Louay Al-Qariou, the spokesperson for the Libyan Investment Authority, clarified that the authority’s investment presence in Egypt is sound, and…
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Libya’s Central Bank has instructed commercial banks to implement a decision by the Speaker of the House of Representatives, Aguila…
Abdul Hamid Dbeibeh, Prime Minister of the Tripoli-based Government of National Unity, has rejected a joint decision by the House of Representatives and the Central Bank of Libya to impose tax on foreign exchange rate.
Ageela Saleh, the Speaker of Libya’s parliament, the House of Representatives (HoR), has approved a request from the Saddek El-Kaber, the Governor of the Central Bank of Libya (CBL), to impose a tax/fee/levy of 27 percent on the current official LD exchange rate.
Libya’s Central Bank Governor, Al-Siddiq Al-Kabir, met with officials from the Markets, Risks, and Research departments at the Bank of…
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, met with the Executive Director of the International French Companies Movement Foundation and discussed cooperation with French companies to contribute to supporting the National Oil Corporation and the General Electricity Company in Libya.
The Libyan-Italian Chamber of Commerce reported yesterday that it had held meetings, led by its chairman Anwar Abu Sitta, with the Milan and Brescia Chambers of Commerce in Italy. Abu Sitta was accompanied by a group of businessmen affiliated with the Chamber.
Members of Benghazi Chamber of Commerce will be participating in this year’s Offshore Technology Conference (OTC 2024) in Houston, Texas, USA being held from 9 to 6 May.
Libya’s National Oil Corporation (NOC) has confirmed plans to launch a licensing round at the end of 2024 or early-2025, as well as initial interest received in the country’s marginal assets.
Libya’s House of Representatives and High Council of State took note of the Central Bank’s warning against excessive spending by the Government of National Unity, calling for an investigation into the expenditures of the Tripoli-based government.