Libya News News Libya » Economy: Oil Generates 90% of Libya’s State Revenue: Why Is Development Financing Still Falling Short?
Despite an oil-driven economic rebound, Libya faces a staggering $37.2 billion annual development financing gap by 2030. The African Development Bank warns that weak banks, fragmented institutions and ...
News Libya » Economy: OPEC Secretary General to address investors at Libya Energy & Economic Summit (LEES) 2027
OPEC Secretary General Al Ghais’ participation at LEES 2027 comes as Libya accelerates production, investment and energy infrastructure expansion ...
News Libya » Economy: Libya’s Fragile Transition Plagued By Deepening Economic And Political Divides
Libya’s prolonged political transition is facing renewed strain, with mounting economic pressures and tensions between rival governments threatening the calm that has held since the 2020 ceasefire.
News Libya » Economy: Hopes pinned on private sector as Libya economy slumps
Small businesses are prospering in Libya’s major cities even as the economy at large is being throttled because of security problems and industrial action which has shrunk lifeline oil revenues. Its ...
News Libya » Economy: Libya moves to strengthen private sector role in post-conflict recovery
Oxford Business Group's latest Global Platform video explores opportunities in construction, logistics, agriculture and digital trade TRIPOLI, Libya, Sept. 3, 2025 /PRNewswire/ -- Libya's economic ...
News Libya » Economy: Moroccans leave Libya amid worsening economic conditions and rising living costs
A growing number of Moroccans living in Libya have returned to Morocco amid worsening economic and living conditions, according to sources familiar with the Moroccan community in the North African ...
News Libya » Economy: Libya’s Future At Risk Amidst Global Oil Economic Collapse – OpEd
In press statements, former Deputy Governor of the Central Bank of Libya, Ali al-Hibri, issued a warning about dangerous economic indicators threatening Libya. He warned of the repercussions of a lack ...
News Libya » Economy: Libya's Ramadan celebrations tempered by economic woes
During the Muslim holy month of Ramadan, shoppers stock up on foods such as sweet treats — Mahmud Turkia Libyans have been enjoying Ramadan with feasts and fireworks -- but soaring prices, a devalued ...