Libya’s oil reserves and reforms draw investors despite risks.
It has been reported that Libya’s vast fossil fuel potential, alongside what are described as investment-friendly reforms, has begun to attract the interest of major global energy companies, despite ongoing political risks and security challenges in the country. According to a report from an energy consultancy, Libya’s latest licensing round includes 22 exploration blocks containing […]
Commercial bank violates central bank directives and demands foreign currency for card loading.
Tripoli – The Trade and Development Bank has issued a directive to all its branches requiring clients to deposit the value for card top-ups in foreign currency in cash, rather than via electronic payment, a move that has sparked widespread debate in banking circles. This decision contradicts the directives of the Central Bank of Libya, […]
Gold prices rise in Libya during Monday trading on December 22, 2025.
Gold Price 🟡 During Monday’s Trading ⬆️ Note: Price per gram in Libyan Dinar ⚖️ Prices may vary from one place to another 💱 Price per gram at sale 💰 Last update at 4:05 PM ⏰️ Cash prices 💰 18K gold scrap = 885 LYD 21K gold scrap = 1030 LYD 22K gold scrap = […]
Rise in bond prices at commercial banks in Monday’s trading on December 22, 2025.
Below are the bond dollar exchange rates at some commercial banks during today’s Monday, December 22, 2025, parallel market trading, as reported by specialized price pages on social media: Bond prices at a number of commercial banks (prices as of 15:30): – Republic Bank/Tripoli bond dollar price: Sell 9.80 dinars. – Commerce and Development Bank/Tripoli […]
Head of Oil Foundation Meets with Management of Gulf, Al-Jawf, and National Construction Companies.
Tripoli, December 22, 2025 — The head of the Oil Corporation met on Sunday at the Corporation’s headquarters in Tripoli with officials from the Gulf, Al-Jouf, and National Construction companies. This meeting marked the opening of the general assembly meetings for the Corporation’s subsidiary companies, attended by the Corporation’s board of directors, general managers, department […]
Ministerial meeting discusses draft indicative import budget for 2026.
Tripoli, December 18, 2025 — An expanded ministerial meeting was held at the headquarters of the Ministry of Economy and Trade. The meeting brought together the Minister of Economy and Trade and the Minister of Planning to discuss the draft indicative import budget for the state for the year 2026. The meeting, which was attended […]
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 well A-46 with a production capacity of 3,750 barrels of oil per day. According to the company, this achievement comes within the framework of implementing the […]
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 Yemen. This step aims to supply farms with water and replenish artesian wells, according to a field survey. The Marib Dam holds an estimated 4 million […]
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. A series of data last week showed declines in the US labor market and a slowdown in inflation, making it likely the US central bank will […]
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 French government of obstructing an investigation into Airbus’s activities in China that could benefit the Chinese military. In the United States, a House committee has been […]