Mechanisms to Boost Production Rates in Arabian Gulf Company Discussed

Tripoli: Acting Chairman of the Board of Directors of the National Oil Corporation, Eng. Masoud Suleiman, held discussions with the Chairman and members of the Management Committee of the Arabian Gulf Oil Company regarding the challenges of fluctuating production and the urgent need for spare parts to sustain production levels.

According to Libyan News Agency, Suleiman emphasized the importance of maintaining a high level of activity to increase production rates in the company’s oil fields. He affirmed the corporation’s commitment to fully supporting the initiative and utilizing all available resources to achieve the desired production goals. Suleiman highlighted the necessity of creating an environment conducive to enhanced productivity and greater contribution from the workforce.

House of Representatives Appoints New Central Bank Governor

Sabha:The House of Representatives has voted to accept the resignation of the former governor and appointed Dr. Fawzi Abu Khuzam as the new Governor of the Central Bank of Libya.

According to Libyan News Agency, the decision was made during a sessio…

House of Representatives Appoints New Central Bank Governor

Sabha:The House of Representatives has voted to accept the resignation of the former governor and appointed Dr. Fawzi Abu Khuzam as the new Governor of the Central Bank of Libya.

According to Libyan News Agency, the decision was made during a sessio…

Ministry of Finance Unveils Unified Salary System Draft Law

Tripoli:The Ministry of Finance of the Government of National Unity has released a draft law for a unified salary system, which includes detailed provisions on salaries, allowances, and proposed pay scales across various job grades and categories with…