Local News: Economic News
Director of the Issuance Department at the Central Bank of Libya: The new five-dinar denomination starts on , February 17th.
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Tripoli, 15 February, 2021 (Lana) Director of Issuance Department at the Central Bank of Libya, Miloud Al-Fartas, confirmed that the launch of the new five-dinar denomination starts on Wednesday, February 17, coinciding with the Libyan peoples’ celebration of the 10th anniversary of the glorious February Revolution. In a speech on the occasion of the new note offering ceremony, he explained that the old and damaged notes of the five-dinar denomination will be gradually... Read more
Mellitah is discussing with Schlumberger joint ventures for short and long term.
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Tripoli, 7 February, 2021 (Lana) - Chairman of the Operator Management Committee for Mellitah Oil and Gas Company, Mohamed Balqasim Bin Shatwan, met with the Director of Integrated Projects Department at Schlumberger , Monshawi Ahmed and the Director of Strategic Planning and Commercial Affairs of Schlumberger Libya Company Siraj Bosnina. Bin Shatwan reviewed the services activity in the fields of oil and gas for the onshore and offshore fields of Mellitah, which is... Read more
Al-Sunni warns Belgium not to harm the frozen Libyan funds.
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Tripoli, 7 February, 2021 (Lana) - Libya's representative to the United Nations, Al-Taher Al-Sunni, warned Belgium of its attempts to get its hands on 49 million euros of Libyan funds frozen there. "I advise Belgium to back off, as this will not happen," he added, tweeting on "Twitter." He continued, "At a time when the Libyans seek to reunify and arrange for a new phase, Belgium is trying to exploit the circumstance by addressing the sanctions committee to seize the 49 million euros of frozen funds.";... Read more
Ministry of Labour to outsource Tunisian expertise in vocational training.
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Tripoli, 4 February 2021 (Lana)The Minister of Labour and Rehabilitation discussed with the Tunisian ambassador to Libya Al-Asaad Ajili aspects of joint cooperation between the two countries and the historical relations between the two countries. During a meeting held today at the Ministry's headquarters in Tripoli, the two sides discussed the possibility of using Tunisian expertise to support the field of vocational training, and cover the deficit in medical and auxiliary... Read more
Minister of Economy and Industry grants permission to launch the commercial electronic registry system.
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Tripoli, 3 February, 2021 (Lana) Minister of Economy and Industry, Faraj Boumtari, launched Wednesday, at the ministry’s headquarters, electronic commercial register system, in the presence of Minister of Labor and Rehabilitation. And according to the Ministry, the first article of the decision stipulated that the General Commercial Registry Office, through local commercial registries, would be given the activation of the electronic commercial registry system. The Ministry... Read more