Latest Libya News

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)

December 16, 2012

Italy’s Eni plans to invest $8 billion in Libya over the next 10 years to develop its upstream business as it moves to strengthen its grip as the leading international oil and gas producer in the... (Read more)

December 13, 2012

After 42 years, the country formerly known as the Great Socialist People’s Libyan Arab Jamahiriya is getting its first taste of consumer capitalism in an unlikely form: sweet, sticky cinnamon... (Read more)

December 4, 2012

Libyan Minister of Oil Abdulbari al-Arusi on Thursday (November 29th) held a meeting with the local council in Benghazi to discuss the management of the region's oil resources and address... (Read more)