IBOV 173,107.90 ▼ 0.15% IPSA 10,963.36 ▲ 0.61% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,294,537 ▲ 2.20% COLCAP 2,319.30 ▲ 0.91% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.38% USD/MXN17.39▼ 0.22% USD/CLP933.93▼ 0.06% USD/COP3,223▼ 1.39% USD/PEN3.39▲ 0.09% USD/ARS1,478▼ 0.27% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 1.28% BRENT 91.39 ▲ 2.43% WTI 84.63 ▲ 1.68% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.64% GOLD 4,090 ▲ 1.97% SILVER 59.09 ▲ 4.03% SOY 1,222 ▼ 0.31% CORN 475.25 ▲ 5.73% WHEAT 678.50 ▲ 0.67% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 142.30 ▼ 3.46% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.09 ▲ 3.24% PETR4 41.67 ▲ 1.26% VALE3 72.27 ▲ 0.47% ITUB4 42.53 ▲ 0.54% BBDC4 18.59 ▲ 0.98% ABEV3 15.84 ▲ 0.32% BBAS3 20.78 ▲ 3.02% B3SA3 15.12 ▼ 0.92% WEGE3 42.63 ▼ 1.16% PRIO3 58.41 ▲ 1.25% SUZB3 41.70 ▼ 0.45% RENT3 36.57 ▼ 2.45% AZZA3 17.50 ▼ 3.69% CSAN3 3.79 ▼ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▲ 4.62% GMAT3 3.82 ▼ 0.78% PSSA3 53.31 ▼ 1.64% CVCB3 1.14 ▲ 5.56% POSI3 3.73 ▲ 0.81% SLCE3 13.65 ▲ 0.59% NATU3 8.71 ▲ 0.93% BRKM5 5.76 ▼ 3.03% RANI3 7.90 ▼ 1.13% CSNA3 5.05 ▼ 0.39% CMIN3 5.55 ▲ 2.97% USIM5 8.45 ▲ 3.55% GGBR4 23.46 ▼ 0.68% ENEV3 25.42 ▼ 0.90% CPFE3 46.71 ▲ 0.84% CMIG4 11.05 ▲ 0.27% EQTL3 38.63 ▼ 1.68% LREN3 13.27 ▼ 0.30% VIVT3 35.74 ▲ 0.20% RAIL3 13.24 ▼ 2.43% KLABIN 17.57 ▲ 0.51% RAIA DROGASIL 18.16 ▼ 2.84% RDOR3 33.76 ▼ 4.77% HAPV3 11.23 ▼ 2.77% FLRY3 16.44 ▼ 0.72% SMTO3 15.49 ▲ 0.52% UGPA3 31.75 ▲ 0.16% VBBR3 33.88 ▼ 0.67% BBSE3 41.47 ▲ 1.02% BPAC11 55.75 ▼ 0.16% CURY3 29.84 ▼ 1.16% AERI3 2.05 ▼ 0.97% VIVARA 21.48 ▼ 2.19% COMPASS 24.40 ▼ 0.81% VAMOS 3.06 ▼ 0.97% SANB11 27.31 ▲ 1.11% ASAI3 8.21 ▲ 0.86% SBSP3 28.77 ▼ 0.72% WALMEX 49.23 ▼ 0.30% GMEXICO 208.07 ▲ 3.61% FEMSA 226.57 ▼ 0.18% CEMEX 22.04 ▲ 0.73% GFNORTE 186.21 ▲ 3.45% BIMBO 59.14 ▼ 0.61% TELEVISA 9.74 ▲ 0.31% AMX 22.77 ▲ 0.13% GAP 377.91 ▼ 0.07% ASUR 274.92 ▲ 0.20% OMA 225.68 ▼ 0.34% KOF 180.95 ▲ 0.08% GRUMA 283.31 ▼ 1.49% KIMBER 38.17 ▼ 0.57% SQM-B 64,600 ▲ 2.34% COPEC 6,380 ▲ 2.91% BSANTANDER 79.66 ▲ 4.69% FALABELLA 5,904 ▲ 0.49% ENELAM 84.67 ▲ 0.67% CENCOSUD 2,015 ▲ 1.03% CMPC 1,085 ▲ 1.76% BANCO CHILE 190.70 ▲ 2.26% LATAM AIR 24.29 ▼ 0.49% YPF 80,600 ▲ 1.77% GGAL 7,965 ▲ 1.53% PAMPA 5,495 ▲ 4.27% TXAR 675.00 ▲ 0.67% ALUAR 970.00 ▲ 1.09% TGS 9,755 ▲ 2.68% CEPU 2,353 ▲ 2.80% MIRGOR 16,825 ▼ 1.75% COME 43.10 ▲ 0.35% LOMA NEGRA 3,605 ▲ 0.91% BYMA 293.75 — 0.00% TELECOM ARG 4,215 ▲ 1.69% ECOPETROL 16.49 ▲ 2.84% BANCOLOMBIA 83.65 ▲ 3.50% GRUPO AVAL 4.99 ▲ 0.81% CREDICORP 392.21 ▲ 1.39% SOUTHERN COPPER 185.98 ▲ 6.23% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,816 ▼ 0.90% NUBANK 14.25 ▲ 1.82% XP 16.77 ▼ 0.21% PAGSEGURO 9.57 ▲ 3.01% STONE 11.31 ▲ 1.71% GLOBANT 32.04 ▼ 0.79% TECNOGLASS 45.37 ▼ 1.60% GAP AIRPORT 217.44 ▲ 0.15% ASUR 274.92 ▲ 0.20% OMA AIRPORT 103.83 ▼ 0.17% AMX ADR 26.14 ▲ 0.13% FEMSA ADR 130.31 ▲ 0.23% CEMEX ADR 12.68 ▲ 1.52% PETROBRAS ADR 18.52 ▲ 1.79% VALE ADR 14.23 ▲ 0.92% ITAU ADR 8.39 ▲ 0.78% SANTANDER BR 5.42 ▲ 0.84% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 — 0.00% GERDAU 4.64 ▼ 0.86% LATAM ADR 51.95 ▲ 0.40% BTC 66,453 ▲ 1.88% ETH 1,924 ▲ 1.07% SOL 77.93 ▲ 0.18% XRP 1.16 ▲ 4.23% BNB 572.88 ▲ 0.38% ADA 0.17 ▲ 2.37% DOGE 0.07 ▲ 1.96% AVAX 6.62 ▲ 0.67% LINK 8.62 ▲ 0.40% DOT 0.86 ▲ 3.61% LTC 47.14 ▼ 0.42% BCH 223.95 ▲ 1.84% TRX 0.33 ▲ 0.85% XLM 0.19 ▲ 2.85% HBAR 0.07 ▲ 4.49% NEAR 1.93 ▼ 2.25% ATOM 1.49 ▼ 0.47% AAVE 95.26 ▲ 6.11% SELIC 14.25% EMBRAER 82.92 ▼ 0.44% EMBRAER ADR 65.43 ▼ 0.76% JBS 11.92 ▼ 0.96% JBS BDR 60.39 ▼ 0.66% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 1.37% INTER 5.53 ▼ 1.60% EGX 53,990 ▲ 1.63% USD/ZAR16.47▼ 0.38% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY163.19▲ 0.43% USD/CNY6.77▼ 0.03% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.10% GBP/USD1.34▼ 0.48% SPX 7,508 ▲ 0.87% DJI 52,237 ▲ 0.77% NDX 29,128 ▲ 1.83% RUT 2,980 ▲ 1.27% TSX 35,289 ▲ 0.94% VIX 16.99 ▼ 8.90% USD/CAD1.41▲ 0.26% US10Y 4.6280 ▲ 0.65% IBOV 173,107.90 ▼ 0.15% IPSA 10,963.36 ▲ 0.61% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,294,537 ▲ 2.20% COLCAP 2,319.30 ▲ 0.91% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.38% USD/MXN 17.39 ▼ 0.22% USD/CLP 933.93 ▼ 0.06% USD/COP 3,223 ▼ 1.39% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,478 ▼ 0.27% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 1.28% BRENT 91.39 ▲ 2.43% WTI 84.63 ▲ 1.68% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.64% GOLD 4,090 ▲ 1.97% SILVER 59.09 ▲ 4.03% SOY 1,222 ▼ 0.31% CORN 475.25 ▲ 5.73% WHEAT 678.50 ▲ 0.67% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 142.30 ▼ 3.46% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.09 ▲ 3.24% PETR4 41.67 ▲ 1.26% VALE3 72.27 ▲ 0.47% ITUB4 42.53 ▲ 0.54% BBDC4 18.59 ▲ 0.98% ABEV3 15.84 ▲ 0.32% BBAS3 20.78 ▲ 3.02% B3SA3 15.12 ▼ 0.92% WEGE3 42.63 ▼ 1.16% PRIO3 58.41 ▲ 1.25% SUZB3 41.70 ▼ 0.45% RENT3 36.57 ▼ 2.45% AZZA3 17.50 ▼ 3.69% CSAN3 3.79 ▼ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▲ 4.62% GMAT3 3.82 ▼ 0.78% PSSA3 53.31 ▼ 1.64% CVCB3 1.14 ▲ 5.56% POSI3 3.73 ▲ 0.81% SLCE3 13.65 ▲ 0.59% NATU3 8.71 ▲ 0.93% BRKM5 5.76 ▼ 3.03% RANI3 7.90 ▼ 1.13% CSNA3 5.05 ▼ 0.39% CMIN3 5.55 ▲ 2.97% USIM5 8.45 ▲ 3.55% GGBR4 23.46 ▼ 0.68% ENEV3 25.42 ▼ 0.90% CPFE3 46.71 ▲ 0.84% CMIG4 11.05 ▲ 0.27% EQTL3 38.63 ▼ 1.68% LREN3 13.27 ▼ 0.30% VIVT3 35.74 ▲ 0.20% RAIL3 13.24 ▼ 2.43% KLABIN 17.57 ▲ 0.51% RAIA DROGASIL 18.16 ▼ 2.84% RDOR3 33.76 ▼ 4.77% HAPV3 11.23 ▼ 2.77% FLRY3 16.44 ▼ 0.72% SMTO3 15.49 ▲ 0.52% UGPA3 31.75 ▲ 0.16% VBBR3 33.88 ▼ 0.67% BBSE3 41.47 ▲ 1.02% BPAC11 55.75 ▼ 0.16% CURY3 29.84 ▼ 1.16% AERI3 2.05 ▼ 0.97% VIVARA 21.48 ▼ 2.19% COMPASS 24.40 ▼ 0.81% VAMOS 3.06 ▼ 0.97% SANB11 27.31 ▲ 1.11% ASAI3 8.21 ▲ 0.86% SBSP3 28.77 ▼ 0.72% WALMEX 49.23 ▼ 0.30% GMEXICO 208.07 ▲ 3.61% FEMSA 226.57 ▼ 0.18% CEMEX 22.04 ▲ 0.73% GFNORTE 186.21 ▲ 3.45% BIMBO 59.14 ▼ 0.61% TELEVISA 9.74 ▲ 0.31% AMX 22.77 ▲ 0.13% GAP 377.91 ▼ 0.07% ASUR 274.92 ▲ 0.20% OMA 225.68 ▼ 0.34% KOF 180.95 ▲ 0.08% GRUMA 283.31 ▼ 1.49% KIMBER 38.17 ▼ 0.57% SQM-B 64,600 ▲ 2.34% COPEC 6,380 ▲ 2.91% BSANTANDER 79.66 ▲ 4.69% FALABELLA 5,904 ▲ 0.49% ENELAM 84.67 ▲ 0.67% CENCOSUD 2,015 ▲ 1.03% CMPC 1,085 ▲ 1.76% BANCO CHILE 190.70 ▲ 2.26% LATAM AIR 24.29 ▼ 0.49% YPF 80,600 ▲ 1.77% GGAL 7,965 ▲ 1.53% PAMPA 5,495 ▲ 4.27% TXAR 675.00 ▲ 0.67% ALUAR 970.00 ▲ 1.09% TGS 9,755 ▲ 2.68% CEPU 2,353 ▲ 2.80% MIRGOR 16,825 ▼ 1.75% COME 43.10 ▲ 0.35% LOMA NEGRA 3,605 ▲ 0.91% BYMA 293.75 — 0.00% TELECOM ARG 4,215 ▲ 1.69% ECOPETROL 16.49 ▲ 2.84% BANCOLOMBIA 83.65 ▲ 3.50% GRUPO AVAL 4.99 ▲ 0.81% CREDICORP 392.21 ▲ 1.39% SOUTHERN COPPER 185.98 ▲ 6.23% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,816 ▼ 0.90% NUBANK 14.25 ▲ 1.82% XP 16.77 ▼ 0.21% PAGSEGURO 9.57 ▲ 3.01% STONE 11.31 ▲ 1.71% GLOBANT 32.04 ▼ 0.79% TECNOGLASS 45.37 ▼ 1.60% GAP AIRPORT 217.44 ▲ 0.15% ASUR 274.92 ▲ 0.20% OMA AIRPORT 103.83 ▼ 0.17% AMX ADR 26.14 ▲ 0.13% FEMSA ADR 130.31 ▲ 0.23% CEMEX ADR 12.68 ▲ 1.52% PETROBRAS ADR 18.52 ▲ 1.79% VALE ADR 14.23 ▲ 0.92% ITAU ADR 8.39 ▲ 0.78% SANTANDER BR 5.42 ▲ 0.84% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 — 0.00% GERDAU 4.64 ▼ 0.86% LATAM ADR 51.95 ▲ 0.40% BTC 66,453 ▲ 1.88% ETH 1,924 ▲ 1.07% SOL 77.93 ▲ 0.18% XRP 1.16 ▲ 4.23% BNB 572.88 ▲ 0.38% ADA 0.17 ▲ 2.37% DOGE 0.07 ▲ 1.96% AVAX 6.62 ▲ 0.67% LINK 8.62 ▲ 0.40% DOT 0.86 ▲ 3.61% LTC 47.14 ▼ 0.42% BCH 223.95 ▲ 1.84% TRX 0.33 ▲ 0.85% XLM 0.19 ▲ 2.85% HBAR 0.07 ▲ 4.49% NEAR 1.93 ▼ 2.25% ATOM 1.49 ▼ 0.47% AAVE 95.26 ▲ 6.11% SELIC 14.25% EMBRAER 82.92 ▼ 0.44% EMBRAER ADR 65.43 ▼ 0.76% JBS 11.92 ▼ 0.96% JBS BDR 60.39 ▼ 0.66% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 1.37% INTER 5.53 ▼ 1.60% EGX 53,990 ▲ 1.63% USD/ZAR 16.45 ▼ 0.25% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.17 ▲ 0.44% USD/CNY 6.7651 ▲ 0.11% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1406 ▼ 0.07% GBP/USD 1.3384 ▼ 0.31% SPX 7,508 ▲ 0.87% DJI 52,237 ▲ 0.77% NDX 29,128 ▲ 1.83% RUT 2,980 ▲ 1.27% TSX 35,289 ▲ 0.94% VIX 16.99 ▼ 8.90% USD/CAD 1.4106 ▲ 0.20% US10Y 4.6280 ▲ 0.65%
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Tuesday, July 21, 2026

Africa Middle East

Egypt and Turkey Join Forces to Tackle Libya’s Crisis: A Diplomatic Shift

By · September 16, 2024 · 2 min read

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Egypt and Turkey have recently united their efforts to address the ongoing political crisis in Libya. This marks a significant change from their previous opposing stances in the region.

Egyptian President Abdel Fattah el-Sisi’s visit to Turkey in September 2024 was a milestone in this new cooperation.

The two countries have signed over 30 agreements aimed at boosting trade to $15 billion over the next five years.

This economic collaboration has set the stage for their joint approach to the Libyan situation.

Both nations are now pressing Libya’s competing governments to reach an agreement to end the oil blockade.

Libya has faced turmoil since Muammar Gaddafi’s overthrow in 2011. The country is split between two rival governments.

Egypt and Turkey Join Forces to Tackle Libya's Crisis: A Diplomatic Shift. (Photo Internet reproduction)
Egypt and Turkey Join Forces to Tackle Libya’s Crisis: A Diplomatic Shift. (Photo Internet reproduction)
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One is the UN-recognized Government of National Unity in Tripoli. The other is the eastern-based parliament backed by Khalifa Haftar.

This divide has worsened Libya’s ongoing crisis. Both factions claim control over different parts of the country. The split has hampered efforts to stabilize Libya after years of conflict.

Turkey previously supported the western Libyan government, while Egypt backed Haftar’s forces.

A recent crisis erupted with the dismissal of central bank governor Sadiq al-Kabir, who fled to Turkey.

Al-Kabir was responsible for managing Libya’s oil revenues, which constitute over 80% of the country’s exports. In response, the eastern-based parliament suspended oil production and exports.

The instability in Libya poses significant security risks for the Mediterranean region, particularly concerning migration.

Egypt and Turkey Join Forces to Tackle Libya’s Crisis: A Diplomatic Shift

Libya’s agreements with Turkey and Italy for oil and gas exploration have also raised tensions with Greece and Egypt over maritime borders.

Despite the Egypt-Turkey cooperation, other foreign powers still maintain influence in Libya, complicating the peace process.

However, the two countries have found common ground on other regional issues, including opposition to Israel’s military campaign in Gaza.

Libya’s oil production, currently around 1 million barrels per day, is crucial for the country’s economy and European energy supply.

Turkish and Egyptian businesses are increasingly involved in reconstruction projects in Libya, particularly in areas previously controlled by opposing factions.

While this diplomatic shift offers hope for resolving the Libyan crisis, significant challenges remain.

The complex web of internal factions and external influences continues to complicate efforts to achieve lasting stability in Libya.

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