News Libya Economy: Libya food imports fall as turmoil disrupts deliveries
LONDON/CAIRO - Imports of food, including wheat, are dropping sharply to Libya, which has the highest per capita bread consumption in the world, as foreign shippers run scared of making direct deliveries due to worsening turmoil.
News Libya Economy: Structured Dialogue's Economic Track members warn of rising public debt
Members of the Economic Track of Libya’s Structured Dialogue have warned that the continued rise in public debt and worsening structural imbalances in the Libyan economy will place increasing pressure on public finances, foreign exchange reserves, and the value of the Libyan dinar unless meaningful reforms are implemented.
News Libya Economy: Libya restricts agricultural pesticide imports to European, US and Canadian products
Libya’s Minister of Economy and Trade, Suhail Abu Shiha, has issued a decision regulating the import of agricultural pesticides, limiting imports to products of European, US and Canadian origin as part of efforts to strengthen public health protection, food security and oversight of pesticides circulating in the Libyan market.
News Libya Economy: Hungary’s MOL Forms Strategic Oil Partnership with Libya’s NOC
Exciting news! MOL Group teams up with Libya's NOC to explore new horizons in hydrocarbons and innovation. #MOLGroup #Libya #OilPartnership ...
News Libya Economy: MOL Group enters strategic partnership with Libya’s National Oil Corporation
(Page 1) MOL Group (Budapest, Hungary; www.molgroup.info) has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC; Tripoli, Libya; memorandum of understanding between MOL Group and Libya NOC
News Libya Economy: Industry Leaders and Ministers Open Day Two of the Libya Energy & Economic Summit 2021
Libya is on track to sustained energy sector growth that will likely translate into accelerated economic recovery. As the country pursues increased investment in key oilfields, upcoming projects, and ...
News Libya Economy: Libya, Turkey revive joint economic committee after 17 years
Libya and Turkey have signed the minutes of the 22nd meeting of their Joint Economic Committee, marking the resumption of the body’s work after a 17-year hiatus. The agreement was signed in Tripoli by Turkish Energy and Natural Resources Minister Alparslan Bayraktar and Libya’s Minister of Transport, Mohammed Al-Shuhoubi, who also serves as co-chair of the committee.
News Libya Economy: Türkiye continues to be ‘strategic trading partner’ for Libya
As one of major exporters to Libya, Türkiye represents strategic, economic, and commercial partner to Libya with many partnerships, says Libyan Initiatives, Strategic Projects committee chair - Anadolu Ajansı
News Libya Economy: Shippex Libya expo 2023 kicks off in Tripoli
The Acting Minister of Economy and Trade, Suhail Bouchiha, has inaugurated the Shippex Libya expo 2023 for shipping and delivery services, accompanied by the Undersecretary for Free Zones, the Chairman of the Board of Directors of the General Authority for Exhibitions, and the Director General of the Tripoli International Fair.
News Libya Economy: Libya's Economy Minister calls for insurance legislation to encourage foreign companies to return
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade in the Government of National Unity, Mohamed al-Haweij, has stressed the importance of drawing up legislation and regulations governing the insurance sector an
News Libya Economy: Success of Libya’s reforms will depend on political stability, IMF says
The success of Libya’s reforms will hinge on political stability and the development of institutional capacity, according to the International Monetary Fund.The North African country should focus on ...
News Libya Economy: Top Libyan officials meet to monitor cereal production in southern Libya
Tripoli, Libya (PANA) - The Libyan prime minister of the Government of National Unity, Abdelhamid Al-Dbaiba, held a meeting Wednesday with the acting Minister of Economy and Trade, Souhail Abou Chiha, devoted to monitoring and sup
News Libya Economy: Libya’s outlook remains bleak
Libya’s politicians continue to ensure that no initiative emerges that would unify their country and give its people a democratic order ...
News Libya Economy: Libya On The Verge Of Economic Collapse Due To Increasing Debts, Banking System Deficit
The Libyan public debt exceeded 100 billion dinars ($71.4 billion), which is more than annual GDP. Banks in Libya have been foundering for years under the weight of worsening chaos and UN Envoy ...
News Libya Economy: Libya’s Once-Great Oil Industry Is Facing A Plethora Of Challenges
Libya’s oil industry has lots of potential, with the ninth-largest oil reserves in the world, but it faces significant geopolitical, domestic, and development hurdles if it is to realize this potentia ...
