Four major oil ports in Libya have reopened after shutting down on Saturday following a powerful storm that swept the country, killing thousands, port agent Al Omran International Maritime Agencies said on Wednesday.
The eastern ports of Brega, Es Sidra and Ras Lanuf opened on Tuesday and the port of Zueitina opened on Wednesday morning, Al Omran said.
The closure of the ports will lead to some disruption to exports, but they are “likely” to recover once the ports reopen, Giovanni Staunovo, strategist at UBS, told The National on Tuesday.
Officials in eastern Libya say the death toll currently stands at more than 5,300. A hospital director in the city of Derna told Reuters on Monday that 1,700 bodies had been counted at his hospital, and that 500 more had been buried in another part of the city.
About 10,000 people are estimated to be missing. Many are believed to have been swept out to sea.
Abdul Hamid Dbeibah, prime minister of Libya's Tripoli-based government, said on Tuesday that the floods were an unprecedented catastrophe. Presidential Council chief Mohamed Al Menfi has called for national unity.
The UN Office for the Co-ordination of Humanitarian Affairs said emergency response teams had been sent to help on the ground. Several governments, including those of Qatar and Turkey, have rushed to provide aid to Libya.
The floods since Saturday destroyed cars and left Derna's streets covered in rubble, mud and debris.
Satellite photographs of the city from before and after the disaster show that what had been a relatively narrow waterway through the city centre was now several times wider, with all the buildings that had run along it gone.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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MATCH INFO
Quarter-finals
Saturday (all times UAE)
England v Australia, 11.15am
New Zealand v Ireland, 2.15pm
Sunday
Wales v France, 11.15am
Japan v South Africa, 2.15pm
GRAN%20TURISMO
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What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199