Latest
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
Category

Economy & Policy

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...

Read Article
CBL reaches agreement with importers to urgently deliver 2.5 million boxes of cooking oil
Feb 16 Sami Zaptia

CBL reaches agreement with importers to urgently deliver 2.5 million boxes of cooking oil

The Governor of the Central Bank of Libya (CBL), Naji Issa, held a meeting in his Tripoli office yesterday with the President and CEO of the Libyan In...

Read Article
NESDB holds Istanbul meeting to advance Libya’s food security programmes
Feb 15 Sami Zaptia

NESDB holds Istanbul meeting to advance Libya’s food security programmes

The National Economic and Social Development Board (NESDB) announced last Saturday that it had held, on the same day, an expanded technical meeting in...

Read Article
Economic diversification conference held in Benghazi by HoR and CBL
Feb 15 Sami Zaptia

Economic diversification conference held in Benghazi by HoR and CBL

The "Economic Diversification: Between Local Resources and Economic Diplomacy" conference, organized by the House of Representatives' Foreign Affairs...

Read Article
Economy Ministry prohibits commodity pricing based on the black-market exchange rate
Feb 6 Sami Zaptia

Economy Ministry prohibits commodity pricing based on the black-market exchange rate

The Tripoli based Libyan Minister of Economy and Trade issued Decision No. (51) of 2026 regarding commodity pricing. The decree prohibits the pricing...

Read Article
Car importers granted LCs are overcharging consumers by 60 percent – Economy Ministry to take corrective action
Jan 26 Sami Zaptia

Car importers granted LCs are overcharging consumers by 60 percent – Economy Ministry to take corrective action

The Ministry of Economy and Trade stated yesterday (in its Clarification Statement no. 2/2026) that the volume of letters of credit granted recently f...

Read Article
Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports
Jan 18 Sami Zaptia

Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports

Tripoli based Libyan Minister of Economy Mohammed Al-Hwej, in an exclusive live interview yesterday with the Istanbul-based Libyan satellite TV statio...

Read Article
CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar
Jan 18 Sami Zaptia

CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar

The Central Bank of Libya announced today that it has devalued the Libyan dinar by 14.7 percent from approximately LD 5.43 to LD 6.36 per US$. The CB...

Read Article
A symposium entitled "From Lack of Liquidity to Credit Failure" held in Misrata ‎
Jan 14 Sami Zaptia

A symposium entitled "From Lack of Liquidity to Credit Failure" held in Misrata ‎

A scientific symposium was held on 10 January at the Faculty ‎‎of Arts of the University of Misrata under the slogan "From Scarcity of Liquidity to Cr...

Read Article
Government price control campaign has led to over 30 percent price decreases: Deputy Economy Minister Abu Shiha
Jan 11 Sami Zaptia

Government price control campaign has led to over 30 percent price decreases: Deputy Economy Minister Abu Shiha

The Undersecretary of the Tripoli based Ministry of Economy and Trade, Suhail Abu Shiha, confirmed that the campaign launched by the Tripoli governmen...

Read Article