Latest Libya News

February 27, 2013

The General National Congress is to set to vote on the LD 66 billion budget on Sunday, according to Congress members and officials.

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February 19, 2013

The Central Bank of Libya (CBL) Governor, Saddek Elkaber, said that he was very optimistic about Libya’s economy in 2013.

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February 15, 2013

The Libyan National Oil Corp. announced an oil and natural gas discovery hundreds of miles inland with Algerian company Sonatrach. Libya's oil company and state-owned Sonatrach announced the... (Read more)

February 7, 2013

A Libyan SME has beaten international competition, including Chinese telecoms giants ZTE and Huawei, to win a LD 5 million contract from Libyana.

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January 29, 2013

The Libyan Central Bank has announced that it has granted commercial banks powers to transfer money abroad to finance import farm supplies and equipments, information equipment, computer supplies... (Read more)

January 15, 2013

A deal worth €250 million has concluded between Alstom SA and General Electricity Company of Libya (GECOL) to boost Libya’s energy and power supply capacity.

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January 10, 2013

Oil Minister Arrusi confirmed that there was a future plan that will be revealed soon for the development of the refinery sector in Libya, in view of the fact that Libya imports about 70% of its... (Read more)

January 9, 2013

The five nations of the Arab Maghreb Union have created a investment bank with capital of $100 million to finance infrastructure projects in the region, Mauritania's central bank governor said on... (Read more)

January 8, 2013

U.S. Undersecretary of Defense for Intelligence, Michael G. Vickers, held talks in Tripoli yesterday evening, Monday, with Prime Minister Ali Zeidan. Vickers, on a brief visit to Libya, was... (Read more)

December 19, 2012

According to a report entitled ‘Mergers and Acquisitions in the Oil and Gas Industry: Current Upstream M&A Issues and Transaction Considerations’ released by Deloitee, Libya will be the centre... (Read more)