OiLibya Kenya Earnings facing Increased Risk from Mismanagement
A storm is brewing in OiLibya that may have a negative impact on its earnings and reputation. What is now emerging is a tale...
The return of Libyana Network to Benghazi
The coverage of Libyana mobile phone network has returned to the area of Souk Ahdash in Alsabri and sea road in the eastern city...
Total public debt is 94 billion dinars
A bank source said that the total "cumulative" public debt in Libya reached very high levels, contrary to what was announced by the Central...
Libyan Dinar gains value against dollar on prospect of increased dollar...
The Libyan dinar kept its gains over the last week on the prospect of more hard currency being released into the Libyan market starting...
EU supports Libyan Chambers of Commerce
EU funds support a new and greater role for Libyan Chambers of Commerce
Libyan and European key economic players gathered on 11 January 2018 in...
Operation of the medicines factory
President of the Presidential Council of the Government of Accord met the Chairman of the Association for manufacturing medicine and officials of the Italian...
Libya tripled oil revenue in 2017 as production recovers
LIBYA’S oil revenues nearly tripled in 2017 to $14 billion as the country managed last year to gradually recover its oil production, reaching 1...
NOC wins Arbitration on Ras Lanuf Refinery
National Oil Corporation is pleased to announce the successful conclusion of arbitration brought against NOC in front of ICC Court in Paris by Trasta...
Oil Revenues Triple in 2017; Budget Deficit Halved
The Central Bank of Libya (CBL) says that Libya’s revenue for 2017 reached LYD 22.31 billion ($16.5 billion).
This was made up of:
oil exports of LYD...
$31bn Budget for 2018
The public budget in Libya for 2018 has been set at around 42.5 billion Libyan dinar ($31 billion dollars at official bank rates).
Oil revenue...
