Saudi Arabia has welcomed the outcomes of a significant meeting orchestrated by the League of Arab States, aimed at uniting Libyan leadership figures, including the President of the Presidential Council, the Speaker of the House of Representatives, and the President of the Supreme Council of State.
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Libyan Prime Minister Abdul Hamid Dbeibeh held talks on Saturday with Saudi Defense Minister Khalid bin Salman Al Saud on the margins of the second meeting of the Islamic Military Counter-terrorism Coalition in Riyadh.
Libya and Saudi Arabia have signed the Hajj Agreement Protocol for the year 2024, as part of the current arrangement for operating Libyan flights.
Oil prices fell by more than 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, according to Reuters.
Dec 6 (Reuters) – Oil prices were steady on Wednesday, as investors weighed the effectiveness of an extension in OPEC+ cuts, Reuters reported.
Oil prices edged higher on Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the seventh straight week of gains, the longest such streak since 2022, Reuters reported.
Oil prices rose more than a dollar a barrel on Friday to record a sixth consecutive week of gains, after top producers Saudi Arabia and Russia extended supply cuts through September, adding to undersupply concerns, Reuters reported.
Saudi Foreign Minister Prince Faisal bin Farhan met Libyan counterpart Najla Mangoush in Jeddah on Wednesday.
A delegation from the Saudi Ministry of Foreign Affairs arrived in the Libyan capital, Tripoli, yesterday to discuss arrangements for the reopening of Riyadh’s embassy, which has been closed since 2014.
The Saudi Foreign Minister, Prince Faisal bin Farhan bin Abdullah, affirmed the Kingdom’s support for the Libyan-Libyan solution under the auspices of the United Nations, calling for the need to stop foreign interference in Libyan affairs.