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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)
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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.

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Arab World

Israeli Fire Kills Six-Year-Old Girl and a Woman in Gaza, Medics Say

Mourners grieve for six-year-old Palestinian girl Menna Abu Labda, who was killed following Israeli bombardment, outside Nasser Medical Complex in Khan Younis in the southern Gaza Strip on May 25, 2026. (AFP)
Mourners grieve for six-year-old Palestinian girl Menna Abu Labda, who was killed following Israeli bombardment, outside Nasser Medical Complex in Khan Younis in the southern Gaza Strip on May 25, 2026. (AFP)
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Israeli Fire Kills Six-Year-Old Girl and a Woman in Gaza, Medics Say

Mourners grieve for six-year-old Palestinian girl Menna Abu Labda, who was killed following Israeli bombardment, outside Nasser Medical Complex in Khan Younis in the southern Gaza Strip on May 25, 2026. (AFP)
Mourners grieve for six-year-old Palestinian girl Menna Abu Labda, who was killed following Israeli bombardment, outside Nasser Medical Complex in Khan Younis in the southern Gaza Strip on May 25, 2026. (AFP)

An Israeli airstrike on a tent in the southern Gaza Strip on Monday killed two people including a six-year-old girl and wounded 17 other people, including children, Palestinian health officials said.

Medics said the Israeli airstrike on a tent encampment of displaced families in the Mawasi area of Khan Younis, in the south of the ‌enclave, had ‌killed six-year-old Mennatallah Abu Libda and ‌a ⁠31-year-old woman, Hanan ⁠Mahmoud.

The attack was carried out by two helicopters, witnesses said.

The Israeli military told Reuters it had struck fighters in the area but provided no further information.

An October ceasefire, brokered by US President Donald Trump, ⁠has failed to halt Israeli ‌attacks in Gaza, ‌with Israel and Hamas deadlocked in indirect talks over ‌implementing the second phase of the deal, ‌which includes the group's disarmament and Israeli army withdrawals.

The ceasefire left Israel in control of more than half of Gaza, with Hamas ‌controlling a sliver of territory along the coast.

Some 900 Palestinians have been ⁠killed ⁠in Israeli strikes since the truce came into effect, according to figures from Gaza health officials that do not distinguish between combatants and civilians.

Four Israeli soldiers have been killed by fighters during the same period, the country's military has said.

Hamas does not disclose figures for casualties among its fighters. Israel says its post-ceasefire strikes are aimed at preventing attacks or stopping people from approaching its armistice line with Hamas.

Arab World

Lebanon President Says Israeli Withdrawal 'Non-negotiable'

FILED - 16 February 2026, Lebanon, Beirut: Lebanese President Joseph Aoun speaks during a press conference. Photo: Markus Lenhardt/dpa
FILED - 16 February 2026, Lebanon, Beirut: Lebanese President Joseph Aoun speaks during a press conference. Photo: Markus Lenhardt/dpa
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Lebanon President Says Israeli Withdrawal 'Non-negotiable'

FILED - 16 February 2026, Lebanon, Beirut: Lebanese President Joseph Aoun speaks during a press conference. Photo: Markus Lenhardt/dpa
FILED - 16 February 2026, Lebanon, Beirut: Lebanese President Joseph Aoun speaks during a press conference. Photo: Markus Lenhardt/dpa

Lebanese President Joseph Aoun on Monday said Israel's withdrawal from the country's south was a "non-negotiable" demand that authorities would pursue through negotiations, days ahead of a new round of talks in Washington.

In a statement commemorating Israel's previous withdrawal from south Lebanon in 2000 after some two decades of occupation, Aoun said that "this year, the anniversary of the liberation comes as Lebanon is weighed down by a painful reality."

"Israeli attacks have not stopped and our dear southern villages are still suffering under a renewed occupation," he said.

Israeli troops who invaded Lebanon during the latest war with Hezbollah began on March 2 are operating inside a self-declared "yellow line" running around 10 kilometers (six miles) deep inside Lebanese territory.

Israel's military has also been conducting heavy strikes well beyond that area despite a ceasefire supposed to be in force since April 17.

"Lebanon will not accept this reality," Aoun said.

"The path to a full Israeli withdrawal will remain an uncompromised, constant national demand that the Lebanese state works to achieve through the option of negotiations," he added.

Lebanon and Israel began landmark US-brokered talks last month and are preparing for a fourth round in early June, preceded by a meeting between military delegations at the Pentagon on May 29.

Hezbollah chief Naim Qassem on Sunday reiterated his opposition to the direct talks with Israel and his group's refusal to disarm, as it keeps up attacks on Israeli targets in south Lebanon and across the border.

"If this government is incapable of guaranteeing sovereignty, it should go," Qassem said, adding: "Where is the sovereignty if America runs the cogs of the Lebanese state?"

Aoun said that negotiations were "neither a concession nor a surrender".

"The liberation of the south is a duty borne by the state with the support of its people," the president added.

Lebanese authorities have committed to disarming Hezbollah and they prohibited its military activities after it drew Lebanon into the Middle East war with rocket fire at Israel, in retaliation for strikes that killed Iran's supreme leader.

On Sunday, US Secretary of State Marco Rubio condemned what he called Hezbollah's "reckless call to overthrow Lebanon's democratically elected government", accusing it of "actively trying to drag Lebanon back into chaos and destruction."

Qassem had said that "the people have the right to go down onto the streets and to bring down the government" in response to Israeli attacks and US sanctions on the Hezbollah-linked Al-Qard Al-Hassan financial institution, which Washington wants Beirut to shut down.

Arab World

Sources to Asharq Al-Awsat: New Syrian Parliament to Convene on June 8

People walk past the parliament building in Damascus on October 1, 2025. (AFP)
People walk past the parliament building in Damascus on October 1, 2025. (AFP)
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Sources to Asharq Al-Awsat: New Syrian Parliament to Convene on June 8

People walk past the parliament building in Damascus on October 1, 2025. (AFP)
People walk past the parliament building in Damascus on October 1, 2025. (AFP)

Syria’s new parliament will hold its first session on the preliminary date of June 8 after the approval of President Ahmed al-Sharaa's final share of seats in the legislature, sources told Asharq Al-Awsat.

The president boasts 70 seats in the 210-member parliament.

The sources said the final list of the share is being finalized with some amendments expected if some of the lawmakers, who won in recent elections, are unable to assume their duties.

The list includes figures from across Syrian segments. Efforts were made to “fill gaps” that were a result of the elections to raise the level of representation of major cities that have high populations.

Efforts were also sought to increase the number of females in parliament.

The statements mean that the president’s share was subject to negotiations with the Kurdish Syrian Democratic Forces (SDF). They revealed that the government agreed to “appeasing” the Kurdish forces by raising the level of parliamentary representation of the eastern region.

They spoke of the possibility of raising to more than ten representatives of eastern regions that used to be held by the SDF. Representation could also be increased in Manbij east of Aleppo through a presidential appointment. The same could apply for the two Ghouta regions in the Damascus countryside and for Druze and Christian segments.

Asharq Al-Awsat also learned that some members of the parliament may propose changing the official name of the legislature, known as the “People’s Assembly” that is associated with the ousted Assad regime, to “Syrian parliament”.

Such a change requires the approval of the majority of MPs, which is already available, said the sources.