Local News: Economic News
Central Bank of Libya signs a memorandum of cooperation with Central Bank of Tunisia to enhance cooperation in banking fields.
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Tripoli, 14 November, 2021 (Lana) - A memorandum of understanding was signed in Tunisia between the Central Bank of Libya and the Central Bank of Tunisia to enhance cooperation in the areas of joint work.The signing came after a meeting held by the Governor of the Central Bank of Libya, Seddik Omar al-Kabir, with the Governor of the Central Bank of Tunisia, Marwan al-Abassi. The memorandum of understanding provides for enhancing prospects for... Read more
Al-Menafi discusses unemployment and ways to address it.
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Tripoli, 2 November, 2021 (Lana) - President of the Presidential Council, Mohamed Al-Manfi, discussed, Tuesday, with the Minister of Civil Service, Abdel-Fattah Al-Khoja, the problem of unemployment and providing opportunities for job seekers.Al-Khoja reviewed the procedures taken by the ministry to review the administrative releases for the salaries of state public sector employees. During the meeting, Al-Minfi stressed the need to overcome all... Read more
Undersecretary of Ministry of Oil: Libya is seeking to attract large investments in the oil sector, and Russia is an important partner that has capabilities
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. Moscow, 2 November, 2021 (Lana) - The Undersecretary of the Ministry of Oil for Libyan Production Affairs, Rifaat Al-Abbar stated ‘There are many challenges facing the sector, due to poor funding, and the impact of previous events that led to great damage to the infrastructure of oil and gas components, and that Libya works with its international partners to create a safe investment environment that attracts major companies, and that the Ministry of Oil is making relentless efforts, to overcome obstacles to the progress of production operations in various... Read more
President of Audit Bureau discusses the problems and bottlenecks facing a number of projects in the municipality of Bani Walid.
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Tripoli, 2 November, 2021 (Lana) - President of the Audit Bureau met, Tuesday, with the Minister of State for Economic Affairs and the President of the National Council for Economic and Social Development, accompanied by the Mayor of Bani Walid Municipality, the Dean of Bani Walid University and the Chairman of the Board of Directors of Bani Walid Woolen Industries Complex.The meeting dealt with the role of the Audit Bureau, which can be exercised through the competencies entrusted to it... Read more
Minister of Oil Briefs President on progress of production and obstacles impeding increasing production.
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Tripoli, 11 October, 2021 (Lana) - President of Presidential Council, Mohamed Al-Manfi, met Monday with Minister of Oil and Gas, Eng. Mohamed Aoun, with whom he discussed identifying the most important problems facing the oil sector. The Presidential Council stated that Minister Aoun briefed the President of the Presidential Council on the progress of production and some obstacles that impede increasing production and improving the... Read more