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Economy

Libya assumes RCREEE Board of Trustees presidency for 2018

The Board of Directors for Renewable Energy Authority of Libya (REAOL) chairperson, Hamid Hameda El Sherwali was named the chairperson of The Regional Center for Renewable Energy and Energy Efficiency (RCREEE), representing Libya. The REAOL told ArraedLG on Friday, El Sherwali will serve as chairperson of RCREEE for one year, …

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Libya wins legal dispute demanding more than 120 million dinars

The Audit Bureau confirmed that the management of the State’s cases in coordination with the Bureau succeeded in winning an arbitration dispute by rejecting the case brought before the International Chamber of Commerce (ICC) in Paris against Libya by the Libyan-Brazilian Company and the Brazilian company Odebrecht. The Bureau said …

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Kufra International Airport in danger of closure

Al-Kufra airport Director General, Omar Qandil said on Tuesday, the airport is in danger of closure due to problems with the airport’s runway. Qandil told ArraedLG on Tuesday, the air traffic is still ongoing, stressing the need to repair the landing strip “urgently”, so that flights to and from the …

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NOC welcomes arrest warrants issued for smugglers

The National Oil Corporation (NOC) welcomed arrest warrants issued by the Attorney General for more than 144 smugglers in the western region. The NOC confirmed in a statement published on its official website on Sunday, the continuation of the submission of periodic reports and information on smuggling operations by “criminal …

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