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Renewable Energy Holding Company collaborates on Libyan solar farming project
via Libya Herald1 min read
The Renewable Energy Holding Company participated in a Tripoli meeting chaired by the Minister of Agriculture and Livestock, Abdul Latif Muhammad Al-Tahir, to discuss providing solar energy systems to farmers. The meeting, which included local and international energy experts and Libyan commercial banks, focused on establishing mechanisms for Sharia-compliant Islamic Murabaha financing. The company highlighted that integrating clean energy into agriculture would reduce production costs and benefit citizens, advocating for a partnership between the Ministry, banks, and specialized firms to develop sustainable projects. This initiative supports the company's strategy to expand renewable energy in key sectors. The meeting concluded with an agreement to finalize a technical and financial proposal to launch the program, positioning the company as a partner in Libya's sustainable agricultural development.
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Libya has exempted Malaysian nationals from requiring an entry visa for stays up to 30 days. This decision, based on the principle of reciprocity, was established under Decree No. 252 of 2026, signed by Prime Minister Abdel Hamid Aldabaiba on June 8.
The Central Bank of Libya CBL announced that a cyber incident reported on June 9 has been fully contained. A source from the CBL stated that comprehensive technical investigations were conducted, yielding significant results, and recovery and system restoration work is continuing according to an approved plan. The CBL has not disclosed the source of the breach and has not commented on social media reports attributing the attack to the Qilin Group, a Russian-speaking cybercriminal organization that claimed responsibility. The Qilin Group reportedly used Qilin ransomware, which encrypts data and demands a ransom for decryption or to prevent data leaks. The CBL source added that technical teams are working to enhance system security and raise the bank's cybersecurity level. Extensive assessments have not detected any confirmed indications of a breach affecting accounts, balances, or financial assets related to the bank's operations or those of related banking entities. The CBL continues to implement stringent security measures to ensure the continuity, stability, and reliability of banking services and maintain confidence in the financial sector. The bank acknowledged the cooperation of security authorities, companies, and technical institutions in addressing the incident and will provide future updates through official channels.
The Libyan Customs Authority announced that officers at the Misrata Free Zone Port Customs Centre intercepted an attempt to smuggle over five tons of suspected cannabis resin into Libya. The operation, supervised by the East Misrata Primary Prosecution Office, led to the seizure of 4,752 packages, locally known as "Qursa," hidden within commercial goods in two containers. Support for the operation came from the Misrata Joint Operations Force, the Misrata Free Zone Administration, the Container Control Programme CCP, and the K9 Unit. A Libyan national suspected of direct involvement has been arrested, and legal proceedings are ongoing.