Libya was ranked third with the largest gold holdings in 2023 in Africa, with gold reserves estimated at 117 metric tons, according to the Business Insider Africa Website
The Minister of Economy and Trade in the Government of National Unity, Mohammed Al-Hawij, has directed the competent departments in the ministry to prepare a decision to
The Mayor of Benghazi, Saqr Bujawari, the Turkish ambassador to Libya, Kinan Yilmaz, and the Chairman of Karanfil Group, Murtaza Karanfil, opened on Monday the "Turkish T
A report issued by the Central Bank of Libya revealed that Turkish products accounted for nearly 30% of the imports of the Libyan private sector in the first five months
The Minister of Labor and Rehabilitation, Ali Al-Abed, announced the launching of a large-scale inspection campaign to control duality of work between the public and priv
The Prime Minister of the Government of National Unity (GNU), Abdul Hamid Dbeibah, has issued instructions for disbursing the wife and children’s grant for the three mont
The head of the Audit Bureau, Khaled Shakshak, on Wednesday discussed with the Chairman of the General Electricity Company of Libya (GECOL), Muhammad Al-Mashai, the compa
The Minister of Labour and Rehabilitation, Ali Al-Abed, has affirmed the government's endeavor to achieve social justice through raising salaries, the unified salary scal
The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, met in Washington on Tuesday with US Assistant Secretary of the Treasury Eric Meyer, and the US Special Env
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, discussed on Monday, the partnership with the United States Agency for Development (USAID), during a meeting at the USAID HQ in
The Minister of Economy and Trade, Mohamed Al-Huwaij, has issued a decision banning the import of goods containing words or images that violate public morals, contradict
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabeer participated in the meetings held Friday in Washington with international financial institutions, to
The Libyan Minister of Oil and Gas Mohammed Oun discussed in a meeting on the sidelines of OPEC+ in Vienna with his Algerian counterpart, Mohamed Arkab, the timeline for
The Libyan-Moroccan Trade and Business Forum will be held from 11 to 14 September in Tangier, Morocco, with the purpose of promoting joint investments.
The Governor of the Central Bank of Libya (CBL), Sadek Elkabeer, on Thursday, met with the Executive Director of the International Monetary Fund (IMF) in Washington.
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, reviewed with the Board of Governors of the US Federal Reserve System the challenges of rising bankin
Libya's National Oil Company (NOC) won a case against its Emirati ex-partner Trasta Energy, a subsidiary of Al Ghurair group, before the Paris Court of Appeals, Africa In
In its assessment of Libya for 2023, the International Monetary Fund (IMF) has revealed that fluctuations awaiting Libyan economy in the foreseeable future, due to its to
The third edition of the Libyan Conference on Oil and Gas Technologies kicked off on Tuesday under the auspices of the National Oil Corporation (NOC) and with the partici
The Minister of Economy and Trade, Muhammad Al-Hawij, has invited Turkish business owners to participate in implementing projects approved by the Government of National U
The Austrian embassy in Libya has announced that eight Austrian companies are participating in the 13th Libya Build exhibition, which is held in the Tripoli International
The Minister of Economy and Trade of the Government of National Unity, Mohammed Al-Hawij, has discussed the possibility of activating bilateral trade agreements and memor
The Zueitina Oil Company announced on Monday, the resumption of oil production at one of the wells in the Al-Hakim field, which has stopped for nearly seven years, due to
The Chairman of the National Oil Corporation (NOC) Farhat Bengdara has hailed, in a meeting with the Governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabir, the s
The Minister of Economy and Trade, Mohammed Al-Huweij, called on the ministry's departments and investment agencies to prepare a strategy for economic diversity for 2030,
The Central Bank of Libya (CBL) has reported an increase in the inflation rate in Libya during the first quarter of this year, on an annual basis, in some commodity group
Libya and Tunisia have agreed on a new plan regarding the free trade border zone, in terms of assigning a consulting office to prepare and design its commercial space.
The Movement of the Enterprises of France (MEDEF) has disclosed plans to hold a Libyan-French Energy Forum on June 21, saying that Libya is an energy giant with unexplore
The German Ambassador to Libya, Michael Unmacht, said on Friday that his deputy, Annika Engels, discussed with representatives of the Chamber of Commerce, Industry and Ag
Minister of Economy and Trade of the Government of National Unity, Mohamed Al-Hawij, underlined, on Friday, that Libya possesses human resources and competencies capable
The Head of the Libyan-Turkish Businessmen Association, Murtaza Karanfil, has called for more investments in Libya, stating that a large number of government industrial f
The Arab Brazilian Chamber of Commerce (ABCC) has announced that a group of Libyan businessmen have arrived in Brazil to learn about different production companies and co
Libya is planning to boost oil production by about 8% by next December, with a view to raising its output to the highest in over a decade, Bloomberg reported on Friday.
Benghazi city is preparing to host the Libyan-Tunisian forum for the reconstruction of the city next month, while Tripoli city will also be a station for a joint exhibiti
The Minister of Economy and Trade, Mohammed Al-Hawij, has discussed in Turkey with businessmen and owners of Turkish companies the resumption of Turkish companies work in
The National Oil Corporation (NOC) has announced the resumption of the Mellitah Oil and Gas Complex's operations after it was shut down for 16 days to carry out maintenan
The Ministry of Oil and Gas said that the National Oil Corporation (NOC) has 26 programs and 82 strategic initiatives in its plan to increase production and the efficienc
The activities of the 49th Tripoli International Fair, which witnessed the participation of local and International economic, productive and commercial institutions were
The Ministry of Planning in the Government of National Unity has reviewed the proposed estimated budget for the National Oil Corporation (NOC) for the fiscal year 2023.
The Head of the General Union of Chambers of Commerce, Industry and Agriculture, Mohammed Al-Raeid discussed Monday with the Greek ambassador to Libya, "Ioannis Stamatiko
The Central Bank of Libya (CBL) has announced that its Governor, Al-Siddiq Al-Kabir, discussed with Head of the United Nations Support Mission in Libya, Abdoulaye Bathily
The Minister of Finance of the Government of National Unity, Khaled Al-Mabrouk, has participated in the meetings of the Board of Governors of the Islamic Development Bank
The National Oil Corporation (NOC) announced the completion of the maintenance of the units of the Ras Lanuf Industrial Complex, to begin on Friday the first operating st