The Central Bank of Libya warns of an international financial blockade on Libya and demands that Dbeibah issue an urgent decision.
The Governor of the Central Bank of Libya has sent a letter to the head of the Government of National Unity, urgently calling for intervention to issue a decision prohibiting imports without bank transfers starting from the beginning of next January. He warned of catastrophic repercussions for the economy and citizens if the current situation […]
Exclusive: Central Bank Sends Multiple Communications to Unity Government and Security Agencies to Raise Dinar Value, Lower Prices, and Ensure Liquidity
The Central Bank of Libya’s governor has sent correspondence to the head of the Government of National Unity, the Internal Security Agency, and the Interior Ministry, ordering the closure of unlicensed exchange offices operating without permits. The correspondence also calls on Prime Minister Dbeibah to direct the Ministry of Economy to issue a decision prohibiting […]
Brent crude declines as global supply concerns ease.
Title Oil prices fell during trading on Friday, heading for losses for the second consecutive week, as concerns over global supply eased amid growing hopes for a possible political settlement to the war between Russia and Ukraine. Brent crude futures fell by about 0.2% to $59.70 per barrel, while US West Texas Intermediate crude declined […]
New change: Foreign currency exchange rates against the dinar in the parallel market (Friday, December 19, 2025)
Here is a report on the latest exchange rates for the US dollar and foreign currencies against the Libyan dinar in today’s Friday, December 19, 2025 transactions, according to figures from the black market. The following report presents the daily updated prices of foreign and Arab currencies, gold, silver, and bonds against the Libyan dinar […]
Lebanon announces a draft law to distribute financial losses among the state, banks, and depositors.
Lebanese Prime Minister Nawaf Salam announced a long-awaited draft law, demanded by the international community, to distribute financial losses between the state, banks, and depositors affected by the country’s economic collapse since 2019. In an address to the Lebanese people broadcast on television on Friday evening, Salam stated that this project constitutes a roadmap for […]
EU reaches agreement to support Ukraine with 90 billion euros over two years
The President of the European Council announced that EU leaders reached an agreement during their summit in Brussels on Thursday night into Friday to provide 90 billion euros in support to Ukraine over the next two years. The President of the European Council stated in a post on the platform ‘X’: «We have reached an […]
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 global supplies. U.S. West Texas Intermediate crude futures for January delivery rose 0.98 percent to $56.50 per barrel, while global benchmark Brent crude futures for February […]
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 prospects for a ceasefire in Ukraine, which could ease restrictions on Russian oil exports and increase global supply. The American president reported that reaching an agreement […]
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 and discuss ways to support national projects across various economic sectors. The aim is to boost development and strengthen the national economy. The meeting, held at […]
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 and Agriculture and the Tangier–Tetouan Chamber of Commerce, Industry and Services. It includes measures to facilitate business visas, organise joint trade fairs, and expand the exchange […]