Local News: Economic News
Ministry of Finance: Pay increase of 20% has been postponed until budget is approved.
Pulbished on:
Tripoli, 17 February, 2021 (Lana) - The Ministry of Finance of the Government of National Accord confirmed that the Presidential Council decided to postpone the payment of the salary increase of public administrative units by 20%, according to the ministry's statement. The Ministry stated in its statement Wednesday, that the Presidential Council decided to postpone the payment of the increase determined according to its Resolution No. 15/ 2020 regarding a 20% increase of... Read more
Libyan Airlines announces the resumption of operating its flights to Alexandria airport.
Pulbished on:
Tripoli, 16 February, 2021 (Lana) - The Libyan Airlines announced Monday, the operation of the first flights from Benina and Mitiga airports to Borj El Arab Airport in Alexandria, starting next Thursday. The company stated in a post on its official Facebook page that the trips are the first after a break of more than a year, pointing out that the flight schedule will be from Benghazi to Alexandria during Sundays, Wednesdays and Thursdays, and Tripoli will be during Saturdays, Tuesdays and Thursdays (via Benghazi) . ;... Read more
Director of the Issuance Department at the Central Bank of Libya: The new five-dinar denomination starts on , February 17th.
Pulbished on:
Tripoli, 15 February, 2021 (Lana) Director of Issuance Department at the Central Bank of Libya, Miloud Al-Fartas, confirmed that the launch of the new five-dinar denomination starts on Wednesday, February 17, coinciding with the Libyan peoples’ celebration of the 10th anniversary of the glorious February Revolution. In a speech on the occasion of the new note offering ceremony, he explained that the old and damaged notes of the five-dinar denomination will be gradually... Read more
Mellitah is discussing with Schlumberger joint ventures for short and long term.
Pulbished on:
Tripoli, 7 February, 2021 (Lana) - Chairman of the Operator Management Committee for Mellitah Oil and Gas Company, Mohamed Balqasim Bin Shatwan, met with the Director of Integrated Projects Department at Schlumberger , Monshawi Ahmed and the Director of Strategic Planning and Commercial Affairs of Schlumberger Libya Company Siraj Bosnina. Bin Shatwan reviewed the services activity in the fields of oil and gas for the onshore and offshore fields of Mellitah, which is... Read more
Al-Sunni warns Belgium not to harm the frozen Libyan funds.
Pulbished on:
Tripoli, 7 February, 2021 (Lana) - Libya's representative to the United Nations, Al-Taher Al-Sunni, warned Belgium of its attempts to get its hands on 49 million euros of Libyan funds frozen there. "I advise Belgium to back off, as this will not happen," he added, tweeting on "Twitter." He continued, "At a time when the Libyans seek to reunify and arrange for a new phase, Belgium is trying to exploit the circumstance by addressing the sanctions committee to seize the 49 million euros of frozen funds.";... Read more