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Local News: Economic News

NOC: Operating a new oil line from Hamada field to Mellitah oil port.

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Tripoli, July 11, 2024 (LANA) - The National Oil Corporation announced the operation of the new pipeline from the North Hamada oil field to the Mellitah oil port, a distance of 250 kilometers.The corporation explained that the process of pumping crude oil began from the main tanks to the receiving point at the end of the line in a regular and safe manner, noting that the operation process that began last Monday will contribute to raising the field’s production, this is part of the first... Read more

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Al-Kabir discusses with Shakshak a number of financial and economic files.

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Tripoli, July 10, 2024 (LANA) - The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, met today, Wednesday, in his office in Tripoli, with the head of the Audit Bureau, Khaled Shakshak.During the meeting, according to the Central Bank, a number of topics related to the financial and economic file were discussed.= ... Read more

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HoR begins discussing the general budget.

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Benghazi - July 09, 2024 - (LANA) - The House of Representatives held its official session today, Tuesday, headed by the Speaker of the House of Representatives, Counselor Aguila Saleh, and in the presence of the First Vice President, Fawzi Al-Nuwairi. The official spokesman for the House of Representatives, Abdullah Balihaq, said that the session began with the Speaker of the House giving a briefing on his meetings over the past few days. He added,... Read more

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Dbaiba reviews one of the initiatives to encourage electronic payments.

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Tripoli - June 28, 2024 (LANA) - The Prime Minister of the National Unity Government, Abdul Hamid Al-Dbaiba, was briefed yesterday, Thursday, on one of the initiatives to encourage electronic payment operations to end official transactions in state institutions and banks. The media office of the Prime Minister of the National Unity Government said on Friday, that the initiative included a proposal to expand the scope of the use of electronic payment, with the aim of reducing the need... Read more

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CBL discusses with the Bank for International Settlements the development of banking services.

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Basel, June 28, 2024 (LANA) - The Governor of the Central Bank of Libya, “Al-Siddiq Al-Kabir,” and his deputy, “Marea Raheel,” and the team accompanying them yesterday, Thursday, discussed with a number of departments of the Bank for International Settlements at the bank’s headquarters in the Swiss city of Basel, the development in banking services and asset and reserve management. .The bank's media office stated, that the meeting discussed the development of investment tools and fields,... Read more

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