Finance Headlines Libya

Libya: Electronic Payments Exceed 313bn Dinars in Record 2025 Digital Surge

Electronic transactions in Libya surpassed 313.6 billion dinars in 2025, marking unprecedented growth in the country’s digital payment ecosystem, according to statistics released by the Central Bank of Libya (CBL). Data published on the Government of National Unity’s “Hakomitna” platform show that, up to February 15, 2026, mobile banking subscribers reached 4.29 million. More than […]

Headlines Libya

Libya: UN Envoy Warns of divisions, worsening economic climate

The United Nations’ Special Representative for Libya, Hanna Tetteh, has cautioned that growing divisions within Libya’s judiciary and a worsening economic climate are placing the country’s unity at risk and could destabilize the wider region. Briefing the UN Security Council, Tetteh stated that conditions in Libya are deteriorating on multiple fronts. She warned that the […]

Finance Headlines Libya

Mohammed Menfi Establishes High-Level Economic Advisory Committee Amid Currency Crisis

The Head of the Presidential Council, Mohammed Menfi, has constituted a specialised advisory Committee to assess Libya’s worsening economic landscape and recommend corrective measures. The newly formed body, chaired by Hossam Al-Shahibi and comprising seven economic and financial experts, has been mandated to deliver a comprehensive technical report evaluating the country’s macroeconomic performance and institutional […]

Headlines Libya

UN Report Exposes Widespread Abuse of Migrants in Libya

A United Nations Human Rights Office report has revealed that migrants, refugees, and asylum seekers in Libya are being subjected to systematic abuse, including torture, rape, forced labour, and extortion. The findings, released on Tuesday, describe a “business model” in which human mobility is exploited for profit. The report, titled “Business as Usual”, is based […]

Headlines Libya

Libya Eliminates Trachoma as Public Health Problem

The World Health Organization (WHO) has declared Wednesday that Libya has eliminated trachoma as a public health problem, marking a major achievement for the eastern Mediterranean region. Libya is now the 28th country worldwide and the eighth in the region to reach this milestone. Surveys conducted in 2022 across six southern districts showed that the […]

Finance Headlines Libya

Libya: Prime Minister, Central Bank Governor Align on Liquidity, Forex Controls, Price Stability Measures

Prime Minister Abdulhamid Dbeibah has met with Central Bank of Libya (CBL) Governor Naje Issa to address what officials described as priority economic and financial concerns, with a focus on liquidity, foreign exchange regulation and price stability. In a statement posted on the government’s official platform, on February 16, talks centred on improving cash availability […]

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Libya: Dbeibah Unveils 100-Day Overhaul Plan for Libya’s Health Sector

Libyan Prime Minister Abdulhamid Dbeibah has launched a 100-day reform strategy aimed at restructuring the ountry’s troubled health sector, describing it as the most challenging ministry inherited by his Government. The initiative, unveiled at a ceremony organised by the Health Ministry over the week-end, seeks to address what he characterised as decades of systemic decline. […]

Energy Headlines Libya

Five Global Energy Firms Secure Exploration Deals in Libya’s First Oil Bid Round in 17 Years

Libya’s National Oil Corporation (NOC) has announced the results of its first public oil and gas bid round in 17 years, awarding exploration and development contracts to five major international companies and consortia. The round offered 20 exploration blocks. Winning entities include a consortium of Italy’s Eni and QatarEnergy; a consortium of Spain’s Repsol and […]

Headlines Libya

Saif al-Islam Gaddafi’s funeral deepens Libya’s political and social divisions

The funeral of Saif al-Islam Gaddafi has brought Libya’s internal fractures sharply back into focus, exposing the political, tribal and regional divides that continue to shape the country since the fall of Muammar Gaddafi. Saif al-Islam, long regarded as his father’s political heir, was killed in Zintan after four masked men stormed his home, disabling […]

Energy Headlines Libya

Libya: NOC Joins UN-Backed Methane Reduction Initiative

The National Oil Corporation (NOC) has signed the Oil and Gas Methane Partnership (OGMP), a United Nations-backed initiative aimed at reducing methane emissions in the energy sector. In a statement, the NOC said on February 10 its Chairman, Masoud Suleiman, formalized the agreement, making the Corporation a member of the group operating under the supervision […]