Emerging Markets Finance Headlines Libya

Libya’s Parliament, Central Bank discuss economic reforms amid cash crisis

Libya’s Speaker of Parliament Aguila Saleh met with Central Bank Governor Najee Issa and his deputy Marai al-Barassi in Benghazi on Wednesday, August 20, to discuss planned economic reforms and monetary policy. The talks, attended by Deputy Speakers Fawzi al-Nuwairi and Misbah Douma, centered on tackling the country’s ongoing liquidity crisis and advancing electronic payment […]

Europe International Libya

Libyan PM, French Envoy discuss security and political transition

Libyan Prime Minister Abdul Hamid Dbeibah met with French President Emmanuel Macron’s Special Envoy to Libya, Paul Soler, on Sunday to review the ongoing security operation in Tripoli and set priorities for the next stage of stabilization efforts. The talks disclosed on August 18 by the Prime Minister’s office, addressed bilateral relations, Libya’s political trajectory, […]

Headlines Libya

Libya: HNEC cautions against unofficial municipal election results

The Libyan High National Elections Commission (HNEC) has urged the public to disregard any municipal election results not released through its official channels. At a press conference held over the week-end, the Commission warned that figures circulating on social media or other outlets are unreliable, emphasizing that verified results will only be published on its […]

Libya

Tripoli Security Directorate reviews measures for municipal elections

The Tripoli Security Directorate has outlined plans to safeguard the upcoming municipal Council elections, set for August 16. In an expanded meeting, attended by senior Interior Ministry officials, participants reviewed security measures and coordination mechanisms among various agencies to ensure a smooth and secure voting process. The meeting built on earlier discussions between Interior Minister […]

Emerging Markets Energy Finance Headlines Libya

Arab Monetary Fund projects 14.3% growth for Libya in 2025 and 5.9% In 2026

The Arab Monetary Fund has forecast Libya’s economy to expand by 14.3% in 2025, before moderating to 5.9% the following year, contingent on improved domestic stability and stronger investor confidence. In its latest Arab Economic Outlook report released this week, the Fund attributed the robust growth outlook to the hydrocarbons sector, which provides over 95% […]

Energy Headlines Libya

Libya’s Presidential Council to launch audit of oil & electricity contracts

The media office of head of the Presidential Council Mohammed Menfi has announced plans to establish a specialised Technical committee to inspect and audit contracts within Libya’s oil and electricity sectors. Acting in his capacity as head of the High Financial Committee, Menfi aims to review spending patterns and contractual obligations to ensure transparency and […]

Headlines Libya

Libya reports 76 drownings in two months as rescue services struggle with severe shortages

Libya has recorded 76 drowning incidents between June 8 and August 6, including 55 Libyan nationals, amid critical shortages in maritime rescue resources. Misbah Al-Ghazewi, Head of the Maritime Rescue Room, told local outlet Fawasel that vast stretches of coastline—particularly between Tajoura and Al-Qarabolli—are without any rescue presence, while the Tripoli unit lacks even basic […]

Europe Headlines International Libya

Greece rejects Libyan maritime claims, urges dialogue on border delimitation

The Greek Government has lodged a verbal note with the UN Secretary-General rejecting what it termed as “Libyan claims” over two maritime blocks, south of Crete, asserting that the areas lie within its continental shelf and Exclusive Economic Zone (EEZ), in accordance with the median line principle and its maritime demarcation agreement with Egypt. A […]

Headlines

Libya’s Menfi, UN Chief Guterres discuss path to elections and stability

Libya’s Presidential Council head, Mohammed Menfi, held talks with United Nations Secretary-General António Guterres on the sidelines of the UN’s Third Conference on Landlocked Developing Countries in Avaza, Turkmenistan. According to a statement released on Tuesday, August 5, by the Presidential Council’s media office, discussions focused on the latest political and security developments in Libya, […]

Libya

Libya to hold municipal elections in 51 councils on August 16, HNEC confirms

Libya’s High National Elections Commission (HNEC) has announced that municipal council elections for a second group of 51 municipalities will be held on August 16. The group comprises councils whose mandates have expired and newly formed municipalities. According to the HNEC, polling stations will operate from 9:00 a.m. to 6:00 p.m. In preparation, the Commission […]