Economy

Libya’s National Oil Corporation (NOC) has signed a significant Memorandum of Understanding (MoU) with British energy company BP to assess...

Libya has reaffirmed its position as Africa’s leading country in proven oil reserves, maintaining a total of 48.36 billion barrels,...

Libya has launched its first oil field development tender in 17 years, attracting significant interest from international energy firms, according...

Italy retained its position as Libya’s leading trade partner in the first quarter of 2025, according to data from Italy’s...

Libya’s Ministry of Economy and Trade has announced the activation of electronic notifications for commercial ship arrivals through the national...

The World Food Programme (WFP) has recorded the sharpest monthly increase in Libya’s food expenditure so far in 2025, with...

Libya’s Ministry of Economy and Trade under the Government of National Unity (GNU) has issued a strong warning to citizens...

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...