Browsing: Economy

Informed sources confirmed that the Governor of the Central Bank of Libya (CBL), Siddiq Al-Kabir, had been seeking for some time to open the file of compensation for Turkish companies without even requiring them to resume work in exchange for successive compensation payments.

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Libya’s House of Representatives postponed on Tuesday the vote on the government’s proposed budget until the end of Eid Adha break, the House spokesman Abdullah Blehaq announced.

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Deloitte has finalized its audit review of the eastern and western branches of the Central Bank of Libya (CBL). A report of the review, which addresses a number of financial issues, was submitted to the Libyan government on Wednesday.

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Parliament Member, Abdel Salam Nassiya, said the Libyan people have the right to see the international review report of the Central Bank of Libya (CBL).
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Abdel Hamid Dbiebeh, Prime Minister of the Government of National Unity, called Thursday on the Governor of the Central Bank of Libya (CBL), Siddiq al-Kabir, and his deputy, Ali al-Hibri, to discard differences, whatever they were, and to think of a new stage in which all administrative bodies in the country would be unified.
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Mohammed al-Hawij, the interim government’s minister of economy, toured Benghazi’s seaport on Tuesday and said he was encouraged to turn it into a free trade zone after seeing the performance of its workers.

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Undersecretary of Libyan Foreign Ministry, Mohamed Khalil Issa, received Sunday the Greek Deputy Foreign Minister, Costas Fragogiannis and his accompanying delegation.
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Undersecretary of Oil and Gas Ministry reviewed Mellitah Oil and Gas Company’s activity and operations, the workflow of the offshore platforms in the Al-Buri field, and the efforts made to maintain production continuity.
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The Libyan Interior Ministry has closed the country’s the second largest crossing border with Tunisia, known as Wazen Al-Dhiba, due to a recent spike of COVID-19 cases in the neighboring country, sources told Libya Update on Thursday.

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TRIPOLI – The Libyan Minister of Economy and Trade, Mohammed al-Huwaij, discussed with the Tunisian Minister of Trade and Export…