Libya Business News

Business is booming on Misrata’s docks, a dramatic change to the desperate days of April and May 2011. Then, under heavy shelling and rocket attack, only humanitarian boats were brave enough to enter the port. Now, millions of dollars of trade is passing through this port every month. Currently, about 1,200 people work on site, [...]

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Libya plans to set up a free-trade zone in Benghazi as it seeks to shift its economy away from dependence on oil, government officials said. The revived plan for Benghazi, the second-biggest city, could help create more than 40,000 jobs and restore its status as a trade hub, Rajab Khalil, undersecretary at the Economy Ministry, [...]

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Flying into Tripoli International Airport offers the traveller an aerial view of Libya’s pressing challenges as well as its future potential. First the plane flies over the Mediterranean coastline, scattered with sleepy ports ringed by the hulks of Libyan warships bombed during last year’s Nato campaign. As the aircraft descends, passengers peering below see a [...]

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