Libya’s reconstruction drive needs $200 billion, says Al-Hawij.

Libya needs $200 billion for reconstruction projects, says Minister of Economy Mohammed al-Hawij, indicating that this figure comes according to studies carried out by...

CBL Governor, PM Dbeibah discuss situation of banks in the country.

The Governor of the Central Bank of Libya (CBL), Sadiq Al-Kabir, held on Monday a meeting with the Prime Minister of the Government of...

Oil Minister welcomes international companies that work with modern technology

The Minister of Oil and Gas Mohammed Oun said Libya welcomes all international companies that work with modern technology and can add cutting-edge expertise...

Libya signs contracts with Egyptian companies to build power stations.

Libya’s State Minister for Economic Affairs, Salama Al-Ghwail, said that contracts had been signed with Egyptian companies to implement electricity projects, estimated at a...

CBL Governor discusses banking issues with his Egyptian counterpart.

The Governor of the Central Bank of Libya (CBL), Sadiq Al-Kabir, held a meeting on Thursday, with his Egyptian counterpart, Tareq Hassan Amer, in...

NOC considers assigning Deloitte to audit Mellitah and Arabian Gulf.

The National Oil Corporation (NOC) is considering commissioning the international financial auditing company Deloitte to audit Mellitah and the Arabian Gulf Oil Company. In a...

PC calls on CBL to deal responsibly with the UNOPS-led financial...

The Presidential Council (PC) has called on the Central Bank of Libya (CBL) to deal "responsibly" with the results and recommendations of the audit...

Tripoli gears up for Libyan-Algerian Economic Forum.

Tripoli is gearing up to host the Libyan-Algerian Economic Forum in the coming period, says the head of the Economic and Social Council of...

Dbeibah: Libya’s oil reserves are estimated at 40 billion barrels.

The Prime Minister of the Government of National Unity (GNU), Abdel Hamed Dbeibah said that Libya possesses tremendous wealth, a relatively small population, along...

Sanallah: Libya’s oil production decreased to over 1.2 million bpd.

The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah said Libya's oil production dropped from one million and 300.000 barrels per day...