Economy & Finance

News · 1 min read Libya holds $25 million in blocked airline funds, IATA says International carriers cannot repatriate $25 million in revenue earned in Libya due to foreign-exchange restrictions, placing the country ninth global… 1 min read Article · 7 min read Libya’s Currency Crisis: Governance Failure, Letters of Credit, and the Limits of Exchange-Rate Reform Libya's dinar crisis is often discussed as if it were primarily a question of finding the correct exchange rate. That diagnosis is too narrow. The rep… 7 min read Article · 5 min read What If Banks Financed the Economy Instead of the Government? Libya's problem is not a shortage of money, but the weak direction of it — an argument for redirecting bank liquidity from government deficit financin… 5 min read Report · 2 min read Benghazi closes global planning summit with sights set on a rebuilt city The Global Competitive Urban Planning Initiative wrapped up its three-day final event in Benghazi on 8 September, with Organisers pointing to a series… 2 min read News · 1 min read Libya's long-term investment portfolio posts $1.25bn in returns for 2025, chairman says Abdulfattah Ghaffar tells CNN Business Arabic the fund manages some $13 billion in assets and is awaiting UN clearance to redeploy frozen holdings thr… 1 min read Article · 3 min read How Libya's currency exchange firms earn 3,740 dinars a day for doing almost nothing An examination of the commissions generated through Libya’s personal foreign exchange allowance scheme, and whether the public received a commensurate… 3 min read Report · 2 min read Libya's defence-salary rise triggers wave of wage demands and inflation warnings Teachers, doctors and oil-facility guards step up pressure for pay rises after a 7-billion-dinar increase for defence personnel, as economists warn of… 2 min read News · 1 min read Amal Al-Saudi becomes first woman to chair a Libyan bank Al-Saudi, a trade finance specialist with over 30 years' experience across the MENA region, was named chairwoman of United Bank for Commerce and Inves… 1 min read News · 1 min read Dollar continues to rise against Libyan dinar in parallel market The US dollar traded at 9.26 dinars in spot transactions across Tripoli, Benghazi, Zliten and Misrata on Wednesday, while bank transfers and cheques p… 1 min read News · 1 min read Gold falls to near two-week low as Fed's Warsh signals rate hikes to curb inflation Spot gold drops to $4,439.31 an ounce, and silver eases to $66.68 as Federal Reserve chairman Kevin Warsh's comments dampen demand for the metal ahead… 1 min read Article · 2 min read The September Test: Can Libya's Central Bank Fund Demand Exceeding $4 The Central Bank of Libya faces a fresh test in managing the foreign exchange market as September approaches, with estimates suggesting hard currency… 2 min read News · 1 min read Wheat, Corn Hit Three-Year Highs as Food Inflation Risks Mount Wheat and corn prices have surged to their highest levels since July 2023, with soybeans nearing a two-and-a-half-year peak, intensifying pressure on… 1 min read