The President of the Libyan Presidential Council (PC), Mohamed al-Menfi, met Saturday with the President of China, Chen Jinping, on the sidelines of the first Arab-Chinese summit, held in Saudi Arabia.
Browsing: Economy
A former JPMorgan investment manager and an ex-Julius Baer banker were found guilty in a London court on Thursday of defrauding a Libyan sovereign wealth fund out of millions of dollars by paying hidden fees to their own offshore companies.
The government of Abdul Hamid Dbeibeh has increased the economic suffering by spending 300 billion dinars (roughly 61 billion dollars)…
Airbus and the French financial prosecution office have agreed to settle an investigation related to bribery in Libya and Kazakhstan more than a decade ago, with the planemaker paying a fine of about 16 million euros, the two parties said at a court hearing on Wednesday.
The Governor of the Central Bank of Libya, Saddek Elkaber, said Libya needs to boost oil production to enact sweeping development plans and diversify an economy heavily reliant on energy exports.
Europe’s largest airline by passenger numbers, Ryanair, is in talks with authorities in Egypt and Libya about operating flights to the countries for the first time, Chief Executive Michael O’Leary said on Tuesday.
The Turkish “Karanfil Group”, headed by Mortada Karanfil, head of the Turkish-Libyan Business Council, said that it is preparing to…
The “First Conference for Investment in Africa – Libya its Gate” was held in the Turkish city of Istanbul for…
The Governor of the Central Bank of Libya (CBL), Saddek Elkaber, was Ankara on Monday where he met Turkey’s Minister of Trade, Mehmet Muş, for talks on “joint cooperation between the Libyan and Turkish banking sectors,” according to a brief statement by the Libyan bank.
The Central Bank of Libya (CBL) has accused deputy governor of the bank, Ali al-Hibri, of signing “forged” banknotes with face value of 50 Libyan Dinars.