After the early Phoenicians, Libya was established as a popular city of the Roman Empire. Somewhere about AD 650, however, the Arab conquerors defeated the local rules and established their kingdom. Later on, Libya was an Italian colony. The independence was announced on 24 December 1951 by King Idris. In 1969, he was overthrown by the military leader Muammar Gaddafi. However, many acts of human rights violation were committed under Gaddafi’s rule.
Almost 25% of Libya’s GDP comprises oil exports, which happens to be the dominant trading sector. Because of its oil wealth, Libya has been able to embark on ambitious agriculture and river projects. Business is booming in the country, which is attracting more investors. Libya is also famous for tourism, and the demand for hotels is on the rise.
In early 2011, a fierce civil unrest reared its head against Gaddafi, demanding a democratic government and more freedom.











