Libya’s Sirte Oil Company to Stop Production due to Lack of Funds
On Thursday, the Sirte Oil Company (SOC) announced that it would be unable to continue producing oil due to the ...
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Tag: Funds
New Libyan PM Stops Accounts of All Investment Funds with Immediate Effect
On Saturday, Libya’s new Prime Minister, Abdulhamid Dbaiba, signed his Circular No. 1 for 2021, regarding suspending all accounts of ...
Read moreNOC Funds to Remain in Libyan Foreign Bank
Chairman of Libya's National Oil Corporation (NOC), Mustafa Sanalla stated that oil revenues will be kept in the NOC’s account ...
Read moreLibyan Human Rights Investigation Postponed Due to Lack of Funds
The United Nations adopted a proposal from the Human Rights Council (HRC) to postpone the investigations into human rights violations ...
Read moreArab Parliament Calls on UK Government To Protect Libyan Funds
The Arab Parliament submitted a memorandum in 2018 that was resubmitted three months ago to the British House of Commons, ...
Read moreAl-Thinni Stresses Need to Preserve LIA Funds
On Monday, the Prime Minister of the eastern-based Interim Government Abdullah Al-Thinni emphasized the need to preserve the funds of ...
Read moreEuropean Parliament Calls For Suspending Funds To Turkey
A number of European parliamentarians reportedly demanded the cessation of EU-funded aid to Turkey due to its aggressive policies. Austrian ...
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