Economy

Economy

EU summit fails to seize Russian assets.

The European Union summit in Brussels, which began on December 18, concluded without reaching a decision on seizing frozen Russian assets. Global media described this move as a “failure,...

Economy

Prices of the dollar, euro, pound, and gold at the close of the parallel market on December 20, 2025

Saturday, December 20, 2025, trading in the parallel market concluded with a continued rise for the US dollar against the Libyan dinar, closing in Tripoli at 8.58 dinars. In...

Economy

New health crisis drives up poultry prices in Libyan markets.

The Ministry of Agriculture and Livestock of the government mandated by the House of Representatives announced it is monitoring cases of poultry flock deaths in Benghazi and a number...

Economy

The General Electricity Company explains the reasons for the power outage in Tobruk.

The Tobruk Distribution Department of the General Electricity Company announced that the partial power outage and collapse of the electrical grid in the city of Tobruk is due to...

Economy

New change: Foreign currency exchange rates rise against the dinar in the parallel market (Saturday, December 20, 2025)

Here is a report on the latest exchange rates for the US dollar and foreign currencies against the Libyan dinar in today’s trading, Saturday, December 20, 2025, according to...

Economy

Changes in fish and seafood prices today, Saturday, December 20, 2025, in Libya.

We publish the prices of fish and seafood in Libya today, Monday, December 8, 2025, according to the daily price bulletin. The prices shown in the table represent the...

Economy

Akakus Company successfully drills and brings well A-46 into production

Akakus Oil Company announced the successful drilling and commissioning of Well A-46, achieving a daily production capacity of 3,750 barrels of oil. The company stated that this achievement reflects...

Economy

Libya to assume presidency of OAPEC Council of Ministers and its Executive Bureau in January

Libya will assume the presidency of the upcoming session of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), as well as the organization’s Executive...

Economy

After the technical disruption… updates on the movement of Libyans and foreigners through the Ras Ajdir crossing.

The Ras Jdir border crossing platform reported that the crossing will resume receiving foreign travelers within the coming hours. This follows the repair of a technical malfunction that affected...

Economy

Oil prices rise as Washington imposes sanctions on Venezuelan exports.

Title Oil prices recorded a noticeable rise during Asian trading on Thursday, driven by the announcement from U.S. President Donald Trump imposing a blockade on the movement of oil...