Economy

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

Libya Oil Revenue Dispute Puts Institutional Reform in Focus
Economy

Libya Oil Revenue Dispute Puts Institutional Reform in Focus

Libya’s National Oil Corporation (NOC) has called for an independent investigation into the Central Bank of Libya’s reporting of oil...

Libya Restores Banking Ties With Germany’s Commerzbank After 10 Years
Economy

Libya Restores Banking Ties With Germany’s Commerzbank After 10 Years

Libya has restored banking cooperation with Germany’s Commerzbank after more than a decade, reopening an important channel for international payments...

Tripoli Flooding: Heavy Rain Disrupts Libya’s Capital
Economy

Tripoli Flooding: Heavy Rain Disrupts Libya’s Capital

Heavy rain flooded streets across Tripoli on Tuesday, October 13, 2026, submerging vehicles, damaging buildings and disrupting movement across Libya’s...

Libyan Weightlifters Win 16 Medals at African and Arab Championships
Economy

Libyan Weightlifters Win 16 Medals at African and Arab Championships

Libyan weightlifters Abdulrahim Ezzeddine and Aws Mohamed Eshtaiwi secured a combined 16 medals at the African and Arab Weightlifting Championships…

Why Is the Libyan Dinar Losing Value? Understanding Libya’s Exchange Rate
Economy

Why Is the Libyan Dinar Losing Value? Understanding Libya’s Exchange Rate

Why is the Libyan dinar losing value? Libya earns billions of dollars from oil exports, yet its currency faces pressure...

Libya Oil Production Under Gaddafi: The Rise and Decline of an Oil Power
Economy

Libya Oil Production Under Gaddafi: The Rise and Decline of an Oil Power

Libya’s oil industry underwent a major transformation under Muammar Gaddafi, who seized power in September 1969. His government increased state...

Libya Flag History: What the Flag Looked Like Before 2011
Economy

Libya Flag History: What the Flag Looked Like Before 2011

Libya’s flag has changed several times since the country gained independence in 1951. The current red, black and green flag...

Libya and Senegal Seek Closer Ties as Tripoli Pushes African Integration
Economy

Libya and Senegal Seek Closer Ties as Tripoli Pushes African Integration

Libya and Senegal have discussed expanding bilateral cooperation and restoring the role of a regional African organization headquartered in Tripoli,...

Romania Prepares to Resume Sheep Exports to Libya
Economy

Romania Prepares to Resume Sheep Exports to Libya

Romania is preparing to resume live sheep exports to Libya as the two countries work to complete the veterinary and...

Menfi Joins African Business Forum as Libya Looks to Expand Trade and Investment Links
Economy

Menfi Joins African Business Forum as Libya Looks to Expand Trade and Investment Links

Libya is looking to strengthen its economic ties with the rest of Africa as African leaders and business executives gather...