Yesterday, the National Oil Corporation published an official notice trhat summarises the situation across Libya for the oil and gas sector. NOC stated that Oil and gas production in Libya have been consistently down. Hence, the current levels of production are 97,508 barrels a day, as of Wednesday March 11, 2…

During yesterday’s meeting with the Chairman of the Social Solidarity Fund Authority, the Finance Minister Faraj Boumtari considered the precautionary measures needed to battle the coronavirus threat. The head of the Social Security Fund expressed his complete readiness to provide all the necessary financial re…

On Tuesday, Benghazi Municipality held a meeting with the eastern branch of Libya’s Privatization and Investment Board in order to review its investment map. Benghazi Municipality claimed that, during the meeting, they discussed the results of previous meetings on its investment map. It was also agreed to prepa…

Today, gold prices rose as investors shunned risky assets after the United States announced a travel ban from virus-hit Europe, exacerbating fears of a global economic downturn. Spot gold was up 0.2% to $1,638.35 per ounce at 09:37 GMT. U.S. gold futures fell 0.3% to $1,637.80. European shares sank to their …