The objective of this paper is to answer the following question:. To what extent Libyan stock market developed to contribute to economic growth in Libya? This can be evaluated by using many financial indicators, these include stock market size, activity and efficiency, as well as the study including the regulatory framework, and information technology (IT) set in place by the market authorities. However, descriptive and comparative method was used. The results indicated that, despite the modest progress made in a very short time regarding all indicators which the paper calculated, however, it can be said that Libyan stock market remain largely underdeveloped, small and relatively inefficient. Its market capitalization to GDP is very low and investors have no access to long-term capital. In addition, the market still have very low liquidity and investors still have a limited choice of financial instruments and face liquidity problems. In the end of this paper was its conclusion a set of recommendations that can be used in developing a program that aims to speed the development of Libyan stock market and increase its efficiency.

ALJBIRI ATIYA: Factors aff ecting Gumhoria Bank's profi tability. Empirical evidence from biggest commercial bank in Libya. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2013, LXI, No. 7, pp. 1941-1949 The main purpose of this paper is to examine the factors aff ecting the profi tability of (Gumhouria) bank in Libya, over the time period from 2000 to 2010. Return on equity (ROE) is used as profi tability measures to determine the aff ect of internal and external factors on profi tability. The descriptive, correlation and regression analysis results are derived with the help of SPSS. The results show that all factors (Portfolio Composition, Capital Adequacy, Deposits, Size, GDP, CPI), establish positive relation with profi tability as measured by (ROE) in diff erent signifi cance.