Economy

Economy

Economic expert: Diversifying income sources is achieved not through taxation but through production and export.

Benghazi, December 29, 2025 – Economic experts believe that diversifying income sources in Libya cannot be achieved through taxes and local levies, but rather by expanding the production base...

Economy

Bulgaria adopts the euro after 19 years of joining the European Union.

Bulgaria has adopted the euro, becoming the twenty-first country to adopt the common European currency, 19 years after joining the European Union. At midnight on Thursday (22:00 GMT Wednesday),...

Economy

The US dollar is nearing its largest annual decline in a decade.

The US dollar is on track to record its largest annual decline since approximately 2017, amid expectations from Wall Street banks of further weakness next year, as the US...

Economy

Oil prices rise as Brent crude heads for its longest annual losing streak.

Oil prices rose on Wednesday, but are on track to decline by more than 15% in 2025, after supply exceeded demand in a year marked by wars, rising tariffs,...

Economy

Decline in dollar prices in Libyan bank transactions on Wednesday, December 31, 2025.

Tripoli | Economic Follow-up The exchange rates for the US dollar via bank instruments in Libya recorded a decline at the close of trading on Wednesday, December 31, 2025....

Economy

Report reveals major violations in the National Oil Corporation’s hiring project.

The National Oil Corporation adopted the employment project for petroleum specialization graduates under Resolution No. (04) of 2023, without a clear plan defining the corporation’s actual needs, vacant positions,...

Economy

Several commercial banks clarify annual closure and work schedules.

A number of commercial banks have announced that Thursday, January 1, 2026, will be considered an internal working day across all their branches and agencies. This is due to...

Economy

The Central Bank of the Republic clarifies regarding cash liquidity in all branches today

The Republic Bank announced the continued distribution of cash liquidity across all its branches today, Wednesday, December 31, 2025. It confirmed that official working hours this week will be...

Economy

Head of Customs Authority: Mandatory ACI System for Air Freight to Begin on January 1st

The authority announced its readiness, along with all relevant parties, to begin the mandatory application of the Advanced Cargo Information (ACI) system for air shipments, starting January 1, 2026,...

Economy

Gold prices fluctuate for 24-karat gold in jewelry shops before closing.

Today’s price in Egypt fluctuated against the backdrop of changes in the global gold ounce near $4330, after it touched $4390 in the previous session, which was reflected in...