Economy

Libya has become the largest African importer of Egyptian goods in 2023, with imports valued at $1.8 billion, accounting for...

Libya's inflation rate rose to 2.7% in the third quarter (Q3) of 2024, compared to 2.0% in the previous quarter,...

The International Energy Agency (IEA) reported in its November 2024 bulletin that global oil supply surged by 290,000 barrels per...

The Libyan Parliament has referred its decision to reduce the foreign exchange sales tax to 15% for all purposes to...

The Libyan Embassy in Bulgaria, in collaboration with the Libyan Chamber of Commerce Council and the Bulgarian Chamber of Commerce...

British Ambassador to Libya, Martin Longden, highlighted Libya’s vast potential in a recent meeting with Engineer Belgassim Haftar, Director General...

Emaar Libya Holding has engaged in discussions with an Italian delegation to explore potential investment partnerships, focusing on joint projects...

An Egyptian commercial ship sank off of Tobruk, eastern Libya, due to severe weather conditions, according to the Al-Abireen Foundation,...

Libya’s Minister of Industry and Minerals, Ahmed Abu Hessa, welcomed UK Ambassador to Libya, Martin Longden, to discuss ways to...

On Monday, the Central Bank of Libya (CBL) injected 60 million Libyan dinars into the eastern region, aiming to alleviate...