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Investment Foundation's assets rise to $51.8B

Investment Foundation's assets rise to $51.8B

The Libyan Investment Authority announced that its financial assets grew to $51.8 billion during the first quarter of 2026, representing a 1.7% increase compared to the end of last year. This growth was driven by rising market values of the stock portfolio as well as dividends and interest income. The authority also indicated that it is holding an uninvested cash balance of $9.22 billion due to the maturity of certain financial instruments, and it is prepared to reallocate these funds into low-risk instruments in accordance with United Nations Security Council recommendations. Additionally, the institution is working on assessing the assets of its subsidiaries and enhancing transparency by preparing financial statements in line with international standards.

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