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Local News: Economic News

Ministry of Economy follows up arrangements for second session of Made in Algeria exhibition.

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Tripoli, January 31, 2023 (Lana) - Ministry of Economy and Trade of the Government of National Unity is following up the arrangements for launching the activities of the second session of the “Made in Algeria” exhibition in support of trade and economic exchange between the two countries.Undersecretary of the Ministry Saad Al-Haneish discussed with the Executive Director of the Bright Palm Company for Organizing Exhibitions, Abdul Latif Al-Sid, the... Read more

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Ministry of Economy discusses encouraging private sector activity to contribute to food and drug security.

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  Tripoli, January 29, 2023 (LANA) - Minister of Economy and Trade, Mohammed Al-Hawij, held a meeting that included heads of the councils of the Chambers of Commerce, Industry and Agriculture, Chairperson of Business Owners Council, the Executive Director of the Libyan Industry Federation, and the head of farmers union, in the presence of the Undersecretaries of the Ministry, in order to develop a vision to encourage private sector activity to ensure the development of the economy, and contriobut to food and drug security.;... Read more

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Food control: The World Food Organization must adhere to quality in its shipments to Libya

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Tripoli, January 28, 2023 (LANA) - The Acting Director General of the Food and Drug Control Center, "Abdullah Muhammad Abdullah," discussed with the head of the Middle East sector of the World Food Organization, accompanied by the Czech ambassador to Libya, the quality of food and medicines that are supplied through the organization in the form of subsidies. During the meeting, the two sides reviewed aspects of joint scientific and professional cooperation with the centers corresponding to the center abroad, in addition to... Read more

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Ben Qadara confirms that the agreement signed with ENI is a legal agreement.

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Tripoli, January 28, 2023 (LANA) - The head of the National Oil Corporation, Farhat Ben Qadara, confirmed that the agreement signed with the Italian company ENI is a legal agreement. Bin Qadara said, in response to a question by LANA's correspondent at the joint press conference with the head of ENI, "We work according to the law, and whoever considers that this procedure is illegal appeals to the judiciary, and it is the one who decides whether this is legal or illegal." He added that this work... Read more

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Head of ENI considers the new agreement with Libya to be the most important in the last 20 years in terms of oil discoveries between the two countries.

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Tripoli, January 28, 2023 (LANA) - The CEO of the Italian energy company, ENI, Claudio Descalzi, considered that the signing of the oil and gas exploration agreement with the Libyan National Oil Corporation is the most important agreement during the last 20 years in terms of oil discoveries between the two countries. In a speech during the signing ceremony of the agreement in Tripoli, ENI's president said that this new agreement with Libya will provide nearly a third of the energy requirements at a value of 8 billion. ... Read more

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