LFB, Bank UBAE Italy and Simest hold meeting to strengthen banking operations in Libya
Nov 28 Sami Zaptia

LFB, Bank UBAE Italy and Simest hold meeting to strengthen banking operations in Libya

Bank UBAE Italy reported yesterday that it held a meeting on the same day between Mohamed Addarrat, Chairman of Libyan Foreign Bank (LFB) and the inst...

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Dec 21 Sami Zaptia

Sirte oil production surpasses 100k barrels per day for the first time

By Sami Zaptia.London, 21 December 2020: Libya’s Sirte Oil Company achieved new and unprecedented crude oil production which exceeded 100,000 barrels...

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Jun 27 Sami Zaptia

Libya's May oil revenues at US$ 2.3 bn - up 24 percent

By Sami Zaptia.(Logo: NOC).London, 27 June 2019:Libya's National Oil Corporation (NOC) reported today that it recorded an income of US$ 2.3 billion fr...

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Salame calls on Libya's political elite to meet people's daily demands
Jan 19 Sami Zaptia

Salame calls on Libya's political elite to meet people's daily demands

By Sami Zaptia.London, 19 January 2019: In his latest briefing to the UN Security Council on the situation in Libya delivered yesterday by video link...

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Tobruk port struggles with high cargo volumes
Jul 4 Nigel Ash

Tobruk port struggles with high cargo volumes

By Ajnadin Mustafa.Tripoli, 4 July 2016:Tobruk, the only fully-functioning eastern port is buckling under the sheer weight of cargo arriving on its do...

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Markets dedicated to Tunisian products to open in Libya
Nov 24 Michel Cousins

Markets dedicated to Tunisian products to open in Libya

By Houda Mzioudet. Tunis, 24 November 2015:Markets dedicated purely to Tunisian produce are to set up in Benghazi, Zintan and Khoms according to the S...

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Audit Bureau exposes foreign currency scams
Aug 9 Sami Zaptia

Audit Bureau exposes foreign currency scams

By Libya Herald reporterTunis, 9 August 2015:Acting in cooperation with the Public Prosecution’s Office, the Audit Bureau revealed a list of eleven co...

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Libyan to head Arab Banking Corporation
Oct 30 Nigel Ash

Libyan to head Arab Banking Corporation

By Ashraf Abdul Wahab,Tripoli, 30 October 2013:Bahrain’s largest bank, the Arab Banking Corporation, which is 59 percent owned by the Libyan Central B...

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Jan 26 Nigel Ash

Konooz to list Libya’s first Islamic Fund

Tripoli, 26 January 2013:Konooz Investment Holding Company has announced it has obtained an initial permit from the Libyan Stock Market, to establish...

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