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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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Central Bank of Libya

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Libya's Western and Eastern administrations agree a unified budget
Apr 11 Sami Zaptia

Libya's Western and Eastern administrations agree a unified budget

The Central Bank of Libya (CBL) announced this morning, 11 April, that it welcomes the signing of Annex No. 1 to the Unified Development Agreement. I...

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IMF Staff Concluding Statement of the 2026 Article IV Consultation Mission to Libya
Apr 11 Sami Zaptia

IMF Staff Concluding Statement of the 2026 Article IV Consultation Mission to Libya

The IMF released yesterday the ‘‘Libya: Staff Concluding Statement of the 2026 Article IV Consultation Mission’’ conducted with Libyan authorities fro...

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Spending on construction has not led to price hikes and a rising dollar rate – spending by Libya’s two governments has: Belgasem Hafter
Apr 8 Sami Zaptia

Spending on construction has not led to price hikes and a rising dollar rate – spending by Libya’s two governments has: Belgasem Hafter

Speaking last Monday (6 April) during an opening ceremony of a department at Benghazi Medical Centre, the Director General of the Libyan Development a...

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CBL Governor unveils package of measures to support dinar, regulate foreign exchange market, and inject $1.5 billion
Apr 8 Sami Zaptia

CBL Governor unveils package of measures to support dinar, regulate foreign exchange market, and inject $1.5 billion

A source has informed Libya Herald that Central Bank of Libya (CBL) Governor Naji Issa revealed a package of new economic and monetary measures aimed...

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CBL continues briefings to talk up the dinar – vows to inject US$ 1.5 billion and bring dinar down to the LD 6.90 mark
Apr 6 Sami Zaptia

CBL continues briefings to talk up the dinar – vows to inject US$ 1.5 billion and bring dinar down to the LD 6.90 mark

The Libyan dinar gained value at close of business tonight on the black-market foreign exchange to about LD 8.33 per dollar, up from yesterday’s LD 8....

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Libyan dinar will be down to LD 7.90 before mid-April: CBL briefing
Apr 5 Sami Zaptia

Libyan dinar will be down to LD 7.90 before mid-April: CBL briefing

In its continued efforts to drive down the black-market exchange rate of the Libyan dinar against major currencies, led by the US dollar, the CBL has...

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CBL’s instant salary payment system reveals 1.585 million Libyans (72 percent) registered to receive state-sector salaries out of a total of 2.2 million
Apr 3 Sami Zaptia

CBL’s instant salary payment system reveals 1.585 million Libyans (72 percent) registered to receive state-sector salaries out of a total of 2.2 million

The Central Bank of Libya (CBL) announced yesterday that it has received the March salary disbursement authorizations from the Ministry of Finance and...

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Aldabaiba instructs CBL to terminate Arkenu Oil Company’s oil sales agreement
Apr 3 Sami Zaptia

Aldabaiba instructs CBL to terminate Arkenu Oil Company’s oil sales agreement

The Tripoli based Libyan government, led by Abdel Hamid Aldabaiba, issued a directive yesterday, leaked to local media, instructing the Central Bank o...

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Clash between Libya’s religious and secular authorities regarding the permissibility of surcharging for e-payments
Apr 3 Sami Zaptia

Clash between Libya’s religious and secular authorities regarding the permissibility of surcharging for e-payments

A clash is occurring between Libya’s secular and religious orders as to the permissibility of merchants imposing an extra charge for receiving payment...

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CBL signs contract to print LD 30 billion of new LD-20 denominations – more denominations, including LD 50, to be printed this year
Mar 29 Sami Zaptia

CBL signs contract to print LD 30 billion of new LD-20 denominations – more denominations, including LD 50, to be printed this year

An anonymous ‘‘Central Bank of Libya (CBL) official’’ briefed local Arabic-language media yesterday that the CBL had signed a new contract the previou...

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