Local News: Economic News
Al-Kabeer reviews, in his meeting with the German ambassador, the process of unifying the Central Bank.
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Tripoli, April 13, 2022 (LANA) - The Governor of the Central Bank of Libya, "Seddik Al-Kabeer," met today, Wednesday, in Tripoli, with the German ambassador to Libya, "Michael Unmacht." The bank stated on its website that the meeting dealt with many issues of common interest, including a review of the developments in the unification process of the Central Bank. The impact of the repercussions of the war in Ukraine and its repercussions on the increase in commodity prices in global markets was... Read more
Sanalla confirms the possibility of Libya returning to produce 3 million barrels per day
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Tripoli, April 11, 2022 (LANA) - The head of the National Oil Corporation, "Mustafa Sanalla," stressed the importance of the oil sector, as it plays a key role in the stability of Libya, and one of the steadfast sectors despite all previous circumstances. In a speech during his meeting with the heads of all sector companies in Tripoli, Sanalla indicated that the stage requires holding intensive meetings, and that the administration has formed several committees to follow up on the companies' work and identify weaknesses... Read more
Libyan Foreign Bank and the International Shipping Company discuss ways of investment and joint cooperation.
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Tripoli, April 08, 2022 (LANA) - The Chairman of the Board of Directors of the International Shipping Company "Nidal Baba" discussed with the Chairman of the Management Committee of the Libyan Foreign Bank "Mohamed Al-Darrat" ways of cooperation in the areas of joint investment. The meeting, which was held at the headquarters of the Libyan Foreign Bank in the capital, Tripoli, discussed the development and expansion of the company's activity, and ways to help it obtain the necessary funding to enter the field of maritime... Read more
State Audit Bureau participates in the 63rd meeting of the Executive Council of Arab Organization of High Audit Institutions.
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Tripoli, 20 March, 2022 (Lana) The State Audit Bureau participated in the work of the Executive Council meeting of the Arab Organization of Supreme Audit Institutions , in Qatar. The Executive Council discussed, through the participation of the President of the State Audit Bureau, Khaled Shakshak, the organization's programmes and plans to advance this field, most notably the e-learning platform, strengthening partnership with relevant parties, activating communication, ... Read more
General Authority for Investment Promotion and Privatization Affairs launches 18 new projects.
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Tripoli, 15 March, 2022 (Lana) - The General Authority for Investment Promotion and Privatization Affairs launched 18 new investment projects, as part of a plan prepared in advance in coordination with the relevant authorities.The announcement of the authority came during a meeting attended by a number of ministers, during which 60 licenses were handed over to conduct the activity of a number of investment projects for the partnership between the public and private sectors within its... Read more