Al-Waha Oil Company’s production reached 322,000 bpd.

The National Oil Corporation (NOC) announced on Tuesday, that Al-Waha Company oil production reached 322,000 barrels of oil per day, compared to 280,000 barrels...

LIA meets IsDB to discuss investment opportunities, boost Libyan growth.

The Libyan Investment Authority (LIA) held discussions with the Islamic Development Bank (IsDB) on Sunday to explore ways to enhance their strategic partnership and...

Berndt meets with the Minister of Economy.

Chargé d’Affaires of the U.S. Embassy, Jeremy Berndt, discussed with the GNU Minister of Economy, Mohamed Al-Haweij, his country’s support for economic aspiration...

CBL, HCS discuss financial stability, medical access.

Libya's Central Bank (CBL) Governor, Saddek Elkaber, held a meeting in Tripoli on Tuesday with Omar Al-Obaidi, the Second Deputy Chairman of the High...

National Trailer Company resumes production after 13-year hiatus

The National Trailer Company has resumed its production operations to re-enter the competition in the local market. The step comes after a 13-year hiatus due...

Mellitah Company succeeds in enhancing production of two oil wells.

Mellitah Oil and Gas Company has succeeded in carrying out non-excavator intervention operations for two wells in the Abu Attifel field, by removing scale...

Libya greenlights easier investment path for China.

Minister of Economy and Trade Mohammed Al-Hawij has instructed the relevant departments to streamline procedures and accelerate investment projects for Chinese companies seeking to...

Al-Kabir discusses with Bank of New York Mellon combating money laundering.

The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, has discussed with a high-level delegation from the Bank of New York Mellon,...

Al-Kabir agrees with Norland and Harris on need for effective management...

The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, the US Special Envoy to Libya, Ambassador Richard Norland, and US Deputy Secretary of...

World Bank expects economic growth in Libya in the coming two...

he World Bank expected the Libyan economy to grow by a rate ranging between 4.8 and 5.8% from 2024 to 2026 provided that political...