Economy
Oil 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...
Read moreChina Harbor Eyes Infrastructure Development in Libya
The Free Zone of Misrata has signed a memorandum of understanding with China Harbor, a major port operator, to explore...
Read moreFirst Unit of Tobruk Gas-Fired Plant Begins Operation
On Sunday, Libya's Ministry of Electricity and Renewable Energy announced a significant boost in the country's power infrastructure, with the...
Read moreLibya & Tunisia Strengthen Trade Relationship
In the first quarter of 2023, Tunisia experienced a substantial reduction in its trade deficit, largely owing to a burgeoning...
Read moreLibya & Germany Discuss Economic Relations
Germany has signalled its commitment to assist in revitalizing Libya's industrial sector. This was discussed between Libya's Minister of Oil...
Read more