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Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115
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Husni Bey

Editorial entity profile.

Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million
Jan 16 Sami Zaptia

Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million

The Libyan Customs Authority announced yesterday the detection of 11 companies that obtained Letters of Credit at the official (and lower) exchange ra...

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HoR’s 303 billion debt cancellation is necessary as the debt's negative effects have already occurred: Husni Bey
Dec 23 Sami Zaptia

HoR’s 303 billion debt cancellation is necessary as the debt's negative effects have already occurred: Husni Bey

Yesterday’s publication by the House of Representatives of a law authorizing the settlement of Libya’s public debt up to 2025 —estimated at 303.4 bill...

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Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul
Dec 9 Sami Zaptia

Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul

The 6th Annual Libyan Banking Sector Development Forum (SDF) held in Tunis from 7 to 8 December concluded optimistically yesterday with a set of stron...

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Rethinking the Central Bank’s Policy: Why Weekly Dollar Auctions Are the Key to Defeating Speculators - Husni Bey
Nov 13 Sami Zaptia

Rethinking the Central Bank’s Policy: Why Weekly Dollar Auctions Are the Key to Defeating Speculators - Husni Bey

Leading Libyan businessman and regular economic commentator and critic, Husni Bey, had criticized since 1982 the Central Bank of Libya’s (CBL) past an...

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Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes
Oct 4 Sami Zaptia

Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes

The US dollar foreign exchange (FX) rate fell to Libyan Dinar 6.94/dollar in Tripoli’s black-market today, four days after end of the 30 September dea...

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Libya needs transparent reforms - Deposit Certificates & dollar auctions to restore fairness, stability, and confidence in Dinar: H Bey
Sep 30 Sami Zaptia

Libya needs transparent reforms - Deposit Certificates & dollar auctions to restore fairness, stability, and confidence in Dinar: H Bey

With the background of the weakening Libyan dinar with its high black-market exchange rate and the Central Bank of Libya’s efforts to stabilise it by...

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CBL launches Certificates of Deposits worth LD 15 billion - from October to December 2025
Sep 27 Sami Zaptia

CBL launches Certificates of Deposits worth LD 15 billion - from October to December 2025

The Central Bank of Libya (CBL) announced last Thursday (25 September) the launch of Certificates of Deposit worth 15 billion dinars, starting from Oc...

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Op-Ed: Reputational Damage Is Worse Than Losing Money
Jul 2 Sami Zaptia

Op-Ed: Reputational Damage Is Worse Than Losing Money

I have formally written to Libya’s Audit Bureau requesting an official public declaration to clear me, my family members, and the directors of compani...

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Libya's economic reality: limited resources, liquidity challenges, inflation, and need for monetary base restructuring - Husni Bey
Jun 15 Sami Zaptia

Libya's economic reality: limited resources, liquidity challenges, inflation, and need for monetary base restructuring - Husni Bey

Leading Libyan businessman Husni Bey told Libya Herald that the economic reality in Libya is limited resources, liquidity challenges, inflation, and t...

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Libya’s financial stability hinges on disciplined fiscal management and strategic investment: Husni Bey
Jun 8 Sami Zaptia

Libya’s financial stability hinges on disciplined fiscal management and strategic investment: Husni Bey

In an economic report analysing public spending, inflation, and currency stability in Libya, leading businessman Husni Bey concluded that Libya’s fina...

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