Libya News News Libya » Finance: Two Arms Brokers on Trial in UK for Missiles and Fighter Jet Deals With Libya and Sudan
Two arms brokers face trial in London over unlicensed missile and fighter jet deals with Libya and South Sudan, violating arms embargoes.
News Libya » Finance: Oil Shock Exposes Creates an Opportunity for Libya
Libya is emerging as a strategic solution, with the potential to boost oil supply and stabilize markets if political stability and investment return.
News Libya » Finance: Libya's National Oil Company Reports Three New Oil and Gas Discoveries
Libya's National Oil Corporation and its foreign partners have announced three new offshore and onshore hydrocarbon discoveries.
News Libya » Finance: Libya's Haftar Acquires Combat Drones Despite UN Embargo
Khalifa Haftar acquires Chinese and Turkish drones in Eastern Libya, bypassing a longstanding UN arms embargo amid ongoing financial and security concerns.
News Libya » Finance: Libya Port Project To Aid Growth
Having disintegrated into anarchy following the revolution ignited by the 2011 Arab Spring and fueled by Western powers’ backing, Libya has struggled to emerge from the abyss. Today, the country ...
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: 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 ...
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 ...