That assessment provides a useful frame for Libya today. Libya, like Venezuela, is a resource-rich country, producing a higher-quality oil that is light and sweet in comparison to the heavy “sour” oil that Venezuela produces.

Libya is reopening its oil and gas sector to foreign investors while deepening strategic energy cooperation with Egypt to bolster production, regional supply chains, and energy security.

Now you see me; now you don't! For years, the United Arab Emirates (UAE) handled Libya as a manageable file, where money, airpower and political backing could reshape realities on the ground with limited cost.

The deal involves more than $20 billion in foreign-financed investment, Libyan Prime Minister Abdulhamid al-Dbeibah said.

The Trump administration is adding Libya to the list of countries that are destinations for migrants deported from the U.S. The Trump administration has a plan to send migrants to Libya as soon as this week. U.S. officials have spent the last few months ...

In a series of secretive diplomatic manoeuvres, Washington is reportedly courting Libya’s rival governments to accept deported migrants from Latin America and Southeast Asia – even as the North African nation remains mired in lawlessness and political ...

Over the last two years, Libya has been making a deliberate push to attract international tourism. View on euronews

The federal government has issued a fresh warning to Nigerians against embarking on illegal journeys to Libya, describing the North African country as a death trap that offers no escape route to Europe. Chairman of the Nigerians in Diaspora Commission ...

Discover how the Libyan Investment Authority manages Libya's $67 billion sovereign wealth fund to secure economic stability and growth for future generations.