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 their passport system two days ago, which had temporarily disrupted their entry into Libya. Local sources had earlier confirmed a malfunction in the foreign passport system […]
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 tankers to and from Venezuela, leading to the continued disruption of the bulk of the country’s oil exports. The price of U.S. West Texas Intermediate crude […]
Digital currencies are challenging banks for the throne of money.
Digital currencies are no longer a marginal sector that can be ignored or ridiculed. According to an analysis, they have transformed into a financial and political force that now threatens the historical position of banks within the US financial system, and even within the Republican Party itself. The report begins by recalling the saying often […]
Oil continues to rise as uncertainty grows due to Trump’s blockade of Venezuela.
Oil prices continued to rise during trading on Wednesday, increasing by more than 2% after the decision to impose a «full and comprehensive» blockade on all sanctioned oil tankers entering and leaving Venezuela, which escalated geopolitical tensions amid demand concerns. Futures contracts increased by 2.4%, reaching $60.3 per barrel by 11:30 GMT. U.S. West Texas […]
Trump: America will achieve unparalleled economic prosperity in 2026.
In a national address from the White House, U.S. President Donald Trump said the United States will achieve «an economic prosperity the world has never seen before.» While opinion polls show growing dissatisfaction among Americans with his economic policies, Trump also used this primetime address to attack his Democratic predecessor, Joe Biden, and to denounce […]
Gold prices stabilize after release of US employment data.
Gold prices stabilized after five consecutive days of gains, as investors try to digest the latest economic data which showed a continued slowdown in the US job market, while extending its losses. Data from the Bureau of Labor Statistics, released yesterday, Tuesday, showed weak job growth in the United States in November, with the unemployment […]
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 the sector. The regulation aims to protect workers and equipment and reduce operational risks. The NOC stated: «The Chairman and members of the Board of Directors […]
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 he is waging against Caracas. Trump wrote on his platform «Truth Social» days after U.S. forces seized an oil tanker off the Venezuelan coast: «Today, I […]
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 buying and 12.63 EGP for selling. The average exchange rate at the Central Bank of Egypt was 12.52 EGP for buying and 12.66 EGP for selling. […]
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 part of a broader plan to activate and strengthen the role of currency exchange companies within the Libyan market. The statement noted that, following earlier announcements […]