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Local News: Economic News

Dbaiba reviews one of the initiatives to encourage electronic payments.

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Tripoli - June 28, 2024 (LANA) - The Prime Minister of the National Unity Government, Abdul Hamid Al-Dbaiba, was briefed yesterday, Thursday, on one of the initiatives to encourage electronic payment operations to end official transactions in state institutions and banks. The media office of the Prime Minister of the National Unity Government said on Friday, that the initiative included a proposal to expand the scope of the use of electronic payment, with the aim of reducing the need... Read more

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CBL discusses with the Bank for International Settlements the development of banking services.

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Basel, June 28, 2024 (LANA) - The Governor of the Central Bank of Libya, “Al-Siddiq Al-Kabir,” and his deputy, “Marea Raheel,” and the team accompanying them yesterday, Thursday, discussed with a number of departments of the Bank for International Settlements at the bank’s headquarters in the Swiss city of Basel, the development in banking services and asset and reserve management. .The bank's media office stated, that the meeting discussed the development of investment tools and fields,... Read more

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Undersecretary of the Ministry of Industry and Minerals inaugurates the Beta Polymer Factory for Chemical Industries in the city of Misrata.

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Misrata, June 28, 2024 (LANA) - The Undersecretary of the Ministry of Industry and Minerals for Production and Industrial Zones in the Government of National Unity, “Mustafa Al-Samou,” opened, Thursday, the Beta Polymer Factory for Chemical Industries in the Al-Karareem Industrial Zone in the city of Misrata.The Ministry's media office stated, that the opening comes within the framework of the Ministry's efforts to strengthen the industrial sector, encourage investment, and provide new job... Read more

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Minister of Local Government reviews the results of the Libyan-Chinese Economic Forum.

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Tripoli, June 07, 2024 (LANA) - Minister of Local Government and Chairman of the Supreme Committee for Libyan-Chinese Cooperation, Badr al-Din al-Toumi, reviewed the results of the Libyan-Chinese Economic Forum, in which more than 80 Chinese companies participated.Al-Toumi briefed the committee members on the results of Al-Dbaiba’s visit to China and his participation in the 10th session of the Arab-Chinese Forum. The meeting was attended by directors of... Read more

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The National Oil Corporation reveals details of its revenues transferred to the Central Bank until the end of May 2024.

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Tripoli, June 2, 2024 (LANA) - The National Oil Corporation revealed today, Sunday, the details of the revenues transferred to the Central Bank of Libya, until the end of May 2024.The Foundation said in a post on its official Facebook page that revenues on January 28, 2024 amounted to 1 billion US dollars, on February 11, 2024, 500 million US dollars, on February 20, 2024, 1 billion US dollars, and on March 4, 2024, it amounted to 500 million US dollars.On March 14, 2024, it amounted to 500... Read more

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