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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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Economy & Policy

China cancels customs duties on Libyan imports starting from this May - banking and financial cooperation will be enhanced
Mar 25 Sami Zaptia

China cancels customs duties on Libyan imports starting from this May - banking and financial cooperation will be enhanced

‎The Tripoli based Libyan government announced today that a meeting was held in Beijing between the Acting Minister of Economy and Trade Suhail Abu Sh...

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Customs Authority introduces use of specialized security paper for official letters to prevent LC forgery
Mar 16 Sami Zaptia

Customs Authority introduces use of specialized security paper for official letters to prevent LC forgery

The Libyan Customs Authority announced yesterday the adoption of security paper for official letters related to the settlement and closure of Document...

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CBL to abolish tax on foreign exchange sales and tax on foreign exchange personal allowance to a rate of 6.37 dinars to the dollar
Mar 15 Sami Zaptia

CBL to abolish tax on foreign exchange sales and tax on foreign exchange personal allowance to a rate of 6.37 dinars to the dollar

The Central Bank of Libya (CBL) briefed Libyan media yesterday of its intention to implement the decision of the Speaker of the House of Representativ...

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Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies
Mar 15 Sami Zaptia

Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies

‎In a cleverly coordinated PR stunt, the Director General of the Libya Development and Reconstruction Fund, Belgasem Khalifa Haftar, son of the ageing...

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NESDB launches technical assistance project to strengthen the capacities of the food security sector in Libya
Mar 13 Sami Zaptia

NESDB launches technical assistance project to strengthen the capacities of the food security sector in Libya

Libya’s National Council Economic and Social Development Board (NESDB) launched yesterday a technical assistance project to strengthen the capacities...

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CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories
Mar 11 Sami Zaptia

CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories

In a letter leaked on Libyan media today (Reference 9/2026 dated 11/03/26), the Central Bank of Libya (CBL) instructed commercial bank managers and e-...

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CBL discusses with Libya’s Telecoms Holding Company increasing the use of e-payments - including integrating illegal migrants
Mar 10 Sami Zaptia

CBL discusses with Libya’s Telecoms Holding Company increasing the use of e-payments - including integrating illegal migrants

The Central Bank of Libya (CBL) discussed increasing e-payments with Libya’s Telecoms Holding Company LPTIC. The discussions came during a meeting ho...

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Libya’s dinar budget revenues in credit but its dollar expenditure posts US$ 2 bn deficit: CBL January to February 2026 report
Mar 10 Sami Zaptia

Libya’s dinar budget revenues in credit but its dollar expenditure posts US$ 2 bn deficit: CBL January to February 2026 report

The Central Bank of Libya (CBL) released its latest figures today for Libya’s revenues and expenditure covering the period from 01/01/26 to 28/02/26....

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Libyan Export Promotion Authority explains policy to establish fishing boats factory
Mar 5 Sami Zaptia

Libyan Export Promotion Authority explains policy to establish fishing boats factory

The Libyan Export Promotion Authority (LEPA) said the justification for its policy to establish a fishing boats factory in Libya is that: - Developin...

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LIA announces 2025 Direct Financial Assets results at US$ 41.7 billion - generating returns of US$ 2 billion / 4.79%
Mar 1 Sami Zaptia

LIA announces 2025 Direct Financial Assets results at US$ 41.7 billion - generating returns of US$ 2 billion / 4.79%

The Libyan Investment Authority (LIA) announce last Tuesday (26 February) the 2025 financial performance results for its direct investment portfolio....

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