Local News: Economic News
Libyan Investment Company discusses portfolios activity.
Pulbished on:
Tripoli, 25 January, 2021 (Lana) - During its meetings for the 2021 fiscal year , the Libyan Investment Company discussed, along with the investment portfolios owned by the company, the activity of the portfolios and the most important work performed. The Company stated in a post on its official Facebook account that the meeting, which was held with the participation of the Libya Africa Investment Portfolio and the long-term investment portfolio, discussed measures... Read more
Deputy Ahmed Maitiq discusses with officials of State Water Desalination Company difficulties and obstacles.
Pulbished on:
Tripoli, 25 January, 2021 (Lana) - Vice President of the Presidential Council, Ahmed Omar Maiteq, met, Monday, with the Deputy Director General of the General Company for Water Desalination, Abdul Salam Al-Ruwaimi, and the technical advisor and a member of the Board of Directors, Adel Salim, to review the difficulties and obstacles facing the company's work to provide fresh water to municipalities and cities that suffer from water shortage. The deputy also called on the company... Read more
National Oil Corporation reveals revenue for December 2020 .
Pulbished on:
Tripoli, 24 January, 2021 (Lana) - The National Oil Corporation (NOC) announced that the general revenue for the month of December for the year 2020 from sales of crude oil, gas, condensate, oil products and petrochemicals has reached record levels. The National Oil Corporation explained, through its official Facebook account, that revenues reached $ 1,115,210,431.95. The National Oil Corporation indicated that the revenues were deposited... Read more
Libyan Investment Corporation holds desk to desk meeting with Libyan Foreign Investment Company and its Director General.
Pulbished on:
Tripoli, 24 January, 2021 (Lana) The board of directors of the Libyan Investment Authority held a meeting with the members of the board of directors of the Libyan Foreign Investment Company and its Director General. The meeting discussed, the report of the company's activity and the most important work accomplished about ending state of conflict of interests, what has been implemented to end the conflict of interest, based on articles of association and the company’s actions regarding the results of the analytical study following... Read more
Director of Mills and Fodder Company: There are no economic policies to maintain grain stocks
Pulbished on:
TRIPOLI, 24 January, 2021 (Lana) - Director of Flour Milling and Fodder Company, Jamal Juili, said that the quantities of grains in the company's mills do not exceed 170 tons. Juili said in press statements, Saturday, that the reason for the crisis is due to the lack of economic policies to maintain grain stocks, in addition to the high price of flour which risen from 130 to 250 dinars per hundred kilograms. = ... Read more