News Roundup – Sat, Apr 8, 2017 – The Libya Observer

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Benghazi Defense Brigades said they would hand over Jufra Airbase in central Libya to the General Staff of Armed Forces of "UN-installed Presidency Council." The BDB added their forces have been relocated in other camps, which they did not specify. They also confirmed that their battle against Dignity Operation forces would continue until they return to Benghazi.

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The National Oil Corporation (NOC) and the Banque Marocaine du Commerce Extrieur (BMCE) signed a Memorandum of Understanding (MoU) to cooperate in banking services delivered to the NOC, investigations, projects funding, and other research and financial studies related to businesses that wish to register at the NOC.

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The UN-proposed government's financial minister, Osama Hamid, and France's financial and economy minister, Michel Sapin, discussed partially lifting the freezing of Libyan assets to cover the expected deficit in the 2017 budget. The meeting came on the sidelines of (5+5) ministerial meeting for financial ministers in Malta.

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The UN-proposed government's interior minister, Aref Al-Khouja met in Tunisia with the Canadian ambassador to Libya, David Sproule, on the margins of the 43th Arab interior ministers meeting. They both discussed cooperation in training, development projects, security procedures in Libya and other issues of mutual interests.

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Libyan commerce and development bank denied the rumors that said it had gone bankrupt, vowing to sue those who spread such a rumor. It added that it is trying to do whatever it takes to solve the cash crisis via electronic services (Pay for me and touristic checks) provided to citizens and businesspersons alike, reaching about a quarter of a billion dinars

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The spokesman of Al-Bunyan Al-Marsoos, Mohammed Al-Ghasri, has confirmed that the escaping IS militants who managed to leave Sirte after it had been liberated have been spotted in southern Libya. Al-Ghasri added that their forces will bring those diehards down sooner than later, adding that they are trying to regroup in the south.

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GECOL has signed a Memorandum of Understanding (MoU with METKA Group from Greece in the presence of the US firm GE that aims at implementing Tobruk power plant with four turbine units (736 megawatts). The contract is going to be signed in the few coming days in Tobruk city. The new power plant aims to alleviate the suffering of the eastern region, where long hours of power outage continue to take place day in and day out.

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News Roundup - Sat, Apr 8, 2017 - The Libya Observer

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