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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 Sector

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Jun 29 Sami Zaptia

Just under 30,000 POS cards issued by Libyan banks January to May

By Sami Zaptia.The Audit Bureau reports that five Libyan banks had issued just under 30,000 POS cards up to May 2016 (Photo: Jumhouria bank).London, 2...

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Tripoli CBL receives LD 250 million of new money from UK printers
Jun 18 Sami Zaptia

Tripoli CBL receives LD 250 million of new money from UK printers

By Sami Zaptia.London, 18 June 2016:The Tripoli-based Central Bank of Libya (CBL) reported today that it had received another shipment totalling LD 25...

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CBL Beida assures of resolving cash shortage soon
Feb 29 Sami Zaptia

CBL Beida assures of resolving cash shortage soon

By Sami Zaptia.London, 29 February 2016:The Beida-based Central Bank of Libya (CBL) held a meeting yesterday at the Benghazi Chamber of Commerce headq...

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Mastercard debit card launched by Gumhouriya bank
Aug 9 Sami Zaptia

Mastercard debit card launched by Gumhouriya bank

By Libya Herald reporter.Tunis, 9 August 2015:Gumhouriya bank has launched a Mastercard debit card which can be used at its ATMs.The new service was l...

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Aman bank opens new business banking centre
Feb 20 Sami Zaptia

Aman bank opens new business banking centre

By Libya Herald reporter.Malta, 20 February 2015:Aman bank, a leading privately owned Libyan bank which is partly owned by the Portuguese BES bank, ha...

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Dec 18 Newsdesk1

Kidnapped Derna bank employee released for ransom

By Libya Herald staff.Tripoli, 18 December 2014:Abducted Unity Bank of Derna employee Badr Fathi Omar Badr has been released after a ransom was paid t...

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Sep 10 Callum Paton

Kidnapping of Benghazi bank manager sparks protests and bank closures

By Farah Waleed. Benghazi, 10 September 2014: The kidnapping of Gumhouriya Bank Manger Bushafa Al-Amari in Benghazi resulted in the closure of banks...

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Feb 25 Michel Cousins

ABC Islamic Bank profits in 2013 up near 50 percent

Manama, 25 February 2014:Net profits at the Banrain-based ABC Islamic Bank, a wholly owned subsidiary of the Libyan-owned and controlled Arab Banking...

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CBL Islamic banking conference 1-2 March
Jan 12 Sami Zaptia

CBL Islamic banking conference 1-2 March

Tripoli, 12 January 2014:The Central Bank of Libya (CBL) has announced that it is planning to hold "an international" conference in association with t...

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Jan 4 Sami Zaptia

GNC Energy Committee reviews Ministerial commercial loans and petrochemicals development plan.

By Sami Zaptia.Tripoli, 4 January 2014:The GNC Energy Committee reviewed last Monday (30 December 2013) the cabinet's  decree (No. 759/2013) permittin...

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