Economy
Libya’s 2023 Economic Struggles: Corruption, Soaring Prices & a Dollar Crisis
In Libya, 2023 has been a year overshadowed by economic deterioration, deeply impacting the social situation of its people. This...
Read moreLibya & Italy Discuss Enhancing Economic Ties
On Friday, Libya's Finance Minister, Khaled Al-Mabrouk and his Italian counterpart, Giancarlo Giorgetti met in Tripoli to discuss renewing the...
Read moreLibya’s Imports from Egypt Reach $1.2 Billion
Libya's journey towards economic recovery is underscored by a significant increase in its imports from Egypt, which soared to $1.2...
Read moreLibya Exports 1 Million Oil Barrels to UK
A significant development in Libya's oil sector unfolded this Sunday, as the 'Delta Commander' tanker docked at Hariga Oil Port...
Read moreOil Minister: Libya Unaffected by OPEC+ Production Cut
Mohamed Aoun, Libya's Minister of Oil stated that current oil production will not be impacted by the recent OPEC+ decision...
Read moreLibyan Minister: Benghazi Free Zone Project Vital for National Economy
The Minister of African Affairs in the Libyan Parliament-designated government, Eissa Mansour discussed the anticipated role and significance of the...
Read moreLibya’s Ras Lanuf Company Exports First Ethylene Shipment
In a significant stride for Libya's petrochemical industry, the Ras Lanuf Oil and Gas Manufacturing Company announced the first export...
Read moreLibyan Oil Minister Chairs 187th OPEC Meeting
Libyan Minister of Oil and Gas, Mohamed Aoun chaired the 187th meeting of the oil ministers of the Organization of...
Read moreRome to Host Largest Libyan-Italian Corporate Event
Rome will host "Libya and Italy... Growing Together," the largest gathering of Italian and Libyan companies since 2011, as reported...
Read moreHow Does Libya’s Wealth Ranking Reflect Its Economic Reality?
Libya's position as the wealthiest country in the Maghreb, and its global ranking of 73rd in the 2023 wealth index...
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