Browsing: Business

The Libyan National Oil Corporation (NOC) said Member of its Board of Directors, Abul Qasim Snengir, was arrested Saturday morning at Mitiga Airport in Tripoli while returning from abroad with his family, “in an arbitrary and inappropriate manner that does not rise to the level of responsibility in dealing with a public and national figure.”
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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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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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