Economy

Libya has emerged as the third-largest African importer of Russian wheat during the first five months of 2025, as Russia...

Libya’s total state revenues reached 49.4 billion dinars between January and May 2025, according to official data released by the...

Sirte Oil and Gas Production Company Chairman Mostafa Hemmad held a high-level meeting with a delegation from Schlumberger to explore...

Libya has officially become a shareholder in the African Export-Import Bank (Afreximbank) after fully paying for its shares on 13...

Libya is grappling with an escalating fuel crisis as unpaid debts owed by the National Oil Corporation (NOC) to international...

On Tuesday, the Central Bank of Libya (CBL) announced it will resume the sale of foreign currency to individuals and...

The fourth German-Libyan Business Forum commenced on Monday in Tripoli, bringing together top officials, business leaders, and institutional representatives from...

The United States imported 320,000 barrels of crude oil from Libya in March 2025, marking a notable return after registering...

A prominent Libyan economist has warned that removing state subsidies, especially on fuel, would be premature and socially damaging, as...

On Saturday, the International Crisis Group called on the United Nations Security Council to urgently revise the sanctions regime placed...