Akakus Oil Operations drills new Sharara field well with initial production of 1,750 bpd
Government & PoliticsAldabaiba: Militias have become criminal gangs and a state within the state
Business & InvestmentA 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL
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All imports into Libya must be paid for through official bank transactions
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Libya's economy showed recovery in 2024, remained resilient despite reliance on hydrocarbons and ongoing political and security instability: World Bank
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CBL demands imports are conducted through official banking instruments and the elimination of the FX black market
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Harouge Oil Operations Company replaces Al-Ghani field pipeline
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Exchanging notifications of the arrival of commercial ships through the (PTS) electronic trade portal starts
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Ministry of Economy warns against currency speculation
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LBC establishes first private-sector led industrial financing fund in Libya
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CBL reveals discovery of LD 3.5 billion in counterfeit 50-dinar notes printed in Russia – PM calls on Attorney General to open investigation
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