This week in Libya
Libya saw significant economic activity this week, with the Central Bank easing foreign currency controls and injecting $300 million, while China launched new direct shipping lines to Benghazi and Misrata. A Libyan delegation also met with US Treasury officials for economic talks. Politically, a UN-backed 'Mini Meeting' in Rome discussed the electoral roadmap, though fierce militia clashes were reported in Surman.
About Libya
Libya, a North African nation rich in oil and ancient history, boasts a strategic Mediterranean coastline and significant Roman and Greek archaeological sites. However, its contemporary landscape is shaped by ongoing political fragmentation and security challenges, which profoundly influence its media environment and daily life. Despite these complexities, Libya remains a country of immense cultural depth and historical importance.
Visiting Libya
Media landscape
Libya's media operates within a highly fragmented and volatile environment, marked by competing authorities and armed groups, which has led to widespread polarization and significant threats against journalists. While the post-2011 era saw a proliferation of outlets, many struggle with financial sustainability and security, impacting the availability of independent reporting.
When consuming news from Libya, it is crucial to seek out multiple sources and be aware that reporting can be influenced by the country's complex and fragmented political landscape.
Sources we track 1
Akakus Oil Confirms Pipeline Leak Fixed by Libyan Staff Within Hours, Production Restored
- Akakus Oil Operations confirmed a crude oil pipeline leak in Block 186. - The company stated that its Libyan workforce efficiently contained and repaired the leak within hours. - Production has retuโฆ
GIZ Organizes Workshop on Sustainable Municipal Waste Management Systems
- GIZ Libya has launched a new phase of workshops focused on sustainable municipal waste management systems. - The workshops, held in coordination with the Libyan Ministry of Local Government, involveโฆ
Libya and Egypt Boost Economic Ties with Upcoming Tripoli Exhibition
- Libyan and Egyptian business councils met in Cairo to strengthen economic ties. - Discussions focused on organizing an upcoming exhibition of Egyptian products in Tripoli. - The exhibition aims to sโฆ
Libyan Diplomat in Bangladesh Jailed for Financial Fraud; Funds Mismanagement Prosecuted
- A former Financial Controller at the Libyan mission in Bangladesh has been convicted of financial fraud. - The individual was found guilty of collecting unentitled salaries and disbursing funds imprโฆ
Zawiya Refinery Tank Ruptured in Clashes; Ceasefire Secured
- Armed clashes near Libya's Zawiya Oil Refinery resulted in the rupture of Aviation Kerosene Tank 501, causing a significant spill. - A ceasefire was brokered by tribal and social intermediaries, allโฆ
Health Ministry Hails First Wireless Pacemaker Implantation in Libya, Eighth in Africa
- Libya's Al-Hadba Al-Khadra General Hospital successfully implanted the first wireless pacemaker in the country, marking a significant advancement in cardiac care. - This procedure, the eighth of itsโฆ
Indian Embassy to Resume Issuing Visas from Tripoli Soon; More Libyans Sent for Training in India
- The Indian Embassy in Tripoli is set to resume issuing visas to Libyans, a move aimed at strengthening bilateral cooperation. - This decision follows a meeting between the Indian Ambassador and Libyโฆ
Air Cairo Plans Expansion to Benghazi, Misrata, and Sebha After Tripoli Launch
- Air Cairo launched its first scheduled flights to Tripoli's Mitiga Airport on May 1st, operating three times a week. - The airline plans to expand its services in Libya by introducing new flights toโฆ
Libya's AGOCO Meets BP to Boost Oil Production and Partnerships
- The Arabian Gulf Oil Company (AGOCO) held a virtual meeting with BP representatives to discuss enhancing production and strengthening international partnerships. - The meeting focused on technical aโฆ
Libyan Health Officials Train in India on Digital Health Innovations
- Libyan Ministry of Health officials are undergoing specialized training in India. - The two-week program focuses on Digital Health Innovations and is part of India's Capacity Building Assistance to โฆ
ITA Airways to Resume Flights to Tripoli on September 3
- ITA Airways will resume scheduled flights between Rome and Tripoli on September 3, operating twice weekly. - The route was last active in 2025 and suspended in October, making this resumption signifโฆ
Libya's Central Bank Injects $300 Million, Eases Trade Restrictions Amid Dollar Strength
- The Central Bank of Libya (CBL) met with local banks to address difficulties in foreign currency sales and the strengthening of the US dollar on the black market. - The CBL will inject $300 million โฆ
China launches direct shipping line to Benghazi, signaling economic revival
- China has launched a new direct shipping line between China and Benghazi, Libya, with the arrival of the first cargo ship. - The new route aims to reduce shipping time by up to ten days and bypassesโฆ
Libyan Government Delegation Visits US for Economic and Investment Talks
- A Libyan government delegation met with U.S. Treasury officials in Washington last week to discuss financial and economic cooperation. - Key topics included the implementation of a unified national โฆ
Fierce Overnight Militia Clashes in Surman โ Unconfirmed Deaths Reported by Media
- Fierce overnight militia clashes occurred in the western Libyan city of Surman, involving light and medium weapons. - The clashes reportedly resulted in three casualties and property damage, with thโฆ
Chinaโs COSCO shipping adds new direct line to Libyaโs Misrata Free Zone | Src: Libya Herald (LY)
- China's COSCO Shipping Company has launched a new direct shipping service to Libya's Misrata Free Zone (MFZ). - The new service aims to reduce transit times, lower costs, and enhance supply chains bโฆ
Linataawan marks Phase II milestone in support of civil society in Libya
- The Linataawan project, funded by the EU and implemented by a consortium led by the British Council, concluded its second phase in Tripoli. - Over its six-year duration, the project supported over 5โฆ
Libya's 'Mini Meeting' Tackles UN Roadmap Steps in Rome
- A 'Mini Meeting' convened in Rome under UN auspices to advance Libya's electoral roadmap. - Participants agreed on restructuring the High National Elections Commission (HNEC) and nominated new membeโฆ
CBL Loosens Foreign Currency Controls, Permitting Cash Dollar Deposits and Transfers
- The Central Bank of Libya (CBL) has eased foreign currency controls, allowing banks to accept cash deposits and facilitate transfers. - These measures aim to strengthen the Libyan dinar and combat cโฆ
CBL Governor follows up on establishing closer banking relationship with China in meeting with its Libya Ambassador
- The Governor of the Central Bank of Libya met with the Chinese Ambassador to discuss strengthening banking ties. - The meeting followed up on discussions between the Libyan and Chinese central bank โฆ
New Shipping Line Launched Between Italy, Tunisia, and Tripoli
- A new regular international shipping line has launched, connecting Tunisia's ports of Zarzis and Rades with Italy's Gioia Tauro and Libya's Tripoli. - The initiative aims to boost economic activity โฆ
Kufra Free Zone to Host 20,000 sqm Food Factories
- An agreement was signed to establish approximately 20,000 square meters of food factories in Kufraโs Al-Jouf Free Zone. - The project, implemented by a private company, aims to strengthen the industโฆ
Libya's Celene Olive Oil Wins Gold at Japan Competition
- Libya's Celene Olive Oil Company won a gold medal at the Japan Olive Oil Prize (JOOP) 2026. - The award highlights the quality and global competitiveness of Libyan olive oil. - The Libyan Export Devโฆ
Libya Approves 12 Foreign Firms to Boost Investment Climate
- Libya's Minister of Economy and Trade approved decisions for 12 foreign and joint venture companies, including license extensions and new activities. - These measures aim to improve the business envโฆ
Municipality of Tripoli Centre Launches BaladiyaBOT for Digital Services
- The Municipality of Tripoli Centre in Libya has launched the development of BaladiyaBOT, a digital assistant for municipal services. - This initiative, part of Germany's GIZ Support to Municipalitieโฆ
Libya Explores Establishing Fishing Boat and Trawler Factory to Boost Economy
- The Libyan Export Development Authority (LEDA) and the Libyan Iron and Steel Company (LISCO) met to discuss establishing a fishing boat and trawler factory. - The proposed project, based at the Misrโฆ
China's Reed Pelagics establishes animal protein factory in Libya's Misrata Free Zone
- China's Reed Pelagics Co. has launched an animal protein factory in Libya's Misrata Free Zone (MFZ). - The project aims to bolster food security and economic diversification in Libya. - It is expectโฆ
Tripoli Chamber of Commerce Discusses Increased Cooperation with Malaysian Delegation, Eyes MIHAS 2026 Participation
- The Tripoli Chamber of Commerce met with a Malaysian trade delegation. - The delegation invited the Chamber to participate in the Malaysia International Halal Showcase (MIHAS) in 2026. - Discussionsโฆ
Libya and African Development Bank Group launch transport sector reforms to drive economic recovery
- The African Development Bank and Libya's Ministry of Transport have launched reforms to revitalize the country's transport sector. - A three-day workshop in Tunis defined the roadmap for implementinโฆ
Libya's NOC Chairman Meets Nigerian Firm Aiteo on Murzuq Basin Exploration
- Libya's National Oil Corporation met with representatives of Nigerian company Aiteo, which won an exploration bid for Block M1 in the Murzuq Basin. - Aiteo affirmed its commitment to an exploration โฆ
Libya's Oil Minister Discusses Enhanced Cooperation with French Energy Firm Beicip-Franlab
- Libya's Minister of Oil and Gas met with a delegation from the French company Beicip-Franlab. - The meeting focused on enhancing cooperation in oil reservoir technical studies and exploration strateโฆ
Libya Authority Proposes Gulf of Sirte Nature Reserve
- Libya's Export Development Authority (LEDA) proposed designating the Gulf of Sirte as an international nature reserve. - The initiative aims to protect the seabed from oil pollution and enforce inteโฆ
Switzerland's Sulzer partners with Libya's NOC subsidiary for equipment services venture
- Swiss industrial engineering firm Sulzer has formed a joint venture with Libya's National Oil Corporation subsidiary Jawaby Services & Investments Ltd. - The new entity, Jawaby Sulzer Services, willโฆ
LBC to Participate in Brazilโs APAS Food Show 2026
- The Libyan Business Council (LBC) will lead a delegation to the APAS SHOW 2026 in Sรฃo Paulo, Brazil, from May 18-21. - This participation aligns with the LBC's plan to expand opportunities for its mโฆ
Libya Central Bank, Numisma Bank Agree to Continue Dollar Supply
- Libya's Central Bank (CBL) and Numisma Bank have agreed to continue supplying US dollars to Libya. - The meeting reviewed milestones in restoring international confidence and supplying foreign curreโฆ
The Privatisation and Investment Boardโs (PIB) 8th Annual Forum of Investment was held in Benghazi last Saturday 18 April
- Libya's Privatisation and Investment Board (PIB) held its 8th Annual Forum of Investment in Benghazi on April 18. - The forum aimed to enhance the investment environment in Libya and create networkiโฆ
Libyan-Moroccan Business Forum to convene in Casablanca
- A Libyan-Moroccan Business Forum is scheduled for June 8 in Casablanca, Morocco, co-convened by the Libyan Business Council (LBC). - The forum aims to foster economic ties and will focus on key sectโฆ
Libya's Central Bank Governor Meets De La Rue CEO to Finalize New Currency Printing
- The Governor of the Central Bank of Libya met with De La Rue's CEO in Washington D.C. to discuss the printing of new Libyan banknotes. - The meeting focused on the implementation of the plan to prinโฆ
Libyan British Business Forum to be held in London on 22 June
- The Libyan British Business Forum is scheduled to take place in London on June 22. - The event is organized by the Libyan Business Council in cooperation with the West London Chamber of Commerce. - โฆ
Governors of Central Bank of Libya and Peopleโs Bank of China Agree to Launch Direct Banking Transactions
- The Central Bank of Libya and the People's Bank of China have agreed to launch direct banking transactions. - This agreement will link Libyan commercial banks to China's Payments and Settlement Systโฆ
UNDP and Ministry of Marine Resources Sign MoU to Advance Libyaโs Blue Economy
- The Ministry of Marine Resources and the UNDP Libya have signed an MoU to advance the country's Blue Economy. - This partnership aims to diversify Libya's economy, create jobs, and ensure food securโฆ
Libyan Investment Authority to Revalue Assets with Global Auditing Firm
- The Libyan Investment Authority (LIA) announced it will revalue its assets using one of the "Big Four" global auditing firms. - This initiative aligns with the LIA's strategy to enhance good governaโฆ
Grimaldi Shipping Meets Khoms Port to Forge Stronger Partnership
- Khoms Port in Libya held a meeting with Grimaldi Group, a major international shipping line. - The partnership aims to develop maritime performance, enhance logistical operations, and revitalize traโฆ
Libyaโs Ras Jedir Crossing: A Strategic Gateway to African Markets, Says Tunisia's Chargรฉ dโaffaires
- Tunisia's Chargรฉ d'affaires in Tripoli highlighted the strategic importance of the Ras Jedir crossing. - The crossing is being transformed into a continental gateway with cooperation from COMESA andโฆ
Libya Reviews Investment Climate Reforms Following US State Department Report
- Libyan government officials met in Tripoli to discuss follow-up actions on the U.S. State Department's Investment Climate Report. - The meeting reviewed progress on implementing investment climate rโฆ
Libya France Business Forum Opens in Marseille to Boost Economic Ties
- The Libya France Business Forum 2026 commenced in Marseille, France, with high-level participation from both nations' economic institutions and business leaders. - Discussions focused on developing โฆ
South Korea to dispatch special envoy to Libya to seek alternative oil sources to blockaded Gulf supplies
- South Korea dispatched a special envoy to Libya to secure alternative oil sources. - This action is a response to disrupted Gulf supplies due to the Middle East crisis and the US war against Iran. -โฆ
Libya adopts regulatory framework for use of in-flight internet services within Libyan airspace
- Libya's General Authority for Communications and Information Technology has adopted a regulatory framework for in-flight internet services. This framework allows airlines to offer high-quality interโฆ
Syria's Fly Cham to Launch Direct Flights to Tripoli
- Syria's Fly Cham airline is launching direct flights to Tripoli, Libya. - The new service is scheduled to begin on April 25. - The Libya Herald has been a key news source for Libya since its inceptiโฆ
Breakthrough expected in LD-dollar FX market: Central Bank launches comprehensive cash sales plan and distributes US$ 1 billion to banks
- The Central Bank of Libya (CBL) has launched a comprehensive plan to regulate the foreign exchange market and stabilize the Libyan Dinar. - The plan includes distributing $1 billion in cash to banksโฆ
US Embassy Welcomes Signing of Unified Budget by Libya's Split Administrations
The US Embassy in Libya congratulated the country on signing a Unified Development Programme (Unified Budget) for the first time in over 13 years, following months of American mediation. This agreemenโฆ
Libya and Algeria agree resumption of flights
Libya and Algeria have signed an air transport agreement and a memorandum of understanding to resume flights between the two nations. The agreement allows designated airlines from each country to operโฆ