Economy
Libya Falls to 3rd Place in Africa’s Oil Production
Two months after losing its status as Africa’s largest crude oil producer to Nigeria, Libya saw its output drop below...
Read moreLibya & Palestine Sign Trade Agreement
The Head of the Libyan General Union of the Chambers of Commerce, Industry and Agriculture, Mohamed Raied signed a cooperation...
Read moreUS Study: Libya’s Gross Domestic Product Decreased by 30% since 2010
Libya's Gross Domestic Product (GDP) for 2021, i.e. a decade after the NATO-backed uprising, has declined by more than 30%,...
Read moreNOC: New Oil Well in El Feel Field Produces 7,100 bpd
Libya's National Oil Corporation (NOC) announced that the Mellitah Oil & Gas Co (MOGCO) has successfully completed drilling operations of...
Read moreLibyan Economy Minister Discusses Private-Public Food Security Collaboration
On Sunday, the Libyan Minister of Economy and Trade, Mohamed Al-Hwaij held talks with heads of the Chambers of Commerce,...
Read moreTurkish Exports to Libya Exceed $2.4 Billion
The Turkish Exporters' Assembly said that the value of Turkish exports to Libya for 2022 amounted to $2.4 billion dollars....
Read moreItaly’s Exports to Libya Grow by 80% in 2022
Italy's exports to Libya grew by 80.48% in the first 10 months of 2022, registering €1.765 billion euros and a...
Read moreLibya & Tunisia Trade Increased by 40%
The Head of the Tunisia-Africa Business Council, Anis Jaziri confirmed that the level of trade with Libya increased by 40%...
Read moreLibyan Economy Minister Discusses Cooperation on Agricultural Investment
The Libyan Minister of Economy and Trade, Mohamed Al-Hwaij met with the Chairman of the Arab Authority for Agricultural Investment...
Read moreOil Minister: Libya Plans to Increase Exports to 2 Million BPD
Libyan Oil Minister, Mohamed Aoun said that Libya plans to increase oil production to 2 million barrels per day, within...
Read more