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Economy

libyawire.org > News > Economy
  • Economy

Akakus successfully drills and operates new oil well with daily production capacity of 3,750 barrels.

Tripoli, December 16, 2025 – The Acacus Oil Operations Company announced a new achievement within its planned drilling program for 2025, represented by the successful drilling and commissioning of...
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Published On 21/12/2025 21/12/2025| آخر تحديث: 18:12 (توقيت مكة) آخر تحديث: 18:12 (توقيت مكة)
  • Economy

Life returns to the Marib Dam as channels open, heralding a new agricultural season.

Local authorities responsible for the historic Marib Dam have opened the dam’s channels after nearly six months of closure, marking the start of a new agricultural season in eastern...
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  • Economy

Gold hits a new record high amid expectations of continued interest rate cuts in the US.

Gold reached $4,383.76 per ounce on Monday, breaking the record high set in October, as investors anticipate the US Federal Reserve will continue to cut interest rates next year....
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  • Economy

American deputy accuses France of preventing Airbus from disclosing information about its activities in China.

A Chinese worker prepares the interior of an Airbus A220 aircraft at a factory in Shenyang, Liaoning province, northeast China, May 25, 2020. A Republican congressman has accused the...
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خزانات للنفط والغاز في مستودع بميناء تشوهاي الصيني
  • Economy

China launches the world’s first “smart oil tanker.”

China has launched the world’s first intelligent crude oil tanker powered by methanol, named “Kaito,” in the city of Dalian in Liaoning province, northeast China. The vessel is approximately...
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  • Economy

China escalates trade dispute: tariffs imposed on European products!

China’s Ministry of Commerce announced on Monday its intention to impose preliminary anti-dumping duties of up to 42.7% on imports of certain dairy products from the European Union. These...
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  • Economy

Continuous rise in dollar prices in Libyan banks on Monday, December 22, 2025.

Monday, September 22, 2025, trading concluded with a continued rise in the US dollar price, recording a slight increase in bank check prices of about 4 qirsh compared to...
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  • Economy

The Central Bank clarifies the situation regarding cash distribution through its branches today.

Tripoli – The Republic Bank announced the continuation of cash distribution operations across all its branches today, Monday, December 22, 2025. This is part of the approved arrangements to...
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  • Economy

New change: Foreign currency exchange rates rise against the dinar in the parallel market (Monday, December 22, 2025)

Here is a report on the latest exchange rates for the US dollar and foreign currencies against the Libyan dinar in today’s transactions, Monday, December 22, 2025, according to...
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  • Economy

Libya tops the list of importers of used Korean cars over 11 months.

Data from the Korean Ministry of Trade, Industry and Energy showed that Libya ranked first among importers of used South Korean cars during the period from January to November...
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