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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.

Libya needs to redesign the existing historical government spending model of government funds - of government companies and funds doing it all: Husni Bey
May 1 Sami Zaptia

Libya needs to redesign the existing historical government spending model of government funds - of government companies and funds doing it all: Husni Bey

‎"Libya needs to redesign the historical model of spending government funds in the country from the existing model of government companies and funds d...

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Several MoU’s signed in Washington DC between Hafter’s Libya Reconstruction and Development Fund and US companies
Apr 30 Sami Zaptia

Several MoU’s signed in Washington DC between Hafter’s Libya Reconstruction and Development Fund and US companies

‎The Libya Reconstruction and Development Fund reported yesterday that it had signed ‘‘many’’ memorandums of understanding with the US-Libya Business...

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ATIB’s new Board of Directors assumes its duties – takes over from CBL installed Interim board
Apr 22 Sami Zaptia

ATIB’s new Board of Directors assumes its duties – takes over from CBL installed Interim board

The new Board of Directors of privately owned Al-Saray Trade and Investment Bank (ATIB), elected by the General Assembly on 20 April, assumed its duti...

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CBL expresses distress over March’s low oil revenues - threatening fiscal sustainability
Mar 19 Sami Zaptia

CBL expresses distress over March’s low oil revenues - threatening fiscal sustainability

‎The Central Bank of Libya (CBL) expressed distress over March’s low oil revenues, threatening Libya’s fiscal sustainability. The alert came after it...

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The official dollar exchange rate cannot be reduced as long as government spending exceeds revenues: Businessman ‎Husni Bey
Mar 6 Sami Zaptia

The official dollar exchange rate cannot be reduced as long as government spending exceeds revenues: Businessman ‎Husni Bey

‎Every year, in and around the fasting month of Ramadan (which started on 1 March), the subject of the low purchasing power of Libyan citizens, the hi...

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ATIB showed institutional resilience in 2023 despite suspension of board of directors: Suspended chairman Naaman Elbouri
Dec 31 Sami Zaptia

ATIB showed institutional resilience in 2023 despite suspension of board of directors: Suspended chairman Naaman Elbouri

In an end of year goodwill message to shareholders, the Temporary Committee, management and staff, the suspended chairman of Assaray Trade and Investm...

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Tadawul launches its entrepreneurship incubator "Innovation Garden"
Jun 20 Sami Zaptia

Tadawul launches its entrepreneurship incubator "Innovation Garden"

Libya’s private sector Tadawul Financial Group (TFG) launched its first entrepreneurship incubator, branded the "Innovation Garden". The project comes...

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CBL temporarily suspends chairman and directors of ATIB
May 8 Sami Zaptia

CBL temporarily suspends chairman and directors of ATIB

Last Thursday, the Tripoli-based Central Bank of Libya temporarily suspended the chairman, Naaman Elbouri, and the directors of the privately-owned AT...

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NOC’s fuel barter considered distortion of the state’s financial data
Jan 23 Sami Zaptia

NOC’s fuel barter considered distortion of the state’s financial data

Earlier this month, Libya’s Audit Bureau sent a letter to the state National Oil Corporation (NOC) instructing it to stop the barter system in importi...

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Libyan state spent LD 162 bn and not LD 127 bn as claimed: Husni Bey
Jan 18 Sami Zaptia

Libyan state spent LD 162 bn and not LD 127 bn as claimed: Husni Bey

Leading Libyan businessman Husni Bey told Libya Herald that the correct spending figure by the Libyan state in 2022 is LD 162 (US$ 32.4) billion and n...

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