Kabeer discusses banking reform with German Ambassador

The Governor of the Central Bank of Libya, Sadiq Al-Kabeer held a meeting via telephone with the German ambassador to Libya, Oliver Owcza.In a tweet on his official page, the German ambassador stated that the Governer updated him on…

Gununu: We will not accept a resolution that involves Haftar

The Spokesperson for the Army of the Government of National Accord (GNA) Colonel Mohammed Gununu stated while the GNA is committed to the ongoing ceasefire agreement signed in Geneva, General Khalifa Haftar's forces have not shown the same…

NOC and Akakus oil discuss increasing oil production

Chairman of the Libyan National Oil Corporation Mustafa Sanalla met with the chairman of management operations, Ahmed Ammar in Akakus Oil to discuss increasing production rates.According to a statement issued by the NOC on its social…

Biden to eliminate ‘Muslim’ travel ban

One of Donald Trump's first and most controversial moves in office was to implement what became known wildly by critics and supporters alike as 'Muslim ban', a policy that restricted people from majority Muslim countries from travelling to…

Divided Central Bank holds first unified meeting in years

The Central Bank of Libya's divided board of directors held a preliminary meeting for the first time in six years to address the exchange rates and ongoing financial crisis in the country.In an official statement, the CBL reported that…

Ongoing conflict will cost Libya 1 trillion dollars

According to a study by the United Nations Economic and Social Commission for Western Asia (ESCWA), the ongoing Libyan conflict will cost the country one trillion dollars in lost income.The study which is dubbed 'Economic Cost of the…