Browsing: Business

Outgoing Prime Minister, Abdul Hamid Dbeibeh, held a meeting on Wednesday with top officials of the state economy, including Governor of the Central Bank of Libya (CBL), Saddek Elkaber, head of the Audit Bureau, Khaled Shakshak, and the Minister of Finance, Muhammad Al-Shhoubi.

Libya’s National Oil Corporation (NOC) said on Thursday that it plans to reopen the Mabruk oilfield in the first quarter of 2023 with production up to 25,000 barrels per day.

Egyptian Prime Minister Mostafa Madbouly stressed Wednesday the importance of charting new trade routes to facilitate the transfer of goods between Egypt and Algeria other than the land route passing through Libya due to the current tensions there, according to a statement released by the Egyptian cabinet following Madbouly’s meeting with his Algerian counterpart.