Libyan Foreign Bank opens office in Misrata Free Zone
Mar 22 Sami Zaptia

Libyan Foreign Bank opens office in Misrata Free Zone

Libyan Foreign Bank (LFB) opened an office in Misrata Free Zone (MFZ) Wednesday, in the presence of the MFZ Chairman, Mohsen Al-Sigutri, several LFB B...

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UBAE holds risk management training for Libyan banks in Tunis
Mar 1 Sami Zaptia

UBAE holds risk management training for Libyan banks in Tunis

A three-day training forum for Libyan banks on risks management started in Tunis yesterday (28 February to 2 March). The event is sponsored by the Rom...

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Two French Court of Appeal judgements lift Tunisian company’s seizures of LFB assets
Sep 6 Sami Zaptia

Two French Court of Appeal judgements lift Tunisian company’s seizures of LFB assets

The Chairman of the Board of Directors of the Libyan Foreign Bank (LFB), Mohamed Al-Darrat, said that the bank’s management managed, in early Septembe...

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NOC could raise investment funds externally through bonds, loans or with existing partners: Bengdara
Jul 18 Sami Zaptia

NOC could raise investment funds externally through bonds, loans or with existing partners: Bengdara

The newly installed National Oil Corporation (NOC) chairman, Farhat Bengdara, said his organisation could raise funds for further investment externall...

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Libya to increase oil production to 1.5 million by year end, needs LD 7 billion budget - delayed 2021 budget will hinder development
Jun 3 Sami Zaptia

Libya to increase oil production to 1.5 million by year end, needs LD 7 billion budget - delayed 2021 budget will hinder development

By Sami Zaptia.London, 3 June 2021:Libya’s Oil Minister Mohamed Aoun said Libya’s oil production before the 2011 revolution had reached an estimated a...

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Apr 16 Sami Zaptia

Libya’s March record oil revenues tip US$ 2 billion mark, NOC transfers US$ 2 to government account

By Sami Zaptia.(Logo: NOC).London, 16 April 2021:Libya’s state National Oil Corporation (NOC) announced yesterday that its March oil revenues reached...

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Mar 19 Sami Zaptia

UNSMIL concerned for bank official reportedly kidnapped by militias

By Sami Zaptia.London, 19 March 2021:UNSMIL yesterday said it is concerned for the safety of Mr Abdul Khaliq Mohamed Misbah Ibrahim, a Libyan Foreign...

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Mar 15 Sami Zaptia

Libya’s oil revenues for February reach US$ 1.24 bn: NOC

By Sami Zaptia.(Logo: NOC).London, 15 March 2021:Libya’s state National Oil Corporation (NOC) announced yesterday that the country’s oil revenues for...

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Feb 28 Sami Zaptia

NOC reveals record US$ 1.4 billion January oil revenues

By Sami Zaptia.(Logo: NOC).London, 28 February 2021:Libya’s state National Oil Corporation (NOC) announced record January 2021 oil revenues of 1,409,0...

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Libya earns record US$ 1.1 bn oil revenues for December: NOC
Jan 25 Sami Zaptia

Libya earns record US$ 1.1 bn oil revenues for December: NOC

By Sami Zaptia.London, 25 December 2021:Libya’s state National Oil Corporation (NOC) announced Saturday that the general revenue for December 2020 of...

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