The General Libyan Union of Chambers (GLUCC) has called on the Presidential Council (PC) and the Central Bank of Libya (CBL) as well as the Planning and Economic Ministries, besides the other relevant authorities, to hold a meetRead more
The Libyan National Oil Corporation (NOC) has emphasized its position as the one and only legitimate entity in Libya that is recognized by the UN resolutions to be entitled to sell Libya's crude oil.
The Governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabeer, said the main reasons that led to economic and financial deterioration in Libya are related to the suspension of oil production and exportation in 2013, besideRead more
The Libyan African Investment Portfolio (LAP) announced on Wednesday it had won an appeal against a UK court judgement, which awarded millions of dollars to the Dubai-based Catalyst Managerial Services (CMS) in alleged unpaid inRead more
Libya’s parallel National Oil Corporation in Bayda has renounced an agreement reached with the internationally recognized National Oil Corporation in Tripoli last year to unify the two rival administrations.Read more
The Ministry of Finance released Monday a report about the number of Libya’s state workers and pay after matching them with the national ID number.Read more
An Italian trade delegation arrived in Zintan town in western Libya on Monday for talks with local officials on joint cooperation, sources have reported.Read more
The board member of the Libyan National Oil Corporation (NOC) Jadallah Al-Okli, has confirmed that Libya's oil output has shrunk by 80 thousand barrels per day.Read more