Libya's central bank devalued the dinar by 13.3% on Sunday, setting the official rate at 5.57 to the dollar—the first adjustment since 2020, Reuters reports. The move comes amid ongoing economic instability, with the black market rate at 7.20. Public debt stands at 270 billion dinars, projected to exceed 330 billion by end-2025 in the absence of a unified budget, according to the bank.
Libya is set to offer 22 onshore and offshore blocks for oil exploration and development in its largest bidding round
A French court sentenced Mohamed Medjdoub, a 29-year-old Algerian ISIS supporter, to life in prison for a 2019 bomb attack
Tens of thousands marched in Rabat on Sunday in the largest pro-Palestinian rally in months, according to AFP. Organized by
France’s Foreign Minister Jean-Noël Barrot called for a “new phase” in relations with Algeria following a meeting with President
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