The United Nations Development Programme (UNDP) announced on Monday, 22nd December, the approval of a 5.8-million-US-dollar project, financed by the Global Environment Facility (GEF), aimed at tackling environmental degradation and advancing sustainable development in Libya’s Ubari Lakes basin. The five-year initiative, to be implemented in collaboration with Libya’s Ministry of Environment, will prioritise reversing land […]
Italy’s interior minister Luciana Lamorgese has expressed doubt on holding Libyan crucial presidential election next month as planned and suggested January instead, Libya Observer reports. Lamorgese speaking during a reception organized by Il Foglio newspaper, indicated that next month 24 elections in Libya to elect the country’s first central leader since 2011 after the fall […]
Industrial companies created after June 2017 will be exempted from paying the corporation tax, authorities said. A decree was published in the official gazette stating that industrial enterprises will not have to pay the tax for five years after their creation as the government seeks to encourage industrial investments. The tax exemption is targeting enterprises […]
