No injuries or pollution after explosion at oil tanker off Libya, says Greek operator

ECONOMY File photo. A Greek-managed oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but no injuries or pollution were reported, a spokesperson for the operator TMS Tankers said on Monday. The Marshall …

Libya storm will have limited impact on Egypt, heatwave continues: EMA

The Egyptian Meteorological Authority (EMA) expects very hot and humid weather on Monday during the day in Greater Cairo, Lower Egypt, South Sinai, and the southern parts of the country, and hot weather on the northern coast. At night, the weather will be …

LBC establishes first private-sector led industrial financing fund in Libya

Explosion Reported on Crude Tanker Off the Coast of Libya

A Greek-managed crude tanker has suffered an explosion at a position off the coast of Libya, according to maritime security consultancy Vanguard.  In an advisory, Vanguard said that the 158,000 dwt tanker Vilamoura suffered a possible security incident at …

LBC establishes first private-sector led industrial financing fund in Libya

‎The Libyan Business Council (LBC) hosted at its Tripoli headquarters today the first meeting of the technical committee responsible for preparing the organisational structure of the Libya Industrial Development Fund. The meeting, the LBC announced, comes …

Al-Lafi: Presidential Council is committed to political solution to end Libya's crisis

The Presidential Council's Deputy Head, Abdullah Al-Lafi, reaffirmed the Council’s firm commitment to a political solution as the only viable path to resolving the Libyan crisis. The statement came during talks held between Al-Lafi and the Russian …

Greece deploys 3 warships in the Eastern Mediterranean between Turkey and Libya

Greece has announced the deployment of three warships in the Eastern Mediterranean between Turkey and Libya, citing the need to stop the flow of migrants coming from Libya. Greek Prime Minister Kyriakos Mitsotakis said on Saturday that his country had sent …

Libya and Oman agree to reactivate and expand economic partnership

Libya’s Minister of Economy and Trade, Mohammed Al-Hweij, and Oman’s Minister of Economy, Said Al-Saqri, have agreed to develop a strategy aimed at reactivating and enhancing economic and trade cooperation between the two countries. The agreement was …

NOC affirms Libya's sovereign rights over Eastern Mediterranean resources

The National Oil Corporation (NOC) has reaffirmed its commitment to Libya's sovereign rights over the resources of the Eastern Mediterranean within Libyan borders. In a statement, the corporation affirmed its commitment to implementing exploration …

Libya: Standoff with Libyans Prompts UNSMIL to Warn Public, Officials

Tripoli— The latest protests by Libyans against the United Nations Support Mission in Libya’s (UNSMIL) are deepening the distrust between the two parties and have prompted UNSMIL, for the first time since 2011, to remind both the Libyan public and …