Economy

Libya’s real GDP growth dropped significantly to around 2% in 2024, down from 10% in 2023, primarily due to contraction...

The head of Libya’s General Union of Oil Workers, Salem Al-Rumaih, has forecast a significant rise in the country’s oil...

The management of Libya’s Sirte Free Zone has held a series of meetings over two days with a high-level delegation...

Central Bank of Libya (CBL) Governor Naji Issa inaugurated the first edition of the Electronic Payment Exhibition and Forum on...

Italy is positioning itself as a major catalyst in reshaping Euro-African energy diplomacy, spearheaded by a bold €8 billion investment...

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...