Libya and Qatar have signed a memorandum of understanding (MoU) to conduct studies for an investment project at Tripoli International Airport. The MoU was signed between the Libyan Investment Authority, the Libyan Ministry of Transport, and Qatar’s Urbacon (UCC Holdings). The agreement is part of Libya’s efforts to develop the airport.

The signing took place at the airport construction site during Libyan Prime Minister Abdel Hamid Aldabaiba’s inspection of the first terminal's implementation. Key Libyan and Qatari officials attended, including the Qatari Ambassador and the Chairman of the Libyan Investment Authority.

This development follows the stalled progress of Italy’s Aeneas Consortium, which had been working on the airport since 2017 but halted construction in late 2024 due to Libya’s failure to make payments. With this MoU, Libya appears to be shifting towards an investment-based model rather than state-funded financing for the project.