Libya successfully defends Paris arbitration court case against Brazilian companies
Feb 25 Sami Zaptia

Libya successfully defends Paris arbitration court case against Brazilian companies

By Sami Zaptia:London, 25 February 2018:The Tripoli-based Libyan Audit Bureau has reported that the Libyan state and its Housing and Infrastructure Bo...

Read Article
Feb 6 Sami Zaptia

Bank of Commerce and Development accuses Tripoli CBL of targeting it

By Sami Zaptia.The Commerce and Development Bank has accused the Tripoli-CBL of targeting it (Photo: C & D bank).London, 6 February 2018: The Bank...

Read Article
e-payment workshop held in Tripoli in effort to reduce Libya's need for cash
Oct 19 Sami Zaptia

e-payment workshop held in Tripoli in effort to reduce Libya's need for cash

By Sami Zaptia.London, 19 October 2017:Under the slogan of ‘‘The role of businessmen and sovereign institutions in supporting e-payment solutions’’ a...

Read Article
May 4 Sami Zaptia

Corruption in Libyan banking sector ‘‘threatens whole economy’’ - Audit Bureau 2016 Annual Report

By Sami Zaptia.The Tripoli-based Audit Bureau says in its 2016 Annual Report that corruption in Libya's banking system threatens the country's whole e...

Read Article
May 4 Sami Zaptia

Corruption rooted in Libyan psyche and culture, practiced by 86 percent of society - Audit Bureau 2016 Annual Report

By Sami Zaptia.The Tripoli-based Audit Bureau says in its 2016 Annual Report that corruption is rooted in Libyan culture and is practiced by 86 percen...

Read Article
Audit Bureau bans 23 Libyan and foreign companies, freezes smuggled money accounts
Jan 19 Sami Zaptia

Audit Bureau bans 23 Libyan and foreign companies, freezes smuggled money accounts

By Sami Zaptia.London, 19 January 2017: The Tripoli-based Libyan Audit Bureau has today announced that it has banned a total of 23 Libyan and foreign...

Read Article
Competition, more POS processing centres, cards and machines are key to POS market growth
Jul 8 Sami Zaptia

Competition, more POS processing centres, cards and machines are key to POS market growth

By Sami Zaptia.London, 8 July 2016:Libya’s private sector has reacted to the two recent Libya Herald articles on the Point of Sales (POS) market in Li...

Read Article
Jun 29 Sami Zaptia

Just under 30,000 POS cards issued by Libyan banks January to May

By Sami Zaptia.The Audit Bureau reports that five Libyan banks had issued just under 30,000 POS cards up to May 2016 (Photo: Jumhouria bank).London, 2...

Read Article
US$ 500 million Gaza floating oil terminal arrives in Libyan waters
May 21 Sami Zaptia

US$ 500 million Gaza floating oil terminal arrives in Libyan waters

By Sami Zaptia.London, 21 May 2016:The Gaza Floating, Storage, Offloading Marine Terminal (FSO) has today arrived in Libyan waters at the Mellitah Oil...

Read Article
Apr 25 Sami Zaptia

Libya owed over US$ 7 bn in outstanding grants and loans to foreign states

By Sami Zaptia.Libya is owed $ 7 bn by foreign states says the Audit Bureau in its 2015 Annual Report (Photo: Audit Bureau).London, 25 April 2016: The...

Read Article