Economy
đź“Š Insights on Libya’s markets, trade, and financial policies – tracking shifts that shape business and daily life in the country.Â
Turkey Deepens Its Stake in Libya’s Energy Revival
Turkish Energy Minister Alparslan Bayraktar recently announced that Turkey’s state oil company (TPAO) has acquired a 40% share in two...
Tripoli Port Upgrade Signals Shift in Libya’s Logistics Strategy
Modern Equipment and Digital Upgrades Are Streamlining Tripoli Port Operations As part of ongoing Libya port modernization efforts, Tripoli...
Libya Shipwreck Rescue in Misrata Highlights Storm Chaos and Governance Strains
In late January, a Libyan freighter sailing into Misrata port scrambled to save its fellow mariners. A commercial cargo ship...
Libya Central Bank Certificates of Deposit Aim to Absorb Excess Liquidity and Stabilize the Dinar
The Central Bank of Libya (CBL) has invited commercial banks to subscribe to a fresh issue of Shariah-compliant certificates of...
IMF Warns Libya Dinar Exchange Rate Gap Is Widening Amid Political Division and Fiscal Imbalance
In mid-November 2025, a team from the International Monetary Fund met with Libyan officials (in Tunis) and issued a stark...
Ta3een System in Libya: How Patronage Appointments Inflate the Public Sector
In Libya, the concept of “ta3een” (تعيين), loosely translated as “appointment,” has become emblematic of a deeply entrenched system within...
Libya’s Foreign Currency Crunch: Central Bank Flags $3B Monthly Deficit
At a November 2025 banking conference in Tripoli, Central Bank Governor Naji Issa issued a stark warning about Libya’s fiscal...
Libya–Business France MoU Focuses on Investment for Reconstruction
The Élysée Palace in Paris on November 19, 2025 hosted the signing of a Memorandum of Understanding between Libya’s National...
Libya–World Bank Economic Reform Talks Aim to Attract Investment
In Washington last week, a Libyan government delegation met with World Bank officials to shape next year’s annual work plan...
Bouri Gas Field Development in Libya Advances with New Italian Contracts
The offshore platform at Libya’s Bouri field is being overhauled to capture natural gas that was once flared as waste....
