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Economy

libyawire.org > News > Economy
  • Economy

Oil markets shake due to American decisions!

Oil prices rose in trading on Thursday after the United States imposed a blockade on oil tankers bound for or departing from Venezuela, heightening market fears about disruptions to...
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  • Economy

Oil at its lowest level since 2021.. Gold declines after consecutive gains.

U.S. oil prices stabilized near their lowest levels since 2021, with West Texas Intermediate crude trading near $57 per barrel and Brent crude around $60, as traders assessed the...
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  • Economy

Libya presents investment opportunities to Bahrain’s GFH Financial Group.

The Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, met with Hisham Al-Rayes, CEO of the Bahrain-based GFH Financial Group, to present investment opportunities in Libya...
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  • Economy

Libya and Morocco sign deal to boost trade and investment

Libya and Morocco have signed a memorandum of understanding aimed at strengthening economic cooperation and encouraging private-sector investment. The agreement was concluded between the Zliten Chamber of Commerce, Industry...
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Limited decline in dollar prices for bonds in Libyan banks on Saturday, December 20, 2025.

Saturday, September 20, 2025, trading closed with a notable rise in the US dollar price, despite a slight decline of about two qirsh in bank instrument prices from the...
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  • Economy

The Central Bank of Libya sends 228 million dinars to boost liquidity in several cities.

The Central Bank of Libya announced the dispatch of cash shipments with a total value of 228 million Libyan dinars to a number of cities, as part of its...
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  • Economy

Exclusive: Zero Cash Succeeds in Al-Karimah… “Husni B”: We Overcame Cash and Achieved Full Electronic Payment

In a statement, Libyan businessman “Husni B” said: Following the Central Bank’s move to link all commercial banks and its three branches in the east, west, and south, along...
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  • Economy

Former Head of Maritime Transport Breaks Silence and Reveals Shocking Details

The former president of the Libyan Marine Transport Company, Khaled Al-Tawati, revealed that one of the reasons for his kidnapping and torture was to force him to drop the...
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  • Economy

The Follow-up Committee for Oversight Agencies condemns the targeting of the Anti-Corruption Authority headquarters in Janzur and considers it a threat to the national reform process.

Benghazi, December 20, 2025 – The Follow-up Committee for Oversight Agencies of the House of Representatives strongly condemned the criminal attack that targeted the headquarters of the National Anti-Corruption...
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  • Economy

Gulf Oil Expands International Partnerships to Boost Production Capacity and Develop Operations

Benghazi, December 16, 2025 – The Arabian Gulf Oil Company announced it has held a series of technical meetings with a number of global companies specializing in oil services...
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