LIBYA IS FINANCIALLY CHALENGED! Libyan expenditure in 2022 demonstrated remarkable growth, reaching an impressive LD 127.9 billion, a substantial increase of LD 42 billion compared to the previous year. These figures, published by the Tripoli Central Bank of Libya (CBL), highlight the government's commitment to investing in various sectors and driving economic development. THE OIL INDUSTRY IS STRUGGLING! In terms of revenue, the oil sector showcased positive performance, achieving a slight improvement with revenues amounting to LD 105.5 billion in 2022, compared to LD 103.4 billion the previous year. This encouraging trend can be attributed to the [...]

"Cultivating Strategic Alliances: The Libyan Business Council and the British Libyan Business Association Unite to Fuel UK's Commercial Engagement in The Rapidly Expanding Libyan Market" Contact the BLBA to explore the opportunities that Libya presents For the full story CLICK HERE  

Libya and Austria discuss reopening airspace https://libyaherald.com/2023/05/libya-and-austria-discuss-reopening-airspace/ Libya’s Al-Ghazala Misrata Paints Factory opens first showroom in Niamey, Niger https://libyaherald.com/2023/05/libyas-al-ghazala-misrata-paints-factory-opens-first-showroom-in-niamey-niger/ The chimera of elections in Libya https://en.minbarlibya.org/2023/05/27/the-chimera-of-elections-in-libya/ Turkish firm "Nobel" signs contract to operate Tripoli International Fair for 10 years https://libyaobserver.ly/news/turkish-firm-nobel-signs-contract-operate-tripoli-international-fair-10-years The Tripoli Libyan Ministry of Transport confirms development plan for Libya-Tunisia Ras Jedir border crossing https://libyaherald.com/2023/05/the-tripoli-libyan-ministry-of-transport-confirms-development-plan-for-libya-tunisia-ras-jedir-border-crossing/ Flights from Misrata Airport resumed after halt for maintenance https://libyaobserver.ly/inbrief/flights-misrata-airport-resumed-after-halt-maintenance Minister of Labour meets Egyptian consortium implementing projects in Libya https://libyaobserver.ly/inbrief/minister-labour-meets-egyptian-consortium-implementing-projects-libya Ministry of Education, UNICEF sign deal to enhance education in Libya https://libyaupdate.com/ministry-of-education-unicef-sign-deal-to-enhance-eduction-in-libya/ UK ‘to help crack down’ on people traffickers [...]

Libya is a country that is rich in natural wonders reflected in the many sites that can be found throughout the country. These sites offer a glimpse into the diverse geography of Libya.  In this article, we will explore just a few of Libya's most impressive natural wonders   LIBYA A COUNTRY WHOSE GEOGRAPHY AND CLIMATE WHILST DEFINING ITS PAST WILL ALSO HELP DEVELOP ITS FUTURE Libya, a country located in North Africa, is blessed with a diverse range of natural wonders that captivate the imagination and awe of travelers and nature enthusiasts. From expansive desert landscapes [...]

Libya is a country that is rich in history and culture, and this is reflected in the many archaeological sites that can be found throughout the country. These sites offer a glimpse into the past, and they are a testament to the many civilizations that have inhabited Libya over the centuries. In this article, we will explore some of Libya's most impressive archaeological sites.   LIBYA A COUNTRY WHOSE HISTORY ENTWINS WITH ITS  FUTURE   LEPTIS MAGNA Leptis Magna is an ancient Roman city located on the coast of Libya, about 130 kilometers east of the capital, [...]

Libya: Demolition of Italian-era buildings in Benghazi seen as attack on city's heritage https://www.middleeasteye.net/news/libya-italy-buildings-demolition-benghazi-controversy Putin renews his country's support for peaceful solutions to the crises in Libya, Yemen, Sudan, and Syria https://lana.gov.ly/post.php?id=278885&lang=en Al-Menfi: "We aspire to a broader and clearer role for the Arab League in Libya. https://lana.gov.ly/post.php?id=278881&lang=en Libya aims for 8% increase in oil production by end of 2023 https://worldoil.com/news/2023/5/19/libya-aims-for-8-increase-in-oil-production-by-end-of-2023/ Minister of Economy Hwej participates in the Maghreb Banking Forum on the Digital Economy for the Reconstruction of Libya https://libyaherald.com/2023/05/minister-of-economy-hwej-participates-in-the-maghreb-banking-forum-on-the-digital-economy-for-the-reconstruction-of-libya/ The most prominent points made by Prime Minister Abd Alhamid Aldabaiba at the last cabinet meeting [...]

Libya, at Number 5, generated $27.3 billion, The capability to change Libya for the better is huge COUNTRY PREDOMINANT RESOURCES ANNUAL MINERAL PRODUCTION 1. South Africa Gold, Manganese, Platinum, others $124.96 billion 2. Nigeria Oil, Iron Ore, Columbite, others $52.69 billion 3. Algeria Hydrocarbons $38.70 billion 4. Angola Diamond, Gold, Oil, others $32.04 billion 5. LIBYA OIL, CLAY, CEMENT, SALT, OTHERS $27.03 BILLION 6. Egypt Gold, Copper, Silver, others $23.22 billion 7. Ghana Gold, Limestone, Iron Ore, others $14.97 billion 8. DRC Gold, Copper, Cobalt, others $13.69 billion 9. Gabon Manganese, Iron Ore, Uranium, others $10.92 billion [...]

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ATTENTION ALL OIL COMPANIES AND SUBSIDIARIES IN LIBYA   DRILLING SYSTEMS bring expertise and innovation that promises to help define and support the future of oil exploration and production in Libya. Join us in celebrating this occasion as DRILLING SYSTEMS help pave the way towards a prosperous future through working in synergy with the Libyan Oil and gas sector. DRILLING SYSTEMS Put simply, simulation is the most effective way to learn. Drilling Systems’ advanced simulators provide realistic and immersive learning environments that emulate drilling, well control, well intervention and crane operations in real-time. Personnel are given the opportunity [...]

Libyan-Tunisian agreement allowing Tunisian doctors to practice in Libya https://libyaherald.com/2023/05/libyan-tunisian-agreement-allowing-tunisian-doctors-to-practice-in-libya/ NESDB discusses food security and social protection with World Food Programme https://libyaherald.com/2023/05/nesdb-discusses-food-security-and-social-protection-with-world-food-programme/ NOC Chair announces completion of Ras Lanuf Industrial Complex maintenance https://libyaupdate.com/noc-chair-announces-completion-of-ras-lanuf-industrial-complex-maintenance/ Oil prices fall for third consecutive week https://libyaupdate.com/oil-prices-fall-for-third-consecutive-week/ Frontex Boss Says Med Migrant Crossings At Record Level https://www.barrons.com/news/frontex-boss-says-med-migrant-crossings-at-record-level-908899ff Structures A and E Gas Fields Development, Libya https://www.offshore-technology.com/projects/structures-a-and-e-gas-fields-development-libya/ Qatar and Libya discuss ties amid international push for elections in Tripoli https://dohanews.co/qatar-and-libya-discuss-ties-amid-international-push-for-elections-in-tripoli/ The Italian ambassador to Libya is discussing with the municipality of Benghazi the reconstruction and stability efforts in the city. https://lana.gov.ly/post.php?id=278275&lang=en Tripoli Libyan government [...]