BusinessLibya

NIC calls for general assembly on draft budget

The board of the National Investment Company (NIC) called for a general assembly meeting to be held on Sunday August 18.

The company’s second regular assembly meeting this year will tackle six issues, most notably the draft budget for the current year and will vote on it.

The meeting will also discuss the reports of the external auditor and the financial statements for the period from 2013 to 2015.

The meeting is expected to approve the report of the company’s supervision body as well.

The NIC is a public company listed on the Libyan stock market. It operates mainly in real estate, banking, insurance, and oil sectors.

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