Economy

Economy

Bulgaria prepares to adopt the euro amid inflation concerns.

Euro logo in front of the former European Central Bank headquarters in Frankfurt, Germany, October 30, 2025. Bulgaria joins the eurozone on Thursday, becoming the twenty-first country to adopt...

Economy

China imposes sanctions on 20 American companies over arms sales to Taiwan.

China announced new sanctions against twenty American defense companies on Saturday, including a branch of Boeing, in response to the latest arms sale deal concluded by Washington with Taiwan,...

الصين وأمريكا.. صراع مستمر بين أكبر قوتين بالعالم

Economy

China imposes extensive sanctions on American companies.

The Chinese Ministry of Foreign Affairs announced the imposition of extensive sanctions targeting 10 individuals and 20 American companies operating in the defense sector, including the St. Louis branch...

أسعار النفط تتباين وسط تصاعد التوترات الجيوسياسية العالمية

Economy

Energy markets closed… crude oil at $58.35.

Oil prices ended Wednesday’s trading session slightly lower, as markets assessed the impact of ongoing geopolitical tensions in Ukraine and Venezuela on global crude supplies. February futures for U.S....

رجل عراقي يقف تحت برج نقل الكهرباء جنوب مدينة الحلّة في العراق

Economy

After gas supplies from Iran were halted, Iraq lost 4,500 megawatts of electricity.

The Iraqi Ministry of Electricity announced a complete halt in Iranian gas supplies, causing an immediate loss of between 4,000 and 4,500 megawatts of production capacity, which directly impacted...

Economy

Rising prices for the dollar, euro, pound, and gold at the close of the parallel market on December 28, 2025.

Sunday, December 28, 2025, trading in the parallel market concluded with the US dollar continuing its rise against the Libyan dinar. The closing price in Tripoli was 8.66 dinars,...

Economy

Official correspondence reveals a rapid and dangerous leap in Libya’s public debt in just three months.

Fawasil has obtained an official correspondence issued by Deputy Governor of the Central Bank of Libya, Mari Al-Barassi, addressed to the President of the House of Representatives, Aguila Saleh,...

Economy

Personal item deposit card fees reduced in Libyan banks on December 28, 2025.

Libyan Scene publishes this Sunday, December 28, 2025, the latest prices for personal purpose card deposits in Libyan banks, according to what has been circulated on specialized pages on...

Economy

Jumhouria Bank warns of fake app targeting customers.

Jumhouria Bank has issued a warning following the discovery of a fraudulent app impersonating its name and logo on social media platforms. In a statement, the bank urged customers...

Economy

Parliament committee discusses 2026 budget plans with central bank governor

The House of Representatives (HoR) committee on planning, finance, and the state budget has held talks with the Governor of Libya’s Central Bank (CBL) regarding financial arrangements linked to...