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Local News: Economic News

Lana Local Affairs Editor Cautions on Danger that Threaten Libya's Assets Frozen Abroad.

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 TRIPOLI, 20 January, 2021 (Lana) - As conflict between Libyan rivals rages over power at home, competition abroad between foreign countries and governments over Libya's investments and frozen funds in foreign banks, particularly European ones is unleashed, upon a UN Security Council Resolution No 1972, the latest of which was the Belgian finance minister's approval to notify the UN Sanctions Committee to lift the freeze to deduct part of Libya's frozen bank assets in Belgium for the Prince Laurent Foundation, estimated at 47... Read more

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Deputy "Ahmed Maiteq" meets with a group of young experts.

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 Tripoli, 18 January, 2021 (WAL) - Vice President of the Presidential Council "Ahmed Maiteq" met Sunday, with a group of young experts tasked with developing a strategy and implementation of a roadmap for the development plan for youth job seekers' programmes. It is to be noted that the work team formed as an implementation of the outputs of the workshop held last December under the auspices of "Ahmed Maitiq" as per Presidential Council Resolution No. 567 /2020 regarding employment and training of unemployed youth. ;... Read more

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Oasis (Waha) Oil Company Production to be Reduced by 200,000 Barrels per day Due to Maintenance Work.

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Tripoli, 17 January  2021 (Lana) - The National Oil Corporation (NOC) has announced that the Oasis (Waha) Oil Company, to start Sunday, the necessary maintenance operations for the main crude oil pumping line connecting the Al Samah and Dahra oil fields, and from there to the port of Sidra. It said the pipeline has become in a situation that it cannot continue its operation, due to the large number of leaks and its wear and tear, because of the lack... Read more

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Civil Aviation Authority calls on airlines to immediately stop increase of domestic and international ticket prices ,

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 Tripoli 16 January 2021 (Lana) - The head of the Civil Aviation Authority in the Government of National Accord, Eng. Mustafa Bin-Ammar, called on Libyan  airlines to immediately suspend work with the decision increasing the price of air tickets on domestic and international flights.  The official page of the Aviation Authority published the text of the correspondence sent by its head to the directors of Libyan Airlines, Afriqiyah Airways, Al-Buraq Airlines, Libya Air,... Read more

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