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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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Asset Management

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LIA discusses with Germany reinvestment of frozen Libyan funds in Germany within Security Council resolutions - Sentry report disagrees
May 5 Sami Zaptia

LIA discusses with Germany reinvestment of frozen Libyan funds in Germany within Security Council resolutions - Sentry report disagrees

The Chairman of the Libyan Investment Authority (LIA), Ali Mahmoud, met yesterday with the Deputy Permanent Representative of the Federal Republi...

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LIA launches a specialised Treasury and Risk Management (TRM) system
Dec 5 Sami Zaptia

LIA launches a specialised Treasury and Risk Management (TRM) system

The Libyan Investment Authority (LIA) announced yesterday the completion of its Treasury and Risk Management (TRM) system, dedicated to investment and...

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Tripoli government holds Washington DC meetings - including with Morgan Stanley, Bank of New York, and J.P. Morgan
Oct 19 Sami Zaptia

Tripoli government holds Washington DC meetings - including with Morgan Stanley, Bank of New York, and J.P. Morgan

On the sidelines of attending the Annual Meetings of the IMF and the World Bank held in Washington, D.C. (13 to 18 October), a delegation from the Tri...

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CBL signs cooperation agreement with World Bank within Reserves Advisory and Management Programme (RAMP)
Oct 16 Sami Zaptia

CBL signs cooperation agreement with World Bank within Reserves Advisory and Management Programme (RAMP)

‎Central Bank of Libya signs a cooperation agreement with the World Bank within the Reserves Advisory and Management Programme (RAMP). ‎The Central B...

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CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September
Oct 8 Sami Zaptia

CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September

The Central Bank of Libya's multilateral committee held its third regular meeting today at the office of the Governor and Chairman of the Committee. T...

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Investment officer detained in US$ 14 billion investment scam
Sep 5 Sami Zaptia

Investment officer detained in US$ 14 billion investment scam

The Attorney General’s Office reported yesterday that the Public Prosecutor had detained an officer in the Libyan Strategic Investment Authority for c...

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LIA organises investment forum in London with participation of international banks, asset managers and investment funds
Jul 9 Sami Zaptia

LIA organises investment forum in London with participation of international banks, asset managers and investment funds

The Libyan Investment Authority (LIA) announced last Sunday (6 July) that it had organised an investment forum in London last Thursday (3 July), in th...

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Op-Ed: Libya's premium real estate, undervalued strategic assets in Central Africa – wasted potential needing leverage beyond oil through a new African partnership vision
May 2 Sami Zaptia

Op-Ed: Libya's premium real estate, undervalued strategic assets in Central Africa – wasted potential needing leverage beyond oil through a new African partnership vision

After spending some time recently in the Central African Republic, I got to see firsthand what the Libyan African Investment Company (LAICO) has built...

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LAFICO announces Financial Results & Key Financial Performance Indicators for 2014-2024, and financial target for 2025
Feb 18 Sami Zaptia

LAFICO announces Financial Results & Key Financial Performance Indicators for 2014-2024, and financial target for 2025

The Libyan Foreign Investment Company‎ (LAFICO) announced yesterday Financial Results and Key Financial Performance Indicators for the period 2014-202...

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LIA announces 6 percent growth of its investments in 2024
Feb 12 Sami Zaptia

LIA announces 6 percent growth of its investments in 2024

The Libyan Investment Authority (LIA) revealed yesterday that its investment portfolio had achieved returns of US$ 1.6 billion in 2024, achieving a gr...

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