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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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LIA Chairman Abdulmagid Breish reviews his new vision for Libya's sovereign fund
May 13 Sami Zaptia

LIA Chairman Abdulmagid Breish reviews his new vision for Libya's sovereign fund

By Sami Zaptia.Tripoli, 13 May 2014:In February 2013, the outgoing chairman of the LIA, Mohsen Derregia was removed by the then Prime Minister and hea...

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The 2014 Budget: Subsidies up – despite deficit and oil exporting crises
May 12 Sami Zaptia

The 2014 Budget: Subsidies up – despite deficit and oil exporting crises

By Sami Zaptia.                 Amman, Jordan, 12 May 2014:The 2014 Libyan budget totaling LD 58.92 bn, approved by the GNC Finance and Budget Committ...

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Apr 19 Michel Cousins

Business as usual for Tunisians despite kidnappings says embassy

By Houda Mzioudet, Tripoli, 19 April 2014: Tunisian business in Libya has not been affected by the recent kidnappings of Tunisian diplomats and wo...

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World Bank MENA Regional Economic Update optimistic on Libya's prospects
Apr 10 Sami Zaptia

World Bank MENA Regional Economic Update optimistic on Libya's prospects

By Sami ZaptiaTripoli, 10 April 2014:The World Bank's MENA Regional Economic Update, April 2014, released Tuesday, entitled "Harnessing the Global Rec...

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2014 budget expected to be LD 68.59bn - salaries and subsidies shoot up
Mar 9 Sami Zaptia

2014 budget expected to be LD 68.59bn - salaries and subsidies shoot up

By Sami Zaptia. Tripoli, 9 March 2014: The Head of the GNC Budget, Finance and Planning Committee Mohammed Abdullah revealed that the 2014 budget is...

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Mar 4 Sami Zaptia

CBL Islamic banking conference postponed to 29-30 March

Libya Herald staff.The CBL has postponed its international conference on Islamic banking until 29-30 March (Photo: CBL FB page).Tripoli, 4 March 2014:...

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Zeidan government reveals it received LD 50.48 billion in 2013
Feb 11 Sami Zaptia

Zeidan government reveals it received LD 50.48 billion in 2013

By Sami Zaptia.Tripoli, 11 February 2014:Ali Zeidan's government has revealed that it had received only LD 50.48 billion in 2013 from the 2013 budget,...

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Unemployment, subsidies, undiversified economy, stifled private sector - problems of Libyan economy: WB
Feb 7 Sami Zaptia

Unemployment, subsidies, undiversified economy, stifled private sector - problems of Libyan economy: WB

Tripoli, 7 February 2014: "Libya’s labour market is skewed toward the public sector, which employs more than 80 percent of the formal workforce, whil...

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Libya's economic growth declining - World Bank
Feb 6 Sami Zaptia

Libya's economic growth declining - World Bank

Tripoli, 6 February 2013: "Economic growth in Libya is once again dipping into negative territory", the World Bank reported in its latest MENA Quarte...

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CBL Islamic banking conference 1-2 March
Jan 12 Sami Zaptia

CBL Islamic banking conference 1-2 March

Tripoli, 12 January 2014:The Central Bank of Libya (CBL) has announced that it is planning to hold "an international" conference in association with t...

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