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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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Libya Economy

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Mitiga Airport Customs foil attempt to smuggle 495,000 Euros to Istanbul
Nov 21 Sami Zaptia

Mitiga Airport Customs foil attempt to smuggle 495,000 Euros to Istanbul

Libya’s Customs Authority reported Wednesday that officers at its Mitiga International Airport Customs Centre, in coordination with the Anti-Smuggling...

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PM Aldabaiba discusses commodity budget and mechanisms for implementing documentary credits
Oct 31 Sami Zaptia

PM Aldabaiba discusses commodity budget and mechanisms for implementing documentary credits

Prime Minister Abd Alhamid Aldabaiba held a meeting at the Prime Minister's Office last Tuesday (28 October) to follow up on the work of the Ministry...

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Economic Conference on Diversifying Sources of Income held in Tripoli
Oct 15 Sami Zaptia

Economic Conference on Diversifying Sources of Income held in Tripoli

The ‘‘First Economic Conference on Diversifying Sources of (Libya’s) Income’’ was held at a Tripoli hotel last Monday (13 October). This conference,...

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1,016 Libya-wide investment projects boost the economy by 101 billion dinars
Sep 26 Sami Zaptia

1,016 Libya-wide investment projects boost the economy by 101 billion dinars

‎Libya’s Tripoli based Privatization and Investment Board (PIB) revealed last week that the total number of approved investment projects for the perio...

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LBBC holds Libya–UK Business Conference in London
Sep 25 Sami Zaptia

LBBC holds Libya–UK Business Conference in London

The Libyan British Business Council (LBBC) reported yesterday that, in partnership with Libya’s Privatization and Investment Board (PIB), it hosted th...

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Libya had an LD 12.8 billion budget surplus but a foreign exchange deficit of US$ 5.9 billion for January to August 2025: CBL‎
Sep 10 Sami Zaptia

Libya had an LD 12.8 billion budget surplus but a foreign exchange deficit of US$ 5.9 billion for January to August 2025: CBL‎

‎According to the Central Bank of Libya’s latest financial statistics bulletin published yesterday for Libya’s state revenues and expenditure during t...

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Secular and religious agree on need for Libya’s gradual energy subsidy reform
Jul 27 Sami Zaptia

Secular and religious agree on need for Libya’s gradual energy subsidy reform

The secular and religious worlds have come to agreement on the need for Libya to gradually reform its fuel subsidies in the unlikely bedfellows of the...

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IMF study entitled “Energy Subsidy Reform in Libya” concludes that reform is crucial as subsidies lead to overconsumption and premature resource depletion
Jul 21 Sami Zaptia

IMF study entitled “Energy Subsidy Reform in Libya” concludes that reform is crucial as subsidies lead to overconsumption and premature resource depletion

Energy subsidies have become a significant burden on government finances in Libya, a study published this month by the International Monetary Fund (IM...

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Electronic Payment Forum and Exhibition 2025 opens at Tripoli Fairgrounds
Jun 15 Sami Zaptia

Electronic Payment Forum and Exhibition 2025 opens at Tripoli Fairgrounds

The Electronic Payment Forum and Exhibition ‘‘EPAIX’’ 2025 (15 to 17 May) opened at Tripoli International Fairgrounds today. The organisers say the f...

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LISCO exports to Europe, unloading from Brazil
May 13 Sami Zaptia

LISCO exports to Europe, unloading from Brazil

The state Libyan Iron and Steel Company (LISCO) announced last Friday (9 May) the loading of 29,000 tons of hot briquetted iron (HBI) began on Thursda...

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