Economy
Foreign Companies Encouraged to Return to Libya
On Wednesday, Libyan Minister of Oil, Mohamed Aoun said that the stability being witnessed by Libya is encouraging foreign companies...
Read moreLibya’s Oil Sector in Chaos after Deputy Minister Resigns
Reffat Al-Abbar, former deputy oil minister’s resignation, threatens to worsen the turbulent oil sector. Al-Abbar is believed to have had...
Read moreLibya’s Oil Revenues Record $1.9 Billion Dollars in August
On Saturday, the Libyan National Oil Corporation (NOC) announced that the total oil revenues in August hit $1.9 billion, down...
Read moreLibya Seeks to Attract US Oil Companies to Boost Output
On Tuesday, Libyan Oil Minister, Mohamed Aoun stated that he wanted US oil companies to return to Libya, and help...
Read moreItalian Exports to Libya Exceed €1.7 Billion
Italian Trade Commissioner, Romano Barroso, stated that Italy established itself in the first quarter of 2021 as the first destination...
Read more500 Companies to Participate in Benghazi International Fair
The Tunisian-Libyan Economic Cooperation Council announced that the Benghazi International Fair will kick off on 17 October. It had been...
Read moreLibya Prepares to Participate in Expo 2020 Dubai
Libyan Minister of Economy and Trade, Mohamed Al-Hweij held a meeting on Thursday to discuss preparations for participating in the...
Read moreLibya’s Reconstruction to Cost $200 Billion
Minister of Economy in Libya's Government of National Unity (GNU), Mohamed Al-Hwaij stated that the reconstruction of the country would...
Read moreLibya-Egypt Probe Enhancing Joint Energy & Oil Cooperation
On Thursday, Libyan Minister of Oil and Gas, Mohamed Aoun, held talks with his Egyptian counterpart, Tariq El-Molla to discuss...
Read moreLibya’s NOC Announces Resumption of Oil Exports
On Thursday, Libya's National Oil Corporation (NOC) announced the resumption of export operations at the Es Sider and Ras Lanuf...
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