Business

28Oct By EditorNo Comments

Business, culture, News, Science, World

Libya: LibiGPT, AI National Model, Launched in Tripoli

Tripoli— Libya's first ever model for generative artificial intelligence, LibiGPT, was launched on Monday in Tripoli marking a significant effort by the private sector in the country to venture into ...

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9Oct By EditorNo Comments

Business, News, World

Libya’s Central Bank: Value of Investment Portfolios is at $98.8 Billion

Tripoli— The Central Bank of Libya (CBL) has reported that the rise in gold and currency prices has led to a positive impact on the total value of the investment portfolios, which amounted to approxi...

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9Oct By EditorNo Comments

Business, News, Oil

Libya: Oil, Electricity Contracts with Foreign, Local Companies under Scrutiny  

Tripoli— As part of an attempt to bring accountability to the Libyan oil and electricity sectors, a reviewing technical committee has put contracts with foreign and local companies during the past fi...

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26Sep By EditorNo Comments

Business, culture, News, Politics

Libya: LAB Signs MoUs on Oversight Cooperation with UNDP, GIZ

Tripoli— The Libyan Audit Bureau (LAB) signed two Memorandums of Understanding with both the United Nations Development Program (UNDP) and the German Agency for International Cooperation (GIZ) aiming...

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26Sep By EditorNo Comments

Business, News, Society

Libya: Turkish Basalt Tiles Imported for Derna’s New 6-km Long Coastal Sidewalk  

Derna— Libya is importing huge quantity of Turkish natural basalt to be used for the newly constructed 6-kilometer coastal sidewalk in the city of Derna. The city has been going through a major re...

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25Sep By EditorNo Comments

Business, News, Science, World

Libya: Saved Italy’s FIAT in 1976, Abdulla Al-Saudi, Libyan Banker, Passes Away

Tripoli— Mr. Abdulla Ammar Al-Saudi, a prominent Libyan banker and a major figure in the financial world of the Middle East died on Tuesday 23 September 2025. He was recognized as a respected interna...

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20Sep By EditorNo Comments

Business, News, Politics

Libya: GNU, Turkey in Talks to Settle Contracts Signed before 2011

Tripoli— A large delegation from the Government of National Unity (GNU) held talks with senior Turkish officials in Ankara focused on settling contracts concluded before 2011 and those signed in 2024...

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5Sep By EditorNo Comments

Business, News, Oil, World

Focusing on Financing, Tripoli to Host Libya-Africa Gas Forum in December

Tripoli— The Libyan capital Tripoli will host the Libya-Africa International Gas Forum on December 6th and 7th in Tripoli, the National Oil Corporation (NOC) has announced on 3 September. The foru...

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28May By EditorNo Comments

Business, News, Oil, Politics

Libya’s NOC Denies Storming Its Tripoli’s Headquarters

Tripoli— Libya's National Oil Corporation (NOC) has denied on Wednesday reports that its headquarters were stormed by an armed group saying in a statement that those reports were "completely false" a...

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26May By EditorNo Comments

Business, News, World

Libya: Eastern Govt. Exempts Belarusians from Entry Visa, Residence Fees

Benghazi— The Parliament-appointed government has decided to exempt Belarusian citizens from entry visas and residence fees imposed on foreigners in Libya. The government, whose headquarters in Be...

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