Austrian OMV unveils its oil plans in the city of Sirte – here are the details
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The Austrian oil company OMV announced on Tuesday the discovery of an onshore oil field off the coast of Libya.
The National Oil Corporation (NOC) had announced late last week that OMV’s B-1 expl…
Dbeibeh: “80% of the currency we sell from oil goes to commercial banks, and I am not accusing anyone”
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Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, stated: “The Central Bank is like a protective umbrella for the state — it safeguards its resources, whether from taxes or re…
Reuters: Libya Considering Raising Oil Production to 1.6 Million Barrels Per Day Next Year
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Reuters reported on Tuesday, quoting Oil Minister Khalifa Abdul Saddeq, that Libya is considering increasing its oil production to 1.6 million barrels per day in 2026 and to 1.8 million barrels per…
Naji Issa: “The Banking Sector Is Under Pressure… And This Is What Will Happen If We Don’t Raise Citizens’ Purchasing Power”
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The Governor of the Central Bank of Libya, Naji Issa, stated regarding the Banking Investment Initiative that it is not necessarily meant to be implemented next month, but rather to be ready as part…
Exclusive: Government Of National Unity Instructs Public Entities To Adopt Electronic Payment Systems And Cease Cash Or Manual Transactions
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Our source obtained a circular from the Secretary-General of the Cabinet of the Government of National Unity addressed to ministers and public institutions, mandating the adoption of electronic paym…
Exclusive: Minister of Finance of the Government of National Unity Urges Inclusion of Electronic Payment Methods in the Budget Regulations
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Our source exclusively obtained a previous correspondence from the Minister of Finance of the Government of National Unity addressed to the Prime Minister, proposing a partial amendment to the budge…









