Local News: Economic News
Head of National Audit Bureau suspends from work 2 employees of Al-Wahda Bank.
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Tripoli, 5 August 2021 (Lana) President of the National Audit Bureau, Khaled Shakshak decided to suspended from work the assistant director of Al-Wahda Bank, Algeria Square branch, and a data entry officer of the bank.The suspension decision came due to the transfer of a sum of money from the account of one of the companies to other accounts through Al Wahda Mobile service without a request from the concerned company. = ... Read more
Member of House of Representatives confirms not to debate proposed budget at staggering figure of 111 billions.
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Tripoli, 5 August, 2021 (Lana) - Sources in the House of Representatives stated that the budget submitted by the National Unity Government, which exceeded the amount of (111) billion dinars, was not discussed in last week’s session, and that the process of approving it in this way with this large amount is almost impossible.The member of the House of Representatives, Ismail Al-Sharif told the Libyan News Agency that (the government submitted the draft budget to the parliament late in... Read more
President of National Oil Corporation discusses with Director General of Repsol acceleration of production.
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Tripoli, 4 August, 2021 (Lana) - The President of the National Oil Corporation, "Mustafa Sanalla", discussed with the Director General of Repsol Company, Libya Branch, Simone Simena, the monitoring and maintenance of the infrastructure in the El Sharara field, which would enable it to increase production rates and introduce solar energy technologies in the field.During the meeting, which was held at the company's headquarters in Tripoli, the General Manager of Repsol called for... Read more
Finance, Planning and General Budget Committee of the House of Representatives holds a meeting with the ministerial committee formed by the government.
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Tobruk, 6 July, 2021 (Lana) - The Finance, Planning and Public Budget Committee of the House of Representatives held a meeting Tuesday, with the ministerial committee formed by the government, based on what was approved in the previous parliament session.The head of the Finance, Planning and Public Budget Committee in the House of Representatives, Omar Tantoush, explained that the meeting discussed the draft state budget for 2021 and the budget report, in order to present it to the... Read more
Minister of Economy and Trade discusses with his Tunisian counterpart ways to develop border areas and enhance trade exchange.
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Tripoli, 30 June, 2021 (Lana) - The Minister of Economy and Trade, "Mohamed Al-Hawij" discussed with the Minister of Trade and Export Development in Tunisia, "Mohamed Boussaid", the mechanism of cooperation between the two countries in promoting and raising the level of trade exchange, developing border areas and activating transit trade.The meeting, which was held at the Ministry's headquarters in Tripoli, also discussed the obstacles and difficulties facing businessmen and economic... Read more