Local News: Economic News
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
Al-Hibri and the US ambassador to Libya discuss the progress of the unification process of the Central Bank of Libya and its governance procedures.
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Tripoli, March 04, 2022 (LANA) - Deputy Governor of the Central Bank of Libya "Ali Al-Hibri" met with the US Ambassador to Libya "Richard Norland" to discuss the progress of the unification process of the Central Bank of Libya and its governance procedures. During the meeting, which was held in the capital, Tunis, Al-Hibri affirmed that the Central Bank of Benghazi is committed to the unification process and to work for its success, according to what the Benghazi branch of the Central Bank of Libya supervised through its... Read more
Unifying the Central Bank of Libya Follow up
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Tripoli, 1 March, 2022 (Lana) - The follow-up committee for the implementation of the reunification project of the Central Bank of Libya held a meeting yesterday, with the participation of the Governor of the Bank, Al-Siddiq Al-Kabeer and his deputy, Ali Al-Hibri.The meeting, which was held in Tunis in the presence of the project management office consisting of project managers and experts from the leading professional services firm Deloitte, continued the progress of the bank's... Read more
Preparations for Libyan International Forum for Investment and Sustainable Development.
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Tripoli, 28 February, 2022 (Lana) - An expanded meeting was held this morning, at the headquarters of the Ministry of Foreign Affairs and International Cooperation, to discuss preparations for the convening of the Libyan International Forum for Investment and Sustainable Development, to be held in Tripoli on March 27.The meeting was attended by the Director-General of the Institute of Planning, Chairman of the Forum and Chairman of the Sustainable Development Committee at the Ministry of... Read more
After the ruling of the International Chamber of Commerce: The Oil Corporation exercises its right to purchase the share of Trasta Company in the Libyan-Emirati Oil Refining Company.
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Tripoli, February 26, 2022 (LANA) - The National Oil Corporation (NOC) won the case filed by it before the International Chamber of Commerce over its eligibility to purchase the share of Trasta Company in the Libyan-Emirati Oil Refining Company formed to operate the Ras Lanuf refinery. After the issuance of a ruling rejecting TRASTA's attempts and supporting the NOC's right to buy TRASTA's share, the National Oil Corporation announced its resumption of exercising its right to purchase TRASTA's 50 percent stake in. ... Read more
