Business Archive

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

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.

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.

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.