is underway on dig other wells that are expected to be completed during the third quarter of 2022.
This project also includes the maintenance of 25 upper water tanks distributed throughout the area of Al-Wadi, the maintenance of which has been completed and handed over to the local authorities during the recent period. The works linking the wells to the tanks and the main network within the cities will soon begin.
An official source in the Government of National Unity confirmed today, Thursday, in an exclusive statement to Tabadul TV, that the plane of Prime Minister, Abdul Hamid Dbeibeh, had arrived in Tripoli without any harm.
The source denied the occurrence of any damage to the planes that carried the president and ministers to the city of Jalu, pointing out that news circulating about it is baseless.
He pointed out that the Prime Minister of the National Unity Government, Abdul Hamid Dbeibeh, had arrived moments before the city of Tajura to calm the situation there, after the closure of the coastal road and the spread of armed men that the area witnessed hours ago.