Libya News News Libya » Finance: Libya central bank headquarters raided after governor resigns
Unidentified individuals stormed Libya's central bank headquarters in Tripoli on Thursday, the bank said, just hours after the ...
News Libya » Finance: ADNOC's XRG in Talks to Buy Stake in Eni's Libya Business
Abu Dhabi National Oil Company's international investment arm, XRG, is in preliminary talks to acquire a stake in Italian energy major Eni's oil and gas operations in Libya ...
News Libya » Finance: Why Libya’s Next Oil Pipeline Could Be a Geopolitical Game-Changer
The proposed Libya–Egypt crude oil pipeline has, surprisingly quickly, entered a phase in which Cairo and Tripoli are actively discussing it. The pipeline, expected to be 800 kilometers long, will ...
News Libya » Finance: Libya Faces $37.2 Billion Annual Funding Gap as AfDB Maps Path Beyond Oil Dependence
Libya needs an estimated US$39.3 billion each year to meet its 2030 structural transformation objectives, leaving an annual financing gap of US$37.2 billion across infrastructure, energy, education ...
News Libya » Finance: Libya’s Central Bank defends $361m oil revenue figure, welcomes audit
Libya’s Central Bank has maintained that it received $361 million in oil revenues between October 1 and 14, while welcoming independent audits to verify the figures.
News Libya » Finance: Former French President Sarkozy Risks Second Trial Linked to Libya Finance Conspiracy
French prosecutors have asked that ex-President Nicolas Sarkozy face another trial over accusations linked to alleged corrupt Libyan campaign finance that led to his jailing earlier this year. The ...
News Libya » Finance: Libya - African Development Bank Group Report Outlines Financing Priorities for Growth Beyond Oil
Libya's efforts to diversify its economy and create jobs depend on turning its financial resources into productive investment, according to the African Development Bank Group's 2026 Country Focus ...
News Libya » Finance: Gulf Investors Look to Libya and Algeria
Energy market disruptions and regional uncertainty are pushing GCC countries to boost North Africa investments. This article appears in the October issue of Global Finance Magazine. In July, Qatar’s ...
News Libya » Finance: Islamic finance: Libya’s banks struggle with new Shariah rules
Muftah Omar Muftah is animated and optimistic as he talks about the future. “The new system is going to transform the entire economy,” enthuses the chairman of Yaqeen Bank, one of three brand-new ...
News Libya » Finance: Ex-French president Sarkozy faces 10 years in Libya cash scandal
Former French President Nicolas Sarkozy faces up to 10 years in prison if a Paris court convicts him of secretly using funds from the Libyan government of late dictator Moammar Gadhafi to finance his ...