Economy

Economy

Prices of the dollar, euro, pound, and gold at the close of the parallel market on January 24, 2026

The US dollar showed mixed performance against the Libyan dinar in the parallel market during trading on Saturday, January 24, 2026. It closed in the capital, Tripoli, at 9.05...

Economy

Turkish Airlines cancels its flight from Maitiqa after a collision incident.

Tripoli – Turkish Airlines announced on Saturday the cancellation of its scheduled flight from Mitiga International Airport to Istanbul, following an incident where one of its aircraft collided with...

Economy

Al-Zintani: Even if the Federal Reserve Governor were appointed to head the Libyan Central Bank, he would flee—and this is what the exchange rate depends on.

A financial analyst stated that we must distinguish between taxes as a fiscal policy and the exchange rate as a result of monetary policy. We cannot say that imposing...

Economy

Al-Dabaiba discusses cooperation and partnership with Egyptian Petroleum Minister in oil exploration and field development.

Tripoli, January 24, 2026 – The head of the Government of National Unity has issued instructions to the Ministry of Oil and Gas to open avenues of cooperation with...

Economy

The Arab Parliament reaffirms its support for a comprehensive political settlement to the Libyan crisis.

Benghazi, January 24, 2026 – The Arab Parliament has reaffirmed its firm and supportive stance towards achieving a comprehensive political settlement for the Libyan crisis, leading to presidential and...

Economy

Launch of the Fourth Edition of the Libya Energy and Economy Summit.

Tripoli, January 24, 2026 – The fourth edition of the Libya Energy and Economy Summit commenced today, Saturday, at the Victory Forest Halls complex in the capital, Tripoli. The...

Economy

Stock Market: General Index Records Collective Rise Supported by Banking and Financial Services Sectors

Benghazi, January 22, 2026 – The Libyan stock market recorded a positive performance during trading on Thursday, January 22, 2026. The general market index (L.S.M Index) closed with a...

Economy

Singapore announces $785 million investment in artificial intelligence research.

Singapore intends to invest more than 785 million US dollars in artificial intelligence research by 2030, aiming to enhance its capabilities and potential to compete in this field, the...

Economy

New American sanctions imposed on Iran’s “shadow fleet.”

The US administration announced on Friday the imposition of new economic sanctions on the “shadow fleet” that transports Iranian oil, aiming to cut off financial resources from the authorities...

Economy

Saudi Finance Minister downplays Venezuela’s impact on the oil market.

Saudi Finance Minister confirmed that an increase in Venezuela’s oil production, as desired by the United States following the abduction of President Nicolas Maduro in early January, “will not...