Hundreds of people in Beirut have taken to the streets to protest deteriorating economic conditions and the high cost of living, which prompted the central bank to issue a new measure aimed at easing the currency crisis.
Despite an economic downturn and the freezing of Libyan state funds since 2011, investors in the country are attempting to find new avenues of opportunity across Africa by building bridges with other countries.
In Lebanon, attempts to form a government have been deadlocked since Hezbollah and its allies have secured a cabinet majority. Prime Minister Saad al-Hariri heads into the fall all but powerless to address the economic decline.
Presidential Council member Fathi al-Mijibri announced that the Presidential Council and the Central Bank of Libya have agreed on economic reforms that would fix the prices of fuel and foreign currency exchange rates in the market.