Our source exclusively obtained the commercial register and founding contract for the mentioned company in the Central Bank’s report, “Hadrian Food Imports,” which indicates that its founders are, Abdul Basit Al-Dawadi, a major shareholder in the Libyan Islamic Bank, along with his brothers, Faisal Al-Dawadi, and, Tarek Al-Dawadi, registered in the commercial register of the […]
Oil Price website reported today, Thursday, that after the overthrow of the Libyan leader Muammar Gaddafi, the security and financial risks for international oil companies operating in Libya increased significantly. Regardless of the dismantled government institutions and the ongoing civil war, the imminent threat of force continues to be present at the country’s main oil […]
Our source obtained a correspondence from the Central Bank of Libya to the Libyan Islamic Bank, which included granting financing to several companies worth millions, in violation of its instructions. This action could subject the bank to severe penalties, including the suspension of the board of directors and the general manager, the formation of a […]
The Ministry of Oil and Gas responded to the contents of the letter from the former president of the National Oil Corporation, Mustafa Sanalla, dated January 9, 2022, addressed to the Head of the Administrative Control Authority and published on some social media platforms. The ministry stated that during the second half of 2006 and […]
The British S&P Global Platts reported in its article today, Monday, that protesters from the Ubari region in the south of the country have taken to the streets in recent days amid anger over rising fuel prices and a shortage of economic opportunities. El-FeelField, with a capacity of 70,000 barrels per day, has also been closed. […]
The French intelligence website, Africa Intelligence, stated today, Monday, in its article that the project of the Italian company ENI is set to fail in Libya due to the eruption of a battle between the Minister of Oil, Aoun, and the National Oil Corporation. The French website pointed out that the major Italian oil company […]
The Director of the Banking and Monetary Control Department at the Central Bank of Libya revealed in a statement to our source: “If the smuggling of food and other goods to neighboring countries continues in the absence of relevant authorities controlling border crossings, it will have a significant negative impact on the national economy. This […]
Sources revealed in an exclusive statement to Sada Economic Newspaper that the Governor of the Central Bank of Libya, Seddiq Al-Kabeer, categorically rejected the disbursement of the budget to the Government of National Unity. According to the sources, the Governor of the Central Bank of Libya emphasized the necessity of disbursing a budget approved by […]
