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...
Tripoli Chamber to hold meeting to discuss why Tripoli port has...
The Tripoli Chamber of Commerce and Industry (TCCI) has called on all its members and importers to register for a planned meeting to discuss...
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...
Installation of solar systems in hospitals
Under the umbrella of the sustainable development programs of NOC which were funded by the Spanish Repsol Consortium and implementation of the United Nations...
CBL reveals improvements in Libya’s 2017 finances: deficit down by 48...
The Tripoli-based Central Bank of Libya (CBL) has released the latest figures for the Libyan economy covering the period 01/01/17 to 31/12/17.
The figures continue...
Germany continues to lead foreign financial support for Libya
Most Libyans are completely unaware that Germany is the largest foreign aid donor to the country: some €233 million was given by Berlin over...
