The United States welcomed on Sunday the announcement of the reunification of the Central Bank of Libya (CBL), which it described as “a step critical to Libya’s economic stability and development.”
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Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, welcomed on Sunday the announcement of reunification of the Central Bank of Libya.
The European Union welcomed on Monday the announcement of the reunification of the Central Bank of Libya, which it hailed as a “step in the right direction for the unity of Libya”.
The United Nations Support Mission in Libya (UNSMIL) welcomed on Sunday the announcement of the finalization of the reunification of the Central Bank of Libya.
The Libyan Supreme Finance Committee for Regulating Spending and Revenues held on Sunday its fourth meeting in Misrata, headed by the President of the Presidential Council, Mohamed al-Menfi.
Libya’s National Oil Corporation (NOC) announced that its net revenues from sales of crude oil, gas, condensates and petrochemicals exceeded $5 billion in the second quarter of 2023, the Libyan company announced on Facebook, specifying that oil exports last May produced 1.57 billion dollars in revenues.
Egypt is planning to establish a 300-feddan logistics zone near Salloum Land Port on the border with Libya, Asharq Business reported on August 16th.
Libyan Libyan Minister of Economy and Trade, Mohamed Al-Hwej arrived in Tunis on Friday where he met with Tunisian Prime Minister Ahmed Hachani.
Italy’s engineering, drilling, and construction services provider Saipem has secured a new contract worth approximately $1 billion for the development of a gas project off the coast of Libya. The contract is with Mellitah Oil & Gas Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa.
Oil prices edged higher on Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the seventh straight week of gains, the longest such streak since 2022, Reuters reported.