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Author: LS

Bashagha: « The confidence of the House of Representatives and the state is my responsibility, and we thank Dbeibeh, who assumed his responsibilities in a difficult period ».

The head of the Government of National Stability, Fathi Bashagha, said today, Thursday, that the next government will be a government for everyone and by everyone. « We extend our hands to everyone without exception, and that the confidence of the House of Representatives and the Supreme Council is my responsibility. I will always agree with them, and no government can succeed without cooperation and joint work with the legislative authority ».

Bashagha added during a speech he delivered upon his return from Tobruk after his success in obtaining recommendations from members of the House of Representatives, enabling him to preside over that there is no place for hatred, injustice and revenge, indicating that « our relationship with all countries will be based on mutual respect, joint work and permanent coordination on all The levels, especially the security level ».

The President of the Stability Government also thanked the United Nations mission for its efforts and looked forward to positive joint work with it, thanking the National Unity Government headed by Abdul Hamid Dbeibeh, who assumed his responsibilities for a difficult period, and he is confident that the national unity government will work with democratic principles.

The Central Bank of Libya launches an e-commerce platform

The Governor of the Central Bank of Libya, Siddiq Al-Kabeer, announced Today, Thursday, the launch of an e-commerce platform that aims to achieve financial inclusion and improve the quality of banking services to meet the needs of the Libyan market in the field of electronic purchases.

This came during a ceremony organized by the Central Bank in the presence of the Undersecretary of the Ministry of Economy, chairmen of the boards of directors of commercial banks, general managers of banks, the head of the Libya Trade Network, as well as representatives of private electronic payment companies and a number of guests.

The Chairman of the Preparatory Committee for the Libyan-Tunisian-Algerian Conference confirms : « We hope to come up with a set of legislation and laws through which the Libyan economy is stimulated »

The Chairman of the Preparatory Committee for the Libyan-Tunisian-Algerian Conference towards the Free Economic Transformation and the Digital Economy in Africa, Abdel Samie Muammar, stated: « This conference is a product of the outcomes of a previous conference of the Mediterranean Conference, where we aim through this conference to create a free and diversified economy program for the State of Libya and to cooperate with regional and African countries in this program.

He added : « Libya is characterized by a good geographical location between Europe and Africa, and therefore by finding an investment map and transit routes through Libya that allow the production of more opportunities and dependence on strategic projects, including small and medium projects ».

He continued by saying: « The conference is attended by many international organizations, and Libya is a member of it, including free trade and development zones, and the completion of the public and private sector in the countries of Libya, Tunisia and Algeria. We also hope to come up with a set of legislation and laws through which the Libyan economy is moved ».

Adapted from Sada Website

Brega Petroleum Marketing Company confirms that fuel is available and operations within its working sites are proceeding at a normal pace

Brega Petroleum Marketing Company confirmed in a statement , on Wednesday, that fuel is available within its warehouses, and that operations within the company’s working sites are proceeding at a normal pace, assuring all citizens that it has a strategic stock of fuel.

The company added that the operations of pumping and receiving fuel shipments from tankers continue according to the programmed shipments, noting that the company does not suffer from any shortage in that, with the continuation of the supply and pumping operations from the Zawia warehouse through the supply lines to the Tripoli oil depot.

Sanalla calls on the Algerian Sonatrach to contribute to the repair of infrastructure and oil transmission lines, and the rehabilitation and construction of reservoirs

An agreement of understanding was signed Today, Thursday, February 10, 2022 between the National Oil Corporation and the Algerian Sonatrach, where the Chairman of the Board of Directors of the Corporation, Mustafa Sanalla, and the President and General Manager of the Algerian Sonatrach company, Tawfiq Hakkar, to complete its previous contractual obligations and the development of the discovered fields.

Sanalla also clarified that this meeting comes within the framework of the continuous consultation between the Corporation and the Algerian Sonatrach, to achieve the common interests between the two institutions by virtue of the neighborhood and the great experience of Sonatrach, as well as its contributions during the seventies in the development of the Libyan oil sector on several levels such as drilling, exploration and refining, and capacity-building. The Corporation relies on the Algerian expertise and invites it to contribute to the reform of infrastructure and oil transmission lines, and the rehabilitation and construction of reservoirs.

In addition, Libya and Algeria are rich in great potentials of oil and gas, which gives good opportunities for investment, in addition to the importance of the geographical location of the two countries, and enables them to enhance energy stability in the Mediterranean and Europe, especially in light of the crisis that Europe is witnessing in the provision of gas. Libya’s gas discoveries, specifically in the Hamada area, which the Corporation seeks to put on production, stressing that the demand for energy will remain major and continuous, expressing the Corporation’s aspiration to strengthen the relationship with Sonatrach and open new partnerships that serve the public interest of the two institutions.

The Ministry of Transportation signs a contract for the maintenance and expansion of the road (Ajdabiya – Jalu)

The Projects Implementation Department of the Transportation Ministry has concluded a contract for the maintenance and expansion project of the (Ajdabiya – Jalu) road, with a length of 252 km, relating to the Coalition of Egyptian companies (Orascom, Hassan Allam, and Engineers), after completing the procedures for approval by the Audit Bureau.

This project comes as part of a series of contracts that the National Unity Government has given great attention as this road is the main that connects the oasis cities in the north-east, as well as part of the road leading to the city of Kufra in the south-west. It suffers a significant structural damage, causing traffic accidents for its users, resulting in loss of life and vehicles.

The Ministry of Labor and Rehabilitation signs a cooperation agreement with Huawei ICT Academy

Today, Wednesday, the Human Resources Development Fund of the Ministry of Labor and Rehabilitation signed an agreement with the Huawei Academy for targeted information and communications technology within the ministry’s action plan to train and qualify national cadres of job seekers, at the Ministry’s office and in the presence of the Minister of Labor and Rehabilitation Ali Al-Abed, the General Director of Huawei in Libya and the Executive and Commercial Director of the company, in the presence of the directors of the ministry’s offices.

The agreement includes the training of national cadres registered within the system of ICT graduates, who will be trained and given accredited certificates that will enable them to work internally and externally in major international companies.

The agreement aims to develop the national technical sector and provide it with qualified and professional cadres through obtaining training using modern technologies from Huawei products, modern management systems and digital transformation, and granting them internationally recognized certificates in the field of information and communications.

A meeting to discuss the mechanism of German companies entering the Libyan market and providing them with all advanced services and capabilities

The Chairman of the Directors Board of the General Authority for Investment Promotion and Privatization Affairs Jamal Lamoushi held a meeting, with a delegation from the German-Arab Chamber and some representatives of Arab-German companies, in the presence of the director of (Karl kolb GmbH & Co. KG.) Michael Frenzel, and for the Arab-German Chamber of Commerce and Industry, Florian Amiriler, and the head of the international cooperation department at the authority, Ahmed Al-Salihin.

The meeting discussed ways of joint cooperation between Libyan companies and German investment companies, as well as the way German companies enter the Libyan market, in addition to a number of stalled projects and how to activate them and benefit from existing projects, as well as the mechanism for German companies to enter the Libyan market and provide them with all advanced services and capabilities.

The Chairman of the Finance Committee of the Representatives House clarifies the latest developments in the issuance of the unified law for the salary scale, as well as the investment portfolios

The head of the Finance Committee in the House of Representatives, Omar Tantoush, said that the issue of the unified law for the salaries of the administrative structure funded by the public treasury, is not easy because there are a large number of special tables amounting to more than 35 special tables for bodies, institutions and others, and it takes time to develop a unified law that combines all these tables.

During his speech at the session today, Tuesday, Tintoush added that the Parliament’s Finance Committee will sit today or tomorrow with the Legislative Committee for consultation, because there are some laws of a special nature and some parties have an independent nature such as the judiciary, and it is necessary to consult on them and whether these bodies enter into the unified law or will be included in the Unified Salary Law.

As for the investment portfolios law, Tintoush explained that these portfolios were established by a decision of the General People’s Committee previously, but the law has not been set. « We have submitted a memorandum to the Economic and Social Development Fund to provide detailed explanations on the investment portfolios, and the Fund alerted the Finance Committee to the need to be controlled by law and then release the freeze on those portfolios.

He indicated that among those caveats that the Fund drew attention to is controlling duplication and submitting documents that prove the lack of income for families benefiting from the governor and amendments regarding the subsidy that was disbursed to some families from the Social Security and Solidarity Funds and other matters that need to be amended to set the law before the release of the actual numbers owed to the governor.

Al-Kabeer discusses with the Egyptian ambassador to Libya the latest developments in the project to unify the Central Bank of Libya

Today, Tuesday, the Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, held a meeting with the Ambassador of the Arab Republic of Egypt to Libya, Tamer Mustafa.

During the meeting, many issues of common interest were discussed, like the latest developments in the project to unify the Central Bank, and the start of Egyptian companies to work in Libya, were discussed.