Details of the new military salary increase schedule law before the Libyan Parliament.
Tripoli – The Deputy Commander of the General Command, Lieutenant General Saddam Haftar, has referred a draft law to the House of Representatives proposing amendments to the salary scale for members of the armed forces. The draft includes a 150% increase in salaries for martyrs, prisoners of war, missing persons, and those wounded in military […]
Rise in bond prices at commercial banks in Tuesday’s trading on December 23, 2025
Below are the bond dollar exchange rates at some commercial banks during today’s Tuesday, December 23, 2025, parallel market trading, as reported by specialized price pages on social media: Bond rates at a number of commercial banks (prices as of 15:30): – Republic Bank/Tripoli bond dollar rate: Sell 9.81 dinars. – Commerce and Development Bank/Tripoli […]
Trade and Development Bank notifies its customers of Central Bank of Libya’s instructions.
The Trade and Development Bank notifies its customers of the Central Bank of Libya’s instructions regarding loading international electronic payment cards (in foreign currency) against cash deposit only Trade and Development Bank The Trade and Development Bank (TDB) is a multilateral, treaty-based financial institution founded in 1985 to foster trade, regional economic integration, and sustainable […]
America postpones imposing tariffs on Chinese chips until 2027.
The United States announced on Tuesday that it will impose tariffs on chip imports from China, in response to Beijing’s «unreasonable» pursuit of dominance in the electronic chip industry. However, it will delay this measure until June 2027. According to a statement, the tariff value will be announced at least 30 days prior to implementation. […]
IMF and Egypt Agree on Two Reviews Regarding Lending Program
The International Monetary Fund announced on Tuesday that it has reached a staff-level agreement with Egypt regarding the combined fifth and sixth reviews under the Extended Fund Facility (a long-term financing program supporting structural reforms). This could potentially unlock a disbursement of $2.5 billion under the program. The Fund merged the fifth and sixth reviews […]
How did Trump’s tariffs change the global trade landscape in 2025?
The tariffs announced by the U.S. President in April of this year, on what he termed «Liberation Day,» unleashed a broad wave of changes in the global trade landscape, affecting the United States’ major trading partners and resulting in new trade agreements with them. Trump’s trade policies, and the global reaction to them, are expected […]
Strong growth for the U.S. economy in the third quarter… Trump sees it as a result of his policies.
The United States achieved strong growth in the third quarter of this year, with its rate rising to 4.3% according to a report published on Tuesday. President Donald Trump was quick to consider it proof that his policies are bearing fruit. Analysts had been expecting a slowdown in economic activity, anticipating that GDP growth would […]
Italy fines Ryanair $300 million for exploiting its dominance in the travel market.
Italy’s competition authority announced on Tuesday that it has imposed a fine exceeding 255 million euros (300 million dollars) on the low-cost airline Ryanair, accusing it of exploiting its dominance to prevent travel agencies from accessing its services. This move comes one day after an antitrust authority imposed a 98 million euro fine on the […]
For the fiftieth time in 2025, gold rises to a new record level.
Gold prices rose to a new record high in trading on Tuesday, marking the 50th day this year that records have been broken. This comes amid escalating geopolitical tensions and expectations of a new cut in US interest rates. Spot gold prices jumped approximately 1.2%, touching $4,500 per ounce, extending gains after the largest single-day […]
Liquefied natural gas exports from Russia to China hit record highs in November.
Russia’s liquefied natural gas (LNG) exports to China reached record levels last November, as investors ignored the risks of Western sanctions in favor of obtaining lower-priced fuel. Shipments of super-cooled gas from Russia to China more than doubled in November compared to the previous year, reaching 1.6 million metric tons, according to Chinese customs data […]