Libyan Industry Union signs MoU with Maghreb Bank for Investment and Foreign Trade BMICE to expand financing opportunities for Libyan industry

The Libyan Industry Union signed a memorandum of cooperation on 26 September with the Maghreb Bank for Investment and Foreign Trade (BMICE) in Tunisia, under the auspices of the Ministry of Economy and Trade and the Libyan Embassy. The agreement...

US, Italy, and Turkey alignment could push the needle in Libya

Turkey and Italy’s long-standing influence as external players in western Libya and backers of the Tripoli-based Government of National Unity (GNU) was reinforced this August‚—when Turkey’s President Recep Erdoğan and Italy’s Prime Minister...

Libya’s Oil Revival: How Justice and Leadership Can Unlock Billions

A New Chapter in Libya’s Oil Sector After years of turbulence and uncertainty in Libya’s oil sector, a new chapter may be opening. The recent Supreme Court decision on June 29, 2025, fully acquitting Imad Ben Rajab marks more than a legal...

Libya reports cases of rickettsia disease in central region

Libya’s National Centre for Disease Control (NCDC) has confirmed cases of rickettsia disease in the central region, based on data from its rapid response and surveillance network. The centre said the disease is transmitted through insects such as...

From battlefield to boardroom: Turkey’s grip on Libya

Over the past 14 years, Turkey’s involvement in Libya has shifted from a narrowly focused military intervention to a complex, multi-layered engagement that intertwines security, economic, mediation and political interests. Initially aimed at...

TAY OIL Services and Polaris commission a pioneering onshore seismic survey for AGOCO in Libya

STRYDE, the world’s leading provider of onshore nodal seismic solutions, has been selected by TAY Oil Services and Polaris (TAY Oil – Polaris) to supply its cutting-edge technology for an onshore oil and gas exploration survey in Concession 57 in...

Libya–Serbia economic forum to be held in December

The Chairman of the Board of Directors of the Chamber of Commerce, Industry, and Agriculture in Zliten, Jalal Bani, agreed on Wednesday with the Ambassador of Serbia to Libya, Dragan Todorović, to organize a Libya–Serbia Economic Forum to be held...

Japanese Ministerial delegation visits Misrata – trade, industrial projects and return of Japanese companies discussed

Misrata Municipality reported yesterday that a high-level delegation from the Japanese Ministry of Foreign Affairs visited Misrata, headed by Keiichi Iwamoto, Director-General for the Middle East and Africa Bureau, and including several ministry...

Bayo Ojulari Reforming Nigeria Energy Future- Abiodun

6 When Bayo Ojulari assumed leadership of the Nigerian National Petroleum Company (NNPC) Limited in April 2025, he inherited more than a corporation. He stepped into a storm defined by falling oil production, chronic revenue leakages, dwindling...

The Real Estate Savings and Investment Bank launches the ‘‘Savings for Housing’’ Islamic Sharia savings account

Libya’s Real Estate Savings and Investment Bank announced yesterday that it has launched the ‘‘Savings for Housing’’ account. The bank said the account is a national vision compliant with the provisions of Islamic Sharia and entails it initiating...

Austria’s OMV plans to expand in Africa after strong return to Libya

Austrian energy company OMV has described its recent return to Libya as a “strong comeback,” praising cooperation with local authorities and companies as it seeks to expand across Africa after an almost 13-year hiatus. Speaking during a panel...

Libya

Libya's oil output averaged 1.3 million barrels per day in the first four months of 2024. Production averaged 1.12 million b/d in full-year 2024, down from 1.2 million b/d in 2023 due to a series of shutdowns and blockades of key fields and export...

Libya expands digital payments; Djibouti launches e-wallet

Homepage > News > Business > Libya expands digital payments; Djibouti launches e-wallet Amid the push for digital payments in North Africa, fintech service provider Network International has signed a strategic partnership with Libya’s National...

Southcomp Polaris, a Mindware Company, Hosts Exclusive Partner Summit in Tunisia to Strengthen Ties with Libyan Channel Partners

(MENAFN- Procre8) Tunis, Tunisia, 29th September, 2025: Mindware, a leading value-added distributor (VAD) in the Middle East and Africa, as part of its partner summit series, hosted an exclusive event in Tunisia through its affiliate, Southcomp...

Southcomp Polaris, a Mindware Company Strengthen its Ties with Libyan Channel Partners

Mindware, as part of its partner summit series, hosted an exclusive event in Tunisia through its affiliate, Southcomp Polaris (SCP), bringing together 60 of its most prominent channel partners from Libya. The event aimed to strengthen...

Prime Minister meets OLA Energy chairman

Government of National Unity discusses future plans with OLA Energy GroupThe Prime Minister of the Government of National Unity met with the Executive Chairman of OLA Energy Group to discuss investment opportunities and the company’s role in...

Tinubu Set to Commission $400m Crude Oil Export Terminal in Rivers

President Bola Ahmed Tinubu is scheduled to inaugurate a newly built $400 million crude oil export terminal in Rivers State, a project expected to significantly boost Nigeria’s oil production and export capacity. The facility, described as one of...

Turkey in Libya: From tactical intervention to powerbroker

Turkey’s role in Libya has undergone a remarkable transformation over the last 14 years. Back in 2011, Ankara, a NATO member, initially rejected a military intervention, offering mediation instead between the then-Gaddafi government and rebels....

U.S. Diplomat Meets with Libyan Oil Chief, Pledges Support to Boost Energy Production

Top U.S. diplomat in Libya, Chargé d’Affaires Jeremy Berndt, met with Acting National Oil Corporation (NOC) Chairman Masoud Suleiman in Tripoli to discuss expanding bilateral business cooperation. The meeting, announced by the U.S. Embassy on its...

Libya's eastern-based parliament reaffirms support for Sudan

TRIPOLI, Sept. 28 (Xinhua) -- Libya's eastern-based House of Representatives, the parliament, on Sunday reaffirmed continued support for Sudan amid ongoing regional challenges, according to the Libyan News Agency. In a meeting in Benghazi between...