The Libyan Prime Minister appointed by the House of Representatives, Osama Hammad, the Executive Director of the Derna Reconstruction and…
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International oil prices are likely to stay near $80 a barrel in 2024, a Reuters poll showed on Friday, as analysts predicted weak global growth would cap demand, while geopolitical tensions could provide support.
Libya’s top financial auditor has sounded alarms over a tentative deal between the state-owned National Oil Corporation (NOC) and foreign…
The Libyan National Oil Corporation (NOC) announced Tuesday that its subsidiary Mellitah Oil and Gas Company completed re-drilling the Fourth Well in the El Feel field, with a production capacity of about 3,500 barrels of oil per day.
Saddiq Kabeer, Governor of the Central Bank of Libya, chaired an internal meeting today with “relevant departments of the bank to discuss the adoption of the estimated budget for 2024 ,” according to a brief statement by the bank.
Libyan Islamic Bank (LIB) has partnered with Backbase, a Dutch financial technology company that provides engagement banking for financial institutions, “to streamline its customer service operations and enhance its customers’ digital banking experience,” according to a statement by the Dutch company.
Libya natural gas production has decreased by 8 percent due to the progressive depletion of existing wells, according to the country’s Audit Bureau.
The Libyan Finance Minister, Khaled Al-Mabrouk, and his Italian counterpart Giancarlo Giorgetti held a meeting in Tripoli on Friday.
Eni, tan Italian multinational energy company, and the International Organization for Migration (IOM) have signed a 5-year-term cooperation agreement to contribute to boost youth employment in Libya’s Fezzan region.
A Libyan delegation from the Benghazi Chamber of Commerce and Industry underlined, during a meeting with representatives of the Tunisian Chamber of Commerce, the importance of supporting the Tunisian economic fabric in the eastern regions of Libya, and providing investment opportunities to Tunisian economic actors in the sectors of industry, agriculture, commerce and hospital institutions.