Libya Achieves Highest Growth Rate in Africa, But Economy Remains Tied to Oil
Libya leads Africa in growth rate at 13.37%, but its economy is still largely dependent on oil production.
Libya · Desk
Reported stories, developing updates, and quick explainers from the newsroom
Libya leads Africa in growth rate at 13.37%, but its economy is still largely dependent on oil production.
Libyans face three-hour waits for gas cylinders as shortage drives prices to 120 dinars, amid supply issues from the National Oil Corporation.
Saudi-led coalition intercepts and destroys two drones in Riyadh, amid escalating tensions in the region
Iran's Foreign Minister Abbas Araghchi says Tehran is engaged in intense indirect talks with the US through Qatar and Pakistan.
Jordanian King Abdullah II warns that Israeli expansionism poses a significant threat to regional stability and security.
Libya's Ministry of Finance has prepared and submitted a draft law to unify salaries for public sector employees, which is set to take effect on January 1, 2027.
Iran's President Masoud Pezeshkian says the country's Supreme Leader has granted the government new powers to negotiate with the US.
Libyan economic expert Dr. Ali Sharif criticizes proposed salary scale, saying it doesn't reflect economic reality.
Libya's national mini football team defeated Indonesia 14-0 in their World Championship opener in Antalya, Turkey.
Jordan's King Abdullah II says no security or stability in the Middle East without fulfilling Palestinian rights to their land.
Libya's economic crisis deepens as 42% of its population lives below the poverty line, with experts warning that the country's reliance on oil revenue and lack of economic diversification...
A prolonged teacher strike in Libya has left over 1.5 million students without access to education, sparking concerns among parents and students about the impact on their academic year.