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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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CBL sets 7 percent profit margin for official FX Bureaux
Apr 21 Sami Zaptia

CBL sets 7 percent profit margin for official FX Bureaux

The Central Bank of Libya (CBL) has issued a circular permitting licensed foreign exchange (FX) bureaux to sell foreign exchange at a profit margin of...

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CBL approves applications for 64 Foreign Exchange Bureaux
Feb 3 Sami Zaptia

CBL approves applications for 64 Foreign Exchange Bureaux

‎The Central Bank of Libya (CBL) announced today that it has approved 64 applications for the opening of Foreign Exchange Bureaux.‎These will be the f...

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Amidst acute power cuts and high demand for generator fuel: NOC forced to distribute diesel directly in public squares to circumvent black-market racketeering
Aug 8 Sami Zaptia

Amidst acute power cuts and high demand for generator fuel: NOC forced to distribute diesel directly in public squares to circumvent black-market racketeering

By Sami Zaptia.London, 8 August 2020:Amidst continuing acute mid-summer power cuts and high demand for diesel to run generators, the National Oil Corp...

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Minister of Finance acusses CBL of opposing reform policies and not controlling foreign currency flow - calls for reorganization of CBL board
Apr 22 Sami Zaptia

Minister of Finance acusses CBL of opposing reform policies and not controlling foreign currency flow - calls for reorganization of CBL board

By Sami Zaptia.London, 22 April 2020:In a televised interview for Libyan WTV channel yesterday, Finance Minister Faraj Bumtari, representing the inter...

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Eastern CBL participates in seminar on black-market impact on official exchange rate
Sep 5 Sami Zaptia

Eastern CBL participates in seminar on black-market impact on official exchange rate

By Sami Zaptia.London, 5 September 2019:The eastern-based Central Bank of Libya, represented by its Governor Ali Hibri, participated in a seminar on t...

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Fuel smugglers’ sites bombed by Air Force, petrol stations shut down as part of continuing anti fuel smuggling drive
May 11 Sami Zaptia

Fuel smugglers’ sites bombed by Air Force, petrol stations shut down as part of continuing anti fuel smuggling drive

By Sami Zaptia.London, 11 May 2018: The National Oil Corporation’s (NOC) Brega Marketing Fuel and Gas Crisis Committee announced that fuel smugglers’...

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Nov 5 Sami Zaptia

Libyan dinar plunges further in value, breaking LD 9 to the dollar mark

By Sami Zaptia.(Photo: Sami Zaptia).Lugano, 5 November 2017:The Libyan dinar lost further value on the black market today, breaking the LD 9 to the US...

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Anti-smuggling protests as Zuwara faces fuel crisis
Jun 18 Nigel Ash

Anti-smuggling protests as Zuwara faces fuel crisis

By Libya Herald reporters.Tripoli, 18 June 2017:Locals in Zuwara are up in arms at the lack of fuel and have been protesting in the town since Friday...

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Mar 29 Nigel Ash

Dinar hits seven to the dollar until Nawasi blackmarket closure

By Moutaz Ali. The dinar has passed briefly through seven to the dollar  (Photo: Sami Zaptia).Tripoli, 29  March 2017:When for the first time the dina...

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Armed security for Tripoli's cooking gas cylinder depots
Jan 18 Sami Zaptia

Armed security for Tripoli's cooking gas cylinder depots

By Sami Zaptia.London, 18 January 2017: Brega’s Fuel and Gas Crises Committee announced today that armed security will be provided at Tripoli’s main c...

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