Head of NOC slams Ministry of Finance for delaying 2018 budget
The Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, criticized what he described as the foot-dragging of the Ministry of Finance in liquidating...
Tripoli Court of Appeal cancels decision to dismiss two CBL officials.
The Administrative Circuit of Tripoli Court of Appeal cancelled Monday the decision of the Audit Bureau concerning the dismissal of two employees from the...
Tunisian-Libyan Bank to set up Tripoli branch this month.
The Tunisian-Libyan Bank (The Banque Tuniso-Libyenne BTL) announced that it will open a new headquarters in Tripoli in 2018.
According to the Tunisian newspaper Sabah...
Libyan economist predicts Libyan dinar will regain its strength against dollar
Libyan economist and founder of the Libyan Stock Market, Suleiman Shahoumi, has attributed the rise in the dollar price on the black market to...
CBL denies withdrawing banknotes from circulation.
The Central Bank of Libya (CBL) denied Saturday issuing a decision to withdraw any bank notes, after rumors spread through some media in this...
Libyan Tripoli-based CBL says Libya is witnessing thorough,economic reform
The Tripoli-based Central Bank of Libya (CBL) has issued a statement detailing the results of the latest efforts it had done to regain the...
Tanzania to start repaying Libyan debt
The Tanzania government has agreed to start repaying its outstanding debt to Libya.
This was announced by Libya’s Foreign Ministry after a meeting between the...
Libya ranked 185 in World Bank’s Ease of Doing Business Index.
The World Bank Group has ranked Libya in 185th place out of 190 countries in its report on the Ease of Doing Business Index...
Libya Makes Small Appearance in Hess’ Capex
Hess Corporation released its 2018 E&P capital and exploratory budget which amounts to $2.1 billion, the same as 2017.While the majority of the company’s...
Libya’s NOC says oil production remain under many budget constraints.
Libya’s ability to rebuild its oil output will be hindered by ongoing constraints on National Oil Corporation’s (NOC) budget, Chairman of NOC, Mustafa Sanallah...
