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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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US Dollar

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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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Libya’s total 2024 revenues were LD 123.5 billion, spending was LD 123.2 billion – leaving a surplus of about LD 300 million
Jan 13 Sami Zaptia

Libya’s total 2024 revenues were LD 123.5 billion, spending was LD 123.2 billion – leaving a surplus of about LD 300 million

‎In its statement of revenues and expenditures for 2024,‎ the Central Bank of Libya ‎revealed today that:  Total revenues in 2024 amounted t...

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Tripoli Chamber of Commerce expresses dissatisfaction with CBL’s LC policy
Feb 29 Sami Zaptia

Tripoli Chamber of Commerce expresses dissatisfaction with CBL’s LC policy

In a published statement last Tuesday, the Tripoli Chamber of Commerce addressed the Central Bank of Libya (CBL) on behalf of its members due to their...

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Mar 13 Sami Zaptia

The rate of ‘‘customs dollar’’ to be used for calculating customs duties set at LD 2.12 per dollar – applies as of tomorrow

By Sami Zaptia.(Libyan Customs Authority).London, 13 March 2021:The Libyan Government has set the exchange rate of the U.S. dollar for purposes of cal...

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Dec 10 Sami Zaptia

Libyan Ports to charge ships in hard currency for some services

By Sami Zaptia.London, 10 December 2020: The Libyan Ports Company (LPC) will start charging ships at Libyan ports for some services in hard currency (...

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Nov 8 Sami Zaptia

Libya’s oil revenues up by LD 3.8 bn on projections up to 31 October, CBL bullish on economic outlook

By Sami Zaptia.(Logo: Tripoli CBL).London, 8 November 2019:In its latest bullish report, Libya’s Tripoli-based Central Bank of Libya (CBL) reported th...

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Jan 14 Sami Zaptia

Libyan Dinar gains value against dollar on prospect of increased dollar supply

By Sami Zaptia,(Photo: Sami Zaptia).London, 14 January 2018: The Libyan dinar kept its gains over the last week on the prospect of more hard currency...

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Dec 29 Sami Zaptia

Libyan dinar continues to lose value and prices continue to rise: Report

By Sami Zaptia.A report by REACH says that food prices in Libya have continued to rise since June this year(Archive Photo: REACH.)London, 29 December...

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May 16 Nigel Ash

Dinar weakens again

By Moutaz Ali.Tripoli, 16 May 2017:The Libyan dinar has once again declined in value against the US dollar, hitting LD 8.50 in the black markets today...

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Aug 4 Sami Zaptia

Audit Bureau allows Commerce and Development bank cheque clearance below LD 10 k

By Sami Zaptia.The Audit Bureau has lifted its suspension on Commerce and Development bank cheque clearance under LD 10 K while investigating possible...

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