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Dbeibeh is following up with the Minister of Justice on the plan of the Real Estate Registration Authority

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Today, Sunday, the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, followed the plan of the Real Estate Registration Authority during his meeting with the Minister of Justice, Halima Ibrahim, and the head of the Real Estate Registration Authority, Radwan al-Sunni, in the presence of the Minister of State for Cabinet Affairs and the Prime Minister, Adel Jumaa.

Dbeibeh issued his instructions to provide the necessary support to the Real Estate Registration Authority to implement its development plan, stressing the necessity of continuing the work of the authority in a manner that does not affect Resolution No. 102 of 2011 issued by the National Transitional Council, which was issued in exceptional circumstances, and to build the plan according to this basis.

For her part, Halima Ibrahim confirmed that the authority’s plan will work to carry out a number of services that have become essential and do not affect the decision, the most important of which is the registration of issued judgments, lawsuit sheets, administrative reservations, and lease contracts approved by the Law Department. It is considered the first step for the return of the Real Estate Registration Authority.

Al-Sunni also presented the difficulties and problems facing 76 service departments in Libya, and 8 main branches, especially after they stopped working for more than 10 years.

In conclusion, Dbeibeh stressed the need to clarify the role of real estate registration at this stage and not to allow rumors to harm the interest’s work, and that his work be in accordance with what the law allows him.

Aguila Saleh is discussing a number of economic files with the new Deputy Governor of the Central Bank of Libya

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The Speaker of the House of Representatives, Aguila Saleh, discussed during his meeting this morning, Sunday, with the new Deputy Governor of the Central Bank of Libya, Marai Al-Barasi, in his office in the city of Qubba, a number of economic files and developments in the Central Bank of Libya.

Marai Al-Barasi officially assumed his duties last Wednesday as Deputy Governor of the Central Bank of Libya and Governor of the Central Bank in Benghazi from his predecessor, Ali Al-Habri, who was dismissed by the House of Representatives in its official session last Tuesday from the position of Governor of the Central Bank in charge and terminated his membership and chairmanship of the Benghazi and Derna stabilization committees.

Al-Lafi participates in the extraordinary summit of the African Union on industrialization and economic diversification in Africa

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On Friday, during his speech at the extraordinary summit of the African Union on industrialization and economic diversification in Africa, and the extraordinary session on the continental free trade area, the deputy in the Presidential Council, Abdullah Al-Lafi, confirmed that Libya is seeking, despite the exceptional circumstances it is going through, to work hard through its institutions and agencies concerned with the fields of industrialization in supporting and diversifying the national economy, providing basic commodities and investing in them, and developing the industrial sector.

Al-Lafi pointed to achieving more independence and African political will in the success of national plans and programs aimed at developing the manufacturing sector, opening other areas to diversify the economy, and making development and investment a continental priority, in addition to the fact that Libya is linked to many agreements and treaties.

Al-Lafi clarified regarding recovering looted funds, preventing financial flows outside the continent, and harnessing revenues to invest in youth, recognizing the importance of industrialization and its impact on eliminating unemployment, developing the labor market, and creating socialization opportunities as a result of the development taking place in this sector. At the same time, commitments must be implemented. and benefiting from it, and on unified positions, including the African Commodity Strategy and the Common African Position.

During his participation in the African Union Extraordinary Summit on Industrialization and Economic Diversification in Africa, Al-Lafi discussed the agenda of the summit in its seventeenth session, the policies of industrialization, economic diversification and the African Free Trade Area, as well as the activation of the African Continental Free Trade Agreement, technological renewal and organizational capacity for Improve industrial performance.

Al-Lafi also stressed that the internal level of industrial and economic performance is still struggling to reach better levels, and that Libya has efforts to support continental industrialization, especially in the fuel and foodstuff sectors, through its investments in many African countries.

A French bribery case linked to Libya and Kazakhstan

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Airbus SE has reached an agreement with French prosecutors to settle investigations into corruption allegations linked to Libya and Kazakhstan.

The deal represents a “limited extension” of a settlement worth 3.6 billion euros “3.75 billion dollars” that was reached in 2020 with the French, British and American authorities, as not all cases can be dealt with simultaneously, for procedural reasons.

Adapted from Bloomberg

The Swiss courts are after Shukri Ghanem’s son

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The Swiss court upheld today, Friday, a ruling fining the son of the former oil minister in the era of Gaddafi, Mohammed Ghanem, who resides in Bahrain, with $1.5 million on charges of corruption.

Mohamed Ghanem and his lawyer, Jean-Marc Carnezi, were notified on October 18 to uphold a $1.5 million fine imposed last year on his conviction for passive corruption of foreign public officials.

The case depended on the payment of $1.5 million in 2007 in the account of one of Ghanem’s subsidiaries to facilitate the establishment of the Norwegian Yara Fertilizers Company in Libya and the establishment of a joint venture with the National Oil Corporation, which brought the case to the court.

Adapted from Africa Intelligence

Nova Agency: “A decrease in natural gas flows from Libya to Italy”

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Eni announced today, Thursday, that natural gas flows from Libya to Italy have decreased, due to “unscheduled maintenance” in Mellitah complex, and they can be reduced to zero, after a significant decrease since November 22, with the possibility of stopping the flow of gas to Italy.

Informed sources told Nova that the sulfur extraction unit broke down and needed maintenance, so only one unit will remain operational, in addition to the estimated time for repairs being approximately one week.

According to the Nova Agency, Libya’s total gas production reached 9.23 billion cubic meters in 2021, compared to internal requirements of approximately 6 billion cubic meters, numbers that can actually change, and that with the discovery of new huge gas fields, and the construction of new combined-cycle plants. Or large plants from renewable energy sources, in particular solar energy, where Total Energy takes the lead.

Sanam data on gas flows related to points related to the national transmission network also shows a significant decrease in incoming flows, from 10 million cubic meters per day on November 21 to 4 million cubic meters yesterday, compared to 2 million cubic meters per day on November 22, the day of decline.

Nova added that Libya can export up to 10 billion cubic meters of gas annually to Italy through the “Green Strye” pipeline that connects Sicily to the Eni gas fields in southwestern Libya, as only 3.23 billion cubic meters of Libyan gas arrived in 2021, a decrease from 4.46 billion cubic meters in the previous year.

It is worth noting that Libya supplies Italy with about 4 percent of the gas imported to Italy through pipelines, and that all the gas goes to the local Libyan markets as a matter of priority.

The Research and Statistics Department of the Central Bank of Libya publishes a report on the consumer price index for the year 2022

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Today, Wednesday, the Research and Statistics Department of the Central Bank of Libya published a report on the consumer price index and inflation for the third quarter of 2022, which revealed that the general inflation rate in Libya during the third quarter of this year recorded 4.3%.

According to the report, the analysis of trends in commodity groups during the year 2022 indicates that the inflation rate increased in all commodity groups, as the index in the foodstuff group reached 328.2 points, an increase of 11.8, which is equivalent to 3.7%. The benchmark for the tobacco group is 265.0 points, an increase of 0.9 points, equivalent to 0.3%.

The report added that it scored the index for the clothing and footwear group with 435.9 points, an increase of 18.8, equivalent to 4.5%. The index also rose for the group of housing, water, electricity, gas and other fuels, as it scored 193.5 points, with a noticeable increase of 16.5 points, which is equivalent to 9.3%.

As the index for furniture and household appliances increased by 12.2 points, to record 367.3, equivalent to 3.4%. As for the health group, the index for the transportation group increased by 7.9 points, reaching 211.0 points, equivalent to 3.9%. The index decreased by 0.6 points, to record 83.9 points, an increase of 0.7%.

The index for the entertainment and culture group was 208.1, an increase of 3.2 points, equivalent to 1.6%, in addition to the education group, its index was an increase of 0.8 points, reaching 380.8 points, equivalent to 0.2%, and with regard to the restaurants and hotels group, the number increased and recorded 347.6 points, an increase of 4.7 points or 1.4%, as well as the group of goods and other services witnessed an increase in the index by 11.6 points, recording 301.9 points, an increase of 4.0%.

Al-Huwaij discusses with the French ambassador the economic and trade relations between the two countries

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The Minister of Economy and Trade of the Government of National Unity, Mohamed Al-Huwaij, discussed on Wednesday with the Ambassador of France, Mustafa Mahraj, the economic and trade relations and the difficulties facing French companies in resuming their work in Libya, as well as setting up a mechanism to review and activate the agreements concluded between the two countries.

Al-Huwaij referred to the geographical location that distinguishes Libya, as it is considered a gateway to African markets, especially transit trade and free zones that link it with neighboring countries, which contributes to increasing the volume of trade between the two countries, Libya and France. For his part, the French ambassador urged the return of French companies and Air France to work in Libya. It was also agreed to activate the Libyan-French Businessmen Council and to form a working group to follow up and solve the problems and difficulties facing businessmen and companies and the return of economic, commercial and investment exchange.

The meeting was attended by the Ambassador of the State of Libya to France, the Undersecretary for Commercial Affairs, the Director of the Department of Foreign Trade and International Cooperation, the Director of the Department of Administrative and Financial Affairs at the Ministry, and the Commercial Attaché at the French Embassy.

Dbeibeh discusses the general plan for Zawiya municipalities

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A member of the Presidential Council, Abdullah Al-Lafi, and the head of the National Unity Government, Abdul Hamid Dbeibeh, met today, Tuesday, with the central and western Zawiya municipal councils, and the directors of the sectors in the two municipalities, in the presence of a member of Parliament, Aisha Shalabi, and a number of notables from the corner and heads of the executive agencies.

The meeting discussed the general plan for the municipalities of Zawiya and the problems facing the Urban Planning Authority in implementing the approved second generation plan for these areas, following up the security and service conditions, and the steps to be taken regarding the problems and difficulties they face in performing their duties.

Dbeibeh issued his instructions to increase the package of schools targeted for completion to be part of the project for the return to life plan. It was agreed between the heads of the executive agencies to start preparing the necessary designs by the Agency for Executing Housing and Utilities Projects.

Al-Nuwairi issues a decision appointing Marai Al-Barassi as Deputy Governor of the Central Bank of Libya

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First Deputy Speaker of the House of Representatives, Fawzi Al-Nuwairi, issued a decision assigning Marai Al-Barassi as deputy governor of the Central Bank of Libya, governor of the Central Bank in Benghazi, and head of the Benghazi and Derna Stability Committee, after the parliament’s decision to dismiss Ali Al-Hibri in a session yesterday, Tuesday.

The spokesman for the House of Representatives, Abdullah Blehaq, had confirmed to our source that the House of Representatives concluded in its session today, Tuesday, to take a number of decisions, including the dismissal of Ali Al-Hibri from the position of governor of the Central Bank of Libya in charge and the termination of his membership and his presidency of the two committees to restore stability in Benghazi and Derna, assigning the Audit Bureau to review and examine all the financial and administrative transactions of the two committees since the date of their establishment and to address the Attorney General to take all legal measures regarding the crimes committed and to initiate preliminary investigation procedures in those crimes.