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Local News: Economic News

Minister of Economy and Industry grants permission to launch the commercial electronic registry system.

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Tripoli, 3 February, 2021 (Lana) Minister of Economy and Industry, Faraj Boumtari, launched Wednesday, at the ministry’s headquarters, electronic commercial register system, in the presence of Minister of Labor and Rehabilitation. And according to the Ministry, the first article of the decision stipulated that the General Commercial Registry Office, through local commercial registries, would be given the activation of the electronic commercial registry system.  The Ministry... Read more

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Al-Brega Company prepares to launch stations for filling stationary gas cylinders.

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Tripoli, 3 February, 2021 (Lana) - The Brega Oil and Gas Marketing Company called on citizens not to overcrowd at its fuel distribution stations, especially in Tripoli.  The company stated in a statement on its official Facebook page that fuel is available and the reason for the delay in the entry of oil tankers to the unloading areas on time is bad weather, and that work is underway to transfer fuel shipments from its warehouses through supply lines and trucks to the stations of... Read more

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Governor of Central Bank of Libya discusses with the ambassador of Italy economic developments.

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 Tripoli, 3 February, 2021 (Lana) Governor of the Central Bank of Libya, "Al-Siddiq Al-Kabeer", met Wednesday, with the Italian ambassador to Libya, "Giuseppe Buccino Crimaldi", in the presence of the commercial attache, Michel Rossi.  The meeting, which was held at the governor’s office in the Tripoli, dealt with discussing economic and commercial conditions and developments in the country, in addition to exchanging views on many issues of common concern. = ... Read more

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Oasis Oil Company reviews with its foreign partner plans to support joint projects.

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 Tripoli, 31 January, 2021 (Lana) Chairman of the Owners Committee of Oasis Oil and Gas Company, Khalifa Abdel-Sadiq, with the representative of the foreign partner in the company, were briefed on all the projects that were completed in 2020.  This came during an expanded meeting held at the company’s headquarters, in which proposals and support plans were discussed for the current year, in addition to following up on the progress of major projects such as the “Jallo 3”... Read more

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Libyan Investment Company discusses portfolios activity.

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Tripoli, 25 January, 2021 (Lana) - During its meetings for the 2021 fiscal year , the Libyan Investment  Company discussed, along with the investment portfolios owned by the company, the activity of the portfolios and the most important work performed.  The Company stated in a post on its official Facebook account that the meeting, which was held with the participation of the Libya Africa Investment Portfolio and the long-term investment portfolio, discussed measures... Read more

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