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Press Releases

Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Libya Business Channel.

Libya Bars European Officials

Libya Bars European Officials

(MENAFN) Libya's eastern government has denied entry to the European Union's migration commissioner and ministers from Italy, Malta, and Greece, accusing them of breaching the country’s sovereignty. The group had been scheduled to meet with the...

Russia Seeks Expanding Trade with Africa

Russia Seeks Expanding Trade with Africa

(MENAFN) Africa is emerging as a crucial market for Russian exporters, offering substantial untapped opportunities for trade growth and investment, according to the vice president of the Russian Export Center (REC). In her address at the...

Libya expel EU delegation due to sovereignty of diplomatic protocols

Libya expel EU delegation due to sovereignty of diplomatic protocols

(MENAFN) Libya’s eastern authorities have barred a European Union delegation, along with ministers from Italy, Malta, and Greece, from entering the region, citing violations of the country’s sovereignty and diplomatic protocols. The delegation,...

Libya launches its first oil, gas exploration tender

Libya launches its first oil, gas exploration tender

(MENAFN) Libya has launched its first oil and gas exploration tender since the 2011 NATO-backed uprising that toppled former leader Muammar Gaddafi, drawing participation from 37 major international energy firms, Bloomberg reported on Wednesday....

Eastern Libya expels EU delegation

Eastern Libya expels EU delegation

(MENAFN) Libya’s eastern authorities have expelled a European Union delegation, accusing the group of violating national sovereignty and bypassing entry protocols. The delegation, which included EU Migration Commissioner Magnus Brunner and...

Russia wants more profound trade relations with Africa

Russia wants more profound trade relations with Africa

(MENAFN) Africa is becoming an increasingly vital market for Russian exporters, offering substantial room for growth, according to Tatyana An, Vice President of the Russian Export Center (REC). Speaking at the INNOPROM-2025 industrial expo in...

Wall Street Climbs as Nvidia Achieves Market Milestone

Wall Street Climbs as Nvidia Achieves Market Milestone

(MENAFN) Midweek trading on The New York Stock Exchange closed with positive momentum, led by a surge in technology stocks after Nvidia became the first firm to achieve a market capitalization of USD4 trillion. This historic milestone sparked a...

Libya starts its first oil exploration tender in more than decade

Libya starts its first oil exploration tender in more than decade

(MENAFN) Libya has initiated its first oil exploration tender since the 2011 uprising that resulted in the removal and death of longtime ruler Muammar Gaddafi, according to reports. An official from the country’s National Oil Corporation (NOC)...

Libyan PM Reaffirms Government’s Commitment to Security Strategy

Libyan PM Reaffirms Government’s Commitment to Security Strategy

(MENAFN) Libyan Prime Minister Abdul Hamid Dbeibeh reaffirmed his government’s commitment to its security strategy, emphasizing that it will not relent in dismantling militias and unauthorized armed groups. In an interview with media, released...

Libyan Premier Vows to Dismantle Unofficial Armed Groups

Libyan Premier Vows to Dismantle Unofficial Armed Groups

(MENAFN) Libyan Prime Minister Abdul Hamid Dbeibeh reaffirmed that his administration remains committed to enforcing its ongoing security strategy and intends to press forward with efforts to dismantle unofficial armed groups and militias. In a...

Libya PM reaffirms government commitment to enforce security strategy

Libya PM reaffirms government commitment to enforce security strategy

(MENAFN) Libya’s Prime Minister Abdul Hamid Dbeibeh has reaffirmed his government’s commitment to enforcing its security strategy and cracking down on militias and unauthorized armed groups operating in the country. Speaking in a televised...

Libya Invites Global Oil Giants

Libya Invites Global Oil Giants

(MENAFN) Libya has initiated its first oil and gas exploration bid since the 2011 NATO-supported revolt that resulted in the overthrow and death of long-time ruler Muammar Gaddafi. According to an official from the country’s National Oil...

Turkey, Chechnya’s fresh stage of economic engagement unfolds

Turkey, Chechnya’s fresh stage of economic engagement unfolds

(MENAFN) A renewed phase of economic engagement is unfolding between Türkiye and Chechnya, according to Turkish businessman Murtaza Karanfil, chairman of the Karanfil Group. “A new era of investment and development is beginning between Chechnya...

Oil tanker blasts off Libyan coast after visiting Russian ports

Oil tanker blasts off Libyan coast after visiting Russian ports

(MENAFN) An oil tanker carrying nearly one million barrels of crude oil exploded off Libya’s coast shortly after leaving Zuetina port and heading toward Gibraltar. The incident occurred on June 27, causing engine room flooding and leaving the...

SOUEAST Accelerates African Strategy with Grand Debut in Libya

SOUEAST Accelerates African Strategy with Grand Debut in Libya

TRIPOLI, Libya, July 03, 2025 (GLOBE NEWSWIRE) -- SOUEAST officially announced its entry into the Libyan market with a grand brand launch ceremony at the Royal Palace of Tripoli. The event commenced with an imaginative visual presentation that...

Greece Deploys Warships Off Libya to Combat Illegal Migration

Greece Deploys Warships Off Libya to Combat Illegal Migration

(MENAFN) Two Greek warships have commenced patrols off the coast of Libya to curb illegal migration, according to local media reports on Monday. The ships' mission focuses on identifying and intercepting the boats and smaller vessels often used by...

EU EXTERNAL PARTNERS: UNHCR calls for urgent funding for refugees in Egypt ― EU co-operation with ‘dodgy’ Libyan authorities continues unabated ― Turkish border guards convicted for torturing and killing migrants

EU EXTERNAL PARTNERS: UNHCR calls for urgent funding for refugees in Egypt ― EU co-operation with ‘dodgy’ Libyan authorities continues unabated ― Turkish border guards convicted for torturing and killing migrants

|Published on: 3rd July 2025|Categories: News| The United Nations Refugee Agency (UNHCR) has issued an urgent appeal for increased international funding to support the rising number of refugees in Egypt. European Commissioner for Internal Affairs...

Explosion Hits Oil Tanker Off Libya

Explosion Hits Oil Tanker Off Libya

(MENAFN) A vessel transporting approximately one million barrels of crude oil has experienced an explosion off Libya’s shoreline. Although the detonation caused serious damage, there have been no reports of injuries or environmental contamination....

Libya’s UN ambassador expresses frustration over UN lack of roadmap

Libya’s UN ambassador expresses frustration over UN lack of roadmap

(MENAFN) Libya’s representative to the United Nations expressed deep disappointment on Tuesday regarding the absence of a concrete UN strategy to advance the political process in the country. Following a briefing to the Security Council by the UN...

Libya Blasts UN Over Stall in Political Roadmap

Libya Blasts UN Over Stall in Political Roadmap

(MENAFN) Libya’s UN envoy, Taher El-Sonni, voiced strong dissatisfaction Tuesday over the continued absence of a defined political roadmap from the United Nations to resolve Libya’s ongoing crisis. Speaking after UN Special Representative Hanna...

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