The Libyan National Oil Corporation (NOC) has signed an oil cooperation deal with the Russian oil company, Rosneft, on the sidelines of the London-held International Petroleum Week, which includes the most vital world oil firms
Read moreLibya’s imports have shrunk by 45% over the last couple of years in comparison to the normal ratio of the country’s imports, confirmed the Head of the media office of the Libyan Ports Company, Mohammed Al-Gweri.
Read moreA delegation from the General Electricity Company of Libya (GECOL) has arrived in Seoul for talks on the return of South Korean companies and resumption of the stalled projects in Libya.
Read moreThe Chairman of the Libyan General Union of Commercial Chambers, Mohammed Al-Raeid, said Libyan businessmen can put an end to the ailing economic crisis in the country, adding that courageous decisions must be made and businessm
Read moreThe Governor of the Central Bank of Libya (CBL) Al-Seddiq Al-Kabeer, told the Head of the Audit Bureau, Kahlid Shakshack, to mind coordination with the relevant authorities and work on revising the financial and economic policie
Read moreThe Libyan Investment Authority (LIA) in Tripoli has refuted reports of armed men taking over the LIA headquarters, which have been circulated by some media outlets and on social media, saying the reports are untrue.
Read moreThe Foreign Commerce and International Cooperation Department of the Libyan Ministry of Economy banned exporting vegetables from Libya for two months to balance the prices in the market.
Read moreThe Central Bank of Libya has announced that it is going to sell $400 (liable to increase) for each Libyan citizen with the official foreign currency rates ($1 = LYD 1.42) starting from Wednesday, February 01 and up to the end o
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