Jan 14 Sami Zaptia

Libya 2018 oil revenues up, other revenues and deficit down

By Sami Zaptia.(Logo: Tripoli CBL).London, 14 January 2019:Hydrocarbon revenues for Libya in the calender year of 2018 were up by LD 6.5 billion to LD...

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CBL sacks Libyan Foreign Bank GM and board of directors, who refuse to abide by decision
Aug 17 Sami Zaptia

CBL sacks Libyan Foreign Bank GM and board of directors, who refuse to abide by decision

By Sami Zaptia.London, 17 August 2018:The Tripoli-based Central Bank of Libya (CBL), headed by Saddek Elkaber, sacked the General Manager of the Libya...

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Libya considering ways of recovering its outstanding loans to African states
Apr 12 Sami Zaptia

Libya considering ways of recovering its outstanding loans to African states

By Sami Zaptia. Libya is considering means of recovering its loans to African states (LFB).London, 12 April 2018: The Faiez Serraj-led Presidency Coun...

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Libyan Foreign bank signs MoU with Al-Baraka Banking Group
Jul 27 Michel Cousins

Libyan Foreign bank signs MoU with Al-Baraka Banking Group

By Libya Herald reporter.Tunis, 27 July, 2017:Leading Bahrain-based Islamic banking group Al-Baraka Banking Group (ABG) have signed a Memorandum of Un...

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Jun 16 Sami Zaptia

LFB wins Tunisian US$ 109 million appeal case

By Sami Zaptia.London, 16 June 2017: The Libyan Foreign Bank (LFB) has announced that a Tunisian court has ruled in its favour in the case brought aga...

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Feb 2 Michel Cousins

Italian and Libyan businesses call on Italy to ease visa process

By Alessandra Bocchi.Tunis, 2 February 2017:Italy needs to ease and speed up the visa application process for Libyan businessmen and women if trade ti...

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Libyan Foreign Bank Deputy GM Omar Hajaji released: shot in leg, leaves country
Oct 6 Sami Zaptia

Libyan Foreign Bank Deputy GM Omar Hajaji released: shot in leg, leaves country

By Sami Zaptia.London, 6 October 2016:Family sources have confirmed to this newspaper that the Deputy General Manager of the Libyan Foreign Bank (LFB)...

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Sep 27 Michel Cousins

Banker kidnapped in Tripoli

By Ajnadin Mustafa.Tripoli, 27 September 2016:The deputy general manager of the Libyan Foreign Bank has been kidnapped in Tripoli. Omar Hajaji who is...

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Jordan-based Al Baraka bank returns ‘‘suspicious’’ Libyan transfer ‘‘funding terrorism’’
Aug 26 Sami Zaptia

Jordan-based Al Baraka bank returns ‘‘suspicious’’ Libyan transfer ‘‘funding terrorism’’

By Libya Herald reporter.Tripoli, 26 August 2015:The Tripoli-based Libyan Audit Bureau has confirmed that Jordan based Al Baraka bank has returned a t...

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Jan 21 Sami Zaptia

GNC to freeze student funds to suspended embassies and to pay students directly

By Libya Herald reporter.Malta, 21 January 2015:The continuing GNC has decided to freeze the transfer of student scholarship funds to embassies that i...

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