Economy
📊 Insights on Libya’s markets, trade, and financial policies – tracking shifts that shape business and daily life in the country.Â
Libya’s Central Bank Reports Foreign Reserves Above $63 Billion
Libya’s Central Bank says liquid foreign currency reserves exceed $63 billion, surpassing the country’s dinar money supply.
Libya’s $2.5bn Bet on Benghazi Steel
A Turkish-Libyan joint venture plans to invest around $2.5 billion in a major direct reduced iron (DRI) project in Benghazi,...
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
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
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
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
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
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
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
Libya’s Central Bank (CBL) will inject $2 billion into the banking system next week to finance documentary credits for imports...