Libyan Central Bank Announces ‘Clearing’ of Public Debt

Tunisia’s Foreign Minister, Mohamed Ali Nafti meets with Stephanie Khoury, acting head of the United Nations Support Mission in Libya. (Tunisian Foreign Ministry)
Tunisia’s Foreign Minister, Mohamed Ali Nafti meets with Stephanie Khoury, acting head of the United Nations Support Mission in Libya. (Tunisian Foreign Ministry)
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Libyan Central Bank Announces ‘Clearing’ of Public Debt

Tunisia’s Foreign Minister, Mohamed Ali Nafti meets with Stephanie Khoury, acting head of the United Nations Support Mission in Libya. (Tunisian Foreign Ministry)
Tunisia’s Foreign Minister, Mohamed Ali Nafti meets with Stephanie Khoury, acting head of the United Nations Support Mission in Libya. (Tunisian Foreign Ministry)

Former Governor of the Central Bank of Libya Sadiq al-Kabir said he is confident of returning to his role at the bank, despite not providing a specific timeline.

Kabir, speaking from self-imposed exile in Istanbul, emphasized the legality of his position and accused the current administration of resorting to intimidation, including arrests and kidnappings of bank staff, to force their return to work.

Kabir also claimed that the bank’s dealings with 30 major international institutions have been suspended.

Meanwhile, the newly appointed Central Bank administration, selected by the Presidential Council, announced that Libya’s public debt has been entirely cleared, reducing it to zero.

In its monthly financial report, covering the period from the start of the year to the end of the previous month, the administration said it aimed to increase transparency and accountability in the bank’s operations.

It highlighted ongoing efforts to improve communication and ensure monetary and financial stability.

Asim al-Hajjaji, the head of compliance at the Central Bank, confirmed that the institution had regained stability with the return of all employees, Italian Nova Agency reported.

He noted that the bank is now focusing on aligning with international standards and boosting transparency, which has helped restore the confidence of international financial institutions.

The new administration is also working to re-establish ties with global banks and financial entities, he underlined.

On the diplomatic front, Tunisia’s Foreign Minister Mohamed Ali Nafti reaffirmed Tunisia’s support for UN-led efforts to resolve the Libyan crisis during a meeting with Stephanie Khoury, acting head of the United Nations Support Mission in Libya.

Tunisia offered to assist in facilitating dialogue and reconciliation efforts aimed at reaching a lasting political solution in Libya.

Khoury expressed her appreciation for Tunisia’s ongoing support and cooperation with the UN mission, emphasizing the country’s role in providing essential assistance to the mediation process.



Türkiye Plans First Overseas Deepwater Drilling in Somalia Next Month

Türkiye Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference 'Energy Security in the World and Türkiye: Risks and Solutions in Critical Minerals' at the Sabanci University Istanbul International Center for Energy and Climate (IICEC), in Istanbul, Türkiye, December 26, 2025. REUTERS/Umit Bektas
Türkiye Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference 'Energy Security in the World and Türkiye: Risks and Solutions in Critical Minerals' at the Sabanci University Istanbul International Center for Energy and Climate (IICEC), in Istanbul, Türkiye, December 26, 2025. REUTERS/Umit Bektas
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Türkiye Plans First Overseas Deepwater Drilling in Somalia Next Month

Türkiye Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference 'Energy Security in the World and Türkiye: Risks and Solutions in Critical Minerals' at the Sabanci University Istanbul International Center for Energy and Climate (IICEC), in Istanbul, Türkiye, December 26, 2025. REUTERS/Umit Bektas
Türkiye Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference 'Energy Security in the World and Türkiye: Risks and Solutions in Critical Minerals' at the Sabanci University Istanbul International Center for Energy and Climate (IICEC), in Istanbul, Türkiye, December 26, 2025. REUTERS/Umit Bektas

Türkiye will send a drilling vessel to Somalia in February to carry out the country's first deepwater exploration project abroad, ‌Energy Minister ‌Alparslan Bayraktar ‌said.

He ‌said the operation with the Cagri Bey vessel will focus on offshore areas ⁠in Somali waters but did not ‍provide ‍details on targeted ‍reserves or investment size.

In 2024, Türkiye signed an energy exploration deal with Somalia. It has been ⁠seeking to diversify its energy sources and reduce reliance on imports, investing in exploration at home and overseas.


Libya Says UK to Analyze Black Box from Crash That Killed General

Military personnel carry portraits of the Libyan chief of staff, General Mohamed al-Haddad (2-R), and his four advisers, who were killed in a plane crash in Türkiye, during an official repatriation ceremony at the Ministry of Defense headquarters in Tripoli, Libya, 27 December 2025. (EPA)
Military personnel carry portraits of the Libyan chief of staff, General Mohamed al-Haddad (2-R), and his four advisers, who were killed in a plane crash in Türkiye, during an official repatriation ceremony at the Ministry of Defense headquarters in Tripoli, Libya, 27 December 2025. (EPA)
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Libya Says UK to Analyze Black Box from Crash That Killed General

Military personnel carry portraits of the Libyan chief of staff, General Mohamed al-Haddad (2-R), and his four advisers, who were killed in a plane crash in Türkiye, during an official repatriation ceremony at the Ministry of Defense headquarters in Tripoli, Libya, 27 December 2025. (EPA)
Military personnel carry portraits of the Libyan chief of staff, General Mohamed al-Haddad (2-R), and his four advisers, who were killed in a plane crash in Türkiye, during an official repatriation ceremony at the Ministry of Defense headquarters in Tripoli, Libya, 27 December 2025. (EPA)

Libya said on Thursday that Britain had agreed to analyze the black box from a plane crash in Türkiye on December 23 that killed a Libyan military delegation, including the head of its army.

General Mohammed al-Haddad and four aides died after a visit to Ankara, with Turkish officials saying an electrical failure caused their Falcon 50 jet to crash shortly after takeoff.

Three crew members, two of them French, were also killed.

The aircraft's black box flight recorder was found on farmland near the crash site.

"We coordinated directly with Britain for the analysis" of the black box, Mohamed al-Chahoubi, transport minister in the Government of National Unity (GNU), said at a press conference in Tripoli.

Haddad was very popular in Libya despite deep divisions between west and east.

Haddad was chief of staff for the Tripoli-based GNU.

Chahoubi told AFP a request for the analysis was "made to Germany, which demanded France's assistance" to examine the aircraft's flight recorders.

"However, the Chicago Convention stipulates that the country analyzing the black box must be neutral," he said.

"Since France is a manufacturer of the aircraft and the crew was French, it is not qualified to participate. The United Kingdom, on the other hand, was accepted by Libya and Turkey."

After meeting the British ambassador to Tripoli on Tuesday, Foreign Minister Taher al-Baour said a joint request had been submitted by Libya and Türkiye to Britain "to obtain technical and legal support for the analysis of the black box".

Chahoubi told Thursday's press briefing that Britain "announced its agreement, in coordination with the Libyan Ministry of Transport and the Turkish authorities".

He said it was not yet possible to say how long it would take to retrieve the flight data, as this depended on the state of the black box.

"The findings will be made public once they are known," Chahoubi said, warning against "false information" and urging the public not to pay attention to rumors.


STC Says Handing over Positions to National Shield Forces in Yemen's Hadhramaut, Mahra

National Shield forces in Hadhramaut. (National Shield forces)
National Shield forces in Hadhramaut. (National Shield forces)
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STC Says Handing over Positions to National Shield Forces in Yemen's Hadhramaut, Mahra

National Shield forces in Hadhramaut. (National Shield forces)
National Shield forces in Hadhramaut. (National Shield forces)

Southern Transitional Council (STC) forces in Yemen began on Thursday handing over military positions to the government’s National Shield forces in the Hadhramaut and al-Mahra provinces in eastern Yemen.

Local sources in Hadhramaut confirmed to Asharq Al-Awsat that the handover kicked off after meetings were held between the two sides.

Speaking on condition of anonymity, the sources said the National Shield commanders met with STC leaderships to discuss future arrangements. The sourced did not elaborate, but they confirmed that Emirati armored vehicles, which had entered Balhaf port in Shabwah were seen departing on a UAE vessel, in line with a Yemeni government request.

The National Shield is overseen by Presidential Leadership Council (PLC) Chairman Dr. Rashad al-Alimi.

A Yemeni official described Thursday’s developments as “positive” step towards uniting ranks and legitimacy against a common enemy – the Houthi groups.

The official, also speaking on condition of anonymity, underscored to Asharq Al-Awsat the importance of “partnership between components of the legitimacy and of dialogue to resolve any future differences.”

Meanwhile, on the ground, Yemeni military sources revealed that some STC forces had refused to quit their positions, prompting the forces to dispatch an official to Hadhramaut’s Seiyun city to negotiate the situation.