Economy

Economy

Unified drilling regulations adopted for companies.

The Board of Directors of the National Oil Corporation (NOC) has approved a unified drilling regulation for companies, marking the first time such a framework has been adopted in...

Economy

Trump announces blockade of “sanctioned Venezuelan oil tankers.”

U.S. President Donald Trump announced the imposition of a naval blockade on “sanctioned oil ships” departing from and heading to Venezuela, marking a new escalation in the pressure campaign...

Economy

Saudi Riyal exchange rate against the Egyptian pound today, Thursday, December 18, 2025

The Saudi Riyal remained stable against the Egyptian Pound today, Thursday, 18-12-2025, during daily trading. At the National Bank of Egypt, it recorded a price of 12.53 EGP for...

Economy

CBL approves final licenses for 91 new exchange firms, total reaches 278

The Central Bank of Libya announced that the Governor has approved final operating licenses for 91 additional exchange companies and offices. According to the Bank’s statement, this move is...

Economy

Libya and Turkey agree to cooperate in organizing exhibitions and economic forums.

Emaar Libya Exhibitions and Conferences Company signed a cooperation agreement with the Anatolian Businessmen’s Association in Benghazi on Saturday. This follows growing interest from the Turkish side in entering...

Economy

Egyptian and Jordanian Electricity Ministers Witness Signing of Power Exchange Agreement

As part of the action plan and renewable energy strategy for electrical interconnection with neighboring countries, transforming Egypt into a strategic hub for energy transmission and exchange between Asia,...

Economy

Dollar and Pound rise, Euro declines: Foreign exchange rates in the official market (December 17, 2025)

The official Libyan market witnessed a rise in the US dollar price and fluctuations in the exchange rates of several foreign currencies against the Libyan dinar on Wednesday, according...

Economy

Prime Minister and Central Bank Governor discuss liquidity and banking reforms.

Prime Minister Abdul Hamid Dbeibah has held talks with the Central Bank Governor on measures to address liquidity shortages and improve banking services. The meeting in Tripoli focused on...

Economy

African Development Bank unveils strategic cooperation framework with Libya

The African Development Bank Group has announced the strategic pillars of its cooperation with Libya for the 2025–2028 period, aimed at supporting reconstruction efforts and driving long-term economic transformation....

Economy

Minister of Housing discusses reviving stalled projects with Chinese construction firm.

The Acting Minister of Housing and Construction for the Government of National Unity, Abu Bakr Oweidat, held discussions with senior officials from the Chinese state-owned company CSCEC to explore...