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Economy

libyawire.org > News > Economy
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The tax will lower the dollar, and without it, it will jump to 15 and 20 dinars.

Libyan parliament member Badr Al-Nahib stated that the decision to impose a tax on foreign currency sales will lead to a decrease in the dollar’s price, confirming that he...
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  • Economy

Important announcement from the Social Solidarity Fund regarding the domestic service benefit and its supplements.

The General Authority of the Social Solidarity Fund announced the referral of Household Service Benefit bonds (Al-Mu’ana) to its various branches, along with the appendices for citizens who have...
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  • Economy

Libya’s Ambassador to Uganda discusses with Ugandan Foreign Ministry officials the importance of reopening the Ugandan embassy in Tripoli.

Tripoli, January 30, 2026 – The Libyan Ambassador to the Republic of Uganda discussed today with the Ugandan State Minister for Foreign Affairs the importance of reopening the embassy...
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  • Economy

Al-Bour reviews Libyan-Indian relations and ways to enhance them in all fields with the Indian Foreign Minister in New Delhi.

New Delhi – January 30, 2026 – The official in charge of managing the affairs of the Ministry of Foreign Affairs and International Cooperation of the Government of National...
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  • Economy

Gold prices drop by more than four percent today.

Singapore, January 30, 2026 — Gold prices fell by more than four percent on Friday, as news circulated about potential changes in the leadership of the Federal Reserve (the...
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  • Economy

Trump threatens to impose tariffs on countries that sell oil to Cuba.

US President Donald Trump has signed an executive order threatening to impose additional tariffs on countries that sell oil to Cuba. The decree issued on Thursday stipulates that additional...
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Venezuelan Parliament passes oil sector bill favoring private interests under US pressure.

Venezuela’s National Assembly approved an amendment to the Hydrocarbons Law on Thursday, under pressure from the United States. The amendment aims to open the sector to private companies and...
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Oil prices rise 5% amid Trump’s threats against Iran

Oil prices rose by more than 5% on Thursday, reaching levels not seen in at least four months, following threats from U.S. President Donald Trump to launch a military...
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  • Economy

Kazakhstan announces resumption of production at Tengiz oil field after ‘mysterious fires’

Kazakhstan announced the start of a phased resumption of production at the giant Tengiz oil field, with expectations of reaching full production capacity within a week. This follows a...
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  • Economy

Dollar decline drives significant drop in gold and silver prices in Libyan markets.

Gold and silver prices in the Libyan market have seen a clear decline, driven by a drop in the global price of a gold ounce and a fall in...
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