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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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Banking Crisis

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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...

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New CBL Board takes over official Facebook page and says it has completed takeover
Aug 26 Sami Zaptia

New CBL Board takes over official Facebook page and says it has completed takeover

The new Board of Directors of the Central Bank of Libya (CBL) confirmed that it has ''today completed the process of fully assuming the management of...

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Several banking operations suspended due to CBL crisis
Aug 26 Sami Zaptia

Several banking operations suspended due to CBL crisis

Several banking operations were suspended yesterday due to the Central Bank of Libya‎ (CBL) crisis, ATIB and Nuran banks announced.ATIB reported yeste...

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Exclusive: There is no free meal in life and the Libyan people will finally end up paying the cost for all of Mr Aldabaiba’s freebies - he keeps on promising right, left and centre within Libya and beyond its borders: Husni Bey
Feb 21 Sami Zaptia

Exclusive: There is no free meal in life and the Libyan people will finally end up paying the cost for all of Mr Aldabaiba’s freebies - he keeps on promising right, left and centre within Libya and beyond its borders: Husni Bey

Leading Libyan businessman Husni Bey questioned Caretaker Prime Minister Abd Alhamid Aldabaiba’s decision to promise to distribute free plots of land...

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Aldabaiba working on reopening bank clearance system with eastern Libya despite LD 45 bn debt accrued by eastern banks during political split
Oct 13 Sami Zaptia

Aldabaiba working on reopening bank clearance system with eastern Libya despite LD 45 bn debt accrued by eastern banks during political split

By Sami Zaptia.London, 13 October 2021:Speaking at a reconciliation gathering of eastern notables and tribal leaders gathered in Tripoli Monday, Prime...

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May 2 Sami Zaptia

e-payments transactions top LD 1.1 bn in Q1 of 2021 – but cash is still king in Libya

By Sami Zaptia.Despite all efforts to introduce e-payments Libyans still prefer cash (Photo: Al-Madar and CBL introduce e-banking).London, 2 May 2021:...

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Nov 9 Sami Zaptia

Misrata Chamber discusses e-payments problems and solutions with National Commercial Bank

By Sami Zaptia.London, 9 November 2020: During a meeting at its city headquarters yesterday, Misrata Chamber of Commerce discussed the problems facing...

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Jul 23 Sami Zaptia

Eastern CBL Financial Stability report: Imbalance in state financial discipline (2/2)

By Sami Zaptia.The eastern Central Bank of Libya released its 2017 Stability Report (Photo: eastern CBL).London, 23 July 2020:The Financial Stability...

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Jul 10 Sami Zaptia

Libya’s banking system on verge of collapse: Leading Libyan banker

By Sami Zaptia.(Logo: LBBC).London, 10 July 2020:Speaking during a Libyan British Business Council (LBBC) webinar Wednesday on Libya’s banking system,...

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Feb 11 Sami Zaptia

Libyan economic experts to form commission and meet again in March: UNSMIL

By Sami Zaptia.London, 11 February 2020: UNSMIL reported today that Libyan economic experts gathered under its facilitation in Cairo over the last two...

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