Economy
Libya’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...
Read moreOCCRP: Libyan Central Bank Failed to Account for Billions of New Bills
The Organized Crime and Corruption Reporting Project (OCCRP) revealed a leaked financial review claiming that the Central Bank in Libya...
Read moreLibya & Holland Discuss Financial Cooperation
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, met with the Dutch Ambassador, Dolf Hogewoning, to discuss...
Read moreLibya’s NOC Reports $1.57 Billion Oil Revenues
On Sunday, Libya's National Oil Corporation (NOC) announced that crude oil revenues reached $1.57 billion dollars in May 2023, based...
Read moreLibya to Boost Oil Production by 8% in 2023
The Chairman of Libya's National Oil Corporation (NOC), Farhat Bengdara said that they are aiming to boost oil production by...
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