The chairman of Libya’s National Oil Corporation, Farhat Bengdara, has stated that the corporation is working towards increasing production rates…
Browsing: Economy
The fate of the economic situation between Turkey and Libya will be determined after presidential and parliamentary elections on May…
The Reconstruction and Stability Committee in the city of Benghazi has announced the start of preliminary work to construct four…
An order of 2,500 bulls which had been placed with a southern-based cattle exporter has been cancelled due to a delay in getting the purchaser’s visa approved, according to a report by Irish farming news website Agriland.
Libya and Italy have launched an agricultural project, which aims to enhance employment opportunities and better working conditions of full-time and seasonal migrant and local workers in Sabha, Murzuq, Ghat and Wadi Al-Hayaa districts of Fezzan region.
Libya’s public debt has reached high levels, which amounted to 70.4 percent of GDP in 2022, also equivalent to 126 percent of government revenue, according to the World Bank’s economic update in April.
The president of the Libyan General Electricity Company (GECOL), Mohamed al Mashai, has signed a contract for the construction of a new power plant, with a production capacity of 1,044 megawatts, in Zliten, a city in western Libya.
Misrata, Libya – An international delegation from the International Civil Aviation Organization (ICAO) in the Middle East has conducted an…
Tripoli – Mohammed Al-Shahoubi, the Minister of Transport for the National Unity Government, held discussions with German Ambassador Michael Ohnmacht…
The National Electricity Company of Libya (GECOL) has announced that the solar power generation plant of the predicted capacity of 500 megawatts located in the As Saddadah area, west of Sirte, has been commissioned and connected to the national electricity grid.