Economy
Italian Company Secures $217 Million Contract to Develop Libyan Gas Platform
The Antonini Group, an Italian engineering and construction company, has secured a $217 million dollar contract for the construction of...
Read moreLibya’s Natural Gas Consumption Surpasses 1 Billion Cubic Feet
The National Oil Corporation (NOC) of Libya disclosed on Monday that the domestic consumption of natural gas has increased, reaching...
Read moreTunisian Exports to Libya Jump by 7% in 2023
On Sunday, the Tunisian economic portal, "African Manager," released a statistical insight into Tunisia's exports, including Libya. The report highlighted...
Read moreLibya’s Central Bank: Dbaiba’s Government Spent 56 Billion Dinars in 2023
The Central Bank of Libya (CBL) issued its monthly financial statement on Tuesday, revealing income and expenditure data from 1...
Read moreLibya’s Nafusah Oil Company Initiates Production
On Monday, the Libyan National Oil Corporation (NOC) announced that its technical teams from Nafusah Oil Operations (NOO), have achieved...
Read moreCentral Bank of Libya Announces Unification
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, alongside Deputy Governor Marai Miftah Rahil, declared that the...
Read moreLibya Reports $5 Billion Oil Revenues
On Sunday, Libya’s National Oil Corporation (NOC) reported the country's crude oil sales for the second quarter of 2023.In a...
Read moreLibya Prepares for Energy & Economy Summit
Libyan Oil Minister, Mohamed Aoun convened the first official meeting on Thursday with organizers for the Libya Energy and Economy...
Read moreItaly’s “Saipem” Secures $1 Billion Deal to Develop Libyan Gas Field
On Wednesday, Italy's Saipem announced that it had secured a coveted $1 billion dollar contract, signalling its expansive role in...
Read moreInvestigations Reveal Digital Currency Money Laundering Operations in Libya
Investigations into digital currency encryption cases in Libya have revealed money laundering operations conducted outside official channels, sources at the...
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