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Local News: Economic News

Dabaiba is discussing with Bin Qadara the National Corporation's plan to increase oil and gas production.

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Tripoli, July 3, 2023 (LANA) - The Prime Minister of the Government of National Unity, "Abdul Hamid al-Dabaiba," met with the Chairman of the Board of Directors of the National Oil Corporation, Farhat bin Qadara, at the Prime Minister's Office in the capital, Tripoli.The meeting discussed the National Corporation's plan to increase oil and gas production, and the executive procedures for the sector development plan according to the specified budget.Al-Dabaiba stressed the need to unify the... Read more

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Al-Kabeer discusses with his Egyptian counterpart the file of bank transfers to Egyptian workers in the State of Libya.

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Cairo, June 22, 2023 (LANA) - The Governor of the Central Bank of Libya, "Al-Siddiq Omar Al-Kabeer," discussed today, Thursday in Cairo, with his Egyptian counterpart, "Hassan Abdullah," the common files between the Libyan and Egyptian central bankers.The meeting, which was attended by the advisor to the Governor of the Central Bank of Libya, Mustafa Al-Manea, and Rami Abu Al-Naga, the deputy governor of the Egyptian Bank, discussed the areas of training, development, exchange of experiences, and the file of bank transfers to... Read more

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Al-Manfi and Al-Koni discuss with the Governor of the Central Bank of Libya the results of his meeting with officials of the International Monetary Fund.

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Tripoli, June 15, 2023 (LANA) - The President of the Presidential Council, "Muhammad Al-Manfi" and the deputy in the Council, "Musa Al-Koni", met today, Thursday, the Governor of the Central Bank of Libya, "Al-Siddiq Al-Kabeer".Al-Kabeer briefed the Council on his meetings in Washington with officials of the International Monetary Fund, and the Fund's reports on the Central Bank's performance in managing the country's financial affairs, according to what the Presidential Council published on its official Facebook.... Read more

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Libyan Investment expects its profits to rise to (2) billion dollars during the year 2023.

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Tripoli, June 15, 2023 (LANA) - The head of the Libyan Investment Authority, "Ali Mahmoud Hassan," confirmed that the institution's profits during the year 2022 amounted to $1.2 billion, expecting to achieve profits of $2 billion during the year 2023. This came in a speech he gave on the occasion of announcing the approval of the financial institution's data and its conformity with its lists, which the president of the institution considered a pivotal stage in the institution's work. "Mahmoud"... Read more

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Al-Manfi meets with representatives of the Libyan State Funds Recovery Office and Management of Recovered Assets.

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Tripoli, June 14, 2023 (LANA) - The President of the Presidential Council, "Muhammad Al-Manfi", met today, Wednesday, with the management of the Office for the Recovery of Libyan State Funds and the Management of Recovered Assets, represented by the Chairman of the Office's Board of Directors, "Anwar Arif" and a member of the Board of Directors, "Youssef Al-Sharif."According to what the media office of the President of the Presidential Council published on its official Facebook page, representatives of the office submitted a... Read more

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