Local News: Economic News
Preparations for Libyan International Forum for Investment and Sustainable Development.
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Tripoli, 28 February, 2022 (Lana) - An expanded meeting was held this morning, at the headquarters of the Ministry of Foreign Affairs and International Cooperation, to discuss preparations for the convening of the Libyan International Forum for Investment and Sustainable Development, to be held in Tripoli on March 27.The meeting was attended by the Director-General of the Institute of Planning, Chairman of the Forum and Chairman of the Sustainable Development Committee at the Ministry of... Read more
After the ruling of the International Chamber of Commerce: The Oil Corporation exercises its right to purchase the share of Trasta Company in the Libyan-Emirati Oil Refining Company.
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Tripoli, February 26, 2022 (LANA) - The National Oil Corporation (NOC) won the case filed by it before the International Chamber of Commerce over its eligibility to purchase the share of Trasta Company in the Libyan-Emirati Oil Refining Company formed to operate the Ras Lanuf refinery. After the issuance of a ruling rejecting TRASTA's attempts and supporting the NOC's right to buy TRASTA's share, the National Oil Corporation announced its resumption of exercising its right to purchase TRASTA's 50 percent stake in. ... Read more
A Libyan-Tunisian-Algerian conference discusses ways to transition towards a free and digital economy in Africa.
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Tunis, February 25, 2022 (LANA) - The capital, Tunis, will host, at the beginning of next week, the Libyan-Tunisian-Algerian conference on transformation towards a free and digital economy with the aim of unifying strategic visions between the three countries and forming an economic bloc to enhance presence in the African market. The head of the preparatory committee for the conference, Abdel Samea Amer Muammar, said on Thursday that the event aims mainly to shed light on the importance of the digital economy and the free... Read more
Al-Hawaij "reviews mechanisms for implementing investment map.
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Tripoli, 22 November, 2022 (Lana) - The Minister of Economy and Trade, Mohamed al-Hawij stressed the need to implement the investment map according to the natural resources available in each region.This came during his meeting Tuesday, with the ministry's undersecretaries, heads and directors of a number of affiliated agencies and advisors at the ministry's headquarters in Tripoli, within the framework of following up on the preparation of the investment map, the completed stages, and the... Read more
The Financial Stability Unit of the Central Bank of Libya, Al-Bayda Branch, issues its financial report for 2018.
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Al-Bayda, February 20, 2022 (LANA) - The Financial Stability Unit of the Central Bank of Libya, Al-Bayda Branch, issued its report for the year 2018.The head of the unit, Haitham Al-Mansoori, said that the report comes in the context of the Central Bank of Libya's keenness to achieve monetary and financial stability and to perform its duties as an economic advisor to the state in accordance with the provisions of Banking Law No. (1) of 2005.Al-Mansoori added that the report contains eight... Read more
