Exclusive: Waha Oil Company Spends LYD 468 Million Annually on Foreign Labor Amid Concerns Over Libyan Engineers
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Our source has obtained correspondence from the head of the Supervisory Committee at Waha Oil Company regarding a request from the head of the National Oil Corporation (NOC) for an urgent and compre…
Husni Bey: Borrowing LYD 10 Billion Won’t Solve Libya’s Spending Deficit: It Will Push It Into the Future
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Businessman Husni Bey has clarified his position regarding reports that Libya’s Government of National Unity plans to issue bonds worth LYD 10 billion, stressing that borrowing should not be used si…
Exclusive: Libya’s Unity Government Finance Minister Denies Public Spending Drove Exchange Rate and Price Increases
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Our source has obtained a copy of a letter from Unity Government Finance Minister Rashed Abughaffa to the Governor of the Central Bank of Libya, in which he rejected claims that government public sp…
Exclusive: Legal Department Opens Door to Judicial Action Against Al-Huweij Over Travel Restrictions on Economy Ministry Staff
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Our source has obtained a copy of a legal opinion issued by the Legal Department, which reportedly found that former Economy Minister Mohamed Al-Huweij acted unlawfully by infringing upon the consti…
Exclusive: NOC Moves to Curb Suspected Financial Waste at Waha Oil Company Over Foreign Labor
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Our source has exclusively obtained correspondence from Libya’s National Oil Corporation calling for a reduction in the use of foreign workers hired on a daily-wage basis and their replacement with…
Africa Intelligence: NOC Chief Quietly Shuts Down Strategic Communications Department
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French publication Africa Intelligence reported on Saturday that the head of Libya’s National Oil Corporation (NOC) is quietly shutting down the corporation’s Strategic Communications Department…











