Local News: Economic News
National Oil Corporation is following up with Eni and Mellitah Oil and Gas the implementation of a number of gas production projects.
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Tripoli, 25 August, 2021 (Lana) - The National Oil Corporation, followed up with Eni and Mellitah Oil and Gas Company, the implementation plan of the offshore installations development project (A and E), which is among the strategic projects targeted to be implemented according to the exploration and production sharing agreements and the gas production operating agreement.The agreement includes strategic projects to be implemented by the joint venture team of Mellitah Oil and Gas Company,... Read more
Minister of Oil discusses with Central Bank ways to move wheel of economy.
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Tripoli,18 August, 2021 (Lana) - Minister of Oil and Gas of the Government of National Unity, Mohamed Aoun, held a meeting on Tuesday with the Governor of the Central Bank of Libya, Siddiq Al-Kabeer.The statement issued by the Central Bank of Libya stated that the meeting, held in the office of the Governor of the Central Bank in Tripoli, focused on discussing issues related to the oil sector and its workers, and “supporting the oil sector in accordance with the vision of the government of... Read more
Governor of Central Bank discusses with Minister of Oil, issues related to the sector.
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Tripoli, 18 August, 2021 (Lana) - The Governor of the Central Bank of Libya "Seddik Al-Kabeer" met, Tuesday, in Tripoli, with the Minister of Oil and Gas, "Mohamed Aoun."The meeting dealt with ways to support the oil sector in accordance with the vision of the government of national unity and discuss issues related to the sector and moving the wheel of the national economy. = ... Read more
Head of National Audit Bureau suspends from work 2 employees of Al-Wahda Bank.
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Tripoli, 5 August 2021 (Lana) President of the National Audit Bureau, Khaled Shakshak decided to suspended from work the assistant director of Al-Wahda Bank, Algeria Square branch, and a data entry officer of the bank.The suspension decision came due to the transfer of a sum of money from the account of one of the companies to other accounts through Al Wahda Mobile service without a request from the concerned company. = ... Read more
Member of House of Representatives confirms not to debate proposed budget at staggering figure of 111 billions.
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Tripoli, 5 August, 2021 (Lana) - Sources in the House of Representatives stated that the budget submitted by the National Unity Government, which exceeded the amount of (111) billion dinars, was not discussed in last week’s session, and that the process of approving it in this way with this large amount is almost impossible.The member of the House of Representatives, Ismail Al-Sharif told the Libyan News Agency that (the government submitted the draft budget to the parliament late in... Read more