Economy

Libya’s Central Bank has announced a 14.7% devaluation of the Libyan dinar, a move aimed at addressing mounting economic pressures...

Libya’s Economy Minister Mohamed Al-Hwaij said more than 30 percent of Libyan citizens are now living below the international poverty...

Eni North Africa and its partners have launched drilling operations for their first deepwater exploration well in Libya’s Gulf of...

Libya’s Ministry of Economy and Trade Mohamed Al-Hwaij has announced a comprehensive strategy aimed at protecting consumers, stabilising prices and...

Libya’s oil revenues reached $1.349 billion during December, according to a statement issued by the Central Bank of Libya, reflecting...

Libya recorded total public revenues exceeding 174 billion dinars during the 2024 fiscal year, according to official data released by...

Libya’s Central Bank said oil revenues transferred to its accounts reached about $671 million between the start of December and...

Libya’s Central Bank announced it sold $2.1 billion in foreign currency during the first half of December, highlighting ongoing efforts...

Libya is experiencing a rapid surge in food and pharmaceutical prices, with increases reaching up to 25%, alongside a sharp...

The US dollar continued its upward trajectory in Libya’s parallel market, reaching new highs and deepening concerns over currency stability...