China launches the world’s first «smart oil tanker.»
China has launched the world’s first intelligent crude oil tanker powered by methanol, named «Kaito,» in the city of Dalian in Liaoning province, northeast China. The vessel is approximately 333 meters long and has a capacity to transport about 2.1 million barrels of crude oil, making it one of the largest oil tankers in the […]
China escalates trade dispute: tariffs imposed on European products!
China’s Ministry of Commerce announced on Monday its intention to impose preliminary anti-dumping duties of up to 42.7% on imports of certain dairy products from the European Union. These duties are set to take effect starting Tuesday, December 23, 2025. The decision follows an official investigation launched by China into potential dumping of European dairy […]
Continuous rise in dollar prices in Libyan banks on Monday, December 22, 2025.
Monday, September 22, 2025, trading concluded with a continued rise in the US dollar price, recording a slight increase in bank check prices of about 4 qirsh compared to the previous close, keeping prices stable near the 10 dinar barrier in most banks. Below are the US dollar prices against the Libyan dinar in checks […]
The Central Bank clarifies the situation regarding cash distribution through its branches today.
Tripoli – The Republic Bank announced the continuation of cash distribution operations across all its branches today, Monday, December 22, 2025. This is part of the approved arrangements to meet customer needs and ensure service fluidity. The bank confirmed that ATM machines are available to serve customers and are under continuous monitoring to ensure their […]
New change: Foreign currency exchange rates rise against the dinar in the parallel market (Monday, December 22, 2025)
Here is a report on the latest exchange rates for the US dollar and foreign currencies against the Libyan dinar in today’s transactions, Monday, December 22, 2025, according to figures from the black market. The following report presents the daily updated prices of foreign and Arab currencies, gold, silver, and checks against the Libyan dinar […]
Libya tops the list of importers of used Korean cars over 11 months.
Data from the Korean Ministry of Trade, Industry and Energy showed that Libya ranked first among importers of used South Korean cars during the period from January to November of last year, acquiring approximately 119,000 vehicles. Kyrgyzstan came in second place with 104,000 cars, followed by Turkey with 93,000 cars, then the UAE with 45,000 […]
CBL launches fifth unrestricted Mudaraba Deposit Certificate issue
The Central Bank of Libya has opened subscriptions for its fifth issuance of unrestricted Mudaraba Deposit Certificates, the bank announced on Monday. Subscriptions for the new certificates will begin on 30 December 2025, under the same procedures used in previous issuances. Three types of certificates are being offered: a 91-day certificate worth 100,000 Libyan dinars […]
EU supports Libya’s economic reform efforts in discussions with Central Bank head.
The Governor of Libya’s Central Bank has discussed efforts to stabilize the country’s economy with the European Union’s Ambassador to Libya, according to a post on social media platform X. The talks reportedly focused on supporting economic reforms aimed at expanding trade and investment between Libya and Europe. It was added that the Central Bank […]
Central Bank warns of increased activity by unlicensed exchange offices
The Central Bank of Libya has warned about the growing activity of unlicensed currency exchange offices in the parallel market. In a letter sent to the Prime Minister of the Government of National Unity, the Head of Internal Security, and the Municipal Guard, the bank highlighted a significant increase in the trading of foreign currencies […]
World Bank: Strong recovery of Libyan economy driven by oil sector rebound
The World Bank stated that the Libyan economy experienced a strong recovery during the first nine months of 2025, driven by a rebound and expansion in the oil sector. However, it emphasized that the sustainability of this performance remains dependent on continuing reforms aimed at enhancing transparency and accountability and improving the quality of public […]