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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 Reform

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CBL-IMF preparatory Article IV Consultations ended in Tunis
Dec 8 Sami Zaptia

CBL-IMF preparatory Article IV Consultations ended in Tunis

The Central Bank of Libya (CBL) reported last Friday (6 December) that the preparatory meetings being held in Tunis last week for the ‘‘2025 ‘Article...

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CBL contracts to print LD 30 billion in new notes to alleviate liquidity crisis and replace old currency
Dec 2 Sami Zaptia

CBL contracts to print LD 30 billion in new notes to alleviate liquidity crisis and replace old currency

The Central Bank of Libya (CBL) announced yesterday that it has contracted to print LD 30 billion of new money notes. It said these will be injected i...

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Aldabaiba meets new CBL Governor Issa – the first since the first official meeting of the new CBL board
Nov 12 Sami Zaptia

Aldabaiba meets new CBL Governor Issa – the first since the first official meeting of the new CBL board

The new Governor of the Central Bank of Libya (CBL), Naji Issa, received today the Tripoli based Libyan PM Abdel Hamid Aldabaiba, at the headquarters...

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Libyan Banks Forum launched in Tripoli: 13-14 October
Oct 14 Sami Zaptia

Libyan Banks Forum launched in Tripoli: 13-14 October

‎The two-day Second Libyan Banks Forum (13 to 14 October) opened at a Tripoli hotel yesterday. The forum is organised by the Union of Libyan Banks and...

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CBL Institute of Banking Studies holds Conference on FINTECH in Benghazi
Sep 8 Sami Zaptia

CBL Institute of Banking Studies holds Conference on FINTECH in Benghazi

‎The Central Bank of Libya’s (CBL) Institute of Banking Studies organised a workshop entitled Fintech in Benghazi yesterday.The Institute of Banking S...

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The private sector proved itself during Corona with its strategic food reserves: Hwej
Aug 30 Sami Zaptia

The private sector proved itself during Corona with its strategic food reserves: Hwej

The Libyan private manufacturing sector proved itself during the Corona crisis with its ability to provide the country with a strategic food reserve,...

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Aldabaiba criticises banks and CBL for return of liquidity crisis – calls for structural bank reform
Jun 15 Sami Zaptia

Aldabaiba criticises banks and CBL for return of liquidity crisis – calls for structural bank reform

‎Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, accused ‘‘some parties’’ of re-creating the liquidity shortage crisis at banks, stressing...

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Bahrain’s Al Salam Bank to provide Islamic banking consultancy and training to Sahara bank
Jun 9 Sami Zaptia

Bahrain’s Al Salam Bank to provide Islamic banking consultancy and training to Sahara bank

‎Bahrain’s Al Salam Bank is to provide Islamic banking consultancy and training to Libya’s Sahara bank; it was revealed yesterday.The revelation came...

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Workshop on ‘‘Regulating the Legal and Banking Framework’’ in Libya held in Tripoli 14-16 May
May 15 Sami Zaptia

Workshop on ‘‘Regulating the Legal and Banking Framework’’ in Libya held in Tripoli 14-16 May

A workshop on ‘‘Regulating the Legal and Banking Framework’’ in Libya started yesterday in Tripoli (14 – 16 May) with the participation of the private...

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UNDP economic and financial experts visit LBC
May 9 Sami Zaptia

UNDP economic and financial experts visit LBC

A delegation of economic and financial experts from the United Nations Development Programme (UNDP) Libya visited the Libyan Business Council on Tuesd...

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