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The mayor of Qatrun municipality reveals his participation in the meeting of the Minister of Labor and Rehabilitation with the mayors of municipalities

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The mayor of Qatrun municipality, Ammar Amora, said: “We attended the meeting of the mayors of municipalities of Libya in the Ministry of Labor and Rehabilitation regarding the decision and instructions of the Prime Minister to communicate with the ministers and mayors of the municipalities, to discuss all the struggles that the municipalities suffer from.

The meeting was also positive, and we, the mayors, and the ministers tried to develop a unified view to solve all the problems and difficulties that the municipalities suffer from.”

He pointed out that the meeting was transparent and frank, and the point of view was clear in the field of work and rehabilitation.

The Libyan government headed by Bashagha clarifies what happened today and confirms that it will start its work from Tripoli in the near future by force of law

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The media office of the Libyan government headed by Fathi Bashagha confirmed in a statement today, Thursday, that the Libyan government continues to perform its tasks and to complete all arrangements with confidence and responsibility to start its work from the capital, Tripoli, in the near future, by force of law.

He explained that the force that headed today to the capital, Tripoli, is a force for security, not for war, and despite the difficult situation, they have opted for bloodshed, not using weapons, and returning to their former headquarters, provided that the “expired government” should stop, according to the statement, to establish any measures related to closing the airspace or any obstacles that violate the law, and this measure was also made in response to international and regional demands and according to the desire of many national figures.

The media office added that the arbitrary measures taken by the out-of-state government constitute a violation of all laws, starting with rejecting the decision of the House of Representatives, the supreme legitimate authority to withdraw confidence from it and assigning an alternative government to it. With the civilian population as human shields, as it refuses to surrender and threatens to use weapons inside the capital, which is inhabited by a safe population, and the airspace is closed to flights between the West and the East, in violation of Security Council resolutions, the ceasefire agreement and the agreements of the 5 + 5 committee, in order to prevent entry to the presidency and ministers, in addition to the kidnapping of ministers and preventing them from entering Performing the legal oath.

The Libyan government reassured the Libyan people that it came with a pure national will, and is very keen on the blood of Libyans, the safety of civilians and the security of the country, and that it will not allow any adventurer to drag it into the shedding of a single drop of blood, and will work with all seriousness and responsibility to unite the country under one authority in order to restore the state and to build its institutions, sovereignty, security, stability and prosperity. This will only come with the integration of authorities and the support of the people.

The American ambassador communicates with Bashagha and Dbeibeh to stress the need for negotiation to find a political solution

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The US Ambassador to Libya, Richard Norland, said that he contacted the Prime Minister-designated by the House of Representatives, Fathi Bashagha and the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh to stress the need for negotiations to find a political solution to the situation in the country.

Norland explained that he spoke with the Prime Minister-designated by the House of Representatives, Fathi Bashagha, praising his readiness to calm tensions and seek to resolve the current political dispute through negotiations and not force.

The US ambassador added that he also contacted the Prime Minister of the National Unity Government, Abdul Hamid Dbeibeh, expressing his appreciation for his commitment to protecting lives and his willingness to enter into negotiations to find a political solution.

US Ambassador Richard Norland stressed that the stability and unity of Libya can only be maintained through dialogue and respect for the right to freedom of movement throughout the country.

Al-Kabeer discusses encouraging American companies and overcoming the difficulties to return to the Libyan market

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Yesterday, Thursday, the Governor of the Central Bank of Libya Seddik Al-Kabeer and his accompanying team met with the USLBA, in the presence of a number of leading American companies, including Motorola, Pepsi-Cola, ConocoPhillips and other companies.

The meeting discussed encouraging American companies and overcoming the difficulties facing them to return to the Libyan market, as well as promising investment opportunities in Libya.

Eni’s external relations officer explains Italy’s claim for Libyan gas

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Domenico Spina, the head of external relations for the Italian company Eni, said that the company has suspended all contracts related to the purchase of oil and gas from Russia, as Eni will respect every decision taken by European and Italian institutions in particular.

Spina explained, regarding Italy’s demand for more Libyan gas, by saying: « We are waiting for an answer from the Italian government to work on it, but at the moment the government has not made any suggestions in this regard. »

The Central Bank’s liquidity team reveals the delivery of Gharyan’s issuance of 35 million to the branches of Jumhouria Bank in Al-Jabal Al-Gharbi

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The liquidity team of the Central Bank of Libya revealed that the Gharyan issuance department of the Central Bank of Libya delivered a liquidity shipment of 35 million dinars to the branches of Jumhouria Bank in Al-Jabal Al-Gharbi, within the framework of the Central Bank of Libya’s plan to provide liquidity in all branches of commercial banks and on an ongoing basis.

7 million have been allocated to Gharyan branch, 4 million to Ashwayrif branch, 4 to Qaryat branch, 4 million to Qawasim branch, 4 million to Al-Asabaa branch, 4 million to Nesma branch, 4 million to Al-Shgega branch, and 4 million to Gharyan Islamic banking. The liquidity project team at the Central Bank of Libya is working on transfer of shipments in addition to all bank branches.

The impact of the Russian-Ukrainian war on the Libyan economy, commodity prices, and the unification of the two Central Bank poles are the focus of the Al-Kabeer discussion with the Atlantic Council

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Yesterday Thursday, the Governor of the Central Bank of Libya, Siddiq Al-Kabeer, discussed with the Atlantic Council, in the presence of a group of political leaders in the world, ambassadors, media professionals and international experts in the political, economic and financial fields, and those interested in Libyan affairs, the developments of the political, economic and financial conditions in Libya.

Al-Kabeer also discussed the repercussions of the Russian-Ukrainian war on the global economic situation and its effects on the Libyan economy and the supply and prices of goods and food in the international market.

The governor tackled moving the wheel of the Libyan economy, the return of foreign companies to Libya, the efforts of the Central Bank of Libya to ensure financial and monetary stability, and the plan to unify the Central Bank of Libya.

A National Commercial Bank official said: The General Attorney suspends the previous board of directors and demands the formation of a committee to limit the actions

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An official in the National Commercial Bank said exclusively that the General Attorney suspended the previous board of directors of the National Commercial Bank headed by Abdul Wahab Mukhtar and impersonated the general manager Salem Faraj for their violations and abuses pursued by the board of directors.

According to the official, he stopped them from impersonating the legal representation of the bank according to his description, with his request to assign a committee to undertake the task of listing the actions carried out by Salem Faraj and his predecessor Jalal Al-Sadi from the date of the issuance of the state order.

He also ordered the Public Prosecutor to comply with the judicial orders immediately so that the order does not deviate from the measures authorized by the Central Bank of Libya when the investigation authority is forced to deal with the matter judicially.

According to the official , the impartial Libyan judiciary has resolved the issue that has been in circulation for more than one year and has proven the impartiality of the law and raised it.

Adapted from Sada Website 

A meeting was held to discuss the International Monetary Fund’s support for the capabilities of the Central Bank of Libya in the field of statistics, indicators and monetary policies

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The Governor of the Central Bank of Libya and his accompanying team met today, Thursday, with the Director of the Middle East and Central Asia Department of the International Monetary Fund, Jihad Azur and the Deputy Director of the Financial and Monetary Markets Department, Miguel Savastano.

The meeting discussed the International Monetary Fund’s support for the capabilities of the Central Bank of Libya in the field of statistics, indicators and monetary policies, as well as the program of visits of the Fund’s technical teams to Libya.

In conclusion, those present on behalf of the Fund praised the important role of the Central Bank during the past periods in the sustainability of the state and the stability of the economic and financial situation.

Jumhouria Bank signs a partnership agreement with the international company Visa

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The Jumhouria Bank has signed a partnership agreement with Visa, the global leader in digital payments technology, to assist in digital transformation services, expand the customer base, build a sustainable payment system across multiple channels and sectors, and benefit from the best services and electronic products of Visa for the bank’s customers.

The agreement signed between the two parties focuses mainly on the issuance and support work for the bank to enter into acquisition services and accept payments from Visa card holders, whether citizens or foreigners. Small and medium-sized retailers and institutions with multiple and diverse payment needs.

The Deputy Director General of the Jumhouria Bank, Nuri Abu Flija, confirmed that this agreement is a shift for the bank to develop its services and meet the needs of customers, in addition to training the bank’s employees and obtaining advisory services. Their happiness and pride in partnering with the Jumhouria Bank, which is the first to introduce all that is new to the banking industry and Libyan technologies.

According to the Jumhouria Bank media office, the agreement includes the introduction of a variety of leading consumer and commercial products, by designing related products that are in line with the strategy of value propositions for customers. Under this agreement, Visa will support the bank’s ambition in digital transformation through an organized application of a gradual approach in line with decision makers and stakeholders in the bank.

Through this agreement, Jumhouria Bank will also be able to take advantage of the “Visa Net” service for online money transfer services, while providing all the strong security standards, data analytics, parallel platforms and value-added services to support the services that distinguish the bank in the offers it provides to its customers of merchants, companies and major institutions.

It is noteworthy that the signing of the agreement was attended by the Deputy General Director of Jumhouria Bank, Nuri Abu Flilja, the Director of Cards and Electronic Services at the bank, Oussama Ben Ali, as well as the President of Visa and the Regional Director for North Africa Ahmed Mohie and the Vice President of the company, Leila Sarhan.