Libya News News Libya » Finance: Libya Declares Major Oil Discovery Commercial as Production Revival Gains Pace
Libya has declared OMV's 195-million-barrel Essar oil discovery commercially viable, advancing its strategy to revive production and attract international investment.
News Libya » Finance: Oil for unity: What is the US mediation plan in Libya?
The plan, led by Trump relative Massad Boulos, promises oil investments if rival factions work together.
News Libya » Finance: Libya's U.N.-backed government appoints finance minister, deputy to unlock funds
TRIPOLI/TUNIS (Reuters) - Libya's U.N.-backed government has appointed a finance minister and deputy finance minister in a move it hopes will unlock crucial funding from the central bank and revive ...
News Libya » Finance: As Libya Oil Output Hits 12-Year High, Revenues Trickle In
Central bank bottlenecks and massive import costs delay the impact of a $4B windfall. War-torn Libya is pumping oil at its fastest pace in more than a decade, averaging about 1.4 million barrels per ...
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: IN-VR Reveals LIBYES: Say Yes to Libya Programme and Announces LIBEX (Libya Energy Week & Exhibition)
Tripoli, Libya--(Newsfile Corp. - May 21, 2026) - During a press conference in Tripoli, global consultancy IN-VR announced their pioneering CSR and Local content programme for Libya, called LIBYES: ...
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: Sarkozy informed of when and where to report to prison for Libya campaign finance scheme
PARIS (AP) — France's financial prosecution office informed former French President Nicolas Sarkozy on Monday which prison to report to and when, pending his appeal after being sentenced to five years ...