💼 أعمال Libya

Libya Heraldمنذ 11 ساعة

غرفة تجارة مصراتة تناقش مع الأعضاء القضايا التجارية مع الدول المجاورة – توصيات تحال إلى الحكومة

Misrata Chamber of Commerce Chairman, Fathi Al-Amin Al-Turki—accompanied by Abubaker Abdulbari Shanab, Director General of the Chamber, and several department directors—held an extensive consultative meeting today with a group of business owners operating in the sectors of import, export, and logistics. The meeting aimed to explore ways to enhance trade exchange and overcome the difficulties and obstacles hindering the smooth flow of commercial transactions between Libya and…

Libya Heraldمنذ 12 ساعة

Arabian Gulf Oil Company Connects five new wells at Sinawen Field

The Arabian Gulf Oil Company (AGOCO) reported yesterday that it has successfully completed a new technical project at the Sinawen field by connecting five vital wells at the field: G2, C1, S1, S2, and Q3. It said this comes as part of its strategy to support production operations and enhance well efficiency. AGOCO said all connection work has been successfully completed, and the wells are now technically ready to be integrated into the production and oil transport system, pe…

Russia, Libya Bilateral Relations, Trade & Investment: October 2026 Update

Libya Reviewمنذ 1 يومًا

Report: US Federal Reserve Suspends Dealings With Libya’s Central Bank

The US Federal Reserve has suspended financial transactions with the Central Bank of Libya, including dollar dealings, amid concerns over the appointment of Fawzi Abu Khzam as governor, according to a report by French outlet Africa Intelligence. The suspension followed Abu Khzam’s assumption of the position on 22 October, replacing Naji Issa. The report said US authorities had raised concerns over the transparency of the leadership transition and the legal basis for the appo…

Turkish Army’s $34 Billion Pension Fund Enters Libyan Oil Trade

Libya Reviewمنذ 2 يومًا

Libya’s AGOCO Restores Oil Well After Two Decades

Libya’s Arabian Gulf Oil Company (AGOCO) has restored production at an oil well that had been inactive for more than 22 years, achieving a test output of 7,355 barrels of crude oil per day, the National Oil Corporation (NOC) announced on Thursday. The well, Z3HR-80, is located at the Majid oil field and had been classified as a non-producing observation well for more than two decades. According to the NOC, production tests confirmed that the well was flowing naturally at 7,3…

Libya Heraldمنذ 2 يومًا

Minister of Economy & Trade Abu Shiha discusses with Tunisian Minister of Trade & Export Development increased cooperation

Libya’s Tripoli based Minister of Economy and Trade, Suhail Abu Shiha, held discussions with the Tunisian Minister of Trade and Export Development, Samir Obeid, on ways to strengthen economic and commercial relations between the two countries. The discussions were held on the sidelines of the forty-second session of the COMCEC Conference in the Turkish city of Istanbul from 31 October to 3 November 2026. The talks focused on developing mechanisms to regulate trade exchanges…

Libya Reviewمنذ 2 يومًا

Libya’s Central Bank Governor Praises Reconstruction Efforts in Benghazi

Belgassem Haftar, Director General of the Libya Development and Reconstruction Fund, accompanied Central Bank of Libya Governor Fawzi Abukhzam on a tour of the University of Benghazi on Thursday, 5 November, to inspect reconstruction work completed by the fund. According to a statement published by the fund, Haftar briefed the governor on the results of the university’s rehabilitation programme and improvements made to its academic facilities. Officials Tour Reconstructed Un…

Libya Heraldمنذ 2 يومًا

Minister of Economy & Trade holds discussions with Sudanese, Nigerien and Chadian counterparts at Istanbul’s COMCEC 2026

Libya’s Tripoli based Minister of Economy and Trade, Suhail Abu Shiha, discussed with the Sudanese Minister of Industry and Trade, Mahasen Al-Yaqoub, the Nigerian Minister of Trade, Abdullah Sidou, and the Chadian Minister of Trade, Guibolo Mathieu, ways to organize and develop trade relations and regulate trade exchange between Libya and the three countries. This came during separate meetings held on the sidelines of the forty-second session of the COMCEC Conference in the…

House Speaker proposes replacing fuel subsidies with direct cash payments to citizens

Libya Reviewمنذ 2 يومًا

Libya’s NOC Discusses Oil and Gas Cooperation With Turkish Petroleum

Libya’s National Oil Corporation (NOC) has discussed opportunities to strengthen cooperation with Turkish Petroleum, including expanding activities in the oil and gas sector. NOC Chairman Masoud Suleiman met Turkish Petroleum Executive Director Cem Erdem to discuss issues of mutual interest and prospects for developing the partnership between the two sides. In a statement, Suleiman said the meeting focused on opportunities to enhance cooperation across several fields and exp…

Libya October crude oil output recovers to 1.4m bpd

Libya Reviewمنذ 2 يومًا

Libya Reports $3.12 Billion in Oil Revenues in October

Libya’s National Oil Corporation (NOC) reported total crude oil production of 43.47 million barrels in October 2026, while natural gas production reached 77.8 million cubic feet, according to its monthly production and revenue statement. The NOC said Libya’s share of crude oil production amounted to 34.61 million barrels, compared with 7.48 million barrels allocated to partners. The volume available for export stood at 6.29 million barrels. Crude oil exports totalled 30.04 m…

Wahda Bank picks Backbase for digital banking

Libya • US Treasury suspends dollar transactions with Libya's central bank

Libya Heraldمنذ 3 يومًا

محافظ مصرف ليبيا المركزي، أبو خزام، يؤدي اليمين القانونية أمام مجلس النواب

The new Governor of the Central Bank of Libya, Fawzi Abu Khazam, took the legal oath before the Speaker of the House of Representatives and several members of the House today. This action was taken in accordance with the House of Representatives' resolution dated 2 November 2, 2026, appointing him as Governor of the Central Bank of Libya, and serves to fulfil the legal requirements for him to assume his official duties. The CBL said this step comes at a critical juncture tha…

Libya Heraldمنذ 3 يومًا

فوزي أبو خزام يؤدي اليمين كمحافظ لمصرف ليبيا المركزي

Libya Heraldمنذ 3 يومًا

مجلس الأعمال الليبي ينظم ورشة عمل حول الصكوك الإسلامية ودورها في التمويل

The Libyan Business Council (LBC)—in collaboration with Amwal Financial Brokerage—held a specialised workshop titled "Islamic Sukuk (bonds) and Their Role in Financing" at the LBC’s Tripoli headquarters. The workshop, held last Monday 2 November, was organized exclusively for LBC members as part of ongoing efforts to enhance understanding of modern financial instruments and to expand financing and investment opportunities within the private sector. The workshop covered the c…

Libya Heraldمنذ 3 يومًا

مجلس الأعمال الليبي يستضيف ورشة عمل حول تمويل الصكوك الإسلامية

Libyan Parliament Speaker Swears in New Central Bank Governor

Libya Heraldمنذ 3 يومًا

وزارة الاقتصاد تقوم بتحول آخر: يمكن الآن استيراد البضائع دون دفع بنكي

The Tripoli based Libyan Ministry of Economy and Trade announced yesterday that its Minister, Suhail Abu Shiha, issued Decree No. (555) of 2026, which regulates the importation of goods and commodities using foreign currency from the parallel market. The decree permits such imports on a temporary basis—subject to established legal regulations and procedures—until 31 March 2027. Justifying the U-turn, the Ministry said this decision is intended to regulate import operations a…

Libya Heraldمنذ 3 يومًا

يعقد رئيس مجلس إدارة المؤسسة الوطنية للنفط سليمان عدة اجتماعات مع شركات النفط الكبرى في مؤتمر ومعرض أديبك 2026 في أبوظبي

Posting on his personal social media page, National Oil Corporation Chairman, Masoud Suleiman, said he continued his participation in the second day of the ADIPEC 2026 Conference and Exhibition in Abu Dhabi. He reported that he held a series of meetings with leaders from major global energy companies—including Repsol, Eni, Baker Hughes, Alkhorayef, and OMV—to discuss: · Accelerating the implementation of strategic projects and exploration activities The National Oil Corporat…

Libya Heraldمنذ 3 يومًا

يعقد رئيس مجلس إدارة المؤسسة الوطنية للنفط سليمان عدة اجتماعات مع شركات النفط الكبرى في مؤتمر ومعرض أديبك 2026 في أبوظبي

Africanewsمنذ 3 يومًا

Libya's eastern administration appoints a new central bank governor