Independence Day ‑ Libya
|Event Name||Independence Day - Libya|
|Start Date||24th Dec 2017 12:00am|
Libya is a country in the Maghreb region of North Africa, bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west. The three traditional parts of the country are Tripolitania, Fezzan and Cyrenaica. With an area of almost 1.8 million square kilometres (700,000 sq mi), Libya is the fourth largest country in Africa, and is the 16th largest country in the world. Libya has the 10th-largest proven oil reserves of any country in the world.
The largest city and capital, Tripoli, is located in western Libya and contains over one million of Libya's six million people. The other large city is Benghazi, which is located in eastern Libya.
On 24 December 1951, Libya declared its independence as the United Kingdom of Libya, a constitutional and hereditary monarchy under King Idris, Libya's only monarch. The discovery of significant oil reserves in 1959 and the subsequent income from petroleum sales enabled one of the world's poorest nations to establish an extremely wealthy state. Although oil drastically improved the Libyan government's finances, resentment among some factions began to build over the increased concentration of the nation's wealth in the hands of King Idris.