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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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Libyan Foreign Bank

Editorial entity profile.

LFB recovering funds in several locations secretly to protect the funds and process: LFB Chairman Addarrat
Feb 17 Sami Zaptia

LFB recovering funds in several locations secretly to protect the funds and process: LFB Chairman Addarrat

The Chairman of the Libyan Foreign Bank (LFB), Mohamed Ali Addarrat, affirmed that "protecting its assets and recovering its receivables abroad has be...

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Libyan Foreign Bank files for US$ 100 million lawsuit against Zimbabwean entities for a 2001 debt
Jan 30 Sami Zaptia

Libyan Foreign Bank files for US$ 100 million lawsuit against Zimbabwean entities for a 2001 debt

Bloomberg reported last Wednesday (28 January) that the Libyan Foreign Bank (LFB), a subsidiary of the Central Bank of Libya, has filed a lawsuit agai...

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Tripoli Chamber of Commerce meets Banca UBAE Roma - discusses facilitating documentary credit procedures for Libyan importers
Oct 28 Sami Zaptia

Tripoli Chamber of Commerce meets Banca UBAE Roma - discusses facilitating documentary credit procedures for Libyan importers

The Tripoli Chamber of Commerce, headed by its chairman Anwar Abu Sitta, held a meeting last Sunday (26 October) at its Tripoli headquarters with Banc...

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Director of Documentary Credit Department and his Deputy at Libyan Foreign Bank detained
Oct 10 Sami Zaptia

Director of Documentary Credit Department and his Deputy at Libyan Foreign Bank detained

The Attorney General’s Office reported yesterday that the Investigating Authority has ordered the detention of the Director of the Documentary Credit...

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A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎
Jul 2 Sami Zaptia

A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

‎The Governor of the Central Bank of Libya meets the Chairman of the Board of Directors of the National Oil Corporation to discuss mechanisms to suppo...

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Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits - change of CEO
Jan 6 Sami Zaptia

Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits - change of CEO

The Libyan Foreign Bank (LFB) announced yesterday its preliminary 2024 results which are awaiting external auditing. It said that for the first time i...

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LFB, Bank UBAE Italy and Simest hold meeting to strengthen banking operations in Libya
Nov 28 Sami Zaptia

LFB, Bank UBAE Italy and Simest hold meeting to strengthen banking operations in Libya

Bank UBAE Italy reported yesterday that it held a meeting on the same day between Mohamed Addarrat, Chairman of Libyan Foreign Bank (LFB) and the inst...

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Libyan Industry Union organises workshop on ‘‘Libyan Industrial Exports - Reality and Prospects’’
Aug 21 Sami Zaptia

Libyan Industry Union organises workshop on ‘‘Libyan Industrial Exports - Reality and Prospects’’

The Libyan Industry Union (LIU) is to hold a workshop on ‘‘Libyan Industrial Exports - Reality and Prospects’’ in cooperation with the Libyan Experts...

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Libyan Foreign Bank issues statement on alleged nationalization of its stake in the Burkinabe Commercial Bank
May 29 Sami Zaptia

Libyan Foreign Bank issues statement on alleged nationalization of its stake in the Burkinabe Commercial Bank

The state owned Libyan Foreign Bank issued a press release dated Sunday 26 May clarifying its position regarding the alleged nationalization of its st...

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Libyan Foreign Bank Documentary Credits head detained, pending trial, for € 5.7 million negligence
Nov 9 Sami Zaptia

Libyan Foreign Bank Documentary Credits head detained, pending trial, for € 5.7 million negligence

The Attorney General’s Office announced on Wednesday the detention, pending trial, of the head of the Documentary Credits Department at the Libyan For...

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