CBL comes in for more criticism from Grand Mufti – accuses it of usury
Nov 11 Sami Zaptia

CBL comes in for more criticism from Grand Mufti – accuses it of usury

As the exchange rate for the Libyan dinar reaches 7.79 against the US dollar in the black-market, making a mockery of the vow by Naji Issa, the Govern...

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Libya has wealth but does not have an economic system: LBC Chairman
Nov 7 Sami Zaptia

Libya has wealth but does not have an economic system: LBC Chairman

The head of the Libyan Business Council (LBC), Rashid Swani, told Al Jazeera Channel that while Libya possesses wealth, it lacks a genuine economic ba...

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Libya’s current political division imposes challenges for implementing reforms: CBL Governor Issa
Nov 5 Sami Zaptia

Libya’s current political division imposes challenges for implementing reforms: CBL Governor Issa

Speaking yesterday at the opening of the ‘‘Banking Investment and its Role in Promoting Economic Development’’ conference, organized by the Central Ba...

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At banking conference: Aldabaiba announces five main points to rebuild the economy
Nov 4 Sami Zaptia

At banking conference: Aldabaiba announces five main points to rebuild the economy

Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba, participated today in the ''Banking Investment and its Role in Promoting Economic Developme...

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Electronic Payment Forum and Exhibition to be held in Benghazi from 20 to 21 December
Nov 4 Sami Zaptia

Electronic Payment Forum and Exhibition to be held in Benghazi from 20 to 21 December

Benghazi Chamber of Commerce held a press conference yesterday at its city headquarters to announce the launch of the Libya Forum and Exhibition for E...

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Misrata Chamber objects to CBL reneging on agreement reached at 28 October meeting postponing Decision 42/2025 prohibiting imports without official banking transactions
Nov 3 Sami Zaptia

Misrata Chamber objects to CBL reneging on agreement reached at 28 October meeting postponing Decision 42/2025 prohibiting imports without official banking transactions

Misrata Chamber of Commerce issued a statement today objecting to the Central Bank of Libya (CBL) reneging on its agreement reached at their joint 28...

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PM Aldabaiba discusses commodity budget and mechanisms for implementing documentary credits
Oct 31 Sami Zaptia

PM Aldabaiba discusses commodity budget and mechanisms for implementing documentary credits

Prime Minister Abd Alhamid Aldabaiba held a meeting at the Prime Minister's Office last Tuesday (28 October) to follow up on the work of the Ministry...

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Tripoli government relents to pressure from small business – suspends decision 42/2025 restricting imports to those paid for by banking transactions
Oct 31 Sami Zaptia

Tripoli government relents to pressure from small business – suspends decision 42/2025 restricting imports to those paid for by banking transactions

Further to recent meetings and demonstrations by small importers in Misrata and Tripoli, and their meeting with Naji Issa, the Governor of the Central...

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PM’s Financial Advisor Shahoubi holds meeting on lack of banking facilities for small importers - Tripoli Chamber calls for suspension of 42/2025
Oct 30 Sami Zaptia

PM’s Financial Advisor Shahoubi holds meeting on lack of banking facilities for small importers - Tripoli Chamber calls for suspension of 42/2025

Further to recent meetings and demonstrations by small importers in Misrata and Tripoli, and their meeting with Naji Issa, the Governor of the Central...

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CBL meets protesting small importers – makes banking concessions to facilitate easier import of goods
Oct 29 Sami Zaptia

CBL meets protesting small importers – makes banking concessions to facilitate easier import of goods

Central Bank of Libya (CBL) Governor, Naji Issa, relented to the accumulating pressure from small importers by meeting them yesterday after they had h...

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