Monthly Archives

July 2025

Western Libya mayors present roadmap proposals to UN

The United Nations Support Mission in Libya (UNSMIL) held a meeting with representatives of the Western Region Movement to discuss proposals aimed at advancing a consensus-based political roadmap.UN Special Representative Hanna…

Greek FM holds talks in Tripoli amid maritime dispute

Greek Foreign Minister Giorgos Gerapetritis conducted official meetings in Tripoli on Monday, where he met with Presidential Council Chairman Mohamed al-Menfi, Prime Minister Abdulhamid Dbeibah, and Acting Foreign Minister Taher…

LAIP taps IRC for cement plant survey

A coordination meeting was held on Monday between the technical committee for the Misurata Cement Plant project and the Industrial Research Centre (IRC), at the Centre’s headquarters in Tripoli.The meeting focused on finalising the…

Ola Energy accelerates growth with sharp rise in annual profit

Ola Energy, the downstream petroleum subsidiary of the Libya Africa Investment Portfolio (LAIP), reported strong financial results for 2024, with net profit rising to €34.5 million—extending its multi-year earnings growth as the company…

Libya, Egypt reaffirm cooperation during AU summit

The Head of Libya’s Presidential Council, Mohamed Menfi, met on Sunday with Egyptian President Abdel Fattah El-Sisi on the sidelines of the 7th biannual coordination summit between the African Union and regional economic communities,…

Syrian and Israeli officials hold quiet meeting in Baku

Syrian and Israeli officials have held a rare face-to-face meeting in the Azerbaijani capital, Baku, according to diplomatic sources — the latest sign of quiet efforts to manage tensions in the region following major shifts in Syria’s…

Misurata cement plant moves closer to launch

The Libya Africa Investment Portfolio (LAIP) is continuing preparations for the launch of the Misurata Cement Plant, as part of its broader strategy to implement industrial projects that support Libya’s economic development.The…

BP to reopen Tripoli office in Q4 2025

BP is set to reopen its Tripoli office in the final quarter of 2025 as part of a broader effort to relaunch its operations in Libya, the country’s state-owned National Oil Corporation (NOC) announced this week.The move signals…

Libyan embassy calls for release of cleared detainee

The Libyan Embassy in Ankara has escalated its diplomatic engagement to secure the release of Libyan national Othman Al-Za’alouk, who has been held in custody by Turkish authorities for over a month in Istanbul.The embassy has…

Abdul Monem Al-Marimi’s funeral delayed pending review

The family of the late Abdul Monem Al-Marimi has announced the postponement of the funeral prayer to Sunday, 6 July 2025.The decision was made to allow for a detailed forensic examination of the body, to be carried out under the…

Cement supply is the backbone of Libya’s reconstruction

Libya’s cement industry stands at a critical crossroads. As demand rises—driven by reconstruction efforts, housing expansion, and infrastructure projects—the country’s reliance on imports and the chronic underperformance of local…

Libyan Airlines denies bankruptcy rumours

Libyan Airlines has categorically denied recent rumours claiming it is facing bankruptcy, reaffirming that its operations continue uninterrupted and all flights are running as scheduled.Established in 1964, Libyan Airlines stands as…

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