Libya ranks among top ten fastest-growing economies

Libya continues to maintain its presence on the list of the top ten fastest-growing economies in the world for the second consecutive year, with...

Elkaber meets World Bank director in Washington talks.

The Governor of Libya's Central Bank, Saddek Elkaber, convened with World Bank Group Executive Director Tawqir Shah to discuss the latest economic and financial...

Economy Minister visits Maltese industrial zone, reviews developing Libyan ports

Libya's Minister of Economy and Trade Mohammed Al-Huweij conducted a field visit to the Malta Free Port and the industrial zone in Malta, accompanied...

World Bank expects economic growth in Libya in the coming two...

he World Bank expected the Libyan economy to grow by a rate ranging between 4.8 and 5.8% from 2024 to 2026 provided that political...

CBL Governor visits Washington to discuss Libyan economy.

The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, discussed with the Atlantic Council on Monday the latest developments in the Libyan economic...

Libya’s Med Oil Company Branch Opened in Istanbul.

A branch of Med Oil, a subsidiary of the Mediterranean Oil Services Company, which is owned by the National Oil Corporation, was opened on...

Libya overtakes Nigeria as biggest oil producer in Africa in March.

Libya overtook Nigeria as the continent's top crude oil producing state for March 2024, according to the Organization of the Petroleum Exporting Countries (OPEC)...

Well found north Al-Laheeb field with capacity of 16.8 million cubic...

The National Oil Corporation announced the success of the Sirte Oil and Gas Production and Manufacturing Company in drilling an exploratory well within a...

Central Bank of Libya announces spending, revenues of sovereign institutions in...

The total expenditures of legislative and executive authorities amounted to about 565.88 million dinars during the first quarter of the year 2024, excluding salaries...

Zallaf oversees progress of Southern Refinery Project, vows timely completion.

The management committee of Zallaf Libya convened on Sunday to monitor the progress of the Southern Refinery project. The Southern Refinery project is a significant...