When you need to know
The steering committee at the General Electricity Company (GEC) has approved the agreement with the Turkish firm Enka regarding all the details that would allow its workers to return to work on the Libyan territory.
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The Bank of Commerce and Development has introduced Libya's first local travellers cheques in a bid to ease the current severe cash shortages in the country.
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Misrata-based Iron and Steel Factory has linked the raise in its products’ prices to the increase of their cost, which it said is tied to the decrease of production at the factory following pressure to cut down its use
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London meeting on Libya, held on Monday and Tuesday, has discussed a number of procedures that can remedy Libya’s shakable economy, media outlets have reported.
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The Central Bank of Libya has issued its annual economic index for the first half of 2016, showing a serious hike in inflation with 25.3% from January to June 30 compared to 8.7% for the same period in 2015 and 9.8% of the entir
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The head of the media office of the Libyan Tripoli-based National Oil Corporation (NOC), Mohammed Al-Maghribi, said in a statement that Libya has experienced a remarkable hike in oil production hitting 670 thousand barrels per d
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The Governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabeer, has stated that the acute shortage of cash in Libya is tied to the absence of security and stability as well as the entangled political situation.
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The Chairman of the Libyan National Oil Corporation, Mustafa Sanallah, said Libya’s oil output is still suffering from a group of problems, pointing out that shutting off the pipelines of Al-Feel and Al-Sharara oil fields is the
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