Libya’s Ministry of Economy and Trade approved new branches for foreign companies from Hungary, Spain, the United Kingdom, Qatar, Saudi Arabia, and Tunisia to support investment and economic growth. The ministry also extended a Dutch company’s license and authorized a Libyan commercial agency focused on machinery imports. Officials said the measures aim to simplify investor procedures, strengthen confidence in Libya’s economy, and attract foreign investment across sectors including energy, technology, and oilfield services.
Explore
Favorite
Suggested
18 - 24 May 2026
Activity
Are you sure you want to reset?
Libya Expands Foreign Investment Push
Business
11/05/2026
Libya’s Ministry of Economy and Trade approved new branches for foreign companies from Hungary, Spain, the United Kingdom, Qatar, Saudi Arabia, and Tunisia to support investment and economic growth. The ministry also extended a Dutch company’s license and authorized a Libyan commercial agency focused on machinery imports. Officials said the measures aim to simplify investor procedures, strengthen confidence in Libya’s economy, and attract foreign investment across sectors including energy, technology, and oilfield services.
Comments are moderated to help keep discussions respectful and constructive.
We want this space to remain useful and welcoming for everyone, so please keep your comments civil, relevant, and appropriate. Comments that don't follow basic guidelines may be removed.
There are no comments yet
Be the first one to share your thoughts
Comments are moderated to help keep discussions respectful and constructive.
We want this space to remain useful and welcoming for everyone, so please keep your comments civil, relevant, and appropriate. Comments that don't follow basic guidelines may be removed.
You must be logged in to post comments