The Libyan Investment Authority (LIA) is a sovereign wealth fund established in 2006 to manage Libya's surplus oil revenues. Its primary goal is to invest in various sectors, both domestically and internationally, to generate long-term financial returns for the country. The LIA aims to diversify Libya's economy beyond oil dependency. The LIA is responsible for overseeing a diverse portfolio that includes investments in real estate, infrastructure, and financial markets. It operates under the guidance of the Libyan government and plays a crucial role in promoting economic stability and growth in Libya.