Business Archives | Page 3 of 4

8May

By EditorNo Comments

Business, News

LIA Estimates Assets at Over $68B

Tripoli_ Libya Investment Authority (LIA) said Wednesday that its assets have been valued at $68.4 billion in 2019. In a statement, it said the assets included $33.5 billion in cash, $21.1 billion...

17Apr

By EditorNo Comments

Business, News

Libya’s Oil Revenue Exceeds $2b in March

Tripoli_ The National Oil Corporation (NOC) said Thursday that oi revenue reached record levels in March 2021 to over US$2 billion. It said the amount of US$ 2,052,178,786.17 came from the sales of c...

Chinese Business Delegation in Libya Exploring Opportunities

4Apr

By EditorNo Comments

Business

Chinese Business Delegation in Libya Exploring Opportunities

Tripoli_ A high-level Chinese economic and commercial delegation from Kimberley CAPITAL Holding Company is visiting Libya these days and consulting with Libyan authorities, companies and businessmen ...

Libya: Chinese Communications Companies are Strategic Partners

3Apr

By EditorNo Comments

Business, News

Libya: Chinese Communications Companies are Strategic Partners

Tripoli_ The CEO of the Libya Post, Telecommunications and Information Holding Company (LPTIC) Faisel Gergab said Thursday, during a meeting with the Chinese Charge d'Affaires to Libya Wang Qimin, th...

Symposium Slams Oil Companies’ Impact on Libyan Heritage in South

1Apr

By EditorNo Comments

Business, culture

Symposium Slams Oil Companies’ Impact on Libyan Heritage in South

Tripoli_ A gathering of a number of historians and experts in the field of cultural heritage slammed the negative impact of oil companies on Libyan heritage and history in the south and called on aut...

Italian Companies to Finish Projects in Libya

31Mar

By EditorNo Comments

Business, News

Italian Companies to Finish Projects in Libya

Tripoli_ The return of Italian companies to Libya to finish projects that were agreed upon years ago was the main topic discussed in a meeting Tuesday between the Minister of Economy Mohamed Hwaij an...

30Mar

By EditorNo Comments

Business, News

Italy to Reopen Consulate in Benghazi

Italian Foreign Minister Luigi Di Maio said Tuesday that Italy is to reopen its consulate in Benghazi as Libya is moving ahead towards peace and stability. He told TG2 Post he had visited Libya tw...

Economy Minister Calls on German Companies to Return to Libya, Contribute to Rebuilding Efforts

30Mar

By EditorNo Comments

Business, News

Economy Minister Calls on German Companies to Return to Libya, Contribute to Rebuilding Efforts

Tripoli_ At a meeting with German Ambassador Oliver Owcza, the newly appointed Minister of Economics Mohamed Hwaij stressed that Libya has the desire to jump-start cooperation with Germany and is loo...

Suez Canal Blocked by Huge Container Ship Sends World Into Crisis

28Mar

By EditorNo Comments

Business, News

Suez Canal Blocked by Huge Container Ship Sends World Into Crisis

A 220,000-ton, 400-metre-long Ever Given – the megaship operated by the Taiwan-based firm Evergreen – became stuck near the southern end of the canal on Tuesday. The Suez Canal Authority (SCA) said i...

Ministerial Committee Formed to Explore Lifting Subsidies in Libya

27Mar

By EditorNo Comments

Business, News

Ministerial Committee Formed to Explore Lifting Subsidies in Libya

Tripoli_ Libya’s Prime Minister Abdul Hamid Dbeibah has decided Saturday to establish a committee to explore ways and means to lift subsidies on goods and materials that have for decades crippled the...