Sun’allah: NOC Has Big Role In Upgrading Libyan Economy.

Chairman of the National Oil Company Mustafa Sun'allah has stressed the need to close ranks to ensure economic equality in Libya. In remarks at...

First Libyan International Insurance Forum discusses Islamic insurance.

The First Libyan International Insurance Forum held in Tripoli on Monday discussed the ‘‘reality and potential’’ of the Libyan insurance sector and focused on...

NOC Chairman advocates for diversification, individual empowerment as tools for economic...

Libya’s National Oil Corporation (NOC) Chairman, Eng. Mustafa Sanalla, has called for a programme of economic transformation alongside the political process to solve protracted...

US, Libya agree Further Cooperation

At a ceremony in Tunis on October 10, the United States Government, through the U.S. Agency for International Development (USAID), and the Government of Libya,...

GNA approves 48 billion LYD budget for 2020.

Libya's budget for 2020 is estimated at just under 48 billion Libyan dinars, about 34 billion dollars, the Ministry of Economy and Industry has...

Libya-US talks to develop oil sector and enhance transparency.

Libyan and US officials held talks in Washington on Tuesday on ways to bolster Libya's oil sector and enhance transparency in data dissemination in...

Economy Minister reviews with UN mission economic reforms.

The UN envoy deputy for political affairs, Stephanie Williams, has discussed with Minister of Economy, Ali Al-Esawi the budget and economic reforms. "The meeting touched...

Tripoli’s Finance Ministry discusses developing e-payments systems.

The Tripoli-based Finance Ministry reported that it discussed the development of e-payments at a meeting with its department managers, the Customs Authority and the...

Libya’s Central Bank: State revenue reached 41.5 billion dinars so far...

The Central Bank of Libya (CBL) said the Libyan state revenue of the last three quarters of 2019 amounted to 24.5 billion dinars plus...

Libyan government plans to form committee for studying draft budget.

The Government of National Accord (GNA) is to form a committee to study the draft budget, consisting of representatives from the ministries of finance,...