The Libyan-Maltese Forum for Trade and Export commenced in Malta on Wednesday, with the participation of Libya's Minister of Economy and Trade, Mohammed Al-Hawij, the Mal
Minister of Economy and Trade Mohammed Al-Hawij has instructed the relevant departments to streamline procedures and accelerate investment projects for Chinese companies
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, has discussed with a high-level delegation from the Bank of New York Mellon, efforts made to combat m
The Oil and Gas Technology and Sustainable Energy Conference and Exhibition commenced at the Oil Institute in Tripoli on Monday, with the participation of local, Arab, an
The Governor of the Central Bank of Libya (CBL), Saddek Elkaber, has met with the President of the African Import-Export Bank (AFREXIMBANK), Benedict Oramah, to discuss L
The Central Bank of Libya (CBL) announced the launching of "Article IV" consultations for the second year in a row with the International Monetary Fund (IMF) team as well
The Central Bank of Libya (CBL) announced the start of withdrawing the first and second prints of the 50 dinars banknotes from circulation on Sunday, saying that the last
A Libyan government delegation discussed Saturday the Libyan energy and production file during its visit to the White House, according to a statement published by the gov
Minister of Economy and Trade Mohamed Al-Hweij chaired a meeting on Saturday to discuss mechanisms for developing and addressing problems facing the insurance sector.
The Governor of the Central Bank of Libya, Saddek Elkaber, met with the Deputy Chief Executive Officer of JPMorgan Chase Bank, Daniel Zelikow, and the Global Head of the
Libyan Finance Minister, Khaled Al-Mabrouk discussed on Friday, with his Guinea-Bissau’s counterpart, Elidio Vieira, the settlement of the debt owed to Libya, as the latt
The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, the US Special Envoy to Libya, Ambassador Richard Norland, and US Deputy Secretary of State, Josh Harris ha
The Minister of Economy and Trade, Mohammed Al-Huweij, discussed with the French ambassador to Libya, Mostafa Mihraje, aspects of economic and trade cooperation between t
The Governor of Libya's Central Bank (CBL), Saddek Elkaber, has convened with his Turkish counterpart, Fatih Karahan, to explore means of fostering banking cooperation an
The Governor of Libya's Central Bank, Saddek Elkaber, convened with World Bank Group Executive Director Tawqir Shah to discuss the latest economic and financial developme
The Acting Minister of Foreign Affairs in the Government of National Unity (GNU), Taher Al-Baour, has discussed with the Executive Secretary-General of the African Union
The World Bank expected the Libyan economy to grow by a rate ranging between 4.8 and 5.8% from 2024 to 2026 provided that political stability and the oil sector in genera
The Libyan Iron and Steel Company (LISCO) signed a memorandum of understanding with the Italian company Danieli on Monday to launch a project to construct a direct reduct
The National Oil Corporation (NOC) has announced the revival of the initiative of 100 specialized training opportunities for the first graduates of Libyan universities in
The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, discussed with the Atlantic Council on Monday the latest developments in the Libyan economic and political
A parliamentary committee assigned to study the impact of the foreign exchange fee imposed by the House of Representatives Speaker convened a virtual meeting with Farhat
The Libyan Investment Authority has launched an arbitration proceeding against Belgium at the International Center for Settlement of Investment Disputes, affiliated to th
A branch of Med Oil, a subsidiary of the Mediterranean Oil Services Company, which is owned by the National Oil Corporation, was opened on Friday, in Istanbul, Turkey.
Libya overtook Nigeria as the continent's top crude oil producing state for March 2024, according to the Organization of the Petroleum Exporting Countries (OPEC) latest r
The Ministry of Finance of the Government of National Unity has underscored that the current crisis of liquidity scarcity was due to the repercussions of the continued pa
The National Oil Corporation announced the success of the Sirte Oil and Gas Production and Manufacturing Company in drilling an exploratory well within a new geological f
The total expenditures of legislative and executive authorities amounted to about 565.88 million dinars during the first quarter of the year 2024, excluding salaries for
The Prime Minister of the Government of National Unity, Abdul Hamid Dbeibah, formed a committee to negotiate with the two foreign partners (Total and ConocoPhillips) to a
The Planning, Finance and General Budget Committee and the Budget Restructuring Committee in the House of Representatives (HoR) called on the Government of National Unity
The Attorney General announced the imprisonment of an employee at the Jumhouria Bank – Al-Rashid branch in the capital, Tripoli, - and another person on charges of embezz
The Tunisian-Libyan Business Council has warned of the economic repercussions of the continued closure of the Ras Jedir border crossing from the Libyan side since March 1
During his meeting with the Acting Minister of Oil and Gas, Khalifa Abdel-Sadiq, Prime Minister Abdel Hamid Dbeibah has urged not to monopolize oil and gas by foreign com
The Chairman of the Management Committee at the Arabian Gulf Oil Company (Agoco)/ board member of the National Oil Corporation (NOC), Mohamed Bin Shtwan, chaired a meetin
The Central Bank of Libya (CBL) has announced in a statement published on its official Facebook page that the online platform for reserving foreign currency for individua
The French company Total Energy and the United States' ConocoPhillips: the two foreign partners of the National Oil Corporation (NOC) in the Waha Oil Company fields, requ
Libya's Investment Authority (LIA) CEO Ali Mahmoud discussed the accounts and consolidated statements of the institution and its subsidiaries during a meeting with Prime
The Russian Ambassador to Libya, Aydar Aganin, invited the Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, to visit Moscow to open opportunities of cooperation
The Arabian Gulf Oil Company (AGOCO) intends to hold a workshop between the 4th and 6th of next November on the oil and gas potential of the "Cyrenaica Flat" and neighbor
The Libyan Energy Forum called for stopping any measures affecting sovereign wealth, holding the High Council of Energy, the Presidency of the National Oil Corporation, a
Mohamed Al-Hweij, Minister of Economy and Trade, has announced plans to reduce the state's reliance on oil sector exports to 40% and increase income from investment proje
The Ministry of Economy and Trade disclosed on Wednesday plans to convene a Libyan-German economic forum in the capital, Tripoli, in June, with the participation of busin
The National Oil Corporation (NOC) announced on Tuesday that Mellitah Oil and Gas Company had completed re-drilling the fifth well (FB-21HOR-ST2) in the El Feel field, an
The Minister of Economy and Trade, Mohammed Al-Hawij, has discussed with the Director of Programs at the Expertise France the follow-up of the economic diversification pl
A team from Baker International Company presented a visual proposal to the Prime Minister of the Government of National Unity outlining areas of collaboration and propose
The Vice-Chairs of the Presidential Council, Abdullah Al-Lafi and Musa Al-Koni met with the Governor of the Central Bank of Libya, Siddiq Al-Kabeer, on Tuesday to discuss
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, has met with the German Ambassador to Libya, Michael Ohnmacht, to discuss training and raising the ca
The committee tasked by the African Petroleum Producers' Organization (APPO) with selecting a headquarters for the African Energy Bank intends to visit Ghana and Nigeria.
Libya ranked fourth in Africa, and sixth in the Arab world, in terms of gold reserves in central banks, according to the Libyan Center for Building Indicators.