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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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Economy Minister issues decision to guarantee credit funds – move should help increase business loans and drive Libyan economy
Apr 30 Sami Zaptia

Economy Minister issues decision to guarantee credit funds – move should help increase business loans and drive Libyan economy

The Tripoli based Minister of Economy and Trade, Mohamed Al-Hwej, issued a Ministerial decision yesterday approving the regulations for granting guara...

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LBC and LIU to establish a private sector finance and investment group
Jan 20 Sami Zaptia

LBC and LIU to establish a private sector finance and investment group

The Libyan Business Council (LBC) and the Libyan Industry Union (LIU) is to establish a finance and investment group. The LBC and LIU are the private...

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Workshop on regulatory framework for credit bureaus in Libya: Expertise France
Oct 30 Sami Zaptia

Workshop on regulatory framework for credit bureaus in Libya: Expertise France

Expertise France announced last Thursday that a three-day workshop was conducted with the Libyan Credit Information Centre (LCIC) to design and valida...

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Minister of Economy Hwej participates in the Maghreb Banking Forum on the Digital Economy for the Reconstruction of Libya
May 20 Sami Zaptia

Minister of Economy Hwej participates in the Maghreb Banking Forum on the Digital Economy for the Reconstruction of Libya

The Minister of Economy and Trade, Mohamed Al-Hwej, participated in the Maghreb Banking Forum on the Digital Economy for the Reconstruction of Libya o...

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CBL Benghazi organising conference on the Libyan banking system from 12 to 13 August
Apr 22 Sami Zaptia

CBL Benghazi organising conference on the Libyan banking system from 12 to 13 August

The Central Bank of Libya, in cooperation with the Economic Sciences Research Centre, is organizing a conference entitled ‘‘The Libyan Banking System:...

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Conference on development of Libya’s banking sector to be held next August in Benghazi
Mar 1 Sami Zaptia

Conference on development of Libya’s banking sector to be held next August in Benghazi

The eastern Central Bank of Libya, in cooperation with the Economic Sciences Research Centre, is organizing a conference on ‘‘The Libyan banking syste...

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Libyan Banking Union holds forum on application of international standards in Istanbul
Feb 27 Sami Zaptia

Libyan Banking Union holds forum on application of international standards in Istanbul

The Libyan Banking Union held the ‘‘First Forum of Libyan Banks’’ in Istanbul from 24 to 25 February. The event was attended by several Libyan banks,...

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CBL launches pre-loaded US$ 100,000 debit card for small business
Feb 25 Sami Zaptia

CBL launches pre-loaded US$ 100,000 debit card for small business

To facilitate and encourage small merchants ((owners of individual licenses)) and industrial and service companies, the Central Bank of Libya (CBL) an...

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Workshop on credit-reporting environment in Libya held in Cairo
Feb 4 Sami Zaptia

Workshop on credit-reporting environment in Libya held in Cairo

A three-day workshop was organized in Cairo, Egypt between 31 January and 2 February with the Libyan Credit Information Centre (LCIC) and the Egyptian...

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ATMs and e-payments in Libyan shops and businesses set to grow
Dec 2 Michel Cousins

ATMs and e-payments in Libyan shops and businesses set to grow

Libya is still a traditional cash-driven economy. ATMs are relatively few in number; those that work even fewer. It is the same with electronic points...

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