Martyrs' Square in the Libyan capital Tripoli. AFP
Martyrs' Square in the Libyan capital Tripoli. AFP
Martyrs' Square in the Libyan capital Tripoli. AFP
Martyrs' Square in the Libyan capital Tripoli. AFP

Libya's Supreme Council elects new leader, causing political uncertainty


Soraya Ebrahimi
  • English
  • Arabic

Libya's Supreme Council of State elected a new leader on Sunday, in a development that could further fracture a country already split between two rival administrations.

Separate from both governments and based in the capital of Tripoli, members of one of the country's top governing bodies voted for Mohamed Takala to become its new leader.

Mr Takala will take over from former head Khaled El-Meshri, a powerful figure who had been key in negotiations over the country's election laws.

The voting and count were streamed live on local Libyan news channels. The final count was 67 to 62 in favour of Mr Takala.

The council did not immediately issue any statements about the outcome of the election.

The introduction of a new leader at the helm of a key political institution could add more uncertainty to the country's already deeply divided politics.

The international community and the UN have repeatedly said that nationwide elections are key to ending the country's decade-long power vacuum.

But for years, rival leaders have failed to agree on election laws that would set the terms of that vote.

Ten years after the Benghazi attacks - in pictures

  • The popular market in the centre of Benghazi bears the marks of years of fighting to oust armed extremist groups from Libya's second city. Photos: Khalil Al-Barghathi
    The popular market in the centre of Benghazi bears the marks of years of fighting to oust armed extremist groups from Libya's second city. Photos: Khalil Al-Barghathi
  • The headquarters of the Bank of Commerce and Development in the Al Sabri neighbourhood, one of the areas damaged most in the fighting.
    The headquarters of the Bank of Commerce and Development in the Al Sabri neighbourhood, one of the areas damaged most in the fighting.
  • The US Embassy street in Benghazi. The embassy building remains empty despite being rebuilt following the September 11 attack in 2012.
    The US Embassy street in Benghazi. The embassy building remains empty despite being rebuilt following the September 11 attack in 2012.
  • The Court, Passports and Nationality building on the Benghazi Corniche.
    The Court, Passports and Nationality building on the Benghazi Corniche.
  • The Italian Embassy building in the centre of Benghazi.
    The Italian Embassy building in the centre of Benghazi.
  • Damaged bank and commercial buildings in the Al Sabri area of Benghazi. Thousands of homes in the neighbourhood were also destroyed by fighting.
    Damaged bank and commercial buildings in the Al Sabri area of Benghazi. Thousands of homes in the neighbourhood were also destroyed by fighting.
  • Damaged residential buildings on Al Mahdawi Street in Benghazi.
    Damaged residential buildings on Al Mahdawi Street in Benghazi.
  • Al Khaleej Building on Benghazi's Amr Ibn Al-Aas Street.
    Al Khaleej Building on Benghazi's Amr Ibn Al-Aas Street.
  • According to the municipal authority, more than 28,000 families are internally displaced in the city.
    According to the municipal authority, more than 28,000 families are internally displaced in the city.

Libya has been torn by conflict since a Nato-backed uprising toppled and killed long-time dictator Muammar Qaddafi in 2011.

The country was then for years split between rival administrations in the east and west, each supported by different militias and foreign governments.

Its is now divided between two administrations, one in Tripoli and one operating in Sirte, and a House of Representatives based in the eastern city of Tobruk.

The powerful Field Marshal Khalifa Haftar continues to hold sway in the country's eastern region, from its main city of Benghazi.

The Tripoli government is led by Prime Minister Abdul Hamid Dbeibah, and the Sirte-based administration, supported by the country's House of Representatives, suspended former prime minister Fathi Bashagha in May.

It is unclear what positions Mr Takala, a politician from the city of Khoms and member of the council since it was formed in 2016, will take on key political issues.

But he was congratulated on his victory by Mr Dbeibah.

He previously chaired the council’s committee for the development of economic and social projects.

Other ways to buy used products in the UAE

UAE insurance firm Al Wathba National Insurance Company (AWNIC) last year launched an e-commerce website with a facility enabling users to buy car wrecks.

Bidders and potential buyers register on the online salvage car auction portal to view vehicles, review condition reports, or arrange physical surveys, and then start bidding for motors they plan to restore or harvest for parts.

Physical salvage car auctions are a common method for insurers around the world to move on heavily damaged vehicles, but AWNIC is one of the few UAE insurers to offer such services online.

For cars and less sizeable items such as bicycles and furniture, Dubizzle is arguably the best-known marketplace for pre-loved.

Founded in 2005, in recent years it has been joined by a plethora of Facebook community pages for shifting used goods, including Abu Dhabi Marketplace, Flea Market UAE and Arabian Ranches Souq Market while sites such as The Luxury Closet and Riot deal largely in second-hand fashion.

At the high-end of the pre-used spectrum, resellers such as Timepiece360.ae, WatchBox Middle East and Watches Market Dubai deal in authenticated second-hand luxury timepieces from brands such as Rolex, Hublot and Tag Heuer, with a warranty.

KLOPP%20AT%20LIVERPOOL
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Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

If you go

Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.

Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com

A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

BIG SPENDERS

Premier League clubs spent £230 million (Dh1.15 billion) on January transfers, the second-highest total for the mid-season window, the Sports Business Group at Deloitte said in a report.

Match info

Arsenal 0

Manchester City 2
Sterling (14'), Bernardo Silva (64')

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

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What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
Mercedes-AMG GT 63 S E Performance: the specs

Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor

Power: 843hp at N/A rpm

Torque: 1470Nm N/A rpm

Transmission: 9-speed auto

Fuel consumption: 8.6L/100km

On sale: October to December

Price: From Dh875,000 (estimate)

Updated: August 06, 2023, 10:07 PM