作者: admin

  • Libya signs $20bn oil deals with US and French energy companies

    Libya signs $20bn oil deals with US and French energy companies

    In a significant move to revitalize its energy sector, Libya’s Tripoli-based Government of National Unity has finalized a monumental 25-year oil development pact with global energy titans TotalEnergies and ConocoPhillips. The agreement, signed during an economic summit in the capital, targets a substantial expansion of the Waha Oil Company, a subsidiary of Libya’s National Oil Corporation (NOC).

    The cornerstone of the deal is a $20 billion investment package designed to more than double Waha’s current output from approximately 350,000 barrels per day (bpd) to a projected 850,000 bpd. This ambitious plan involves the development of four new oil fields and an extensive exploration program across 19 concession areas. Libyan Prime Minister Abdul Hamid al-Dbeibah heralded the partnership on social media platform X, projecting over $376 billion in state revenue over the next quarter-century and characterizing it as a ‘qualitative and unique achievement’ that strengthens ties with major global energy players.

    The signing ceremony also featured a separate logistics and exploration agreement with Chevron and Egypt, underscoring a broader international re-engagement with Libya’s energy wealth. The presence of U.S. Special Presidential Envoy Massad Boulos, whose family connections to former President Trump have drawn scrutiny, lent diplomatic weight to the proceedings. The U.S. Embassy in Libya issued a statement praising the expanded Waha Consortium as evidence of ‘deepening collaboration’ between the two nations.

    This massive investment represents a potent vote of confidence in the Dbeibah administration from Western governments and corporations, despite Libya’s protracted political instability. The country, which possesses Africa’s largest oil reserves, has seen international investment dwindle since the 2011 NATO-backed uprising that ousted Muammar Gaddafi. The nation subsequently fractured, with eastern Libya currently under the control of military commander Khalifa Haftar and his sons, who are courting support from various international patrons including the UAE and Turkey.

    Analysts note the deals signal a pragmatic shift in the complex proxy conflicts that have defined post-Gaddafi Libya, with foreign governments and local elites increasingly prioritizing economic interests over rigid political alliances. This realignment is further illustrated by Egypt’s engagement with the Tripoli government despite its ongoing disputes with the Haftar family over the latter’s alleged support for the Rapid Support Forces in Sudan.

    The involvement of Envoy Boulos has attracted particular attention following previous reports by Middle East Eye and The New York Times concerning discussions about unlocking frozen Libyan assets for U.S. investments and his family’s social connections to figures with interests in the region’s oil sector.

  • Award winning Islamic Finance leader joins ComTech Gold

    Award winning Islamic Finance leader joins ComTech Gold

    In a strategic move poised to reshape the landscape of digital Islamic finance, ComTech Gold has secured the expertise of internationally acclaimed Islamic finance leader Lim Say Cheong as Chief Advisor for Digital Assets and Islamic Finance. This appointment signals the company’s determined push to establish global leadership in Shariah-compliant real-world asset tokenization.

    The recruitment arrives at a transformative juncture for the $6 trillion global Islamic finance sector, which is increasingly embracing blockchain technology, tokenization frameworks, and digital asset infrastructure. This shift toward technological integration aims to enhance transparency, operational efficiency, and financial inclusion across Muslim-majority markets and beyond.

    Lim brings an exceptional portfolio of credentials to his new role, including receipt of the prestigious 2025-2026 Chevening and Oxford Centre for Islamic Studies Fellowship, awarded by the UK Government in recognition of his pioneering work in financial innovation. His industry stature is further cemented by the Cambridge Islamic Finance Leadership Award, which honored his global impact in advancing Islamic capital markets and public sector advisory services.

    With professional experience spanning more than fifty international Sukuk issuances for sovereign and corporate entities including Hong Kong, the United Kingdom, Dubai, and Emaar Properties, Lim possesses unparalleled expertise in Islamic finance structuring. His advisory roles have extended to central banks and governmental institutions such as the National Bank of Kazakhstan and Bangladesh Bank, while his leadership positions at Al Hilal Bank and Noor Islamic Bank have established him as a transformative figure in the industry.

    Jignesh Ve, Founder and CEO of ComTech Gold, emphasized the significance of this appointment: “Lim combines sovereign advisory credibility with visionary digital innovation. His leadership will position tokenized gold as the natural evolution of Shariah-compliant investment—fully asset-backed, transparent, and globally accessible.”

    In his capacity as Chief Advisor, Lim will spearhead the development of Shariah-compliant tokenization frameworks for gold, real estate, and infrastructure assets. He will also enhance regulatory engagement with Islamic finance authorities and digital asset regulators worldwide while supporting ComTech Gold’s strategic expansion across the GCC, Europe, Central Asia, and Southeast Asia.

    Commenting on his new role, Lim stated: “Gold tokenization represents the natural convergence of Islamic finance and blockchain technology, both anchored in real assets, transparency, and ethical principles. Through tokenizing fully allocated physical gold, we’re creating fractional, tradable investments that appeal not only to Muslim investors but to anyone seeking credible, asset-backed value in the digital economy.”

    Lim’s academic credentials include an Executive MBA from INSEAD Business School in France and an Advanced Diploma in Islamic Finance from CIMA, complemented by executive education programs at Wharton, Oxford, Cambridge, and Columbia University. His practical experience in building Islamic banking platforms from the ground up and transforming institutions into top-tier Sukuk arrangers positions him uniquely to advance ComTech Gold’s global ambitions.

  • Trump says he is sending White House border czar to Minnesota

    Trump says he is sending White House border czar to Minnesota

    President Donald Trump announced Monday the immediate deployment of White House border czar Tom Homan to Minnesota, responding to growing civil unrest following two separate fatal shootings involving federal immigration officers within the state this month.

    The decision, communicated through Trump’s Truth Social platform, comes amid escalating political tensions between the administration and Democratic leadership. The president simultaneously revealed an ongoing investigation into what he characterized as ‘massive’ welfare fraud in Minnesota, which he suggested was ‘at least partially responsible for the violent organized protests’ occurring throughout the state.

    The deployment follows Sunday’s sharp criticism from former Democratic presidents Barack Obama and Bill Clinton regarding the federal government’s handling of immigration enforcement operations. The political condemnation emerged after two U.S. citizens lost their lives in separate incidents involving federal officers in Minneapolis.

    The first tragedy occurred on January 7 when Immigration and Customs Enforcement (ICE) officers shot and killed 37-year-old Renee Good during an operation targeting undocumented immigrants. The incident ignited nationwide protests against perceived excessive force in immigration enforcement.

    Tensions further escalated Saturday when a U.S. Border Patrol agent fatally shot another 37-year-old American citizen, Alex Pretti, under similar circumstances.

    Minnesota Governor Tim Walz has vehemently criticized federal operations, describing them as creating chaos within communities and formally requesting the immediate termination of ICE activities within state boundaries.

    In a notable shift from previous rhetoric, Trump indicated Monday that he had a ‘very good call’ with Governor Walz, suggesting both leaders were ‘on a similar wavelength’ regarding resolution efforts, despite earlier claims that Democratic policies had directly caused ‘Democrat-ensued chaos.’

  • ‘Oh my gosh’: Cruel reason Josh Giddey’s 25m shot didn’t count for the Bulls

    ‘Oh my gosh’: Cruel reason Josh Giddey’s 25m shot didn’t count for the Bulls

    Australian basketball sensation Josh Giddey has once again captured global attention with an extraordinary long-range shot during the Chicago Bulls’ matchup against the Los Angeles Lakers. However, the spectacular 25-meter heave that would have ranked among the longest in NBA history was controversially nullified due to a prior timeout call.

    The dramatic moment occurred with just four minutes remaining in Tuesday’s contest at the United Center in Chicago, where Giddey launched an seemingly effortless shot from approximately 82 feet that cleanly found the net. The astonishing basket evoked immediate comparisons to his game-winning three-pointer against the same Lakers team last March in one of the most memorable finishes of the previous season.

    NBA officials confirmed the shot’s invalidation as Chicago had already requested a timeout moments before Giddey’s release. The ruling prevented what would have been the sixth-longest made basket in league history, falling just short of Baron Davis’ record 89-foot (27m) achievement from 2001.

    Broadcast commentators captured the surreal moment with exclamations of “Oh my gosh, magic Giddey again!” and noted the player’s particular affinity for dramatic performances against the Lakers franchise.

    Despite the disappointment, Giddey delivered an impressive individual performance with 19 points, 6 rebounds, and 7 assists coming off the bench in his third game returning from a hamstring injury. The Bulls ultimately fell 129-118 to the Lakers, who were led by Luka Dončić’s spectacular 46-point showcase.

    The return of Giddey provides crucial reinforcement for Chicago as they battle to secure automatic playoff qualification in the Eastern Conference and avoid the play-in tournament positioning.

  • UN welcomes last Gaza hostage remains return, urges ceasefire implementation

    UN welcomes last Gaza hostage remains return, urges ceasefire implementation

    The United Nations has issued a renewed call for the complete implementation of ceasefire arrangements in Gaza following the recovery of remains belonging to the last Israeli hostage held in the territory. This development marks a significant milestone after more than two years of devastating conflict that has gripped the region.

    UN Secretary-General Antonio Guterres’ spokesman, Stephane Dujarric, addressed reporters on Monday, expressing both acknowledgment of the recovery and condolences to the affected family. ‘We welcome reports on that development and extend our condolences to his family,’ Dujarric stated during the briefing. He emphasized that ‘the full implementation of the ceasefire arrangements in Gaza is absolutely critical’ for establishing lasting peace and facilitating recovery efforts.

    The statement comes as diplomatic efforts intensify to solidify the fragile ceasefire that has been in place, with international observers monitoring the situation closely. The recovery of the final hostage’s remains represents a symbolic closure to one chapter of the conflict while highlighting the urgent need for comprehensive humanitarian assistance and reconstruction in the devastated territory.

    UN officials have stressed that without complete adherence to the agreed ceasefire terms, the risk of renewed hostilities remains substantial. The organization continues to advocate for sustained diplomatic engagement between all parties involved to ensure stability and address the underlying issues that have fueled the prolonged conflict.

  • Trump in trouble on immigration, as signature issue turns deadly

    Trump in trouble on immigration, as signature issue turns deadly

    President Donald Trump’s aggressive immigration enforcement strategy, once hailed as the cornerstone of his second-term agenda, now threatens to become a significant political liability following deadly shootings in Minneapolis. The fatal shooting of nurse Alex Pretti marks the second U.S. citizen killed this month during protests against militarized immigration raids, generating widespread public outrage and forcing the administration into a defensive position.

    Recent polling data reveals growing discomfort with the administration’s methods, even among traditional Republican supporters. A Siena/New York Times poll indicates 61% of Americans believe ICE tactics have ‘gone too far,’ while a subsequent YouGov survey shows 46% now support abolishing the agency entirely. This shift in public sentiment has alarmed Republican strategists ahead of crucial midterm elections.

    The backlash has extended to Trump’s allies, with influential voices like podcaster Joe Rogan comparing ICE raids to Nazi Germany’s Gestapo and Texas Governor Greg Abbott urging a recalibration of approach in Minnesota. In response, Trump has dispatched border officials to the state and adopted a more conciliatory tone with local Democratic leaders.

    Beyond immigration, Trump faces declining approval on multiple fronts. Polls show eroding support among key demographic groups that secured his 2024 victory, including Hispanic, Black, and young voters. A Pew Research Center survey reveals 65% of Hispanic voters reject his anti-immigration policies, while 61% express dissatisfaction with his economic approach.

    The political fallout has already manifested in Minnesota’s gubernatorial race, where Republican Chris Madel withdrew, citing national Republicans making statewide victories ‘nearly impossible.’ With control of Congress hanging in the balance, Republican lawmakers find themselves torn between their MAGA base and growing mainstream opposition to the administration’s enforcement methods.

  • Italy summons Israeli ambassador over Ramallah incident

    Italy summons Israeli ambassador over Ramallah incident

    The Italian government has formally summoned Israel’s ambassador to Rome following a serious security incident involving two Italian carabinieri officers near the occupied West Bank city of Ramallah. The diplomatic confrontation emerged after Foreign Minister Antonio Tajani demanded immediate clarifications regarding Sunday’s event where Italian security personnel faced armed intimidation.

    According to official statements from Italy’s foreign ministry, the two officers—stationed at Italy’s consulate general in Jerusalem—were conducting official duties in Palestinian territory adjacent to Ramallah when an individual identified as a ‘settler’ intercepted them while brandishing an automatic rifle. The armed confrontation represents a significant breach of diplomatic security protocols.

    Minister Tajani personally instructed the summoning of Israeli Ambassador Alon Bar to convey Italy’s formal protest and seek comprehensive explanations regarding the alarming incident. During the meeting, Italian authorities expressed their “strong disapproval” of the event and emphasized growing concerns about escalating violence by settlers in the West Bank region.

    In parallel diplomatic channels, Italy’s embassy in Tel Aviv lodged an additional formal protest, underscoring the seriousness with which Rome views the security of its diplomatic personnel. The incident occurs against a backdrop of increasing international attention on settler activities in occupied territories, with several nations previously expressing concerns about destabilizing actions that threaten regional stability and diplomatic operations.

    The diplomatic démarche represents one of the most direct confrontations between Italy and Israel regarding security matters in recent years, potentially affecting bilateral cooperation frameworks. Both governments are expected to continue discussions through diplomatic channels to prevent similar incidents and ensure the safety of foreign diplomatic personnel operating in contested territories.

  • Immigration chief departing Minneapolis as Trump sends border tsar Tom Homan to scene

    Immigration chief departing Minneapolis as Trump sends border tsar Tom Homan to scene

    MINNEAPOLIS – The Trump administration is recalibrating its immigration enforcement strategy in Minneapolis following the fatal shooting of a second U.S. citizen by federal officers, a development that has ignited widespread public fury and political condemnation.

    In a significant operational shift, Border Patrol Commander Gregory Bovino is departing the city amid escalating tensions. His replacement, former Immigration and Customs Enforcement (ICE) Director Tom Homan, will now lead on-the-ground efforts. This move signals a potential de-escalation after Saturday’s shooting of 37-year-old Alex Pretti, an ICU nurse who was filming agents during a raid, resulted in his death from multiple gunshot wounds.

    The Department of Homeland Security maintains that agents acted in self-defense, claiming Pretti resisted disarmament while possessing a handgun. This account has been vehemently disputed by eyewitnesses, local officials, and Pretti’s family, who assert he was holding a mobile phone, not a weapon. His parents have publicly accused the administration of propagating ‘sickening lies’ about the incident.

    Commander Bovino had become a polarizing figure prior to the shooting, actively promoting the administration’s hardline approach through social media videos of raids. His inflammatory remarks following Pretti’s death—claiming the victim intended to ‘massacre’ federal agents—further intensified community outrage.

    The shooting marks the second fatal encounter in weeks, following the January 7th killing of Renee Nicole Good by ICE agents. With over 3,000 immigration personnel currently deployed in the city, residents report living in a state of fear. ‘People aren’t able to work right now, they aren’t able to leave their house, they’re afraid,’ testified George Cordero, a St. Paul resident.

    In a potential breakthrough, President Trump held discussions with Minnesota Governor Tim Walz and Minneapolis Mayor Jacob Frey—both Democratic critics of the immigration crackdown. The conversations, described as positive by all parties, explored pathways to reduce federal presence and ensure an independent state investigation into Pretti’s death.

    Meanwhile, public demonstrations and memorials for Pretti continued throughout Monday, with additional vigils planned amid growing calls for accountability and policy reform.

  • Starmer says he won’t ‘choose between’ the US or China

    Starmer says he won’t ‘choose between’ the US or China

    In a significant diplomatic move, British Prime Minister Sir Keir Starmer has articulated a foreign policy approach that refuses to prioritize relationships with either the United States or China, marking a departure from binary Cold War-era thinking. The announcement comes as the Prime Minister prepares for the first official visit by a UK leader to Beijing in eight years, with dozens of British business executives joining the delegation.

    Speaking exclusively to Bloomberg News, Sir Keir emphasized that maintaining “close ties” with the United States on business, security, and defense matters remains paramount while simultaneously pursuing economic opportunities with China, the world’s second-largest economy. “I’m often invited to simply choose between countries. I don’t do that,” stated the Prime Minister, drawing parallels to his previous stance during US trade deal negotiations when he similarly rejected choosing between America and Europe.

    The timing of this diplomatic mission follows recent transatlantic tensions, including President Donald Trump’s threats to impose tariffs on allies who opposed his Greenland territorial ambitions and his controversial remarks about NATO troop deployments in Afghanistan. Additionally, Trump’s warning of 100% tariffs on Canadian goods if Canada pursued trade agreements with China highlighted the increasingly complex geopolitical landscape.

    Sir Keir addressed national security concerns directly, particularly relevant following the UK’s controversial approval of a massive new Chinese embassy in London despite warnings it could facilitate espionage activities. “They understand the opportunities that there are… That does not mean compromising on national security – quite the opposite,” the Prime Minister noted regarding the business delegation accompanying him.

    The Prime Minister characterized previous UK-China relations as inconsistent, swinging from a “golden age” to an “Ice Age,” and explicitly rejected this polarized approach. However, he indicated that his engagement would not avoid difficult conversations, specifically mentioning intentions to raise human rights concerns including the case of Jimmy Lai, the British citizen and Hong Kong pro-democracy publisher convicted of colluding with foreign forces.

    This position has drawn criticism from prominent China hawks, including Lord Chris Patten, the last British governor of Hong Kong, who described such diplomatic approaches as “pathetic” if human rights discussions were treated as secondary concerns. Patten argued that British policy toward China had historically rested on the “falsehood” that business relations required avoiding uncomfortable topics.

    The Prime Minister’s visit, encompassing both Beijing and Shanghai, represents a strategic effort to stabilize UK-China relations while maintaining critical Western alliances, reflecting what Sir Keir previously described as necessary to avoid a “dereliction of duty” in navigating complex international relationships.

  • Qatar launches joint military exercise with UAE, GCC countries, US special units

    Qatar launches joint military exercise with UAE, GCC countries, US special units

    Qatar has inaugurated a comprehensive multinational military exercise, ‘Arabian Gulf Security 4,’ bringing together security forces from Gulf Cooperation Council (GCC) member states alongside specialized units from the United States. The exercise, launched on January 26 under the patronage of Sheikh Khalifa bin Hamad bin Khalifa Al Thani, Qatar’s Minister of Interior and Commander of the Internal Security Force ‘Lekhwiya,’ represents a significant enhancement of regional security cooperation.

    The extensive training operation, scheduled to continue through February 4, features an ambitious program of over 70 field scenarios encompassing more than 260 training hours. These exercises are designed to simulate complex security challenges including counter-terrorism operations, organized crime response, emergency management, and critical facility protection. The program also emphasizes command and control operations with coordinated responses between specialized operations rooms.

    Senior security officials from across GCC nations attended the inauguration, including heads of the exercise’s higher committees and commanders of participating agencies. Brigadier Abdulaziz Ahmad Al Hajri, Commander of the UAE security force participating in the exercise, emphasized that the UAE’s involvement demonstrates its commitment to strengthening Gulf security cooperation frameworks and enhancing joint readiness against diverse threats.

    ‘The Arabian Gulf Security exercise provides a crucial platform to evaluate operational plans, improve the proficiency of participating forces, and facilitate expertise exchange among Gulf and partner security agencies,’ stated Brigadier Al Hajri. The exercise is recognized as one of the most prominent training initiatives within the Gulf security architecture, offering a realistic operational environment that promotes unified operational concepts and enhances coordinated response capabilities to emerging security challenges across the region.