Today,P.M. Dbeibah paid a long visit to the TMC,the former Tripoli University Hospital,the most important structure in town. He had a long meeting with the Ministry of Health doctor. Ali Al Zanati, doctor Shakshak of Audit Bureau and the new manager of the structure dott. Abdul Atti Alrateeb, regarding the new assets of the hospital and have better services for the Libyan community.

 

 

 

The National Oil Corporation (NOC) said the total net revenues reached, during 2021, amounted to more than 21 billion US dollars.

 

 

The Libya Industries Fair has been announced by the organizers&local chamber of commerce, in Misurata today. On March 5th-8th,it will be a good chance for the international companies to join the event and meet local companies.

Business Center Libya will organize for its international clients a commercial mission during the event.If you are interested,feel free to contact us,we will offer a full package(visa-hotel accommodation-transfers-B2B meetings).

Floriano Imperiali   This email address is being protected from spambots. You need JavaScript enabled to view it.                                                                                                                                                                                                             

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

 

The Chairman of the Libyan-Turkish Business Council, Murtaza Karanfil, said Turkish exports to Libya has reached 2.44 billion dollars in 2021: a 64.9% increase from 2020.

 The top exporting sectors were chemicals and products with $332 million, followed by the furniture, paper, and forestry products with $298.1 million, and jewelry with $281.8 million, while cereals, pulses, oilseeds products reached $251 million, and clothes with $246.5 million.

"Our trade volume might reach 10 billion dollars,” Karanfil said.

 

 

Under the supervision of the Transport Projects Authority, the completion of the second part of the Ain Zara-Wadi Al Rabea road is done. P.M. Abdel Hamid Dbeibah confirmed the official opening and cut the ribbon next week.

 

 

No good news is coming from International Monetary Fund. Libya is in the top list in the consumer inflation rates during 2021. We got a 21.1% compared to 2.8% in 2020 and 0.2% in 2019.

In this way, Libya ranked 2rd in the Arabic World, while globally, is in 11th place.

Sudan was on top with 194.6%  and Yemen came second with 40.7%.

 

 

The Algerian Sonatrach through its CEO Toufik Hakkar, has declared the company will resume its activities in Libya soon. He will visit Libya next month to start planning and organizing the oil&gas operations.

 

Several events have been held in Tripoli this week to celebrate International Tree Day.

The Ambassador of Pakistan in Libya Rashad Javeed has become the first foreign diplomat to take part in a clean-up campaign in Tripoli. Ambassador Javeed, accompanied by the embassy staff, joined students of the Pakistan Embassy School and College to clean Shat Park in Tripoli under the theme “Keep your environment clean”, as part of the embassy’s celebration of Libya’s Independence Day. “This is our social responsibility to keep things clean. This is our country and we have to keep it neat and clean,” Ambassador Javeed told the students.

Courtesy of Libya Observer.

 

 

2021 was a positive year for the Libyan Oil&Gas sector. The Organization of Petroleum Exporting Countries, Opec based in Wien, said that Libya has surpassed Nigeria as Africa’s biggest oil producer.

Libyan oil output was 1.24 million bpd in October, a fair output increase has been registered month after month in all 2021.

Libyan Deputy Oil Minister, Refaat Al-Abbar said Libya plans to produce more than two million barrels per day in 2022, and 4 million barrels per day by 2025.

 

The Libyan Labor Minister Ali Al-Abed said Libya will receive about two million Egyptian workers in the next two years.This will help the rebuild of the country especially for infrastructure projects. Also the medical sector and school teaching will receive such support.

The incoming and requests will be regulated by a special online system.

 

Page 4 of 5