Tripoli, Libya - June 14, 2023 - Following a notable mention in Ambassador Caroline Hurndall’s speech at the grand celebration of King Charles's birthday at the British Embassy in Tripoli, Libya, it's time to shed light on our accomplishments. Over the past seven (7) months, we have diligently collaborated with two esteemed major Libyan partners on groundbreaking infrastructure projects, strategically infusing UK expertise into their execution strategies. In conjunction with a prominent Libyan trade association and a leading UK entity, we are spearheading the development of a transformative capacity-building program poised to revolutionise Libya's ability to export [...]

Tripoli- Libya - It was an absolute honor to receive an invitation from Her Excellency Ambassador Caroline Hurndell to join in the celebration of King Charles III's birthday at the British Embassy in Tripoli, Libya. The event provided a wonderful opportunity for the British Libya Business Association (BLBA) to engage with esteemed business leaders from Libya in a relaxed and enjoyable atmosphere. The BLBA had the privilege of meeting and interacting with numerous influential figures within Libya's business community during this informal and thoroughly pleasant celebration. It was an occasion filled with warmth, camaraderie, and a shared [...]

Libya plans gas terminal upgrade projects https://www.meed.com/libya-planning-gas-terminal-upgrade-projects Libyan Prime Minister says "no war from now on" https://libyaobserver.ly/news/libyan-prime-minister-says-no-war-now NOC completes strategic project to increase local gas supply and clean pipelines https://libyaherald.com/2023/05/noc-completes-strategic-project-to-increase-local-gas-supply-and-clean-pipelines/ IMF Wraps Up Libya’s 2023 Article IV Consultation https://www.miragenews.com/imf-wraps-up-libyas-2023-article-iv-consultation-1014299/ FDCC destroys non-conforming shipments of medicines, calls on suppliers to respect Libyan health standards https://libyaherald.com/2023/05/fdcc-destroys-non-conforming-shipments-of-medicines-calls-on-suppliers-to-respect-libyan-health-standards/ Benghazi Turkish Trade Exhibition postponed to 12-15 June https://libyaherald.com/2023/06/benghazi-turkish-trade-exhibition-postponed-to-12-15-june/ HB Group opens Apple authorised I-Shop reseller in Tripoli’s Siyahia https://libyaherald.com/2023/06/hb-group-opens-apple-authorised-i-shop-reseller-in-tripolis-siyahia/ REAoL opens Benghazi office – to open office in south soon https://libyaherald.com/2023/06/reaol-opens-benghazi-office-to-open-office-in-south-soon/ Libya: Foreign Parties Attempt To Foment Political Stability – OpEd https://www.eurasiareview.com/03062023-libya-foreign-parties-attempt-to-foment-political-stability-oped/ [...]

Libya’s economy shows resilience despite facing low and volatile economic growth. The World Bank estimates a 1.2 percent contraction in Libya’s economy for 2022, primarily attributed to a decline in oil production during the first quarter of the year. High unemployment rates of 19.6 percent persist, with over 85 percent of the working population engaged in the public and informal sectors. Inflation has been significantly driven by rising food, housing, and electricity prices. The official Consumer Price Index (CPI) reached 4 percent by the end of 2022, while the Minimum Expenditure Basket (MEB) saw a peak increase [...]

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 [...]