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Libya Devalues Dinar by 14.7% Amid Falling Oil Revenues and Fiscal Strain
Libya’s central bank devalued the dinar by 14.7%, citing declining oil revenues and mounting economic pressures. The decision followed deliberations at the bank’s first board meeting of 2026, held last week, and was based on recommendations from the Monetary Policy Committee. Following the adjustment, the exchange rate was set at 0.1150 Special Drawing Rights (SDR) […]
EU, GCC commend Al Quds Committee’s efforts in preserving historical & legal status of Al-Quds & its Holy sites
The tireless efforts engaged by Al Quds Committee, chaired by King Mohammed VI, for preserving the historical and legal status of Al Quds and its Holy sites have been recognized by the foreign ministers of the Gulf Cooperation Council (GCC) and the European Union. In a statement issued Monday following their 29th joint meeting held […]



