Italian Defense minister Lorenzo Guerini with GNA leader Fayez al-Sarraj

Libya: Banking digitalization crucial for investment confidence, Planning Minister says

Libya’s Planning Minister Mohamed Al-Zidani has underscored the importance of digital transformation in the country’s banking sector as a driver of investment confidence. Speaking at the Third Forum of Libyan Banks, held Monday, under the theme “A Digital Takeoff for Libyan Banks,” he said digitization is the product of collaboration between banks, regulators, and national […]

U.S. appoints special envoy to Libya for first time since 2011

Richard Norland will carry out his new mission as Special envoy for the United States in Libya while retaining his position as ambassador in Tripoli, the U.S. State Department announced Monday in a statement relayed by the U.S. Embassy.   According to the statement, the ambassador will increase diplomatic efforts to “keep the political process […]

COVID-19 special fund posts a positive balance of 3.5 bln DH by End of February (Ministry)

The Special Fund for the Management of the Coronavirus Pandemic (COVID-19) has a positive balance of nearly 3.5 billion dirhams, according to the ministry of Economy & Finance. “This account has the necessary funds to acquire the vaccines and to honor all the financial commitments of the State which fall within its field of intervention”, […]