World News: Political News
Chairman of Libyan Investment Institution expresses regrets for establishing a parrele institution in Tobrouk.
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Tripoli, 24.08.2016(Lana) Chairman of Libyan Investment Institution, Abdulmajeed Brish has expressed regrets over establishing a parallel institution in Tobrouk and appointing a board of trustees. In a statement a copy of which was received by Lana he said concerted efforts were made by Libyan Investment Institution to reach a practical solutions to serve the institutions' interests and the supreme interests of the homeland. However, he said such efforts were aborted due to the intransigence and lack of desire to reach any kind of settlement and lack of. ... Read more
Chairman of Libyan Investment Institution says success of institution can only be realized by presence of people in responsibility positions.
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Tripoli, 24.08.2016(Lana) Chairman of Libyan Investment Institution, Abdulmajeed Brish said success and progress of institution cannot be sustained only in the presence of people in responsibility positions who are capable of understanding and absorbing the difficulties and complexities of managing and running of a sovereign fund with 67 billion dollars. he said this requires follow up of a host of legal cases that are very complicated and the concern that the frozen money of the institution would not fall in the hands of those who wanted to exploit such money to finance... Read more
Europe concern over a vote of no-confidence by House of representatives.
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Brussels, 24.08.2016(Lana) The EU expressed concern Tuesday over the House of Representative's decision of non-confidence vote on the GNA. In a statement the EU said it follows up before hand the political situation in Libya and the critical situation of the non-confidence vote and its political implications. The EU urged the Presidency Council and the parliament with the support of other legitimate Libyan institutions, especially the political accord committee to engage positively to ensure full implementation of the UN mediated political accord signed by Libyan ... Read more
Oil Installations guard deplores House of Representatives decision.
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Aujela, 24.08.2016(Lana) Oil Installations Guard, central sector, deplored House of Representatives' decision with a view to weaken the GNA In statement, it said the House of Representatives has become under the control of group aimed at derailing the political accord, which achieved consensus by the Libyans. The aim of the decision was to put pressure to obtain several ministerial portfolios in any coming government even if it is at the expense of the people and the homeland, it added. In statement, the oil installation guards said such positions indicate a political... Read more
International relief committee offers medicine and medical equipment to Misrata hospital.
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Misrata, 24.08.2016(Lana) Libyan Red Crescent, Misrat branch received Tuesday a shipment of first aid and medical equipment offered by the Relief Committee. Director of the media Office, Ali Al-Ghawial said in a statement to Lana reporter that the aid the first to be offered by the committee. he said the shipment would be distributed to Misrata Emergency Hospital in the coming days. =... Read more