Libya’s central bank devalued the dinar by 13% as the divided OPEC member grapples with a decline in crude revenue that a ...

The move seeks to create balance in the economy amid high demand for foreign exchange, while supporting the dinar with reserves is unsustainable, it said. The bank put oil revenue at $5.2 billion for ...

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials ...

‎The Acting Chairman of Libya’s National Oil Corporation (NOC), Masoud Suleiman Mousa, launched the Third Phase of the Public ...

April 9, 2025: In January Tripoli prison warden Osama Al-Masri Njeem was arrested and jailed while visiting Italy to watch Juventus play football. Two days later Al-Masri was released and flown back ...

The Central Bank of Libya (CBL) devalued the dinar on April 6 as declining oil revenues and spending by the country’s two ...

The Central Bank of Libya’s recent decision to devalue the dinar by 13.3% and tighten access to foreign currency is being ...

Libya will offer investors new and attractive terms in its first bid round in over 17 years. The country's top officials in the oil sector told a Libya Bid Round Roadshow held in London on Sunday. New ...

A new piece of legislation, known as the 'CEMAC Act,' is drawing attention to the management of foreign reserves in Central Africa’s six CFA countries—Cameroon, Gabon, Chad, Congo, Central African ...

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