Economy

📊 Insights on Libya’s markets, trade, and financial policies – tracking shifts that shape business and daily life in the country. 

Libya and South Korea to Hold Economic Forum
Economy

Libya and South Korea to Hold Economic Forum

Libya and South Korea are preparing to hold an economic cooperation forum in Libya on September 28, as both sides...

Libya’s Electronic Payments Surge to LYD 764.9 Billion as Digital Economy Expands
Economy

Libya’s Electronic Payments Surge to LYD 764.9 Billion as Digital Economy Expands

Electronic payment transactions in Libya reached LYD 764.9 billion in the first eight months of 2026, giving the Central Bank...

370km Egypt-Libya Road Could Turn Kufra Into a Regional Trade Gateway
Economy

370km Egypt-Libya Road Could Turn Kufra Into a Regional Trade Gateway

Construction is advancing on a 370-kilometre road linking Egypt’s East Oweinat region with Libya’s Al-Kufra, creating a new land route...

Libya’s Oil Revenue Gap: How $18.46 Billion in Exports Became $11.16 Billion at the Central Bank
Economy

Libya’s Oil Revenue Gap: How $18.46 Billion in Exports Became $11.16 Billion at the Central Bank

The headline difference is real, but it is not one unexplained pot of missing money. Libya’s published figures show two...

Libya’s Maritime Economy: Untapped Potential on the Mediterranean Coast
Economy

Libya’s Maritime Economy: Untapped Potential on the Mediterranean Coast

Oil remains the backbone of Libya’s economy. However, this reality has overshadowed another long-term economic asset with enormous potential: the...

Libya’s First-Quarter Revenues Top LYD 24 Billion as Oil Income Strengthens Fiscal Outlook
Economy

Libya’s First-Quarter Revenues Top LYD 24 Billion as Oil Income Strengthens Fiscal Outlook

Libya’s public revenues exceeded LYD 24.27 billion during the first quarter of 2026, according to newly released figures from the...

Libya’s Central Bank Cybersecurity Under Attack: Technical Shutdown Threatens the Dinar and Shakes Confidence in the Financial System
Economy

Libya’s Central Bank Cybersecurity Under Attack: Technical Shutdown Threatens the Dinar and Shakes Confidence in the Financial System

What happened at the Central Bank of Libya was more than another technical glitch. A coordinated cyberattack knocked the bank’s...

Libya’s Central Bank to Inject $2 Billion Into Foreign Currency Market
Economy

Libya’s Central Bank to Inject $2 Billion Into Foreign Currency Market

Libya’s Central Bank (CBL) will inject $2 billion into the banking system next week to finance documentary credits for imports...

Libya Has 3,200 Hours of Sunshine. So Why Is Solar Still Missing?
Economy

Libya Has 3,200 Hours of Sunshine. So Why Is Solar Still Missing?

Libya rarely appears in conversations about renewable energy. That seems strange for a country that enjoys more than 3,200 hours...

Libya and Serbia Move to Deepen Trade and Investment Ties
Economy

Libya and Serbia Move to Deepen Trade and Investment Ties

Libya and Serbia have reaffirmed their commitment to expanding economic and trade cooperation, as both sides explore new channels for...