Libya’s long-running political and economic divisions have entered a new phase of tension after Osama Hammad, prime minister of the eastern-based government appointed by the House of Representatives, ordered a …
The Libyan dinar continued to trade under pressure on Thursday, August 14, 2025, with black market rates showing slight fluctuations across key cities. According to updates from The Libyan Scene …
Egypt’s Prime Minister Mostafa Madbouly has defended his government’s decision to offer unused state-owned lands for investment in partnership with the private sector, insisting that the initiative is about unlocking …
Egypt and China have sealed a landmark $1 billion agreement to establish a major tire manufacturing facility in the Suez Canal Economic Zone (SCZONE), a move aimed at boosting Egypt’s …
Egypt has taken a big step to ease the tax burden on small and micro-enterprises by making its simplified tax system a permanent feature of the country’s business environment. The …
The National Oil Corporation (NOC), Libya’s state-owned body in charge of managing and regulating the country’s vital oil and gas sector, has released new figures showing steady production levels for …
Brega Oil Marketing Company, one of Libya’s key fuel and gas suppliers, has announced new measures to make the distribution of domestic gas cylinders more efficient in the western and …
Egypt has entered into a major $1 billion agreement with China’s Sailun Group to build a large automotive tire manufacturing plant in the Suez Canal Economic Zone. The deal, announced …
Egypt’s Ministry of Housing has announced the start of official steps to implement the new “old rent” law, with a focus on Article 8, which defines the rights and responsibilities …
The Central Bank of Libya (CBL) has announced fresh regulations for depositing foreign currency cash into bank accounts, a move the authorities say is aimed at improving transparency, strengthening financial …