Ministry of Economy Reports Surge in Foreign Company Activity
The Ministry of Economy and Trade of the Libyan Government of National Unity announced that it issued 106 decisions during the first half of 2026 regarding branches of foreign and joint companies and representation offices, aimed at strengthening the presence of international companies in the market and supporting economic partnerships. The construction sector topped the list of targeted sectors with 43 decisions, followed by the oil and energy sector with 34 decisions. There is also a clear trend toward facilitating investment procedures through an electronic platform set to launch in August, intended to simplify the registration of foreign companies and enhance transparency.
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