Browsing: Economy

Egyptian Prime Minister Mostafa Madbouly stressed Wednesday the importance of charting new trade routes to facilitate the transfer of goods between Egypt and Algeria other than the land route passing through Libya due to the current tensions there, according to a statement released by the Egyptian cabinet following Madbouly’s meeting with his Algerian counterpart.

Libya’s outgoing prime minister, Abdul Hamid Dbeibeh, suspended the board of directors of the state-owned General Electricity Company of Libya (GECOL) over the country’s electricity crisis, Dbeibeh’s government announced on Sunday.

The European Union has launched the E-NABLE project, which objective is to support major Libyan economic institutions in adopting digital economic governance tools and improving digital services provided to companies, according to a statement by the the ministry of economy affiliated with Dbeibeh’s government.

Tunisair Express, a Tunisian airline company, has reopened its office in Tripoli after nearly 7-year-long closure, announced the Council of Tunisian and Libyan Businessmen on Sunday.

Deputy Prime Minister of the Libyan outgoing government invited on Wednesday African investors to invest in Libya, at the Fifth Financing Investment and Trade in Africa (FITA 2022) conference, held in Tunisia.