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The United States and Saudi Arabia have signed a landmark agreement allowing Riyadh to develop a civilian nuclear energy programme, opening the door for major US investment in the kingdom’s nuclear sector. The deal includes nuclear safeguards and is presented as a peaceful energy partnership, but reports suggest it could eventually allow Saudi Arabia to enrich uranium domestically — a move that has raised concerns over possible nuclear proliferation in the Middle East. Saudi officials say the agreement expands existing energy cooperation, while US officials insist it will follow strict…

The US has decided not to automatically extend its trade agreement with Mexico and Canada (USMCA) for another 16 years. A US official said the deal wouldn’t be renewed as-is until outstanding p…

INVESTMENTS & CONSTRUCTION

BENGHAZI – Field Marshal Khalifa Haftar, Commander-in-Chief of the Libyan National Army, received Naguib Sawiris, Chairman of the Board of Directors of Orascom Investment Holding, at the General Command headquarters in Benghazi. The meeting was attended by Dr. Jibril al-Badri, Head of the National Development Authority. Discussions focused on investment opportunities in Libya and the […]

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LOCAL NEWS


The International Organization for Migration (IOM) has identified 943,748 migrants across Libya during its March-April 2026 assessment, highlighting the country’s continued role as a major destination and transit hub despite ongoing challenges. According to the IOM’s Displacement Tracking Matrix (DTM) Round 62, migrants were recorded in 100 municipalities and 641 communities nationwide. Western L…

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TRIPOLI
BENGHAZI

SABHĀ

National Development Authority Signs Contract for Sirte Fuel Depot Project as Part of Strategic Energy Plans
The Director General of the National Development Authority, Dr. Mahmoud Al-Farjani, has signed the contract for the implementation of the Sirte Fuel…
National Development Agency Signs Contract with Turkey’s DEHA TECH for Sirte Fuel Depot Project
The National Development Agency (NDA) has signed a contract with Turkish company DEHA TECH for the implementation of the Sirte Fuel Depot Project, ma…
National Development Authority Conducts Field Visit to Agricultural Projects in Wadi Ittaba to Strengthen Food Security in Southern Libya
As part of efforts to strengthen the agricultural sector and enhance food security in southern Libya, the Agricultural Projects Department of the Nat…
Progress Continues on Al-Shaoush Ghribal International Stadium Project in Sabha Under National Development Authority
The city of Sabha is witnessing steady progress in the implementation of the Al-Shaoush Ghribal International Stadium project, carried out by the Nat…
Sabha International Airport Undergoes Major Transformation Under Eastern Region Government Development Plan
The Eastern Region Government is overseeing a transformation of Sabha International Airport, bringing long-overdue development to one of Libya’s most…
BENGHAZI – The RBCS (Reconstruction Committee for Sabri and Central Benghazi) is a local body responsible for managing and coordinating reconstruction and development projects in these areas of Benghazi.
It has opened registration for suppliers, contractors, consultants, manufacturers, and service providers, both local and international, to participat…
Central Oncology Hospital Project Launched in Sabha
As part of ongoing development efforts, a new Central Oncology Hospital project has been launched in the city of Sabha by the National Development Ag…

The National Development Authority, key development institution under Eastern region government , has announced plans to build Libya’s first skyscraper in the Jalyana district of Benghazi. The p…
Libyan BUSINESMEN ELITES JOIN TO BOOST ECONMY

Benghazi Brings Together Business Leaders to Support Investment and Development Phase.

BENGHAZI – The Libyan Development and Reconstruction Fund, a key development institution under Eastern region government, hosted the Libyan Businessmen’s Forum for Development and Reconstruction in Benghazi, bringing together business leaders, investors, and representatives of companies and institutions from across Libya in a first-of-its-kind economic platform. The forum focused on investment opportunities, partnerships, and the […]

Long way out of recession

BENGHAZI – The Libyan Development and Reconstruction Fund, a key development institution under Eastern region government, hosted the Libyan Businessmen’s Forum for Development and Reconstruction in Benghazi, bringing together business leaders, investors, and representatives of companies and institutions from across Libya in a first-of-its-kind economic platform. The forum focused on investment opportunities, partnerships, and the […]

Currency Exchange Rate

Black Market RateBuyingSelling
8.47 LYD

8.53 LYD

10.95 LYD

11.00 LYD

9.68 LYD

9.71 LYD

OFFICAL BANK RATEBuyingSelling
6.40 LYD

6.43 LYD

8.44 LYD

8.48 LYD

7.27 LYD

7.31 LYD


TECHNOLOGY


Apple iPhone 17 Rumors Point to Bigger AI Push and Camera Upgrades

Apple is preparing for its next iPhone cycle, with early reports suggesting the iPhone 17 series will focus heavily on artificial intelligence features and camera improvements. The company is expected to deepen its AI integration across iOS, potentially improving on-device processing for tasks like writing assistance, photo editing, and personal automation.

Ahmed Abdulrahem

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