The Organization of Petroleum Exporting Countries (OPEC) has agreed to write off Libya’s accumulated debts, estimated at 20 million Libyan dinars, Libya’s Ministry of Oil and Gas announced on Monday.
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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.
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 spokesman for the Greek Ministry of Foreign Affairs announced that his country exercises “its sovereign rights with full respect…
The Central Bank of Libya (CBL) has said that public revenues amounted to 92.6 billion dinars (about $19 billion) from the beginning of this year until November 30, compared to spending of 85.7 billion dinars (about $17.6 billion) during the same period.
The government of Abdul Hamid Dbeibeh has increased the economic suffering by spending 300 billion dinars (roughly 61 billion dollars)…
The Central Bank of Libya (CBL) Governor, Siddiq al-Kabir, met Sunday with members of the Planning and General Budget Committee of the Parliament.
Libyan Oil Minister, Mohamed Aoun, attended the 185th meeting of the Organization of Petroleum Exporting Countries (OPEC) Ministerial Council via Zoom, according to Oil Ministry.
The Libyan National Oil Corporation (NOC) said Sunday its production of crude oil amounted to 1.210 million barrels during the past 24 hours.
Athens has officially condemned the new Memorandum of Understanding signed on October 3 between Ankara and the Libyan government of…