Annual trade exchanges between Libya and Italy currently stand at approximately €9 billion, providing a solid foundation for future growth and economic collaboration. This figure, reported by Italy’s Nova news agency on October 27, on the eve of the Libyan-Italian Business Forum, scheduled for October 28 in Tripoli, underscores the significant economic interdependence between the […]
Tag: Libya
Tripoli and Ankara ink MoU in law enforcement, crime prevention
Turkey and the Libyan Government of National Unity signed a Memorandum of Understanding providing for strengthening security relations and enhancing the exchange of expertise in law enforcement and crime prevention. The MoU was initialed by Acting Minister of Interior for the Government of National Unity, Emad Al-Trabelsi, and his Turkish counterpart, Ali Yerlikaya, during the […]
Commercial transit at Ras Jdir border crossing between Libya and Tunisia resumes
A Tunisian customs official has confirmed that trade activities between Tunisia and Libya have resumed at Ras Jdir border crossing, accompanied by new facilities designed to streamline operations. Issam Zureiq, the regional director of customs in Medenine, stated that commercial movement has recommenced without the imposition of new administrative procedures. This improvement was possible thanks […]
Libya’s Central Bank announces provision of over $3 billion to resolve liquidity crisis
The Central Bank of Libya (CBL) has unveiled a significant initiative aimed at bolstering the country’s banking sector by allocating 15 billion dinars (over 3 billion USD) to all operational banks in the coming months. This distribution is set to be implemented across all bank branches throughout Libya. This announcement followed a crucial meeting held […]
EU reaffirms commitment to peace & stability in Libya by expanding EULINK project
The European Union has reaffirmed its commitment to supporting Libya’s security sector and advancing the implementation of the 2020 ceasefire agreement. EU Ambassador to Libya, Nicola Orlando, announced the launch of the second phase of the “EULINK” project, designed to strengthen security measures in ceasefire zones. In a statement on X, Orlando emphasized the EU’s […]
Libya: Oil production reaches 1.3 million barrels per day
On October 14, Prime Minister Abdul Hamid Dbeibah announced a significant milestone for Libya’s oil sector, reporting that oil and condensate production had reached an impressive 1,305,059 barrels per day (bpd). This achievement is a testament to the resilience and hard work of national workers across various oil fields, as well as the strategic leadership […]
France reaffirms commitment to providing technical support for Libyan elections
French Ambassador to Libya, Mostafa Mihraje, reaffirmed France’s dedication to supporting Libya’s electoral process by offering technical and advisory assistance aimed at enhancing the High National Elections Commission’s (HNEC) capacity to manage the upcoming elections. This commitment was emphasized during his meeting with HNEC Chairman, Imad Al-Sayeh, at the Commission’s headquarters in Tripoli, on Monday […]
ITA Airways prepares to resume flights to Libya
Andrea Benassi, Director of Italy’s ITA Airways, announced, ongoing arrangements between the Libyan Civil Aviation Authority and its Italian counterpart for the resumption of ITA Airways flights to Libya, though he did not specify an exact date for the restart. The announcement was made during a meeting between Libya’s Minister of Transport in the Government […]
Libya: NOC announces drilling of 5 new wells with a combined output capacity of 12,000 bpd
The National Oil Corporation (NOC) announced on Wednesday the successful drilling and restarting of five new wells since the start of October, with a combined production capacity of around 12,000 barrels per day (bpd). According to the NOC, Mellitah Company has restarted well “A-28” in the Abu Attifel oil field, a move aligned with the […]
Libya: Oil production to resume in eastern part of country
After a suspension of more than a month due to a significant political crisis involving the UN-recognized Government in Tripoli, eastern Libyan authorities announced on Thursday, October 3, that oil production and exports from the region will resume. Oil operations, which have been halted since August 26, are set to restart following the lifting of […]









