Browsing: Economy

The Economic Working Group of Libya, convened a plenary meeting on 15 December to discuss the progress of reunifying the Central Bank of Libya with Governor Saddek El-Kabir and Deputy Governor Ali El-Hebri, the United Nations Mission in Libya (UNSMIL) said on Friday.

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Libyan Prime Minister Abdul Hamid Dbeibeh on Wednesday accused Belgium of seeking to seize €14 billion euros ($15 billion) in Libyan assets frozen by the United Nations since 2011, AFP reported yesterday.

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The Governor of the Central Bank of Libya (CBL), Siddiq al-Kabir, has agreed with the Deputy Governor of the Central Bank of Egypt, Jamal Najm, to set a framework for joint cooperation.
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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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Representatives of the Central Bank of Libya (CBL) and Banque de France met in Paris to discuss cooperation on micro-finance management and investment, CBL said in a statement on Sunday.

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Director of Asian and Australian Affairs Department at the Libyan Foreign Ministry, Ahmed al-Naas, met Wednesday with the Ambassador of South Korea to Libya, Lee Sang-soo, according to the Libyan Foreign Ministry.
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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 Libya Africa Investment Portfolio (LAIP) has announced the recovery of 16 million US dollars frozen at Deutsche Bank in Germany, Italian news agency Nova reports.

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