Libya-Turkey continue talks for return of Turkish companies

The Turkish Ambassador to Libya, Serhat Aksen confirmed that talks regarding the return of Turkish companies to Libya are developing well, saying that Turkish...

GNA MoI Discusses Partnership Project Financed By EU.

GNA Minister of Interior, Fathi Bashagha met Monday with Operations Coordinator at Terrorism Combating Department, the partnership financed by the EU, Ahmed Abdulwahed, Director...

Libya’s oil chief dismayed at excluding pay increase of workers from...

The National Oil Corporation's (NOC) Board of Directors and Oil and Gas Workers Union have expressed disappointment at news published in various social media...

Libya, Russia discuss ways of promoting relations

Foreign Minister of Presidential Council, Mohamed Siyala, confirmed that the return of Russian companies to Libya is near. According to a statement issued by the...

Libya Finance Ministry to form committee for new financial policy

The minister of finance of Presidential Council’s government Osama Hamad said the ministry will form a committee of experts to propose a financial policy...

Head of Price Balancing Fund slams CBL on import credit issue.

The head of the Price Balancing Fund (PBF) Jamal al-Shaibani said that they were unable to supply foodstuffs for the holy month of Ramadan...

Libya’s Economic Outlook: World Bank Predicts 15% Growth.

From the World Bank Group. At the current pace of spending in a context of conflict and insecurity, Libya will either exhaust foreign exchange reserves...

Syrian goods arrive in Libya’s Benghazi for shopping exhibition

The exhibition will host over 100 Syrian companies, according to the Head of Libyan business owners council in Benghazi Fawziya Al-Furjani. Furjani added that the...

10.5 billion dollars; expected deficit in Libya’s 2018 budget.

The Chairman of the Financial Commission at the House of Representatives (HoR) Omar Tantoush said the commission is reviewing two budget options: the first...

Libya considering ways of recovering its outstanding loans to African states.

The Faiez Serraj-led Presidency Council’s Ministry of Finance and the Libyan Foreign Bank (LFB) discussed various ways that Libya can recover ‘‘faltering’’ loans to...