News

Economy & Finance · 9 Sep 2026 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 Oil & Energy · 9 Sep 2026 Brent crude surges past $100 a barrel for first time since May as Middle East conflict escalates The global oil benchmark jumps more than 6 per cent in a single session, its highest level in over three months, as the war between the United States… 1 min read Oil & Energy · 9 Sep 2026 Bank of America warns oil could hit $150 a barrel if US-Iran war drags on Tehran vows retaliation will continue as Washington says it destroyed three Iranian oil tankers, while Hormuz traffic remains thin and European gas pr… 1 min read News · 4 Sep 2026 University of Benghazi reopens a decade after war damage The university reopened this evening with its faculties and facilities fully restored, a decade after extremist groups devastated the campus during Be… 1 min read News · 4 Sep 2026 Economy minister represents Libya at Arab League economic council session Suhail Abu Shiha attended the 118th session of the Arab Economic and Social Council, which addressed Palestinian economic support, food security and d… 1 min read Oil & Energy · 4 Sep 2026 Brega launches 24-hour operations room to handle fuel complaints Brega Oil Marketing Company said the new operations room will track reports on fuel shortages, station closures and overcrowding as part of efforts to… 1 min read News · 3 Sep 2026 Saied and Menfi discuss cross-border trade and Tunisia-Libya ties Tunisian President Kais Saied and Presidential Council chief Mohamed Al-Menfi discussed easing the movement of people and goods across border crossing… 1 min read Economy & Finance · 3 Sep 2026 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 · 3 Sep 2026 Suspected drone strikes Tripoli fuel depot, Brega condemns attack Brega Oil Marketing Company said no injuries were reported after a suspected drone entered the depot's airspace and crashed near a fuel tank, adding t… 1 min read News · 2 Sep 2026 Central Bank to host fifth Arab conference on savings and financial literacy in Tripoli The three-day conference, themed "Tripoli, Capital of Financial Literacy," will bring together central bank officials, financial institutions and rese… 1 min read Oil & Energy · 2 Sep 2026 Libya shuts 490 petrol stations over fuel-smuggling as interior minister vows crackdown Interior Minister Emad Al-Trabelsi said tackling Libya's fuel crisis requires coordination across government, security agencies and oil companies, as… 1 min read Economy & Finance · 2 Sep 2026 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