Economy

Economy

National Oil Corporation achieves highest average crude oil production in the past 10 years.

Tripoli, January 2, 2026 – The National Oil Corporation announced the average daily production quantities of crude oil and the total (cumulative) production over the past 10 years. The...

Economy

Snow disrupts transportation and travel in Britain, France, and the Netherlands.

A severe cold wave, one of the coldest of the current winter, disrupted travel on Monday in Britain, France, and the Netherlands, where roads were closed, flights were suspended,...

Economy

Turkish Statistical Institute: Inflation rate fell to over 30% in December 2025

The National Statistical Institute announced on Monday that the inflation rate in Turkey fell to 30.89% in the last month of 2025, compared to 44.38% in the same month...

Economy

Liquefied Natural Gas Drives Energy Sector Growth in Africa

A report predicts that a surge in liquefied natural gas (LNG) production will drive growth in Africa’s energy sector, with sub-Saharan Africa expected to provide the bulk of the...

Economy

Libya among the most affected African countries by internet outages in 2025.

Tripoli – Libya has been ranked among the top ten African countries most affected by internet outages in 2025, a result of security disturbances and armed clashes. The report...

Economy

Sudden rise in the exchange rate of the dollar against the Libyan dinar in the parallel market.

Tripoli – Trading on the parallel market witnessed a sudden rise in the exchange rate of the US dollar against the Libyan dinar on Tuesday, with the dollar reaching...

Economy

New rise for dollar, euro, and sterling, and a jump for gold against the dinar in parallel market dealings.

The exchange rate of the US dollar against the Libyan dinar rose during mid-session trading in the parallel market today, Tuesday, recording 8.835 dinars, compared to 8.79 dinars at...

Economy

Libyan Economy Ministry refers 122 companies for investigation over cooking oil price speculation.

The Ministry of Economy and Trade of the Government of National Unity announced that the files of 122 companies have been referred to regulatory authorities to take the necessary...

Economy

In a clarification statement: the Minister of State for Women’s Affairs denies statements attributed to her regarding the legality of inheritance amendments between males and females.

Tripoli, January 06, 2025 – The State Minister for Women’s Affairs in the Government of National Unity has categorically denied what has been circulated on some anonymous social media...

Economy

Stock market closes Tuesday session with collective rise supported by bank shares.

Benghazi, January 6, 2026 – The Libyan stock market concluded its trading session on Tuesday with a collective rise, recording a positive performance that bolstered optimism among investors, amid...