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Local News: Economic News

ACA meets with NOC.

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Tripoli, July 1, 2025 (LANA) – The Chairman of the Administrative Control Authority, Abdullah Qaderbouh, discussed today, Tuesday, with the Chairman of the Board of Directors of the National Oil Corporation (NOC), Masoud Suleiman Musa, and a number of department and office directors from both sides, a number of vital issues facing the oil sector, in addition to the obstacles hindering the corporation's work.The Authority stated, via its official page, that the meeting addressed mechanisms for... Read more

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Ensuring the best possible return on public funds.

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Tripoli, July 1, 2025 (LANA) – The President of the Audit Bureau, Khaled Shakshak, discussed today, Tuesday, with the acting Minister of Oil and Gas, Khalifa Abdul Sadiq, members of the negotiating team, and relevant departments within the Bureau, the Bureau's report on the study and evaluation of the negotiating position with the Waha partners.The Bureau stated on its official page that the meeting reviewed the financial, legal, and technical aspects contained in the report. The Audit Bureau... Read more

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The results of the release system.

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Tripoli, July 1, 2025 (LANA) - The Acting Minister of Civil Service, Ali Al-Abed, held a meeting with the Chairman of the Administrative Control Authority to follow up on the issue of job releases in public agencies. The meeting was attended by the Undersecretary of the Ministry of Finance and relevant committees from both ministries.During the meeting, the Minister reviewed the results of the release system. The data of approximately 210,000 employees were registered, 94,775 of whom were... Read more

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Monitoring workflow at the Commercial Registry.

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Tripoli, July 1, 2025 (LANA) - Minister of Economy and Trade, Mohammed Al-Huwaij, monitored the progress of work and the executive and administrative performance of the Commercial Registry, identifying challenges and technical needs for service development.During the follow-up visit, the Minister held a meeting with the head of the department and directors of departments and offices. During the meeting, the progress of work, mechanisms for implementing digital transformation, and efforts to... Read more

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NOC signed a memorandum of understanding with TPAO.

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Istanbul, June 25, 2025 (LANA) – The National Oil Corporation (NOC) signed a memorandum of understanding (MoU) with the Turkish Petroleum Corporation (TPAO) today, Wednesday, in Istanbul.According to the MoU, signed on behalf of the Corporation by Chairman of the Board of Directors Masoud Sulaiman and on behalf of TPAO by its General Manager Ahmet Turkoglu, the Turkish company will conduct a geological and geophysical study of four offshore areas. The NOC... Read more

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