Business Archive


NOC mustafa sanalla
Mar 23, 2021

NOC builds new hospital in Benghazi

The National Oil Corporation (NOC) yesterday laid the foundation stone for its new clinic in Benghazi.

libyan audit bureau
Mar 15, 2021

Libyan government freeze transactions of investment funds to tackle corruption

The new unity government introduced a blanket freeze to all transactions across Libya's public funds and investment portfolios except those related to paying staff salary.

Feb 26, 2021

The National Oil Corporation releases figures of January oil revenues

TRIPOLI – The National Oil Corporation (NOC) announced its revenues from oil exports for January 2021. In a press statement, the NOC said that the monthly amount reached USD 1,409,093,619.13, adding that it has been deposited into its account at the Libyan Foreign Bank as per the UN-brokered political agreement.

libyan iron and steel company
Feb 25, 2021

Turkish company wins contract to renovate Misrata steel plant

MISRATA – The Libyan Iron and Steel Company (LISCO) said that it had signed an agreement with a Turkish steel company which would see the renovation of some of LISCO’s manufacturing plants. In a statement released on its Facebook page, LISCO said that it had signed a memorandum of understanding with Turkey’s BLS Machinery & Engineering Ltd about the development and renovation of three manufacturing facilities and the provision of spare parts for two others.

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