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Member of the Board of Directors of the Central Bank of Libya, Fakher Abu Farneh, revealed exclusively to our source that the Central Bank of Libya had formed a committee nine months ago, which laun…
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A government source told our source that the Council of Ministers of the Government of National Unity has issued a decision to cancel the assignment of the Gaddad family’s company — Al-Bashir Printi…
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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…
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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…
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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…
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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…