Economy

Economy

Libya receives international approval to import US dollars after 15 years.

The Central Bank of Libya has announced it has received international authorization to import 600 million US dollars in cash per month, a significant development after a 15-year hiatus....

Economy

New change: Gold prices rise in Libya on Saturday, January 3, 2026.

Tripoli | Gold markets in Libya witnessed a notable wave of increases today, Saturday, January 3, 2026, covering all karats and types. This rise is driven by two main...

Economy

At the highest level.. US dollar movement against the dinar in the parallel market during the week

The parallel market witnessed notable fluctuations in the exchange rate of the US dollar against the Libyan dinar during the last week of December and the beginning of January,...

Economy

The Central Bank announces receipt of cash liquidity, distribution schedule, and withdrawal limits.

The Republic Bank announced that it has received shipments of cash liquidity from the Central Bank of Libya, confirming that distribution to all its branches across various regions will...

Economy

Sukuk prices in commercial banks for Saturday, January 3, 2026.

Below are the bond dollar exchange rates in some commercial banks during today’s parallel market trading, Saturday, 03-01-2026, as reported by specialized price pages on social media platforms: Bond...

Economy

Former official criticizes debate over payment methods and stresses priority of the Libyan citizen.

Tripoli – The escalating debate over payment methods, specifically cash versus checks, has been criticized, with emphasis placed on the fact that the core issue is not the payment...

Economy

Head of Oil Foundation Praises Workers’ Efforts Achieving Average Daily Production of 1.375 Million Barrels of Oil and 2.5 Billion Cubic Feet of Gas.

Tripoli, January 2, 2026 – The Chairman of the Board of Directors of the National Oil Corporation confirmed the Corporation’s commitment to neutrality, professionalism, and transparency, praising the efforts...

Economy

Trump: American oil companies will go to Venezuela to repair dilapidated infrastructure and start making money.

US President Donald Trump announced on Saturday that he will allow American oil companies to go to Venezuela to exploit its vast crude oil reserves following the US military...

Economy

Energy companies are taking legal action against the U.S. government’s decision.

The Danish energy company Ørsted has initiated legal action against the US government’s decision to suspend its massive ‘Revolution Wind’ offshore wind project off the coast of Rhode Island....

Economy

New US sanctions imposed on 4 oil companies in Venezuela

The United States has imposed sanctions on four companies operating in the Venezuelan oil sector, as well as oil tankers belonging to them, as part of the Trump administration’s...