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Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115
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Hydrocarbon Dependence

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Libyan non-oil exports reached US$ 1.2 billion in 2024 - much room left for economic diversification
Sep 22 Sami Zaptia

Libyan non-oil exports reached US$ 1.2 billion in 2024 - much room left for economic diversification

The Libyan Export Development Authority (LEDA) reported yesterday that Libyan non-oil and gas exports in 2024 reached US$ 1.2 billion. Providing only...

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Libya grapples with political instability and division, fragmented governance, and an overreliance on hydrocarbons: UN Libya study
Jun 9 Sami Zaptia

Libya grapples with political instability and division, fragmented governance, and an overreliance on hydrocarbons: UN Libya study

UN Libya published a study in May that it says provides an in-depth analysis of Libya’s socio-economic landscape, highlighting key social, political,...

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Economic cost of Libyan conflict to present day: LD 783 bn (USD 174 bn) – ESCWA report
Sep 30 Sami Zaptia

Economic cost of Libyan conflict to present day: LD 783 bn (USD 174 bn) – ESCWA report

By Sami Zaptia.London, 30 September 2021:The total cost of Libya’s conflict from its outbreak in 2011 to the present day is estimated at LD 783.4 bill...

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Sep 13 Sami Zaptia

Tripoli forum discusses ‘‘Investment Concepts: The Reality of Investment between Depression and Stimulation’’

By Sami Zaptia.The Privatization and Investment Board.London, 13 September 2021:Libya’s Privatisation and Investment Board (PIB) held a forum in Tripo...

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CBL governor optimistic about Libyan economy
Jun 5 Michel Cousins

CBL governor optimistic about Libyan economy

By Sami Zaptia. Tripoli, 5 June, 2013: Opening the final day of the MEED "Libya Projects 2013" conference, the Central Bank of Libya Governor Saddek...

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Libya: the new Norway on the Mediterranean – Ralph Chami, IMF
Jun 4 Sami Zaptia

Libya: the new Norway on the Mediterranean – Ralph Chami, IMF

By Sami Zaptia.Tripoli, 4 June 2013:On 31 May the IMF released the full report of its Article IV consultation with Libya. Consultations under Article...

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May 25 Sami Zaptia

Libya’s high oil income stifles commercial bank lending to the private sector – IMF Working Paper

By Sami Zaptia.Tripoli, 25 May 2013:An IMF Working Paper entitled “Searching for the Finance-Growth Nexus in Libya” written by Serhan Cevik and Mohamm...

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Apr 19 Michel Cousins

Opinion: Diversification of Libya’s economy – make hay while the sun shines.

By Sami Zaptia.Washington DC, 19 April 2013:With China reporting slower growth than expected, the IMF lowering its outlook for US growth from 2.1 to 1...

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The sun will not shine automatically on Libya’s renewable plans
Apr 17 Nigel Ash

The sun will not shine automatically on Libya’s renewable plans

By John Hamilton.Solar Panels in EU (Photo: F. Thomas)London, 17 April 2013:The recent renewable energies' workshop held by UK Trade & Industry in...

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Apr 6 Sami Zaptia

Learning from Tunisian and Egyptian Arab Spring experiences – part three: Economics

By Sami Zaptia.Tripoli, 06 April 2013:The Programme on Arab Reform and Democracy’s 4th Annual Conference was held in Tunis 28-29 March under the title...

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