Finance Headlines Libya

Libya’s E-Payments Surge, Central Bank Reports Record Digital Transactions

The Governor of the Central Bank of Libya, Naji Issa, has reviewed the latest performance indicators for the country’s electronic payment systems, highlighting sustained growth across multiple platforms. The assessment was conducted on Tuesday during an expanded meeting at the Bank’s Tripoli headquarters, attended by the general managers of several banks and directors of electronic […]

Headlines Libya

Libya Pushes to Boost Oil Production as Shell Eyes Market Return

Tripoli-based Libyan Prime Minister Abd Alhamid Aldabaiba received a high-level delegation from British energy giant Shell on Monday. The delegation included Richard Howe, Executive Vice President of Conventional Oil and Gas; Fakher Bader, Vice President and Head of the UAE and Iraq branch; and Martin Garvelink, General Manager of New Business Development.   The discussions […]

Headlines Libya

Migrant Boat Tragedy: Two Bodies Recovered off Eastern Libya

The Libyan Red Crescent has recovered two bodies following the capsizing of a migrant boat off eastern Libya. In a statement issued on Sunday, 1 March 2026, the organisation confirmed that the vessel overturned in the area between Al-Tamimi and Umm Al-Razm, near Derna. Emergency teams from the Umm Al-Razm branch, supported by colleagues from […]

Finance Headlines Libya

Libya Tax Authority Reports Record 3.99 Billion Dinars in 2025 Revenues

Libya’s Tax Authority has announced that it collected 3,986,644,300 Libyan dinars in 2025, marking the highest annual revenue since its establishment and approaching the four-billion-dinar threshold. The milestone reflects what officials described as a transformative year for public revenue mobilisation. According to official figures, the western region accounted for the largest share of collections, contributing […]

Features Headlines Libya

Libya’s NCDC, IOM Strengthen Partnership to Tackle Rising Tuberculosis Cases

Libya’s National Center for Disease Control (NCDC) has held talks on February 24 with the International Organization for Migration (IOM) – Libya Office to strengthen support for the country’s National Tuberculosis Control Programme amid rising infection rates. The discussions, backed by the Global Fund, focused on the growing burden of tuberculosis (TB), particularly in areas […]

Headlines Libya

Libya’s Human Rights Body Condemns Arrest of Poet Fayez Al-Arfi

Libya’s National Institution for Human Rights has strongly criticised the arrest of prominent poet Fayez Al-Arfi by members of the Internal Security Agency aligned with the country’s parallel Government. According to the institution, Al-Arfi was detained from his home in the eastern city of Al-Marj after reciting a poem in which he lamented worsening living […]

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 […]