Italian engineering and construction company Saipem announced on Wednesday that it has successfully delivered a gas recovery module for the Bouri Gas Utilization Project to its offshore installation…
Louay Al-Griw, Media Adviser to the Libyan Investment Authority (LIA), said that Ali Mahmoud is spearheading efforts to transform the Authority’s agreements and memoranda of understanding into concr…
Libyan businessman Husni Bey said that his call for the complete cash replacement of fuel and energy subsidies—whose annual cost he estimates at more than 100 billion Libyan dinars—is driven not onl…
The Central Bank of Libya confirmed exclusively to our source that it will begin, starting Tuesday, implementing a $3.5 billion foreign currency allocation program through commercial banks.
Accor…
Financial analyst Khaled Al-Zantouti has written an article warning of what he describes as a growing demographic challenge facing Libya.
Al-Zantouti argues that Libya is experiencing a range of…
At a time when the world is witnessing growing reliance on electronic payment services, citizens in Egypt reported disruptions today affecting several payment machines and points of sale, along with…
