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Local News: Economic News

CBL Governor meets with NOC chairman.

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Tripoli, June 17, 2025 (LANA) – The Governor of the Central Bank of Libya (CBL), Naji Issa, discussed with the Chairman of the National Oil Corporation (NOC), Masoud Suleiman, on Tuesday at his office in Tripoli, the ongoing cooperation and coordination between the two institutions to support the oil sector, as it is the main source of national income and a fundamental pillar of the national economy.The meeting addressed the financial arrangements supporting the CBL's plans to increase oil... Read more

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NOC revealed discussions with a German company.

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Tripoli, June 16, 2025 (LANA) – The National Oil Corporation (NOC) revealed that discussions have been held with the German company Everlens regarding advanced technology to enhance gas production from offshore platforms.The NOC explained that the Maintenance Engineering and Small Projects Department at the Corporation held an expanded meeting today, Monday, at the Corporation's headquarters in Tripoli with officials from the German company Everlens, Switzerland branch, formerly known as MAN... Read more

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Blihaq: HoR voted unanimously to adopt the development plan.

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Benghazi, June 3, 2025 (LANA) - The House of Representatives voted unanimously today, Tuesday, to adopt the development plan (transformation) and approve the development budget, according to House spokesman Abdullah Blihaq.Blihaq said, that the House of Representatives resumed its official session today, chaired by the Second Deputy Speaker of the House, Misbah Douma, where the House voted unanimously to adopt the development plan (transformation) and approve the development.... Read more

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Naji Issa discusses liquidity distribution plan with commercial banks.

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Tripoli, May 21, 2025 (LANA) - The Governor of the Central Bank of Libya, Naji Issa, called on the directors of major commercial banks to unify efforts and enhance coordination to ensure the continuity of financial services provided to citizens and contribute to strengthening confidence in the banking sector.This came during a meeting held today, Wednesday, with the directors of major commercial banks, in the presence of the Deputy Governor, the Muamalat Financial Services Company, and a... Read more

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The Central Bank discusses the bank's operations and the provision of liquidity to citizens.

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Tripoli, May 18, 2025 (LANA) - The Governor of the Central Bank of Libya, Naji Issa, held a meeting today, Sunday, with several department heads to discuss the bank's operations and ensure the provision of banking services to citizens in anticipation of Eid al-Adha.The meeting discussed expediting the disbursement of May salaries, once they arrive this week, and coordinating with banks and issuance departments in various regions to provide liquidity and continue electronic payment services to... Read more

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