Browsing: Economy

Libya’s Foreign Minister, Najlaa Manqoush, in her capacity as Chair of the Preparatory Committee for the Libya Energy and Economic Summit 2021, met today with the organizers Energy Capital & Power Company, represented by James Chester, Senior Director, and local partner of the summit Ahmed Al-Ghazali, Deputy Director of the American-Libyan Chamber of Commerce, according to Energy Capital & Power.
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Prime Minister Abdul Hamid Dbeibeh decided on Wednesday to move the country’s Credit Guarantee Fund from its offical headquarters in Benghazi  to the capital Tripoli, according to documents leaked to the press.

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Libya is projected to record a GDP growth rate of 78.2% in 2021 if the presidential and parliamentary elections and the reunification of public institutions proceed, and oil production persists, the World Bank said.

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Libyan Economy Minister, Mohamed al-Huwaij, discussed with the French Ambassador to Libya, Beatrice du Helen, strengthening cooperation between the two countries and raising the level of trade exchange, during a meeting at the Ministry’s headquarters in Tripoli.
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The Libyan Investment Authority (LIA) signed a memorandum of understanding with Enterprise Greece, the official investment agency of the Greek state, to cooperate on investment and renewable energies, according to a statement by the LIA.

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