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Libya still faces difficult investment environment: US State Department 2023 Investment Climate report on Libya

The executive summary of US State Department’s 2023 Investment Climate report on Libya, published last week, says despite the high potential for domestic and foreign investment in Libya due to its reconstruction needs, unmet consumer demand, and rich natural resources, the country still faces a difficult investment environment.

Bathily: Those who want new Libyan government aim at their share of the cake

The UN envoy to Libya, Abdoulaye Bathily, said that the country’s future should not depend on the House of Representatives and the High Council of State, but on the aspirations of the citizens. Bathily said that all those who wanted new transitional arrangements and governments only wanted to share the …

Menfi calls on Russia to commit to withdrawing foreign forces from Libya

The head of the Presidential Council, Muhammad Menfi, expressed Libya’s desire to see Moscow, African leaders, and all stakeholders work towards ending the presence of mercenaries and foreign forces on its territory, without restriction or condition, and as soon as possible.