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Libyan Economy Expected To Grow 16% Due To Oil

Libyan Economy Expected To Grow 16% Due To Oil

(MENAFN- Brazil-Arab News Agency (ANBA)) São Paulo – Libya's economy is estimated to have grown 1.9% last year, following a 10.2% increase the year before, and is expected to expand by 16.1% in 2025, remaining closely tied to the performance of...

Libyan-Italian economic forum kicks off in Benghazi

Libyan-Italian economic forum kicks off in Benghazi

The Libyan-Italian Economic Forum officially launched on Tuesday in the city of Benghazi, coinciding with the inauguration of the first direct flight by Italy’s national airline from Rome to Benghazi. The three-day forum is hosting around 100...

Libya’s National Oil Corporation signs MoU with Turkish Petroleum Company (TPAO)

Libya’s National Oil Corporation signs MoU with Turkish Petroleum Company (TPAO)

The Chairman of Libya’s National Oil Corporation (NOC), Masoud Suleiman, signed a Memorandum of Understanding (MoU) with the Director of the Turkish Petroleum Corporation (TPAO), Ahmet Türkoglu, in Istanbul. According to a statement by the NOC,...

Libya, Turkey Sign MoU To Conduct Geophysical Study Offshore

Libya, Turkey Sign MoU To Conduct Geophysical Study Offshore

Libya's National Oil Company (NOC) had signed a memorandum of understanding with Turkish state oil company TPAO to conduct a geological and geophysical study of four offshore areas, NOC said on Wednesday. "Discussions were also held regarding...

Libya, Turkey sign MoU on offshore areas, Athens reiterates rejection

Libya, Turkey sign MoU on offshore areas, Athens reiterates rejection

FOREIGN AFFAIRS Libya’s National Oil Company (NOC) has signed a memorandum of understanding with Turkish state oil company TPAO to conduct a geological and geophysical study of four offshore areas, NOC said on Wednesday. “Discussions were also...

Libyan and Turkish State Oil Corps. Sign Exploration Deal

Libyan and Turkish State Oil Corps. Sign Exploration Deal

The National Oil Corporation (NOC) of Libya announced on Wednesday it had signed an agreement with Turkey’s state-owned Turkish Petroleum Corporation (TPAO) to undertake offshore exploration in four sea areas, a move expected to raise tensions...

Libya – Turkey: Signing of a Geological and Geophysical Memorandum of Understanding on Four Offshore Zones

Libya – Turkey: Signing of a Geological and Geophysical Memorandum of Understanding on Four Offshore Zones

Facebook Twitter LinkedIn WhatsApp The Libyan National Oil Corporation (NOC) signed a memorandum of understanding this morning in Istanbul with the Turkish Petroleum Corporation (TPAO). Under the terms of the agreement, TPAO will be responsible...

Libya, Turkey sign geological, geophysical MoU on four offshore areas, NOC says

Libya, Turkey sign geological, geophysical MoU on four offshore areas, NOC says

Libya's National Oil Company (NOC) had signed a memorandum of understanding with Turkish state oil company TPAO to conduct a geological and geophysical study of four offshore areas, NOC said on Wednesday. "Discussions were also held regarding...

Finovate Global Africa: Investments, Acquisitions, and Partnerships

Finovate Global Africa: Investments, Acquisitions, and Partnerships

This week’s edition of Finovate Global looks at recent fintech headlines from Nigeria and South Africa. BAS Group acquired a majority stake in Nigeria’s Zuvy Nigeria-based diversified financial services group BAS Group announced this week that it...

Libya heads UN regional agency on social development

Libya heads UN regional agency on social development

25 june 2025 - 10:28:53 MA/BBA 201 Views Panafrican News Agency Tripoli, Libya (PANA) - The Libyan Minister of Social Affairs, Wafaa al-Kilani, has taken over the chairmanship of the Social Development Committee of the United Nations Economic and...

Turkey to start exploring for gas off Libya

Turkey to start exploring for gas off Libya

[Website of Libya’s National Oil Corporation] Turkey is moving slowly and methodically in its developing relations with Libya so as not to disrupt the delicate balance it has achieved with the United States, as is evident from the memorandum of...

Despite the fall of Assad, the illicit drug trade in Syria is far from over

Despite the fall of Assad, the illicit drug trade in Syria is far from over

Despite the current government’s hostility to the trade, the country remains a hub for the production and distribution of the drug. During the country’s long-running civil war, the Assad regime was hit by sanctions and diplomatic isolation, and...

ITA Airways alongside the Libyan–Italian Forum for Development and Reconstruction

ITA Airways alongside the Libyan–Italian Forum for Development and Reconstruction

ITA Airways is accompanying the Italian delegation participating in the Libyan-Italian Forum for Development and Reconstruction, taking place on June 25 and 26 in the city of Benghazi, with a charter flight from Rome-Fiumicino to Libya’s economic...

GAC opens Benghazi showroom, signs strategic deals to expand presence in North Africa

GAC opens Benghazi showroom, signs strategic deals to expand presence in North Africa

Shanghai (Gasgoo)- GAC Group ("GAC") recently inaugurated its new dealership showroom in Benghazi, Libya's second-largest city, marking a significant step forward in its North African market expansion,according to a press release GAC INTERNATIONAL...

More than 100 business representatives arrive in Benghazi for the Libyan Italian Forum for Development and Reconstruction

More than 100 business representatives arrive in Benghazi for the Libyan Italian Forum for Development and Reconstruction

The eastern based Libyan authorities reported that more than 100 representatives of Italian companies arrived in Benghazi yesterday to participate in the activities of the Libyan Italian Forum for Development and Reconstruction, to be held in...

Ghana Leads Africa’s Gold Reserve Surge as Central Banks Shun Currency Risk

African central banks are accelerating gold acquisitions to shield reserves from global financial volatility, with Ghana emerging as a standout—holding nearly half its foreign assets in bullion—amid a continent-wide pivot toward the precious metal...

Libyan Oil Minister reviews energy cooperation with Iranian ambassador

Libyan Oil Minister reviews energy cooperation with Iranian ambassador

Libya’s Minister of Oil and Gas, Khalifa Abdulsadiq, held talks with the Iranian ambassador to Libya on Monday to explore avenues for cooperation in the energy sector and address the challenges facing Libya’s oil and gas industry amid evolving...

Ideas & Opinions — Pauli Halstead: War with Iran will be catastrophic for the U.S. economy

Ideas & Opinions — Pauli Halstead: War with Iran will be catastrophic for the U.S. economy

In his recent article, “The High Price of War with Iran: $10 Gas and the Collapse of the U.S. Economy”, former Ohio Representative, Dennis Kucinich, warns against the dire economic consequences of an attack on Iran. “Remember this diabolical...

Greece to deploy navy to deter Libyan migrant crossings

Greece to deploy navy to deter Libyan migrant crossings

Greece's Prime Minister Kyriakos Mitsotakis has said the country will deploy warships near Libya's territorial waters, following a notable rise in the number of migrants arriving on Greek islands after crossing the Mediterranean Sea from North...

Libya's eastern-based govt protests to Greece over hydrocarbon exploration in disputed maritime zones

Libya's eastern-based govt protests to Greece over hydrocarbon exploration in disputed maritime zones

23 june 2025 - 11:57:12 MA/BBA 229 Views Panafrican News Agency Benghazi, Libya (PANA) - Libya's eastern-based government has sent a formal protest to Greece over its steps to explore for hydrocarbon in the disputed maritime zones to the south of...

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