Business Archives | Page 2 of 8

Libya: Tunisia Reopens Its Consulate in Benghazi

26May

By EditorNo Comments

Business, News, World

Libya: Tunisia Reopens Its Consulate in Benghazi

Benghazi—Tunisia has reopened Saturday its consulate in the city of Benghazi after a long period of hiatus. This comes as business relations between Tunisia and the authorities in eastern Libya has e...

Libya: GNU to Take ‘Measures’ to Reduce Public Spending

29Apr

By EditorNo Comments

Business, Libya, News, Politics

Libya: GNU to Take ‘Measures’ to Reduce Public Spending

Tripoli— Coming under a mounting pressure to take steps toward economic reform, Prime Minister Abdulhamid Dbeibeh said Tuesday that a number of measures are to be 'immediately' announced by the Gover...

Libya’s PM: Maritime Border Central to Security, Sovereignty

23Apr

By EditorNo Comments

Business, News, Politics

Libya’s PM: Maritime Border Central to Security, Sovereignty

Tripoli— "The maritime border issue is a sovereign issue that touches on the core of Libyan national security and cannot be addressed with a technical logic separate from the national political decis...

Libya: CBL, GNU, Parliament Rush to ‘Explore’ Deepening Economic Crisis

18Apr

By EditorNo Comments

Business, Libya, News, Politics

Libya: CBL, GNU, Parliament Rush to ‘Explore’ Deepening Economic Crisis

Tripoli— "It is necessary to initiate a package of economic reforms in order to raise and improve the standard of living according to a rapid action plan," the Governor of the Central Bank of Libya (...

Libya: IMF Says Unified Budget Key to Economic Reform

17Apr

By EditorNo Comments

Business, News, Politics

Libya: IMF Says Unified Budget Key to Economic Reform

Washington— In its "Staff Concluding Statement of the 2025 Aric IV Mission," the International Monetary Fund (IMF) stressed Wednesday that Libyan authorities need to pursue efforts to establish a uni...

Libya: Unified Budget Law Sent to Parliament for Debate

16Apr

By EditorNo Comments

Business, News, Politics

Libya: Unified Budget Law Sent to Parliament for Debate

Al-Qubba--The Speaker of the House of Representative Agila Saleh received on Monday the draft law of a unified general budget for the year 2025 at his office in Al-Qubba city. If approved by the P...

Libya: CBL Governor Fails to Show Up for Hearing in Parliament

16Apr

By EditorNo Comments

Business, News, Politics

Libya: CBL Governor Fails to Show Up for Hearing in Parliament

Tripoli— The Governor of the Central Bank of Libya (CBL) Naji Issa has failed to show up in Parliament for a previously scheduled hearing on Tuesday 15 April. He has been strongly criticized for such...

EmaarLibya, Italian-Libya Chamber of Commerce Sign MoU

13Apr

By EditorNo Comments

Business, Libya, News

EmaarLibya, Italian-Libya Chamber of Commerce Sign MoU

Benghazi— Libya and Italy are moving quickly to strengthen economic cooperation in the private sector as competition among nations to gain part of the huge Libyan potential intensifies. On 11 Apri...

FULL TEXT: Libya’s Central Bank’s Statement on 6 April

8Apr

By EditorNo Comments

Business, News, Politics

FULL TEXT: Libya’s Central Bank’s Statement on 6 April

Tripoli— On 6 April, the Central Bank of Libya (CBL) announced a 13.3% devaluation of the dinar against special drawing rights (SDRs), increasing the value of the dollar by 5.5677 dinars. Under this ...

Libya’s Central Bank Says Illegal Migrants Cost Country $7 Billion Annually

8Apr

By EditorNo Comments

Business, News, Politics

Libya’s Central Bank Says Illegal Migrants Cost Country $7 Billion Annually

Tripoli— The Central Bank of Libya (CBL) says the influx of illegal migration drains the country of $7 billion annually, according to an official statement published by the bank on 6 April. The CB...