Local News: Economic News
Aoun discusses with the Secretary-General of the APO Organization a study of establishing a gas pipeline from Nigeria to Europe passing through Libya.
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Tripoli, January 11, 2024 (LANA) - The Minister of Oil and Gas in the National Unity Government, “Mohamed Aoun,” discussed with the Secretary-General of the Organization of African Petroleum Producing "APO" Countries, Omar Al-Farouq, the work of an economic study to establish a gas pipeline from Nigeria to Europe, passing through Niger and Libya. This came during Aoun’s reception yesterday, Wednesday, at the ministry’s office in Tripoli, with “Al-Farouk,” accompanied by the... Read more
Ben Qaddara discusses with Fezzan notables the repercussions of the closure of the Sharara oil field by protesters.
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Tripoli, January 9, 2024 (LANA) - The Board of Directors of the National Oil Corporation, in the presence of its Chairman, “Farhat Ben Qaddara,” discussed today, Tuesday in Benghazi, with notables from the Fezzan region the repercussions of the sit-in that led to the declaration of a state of force majeure in the Sharara oil field near Ubari in southern Libya. Last Sunday, the National Oil Corporation declared a state of force majeure at the Sharara oil field, against the backdrop of its closure by protesters demanding... Read more
The Governor of the Central Bank of Libya discusses with the Ambassador of the European Union to Libya the latest developments in the unification of the Central Bank of Libya.
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Tripoli, January 8, 2024 (LANA) - The Governor of the Central Bank of Libya, “Al-Siddiq Al-Kabir,” discussed with the European Union Ambassador to Libya, “Nicola Orlando,” the latest developments in the unification of the Central Bank of Libya, in the presence of the economic advisor at the embassy, “Lillian Anjou.”The bank's media office stated that the meeting took place yesterday, Sunday, in its office and discussed the role of international institutions in helping to reconstruct the city of Derna and its surrounding areas,... Read more
Libyan Tax Authority achieves unprecedented revenues exceeding three billion dinars.
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Tripoli, January 06, 2024 (LANA) - The Tax Authority of the Ministry of Finance of the Government of National Unity achieved during the year 2023 the highest percentage of revenues that the authority had achieved since its establishment.The disclosure and transparency report on total revenues prepared by the authority for the period from January 1 to December 31, 2023 showed that the total increase in the value of revenues reached 37 percent over the year 2022, with a value exceeding three... Read more
The Minister of Economy and Trade is following up on the activation of the stock market.
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Tripoli, January 2, 2023 (LANA) - The Minister of Economy and Trade of the National Unity Government, Muhammad Al-Hawaij, visited the stock market on Tuesday, during which he met with the Chairman of the Board of Directors of the Libyan Stock Market, Bashir Ashour.During his tour, the Minister was briefed on the work of departments and offices and the progress of electronic trading operations for the stock market after its activation.Al-Hawaij stressed the importance of activating the... Read more
