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Al-Hibri: Half of the state’s financial reserves have been lost.
Deputy Governor of the Central Bank of Libya, Ali Al-Hibri, said Saturday that half of the state’s reserves have been lost, adding that the current […] More
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in Economy
The Libyan Investment Authority denies withdrawing 15 billion euros from its accounts in Belgium.
On Wednesday, the Libyan Investment Authority denied the validity of news circulating about the withdrawal of 15 billion euros from its accounts in the “Euroclear” […] More
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in Economy
“FAO” Global food prices jump to their highest level in 10 years.
The Food and Agriculture Organization of the United Nations (FAO) said Thursday that global food prices reached their highest level in 10 years during 2021, […] More
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in Economy
French Senator “Angel Breville”: calls for facilitating trade relations with Libya.
The French Senator and President of the French-Libyan Friendship Group “Angel Breville” called for the need to strengthen the development of commercial relations of French […] More
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in Economy
Algeria’s Sonatrach is preparing to resume its activities after ensuring the safety of workers and equipment.
The general manager of the Algerian company, “Sonatrach”, “Tawfik Hakkar” said on Monday that the company is preparing to resume its activities and is working […] More
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in Economy
NOC: More than 300,000 barrels per day were lost after stopping production from the Al Sharara, Al Feel and Al Wafa fields.
On Monday, the National Oil Corporation announced a state of force majeure on the products of the Al Sharara, Al Feel, Al Wafa and Al […] More
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in Economy
Aoun: We hope to reach production of 2.1 million barrels within three years.
Oil Minister Mohamed Aoun said on Sunday that Libya is studying the possibility of offering contracts that would grant rewards to international oil companies; To […] More
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in Economy
“Williams” stresses the need to preserve the integrity of the oil corporation and keep it away from political disagreements.
Adviser to the Secretary-General of the United Nations, Stephanie Williams, stressed during her meeting with the head of the National Oil Corporation, Mustafa Sanalla, the […] More
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in Economy
Audit Bureau: Government institutes entered into contracts and financial obligations without providing the necessary financial cover.
The Audit Bureau confirmed in a letter addressed to the Prime Minister, on Monday, that there are officials in some of the government’s institutes, who […] More
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in Economy
The French “Africa Manager”: Saudi Arabia and Libya will loan Tunisia one billion dollars equally between them.
The French “Africa Manager” website said that Libya and Saudi Arabia will grant Tunisia a loan of $500 million each with small interest to help […] More
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