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The Arab World

Libya sovereign fund assets must remain frozen

One of the would-be chairmen of Libya's $67 billion sovereign wealth fund said Monday that it would be wrong to unfreeze the fund's assets following last week's agreement to form a national unity government. AbdulMagid Breish, one of two rival chairmen of the Libyan Investment Authority (LIA),...

Ex-president's new party seeks to avert Tunisia 'catastrophe'

Former Tunisian president Moncef Marzouki has warned of a "catastrophic" situation in his country, plagued by poverty and extremists, as he launches a new party a year after his election defeat. The 70-year-old neurologist applied to form the new grouping Thursday, the fifth anniversary of the...

Russia says no plans to bomb Islamic State targets in Libya

Russia has no plans to carry out air strikes in Libya, a stronghold of Islamic militants, Russian Foreign Minister Sergei Lavrov said on Friday. "This is not in our plans. We have had no requests of this kind from the government of Libya ... and there is no government of Libya as...