Economy

Economy

New change: Foreign currency exchange rates rise against the dinar in the parallel market (Friday, December 26, 2025)

Here is a report on the latest exchange rates for the US dollar and foreign currencies against the Libyan dinar in trading on Friday, December 26, 2025, according to...

Economy

Crisis of salaries and maintenance: Oil union warns of sector budget delay.

The Oil Workers’ Union has warned of the consequences of the Government of National Unity delaying the approval of the oil sector’s budget, stressing that the issue goes beyond...

Economy

“Al-Waha Oil” announces the entry of a new well into production.

Benghazi The “Al-Waha Oil Company” announced on Saturday the completion of drilling operations for the new well known as (Q125), with actual production commencement integrated into the production system....

Economy

Continuous rise in dollar prices for checks in Libyan banks on Saturday, December 27, 2025.

Trading on Saturday, September 27, 2025, concluded with the continued rise of the US dollar price via bank checks, following a slight increase of about two qirsh compared to...

Economy

The citizen’s share of public debt exceeds the GDP in Libya.

The economic analyst explained that the per capita share of public debt in Libya has exceeded its share of GDP, warning of the repercussions of the House of Representatives’...

Economy

Dollar, Euro, and Sterling Decline as Gold Hits Historic High Against Dinar in Parallel Market (December 27, 2025)

The exchange rate of the US dollar against the Libyan dinar recorded a slight decline during mid-session trading in the parallel market today, Saturday, reaching 8.57 dinars, compared to...

The crude oil tanker Skipper recently seized by the U.S. off the coast of Venezuela, seen as the ship was traveling in a southwesterly direction and positioned approximately 33 kilometers north of Guadeloupe, in the southern Caribbean Sea, Dec. 12, 2025. (©2025 Vantor via AP)

Economy

Did Venezuela steal American oil and assets as Trump claims?

Washington- The U.S. President said on December 16 that the seizure of U.S. oil company assets justifies a “complete and strict blockade” on oil tankers arriving and departing from...

Economy

Russia extends temporary ban on gasoline exports until February.

Pipes transporting gas at the “Kasimovskoye” gas storage facility in the city of Kasimov, Russia. (Internet) Russia has extended a temporary ban on gasoline exports until the end of...

Economy

Gold and silver hit record highs amid escalating tensions in Venezuela and Nigeria.

Prices for gold, silver, and platinum jumped to record levels, the highest ever, extending historic gains in the year-end race, supported by escalating geopolitical tensions, a weak US dollar,...

Economy

Japan’s Nikkei index closes higher, supported by gains in technology stocks.

The Nikkei index closed slightly higher on Thursday, tracking gains on Wall Street from the previous day, with technology stocks leading the advance. The Nikkei rose 0.13% to close...