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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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Aldabaiba speaks on the economic crisis, cabinet reshuffle, elections and Qaddafi supporters in his 15th anniversary of 17 Feb 2011 Revolution speech
Feb 19 Sami Zaptia

Aldabaiba speaks on the economic crisis, cabinet reshuffle, elections and Qaddafi supporters in his 15th anniversary of 17 Feb 2011 Revolution speech

During his pre-recorded video speech aired last night to commemorate the 15th anniversary of the 17th of February Revolution, that ended the 42-year Q...

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CBL reaches agreement with importers to urgently deliver 2.5 million boxes of cooking oil
Feb 16 Sami Zaptia

CBL reaches agreement with importers to urgently deliver 2.5 million boxes of cooking oil

The Governor of the Central Bank of Libya (CBL), Naji Issa, held a meeting in his Tripoli office yesterday with the President and CEO of the Libyan In...

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CBL requests Foreign Ministry to instruct employees to only use official foreign exchange bureaux – calls on authorities to close unlicensed foreign exchange shops
Feb 13 Sami Zaptia

CBL requests Foreign Ministry to instruct employees to only use official foreign exchange bureaux – calls on authorities to close unlicensed foreign exchange shops

In a letter leaked on Libyan media dated 12 February, the Governor of the Central Bank of Libya (CBL), Naji Issa, requested that Libya’s Minister of F...

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Economy Ministry prohibits commodity pricing based on the black-market exchange rate
Feb 6 Sami Zaptia

Economy Ministry prohibits commodity pricing based on the black-market exchange rate

The Tripoli based Libyan Minister of Economy and Trade issued Decision No. (51) of 2026 regarding commodity pricing. The decree prohibits the pricing...

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For the first time in 15 years, Libya receives international approval to import dollars in cash
Jan 30 Sami Zaptia

For the first time in 15 years, Libya receives international approval to import dollars in cash

The Central Bank of Libya (CBL) announced that it has received international approval to import US$ 600 million monthly in cash, for the first time in...

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CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs
Jan 26 Sami Zaptia

CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs

The Central Bank of Libya (CBL) issued a clarification statement yesterday regarding documentary credit procedures, emphasizing that its role and that...

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Assigning a tracking company for Libya’s imported cargo could eliminate Letters of Credit fraud: Attorney General Al-Sour
Jan 22 Sami Zaptia

Assigning a tracking company for Libya’s imported cargo could eliminate Letters of Credit fraud: Attorney General Al-Sour

Speaking about corruption in Libya’s Letters of Credit file, in an interview with Istanbul-based Libyan satellite TV channel, Libya Al-Ahrar, Libya’s...

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CBL latest stats show a balanced LD budget for all of 2025 but a hard currency deficit of US$ 9 billion
Jan 20 Sami Zaptia

CBL latest stats show a balanced LD budget for all of 2025 but a hard currency deficit of US$ 9 billion

In its routine statistical bulletin summarising 2025, the Central Bank of Libya (CBL) announces yesterday that Libya’s total revenues totalled 136.86...

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Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports
Jan 18 Sami Zaptia

Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports

Tripoli based Libyan Minister of Economy Mohammed Al-Hwej, in an exclusive live interview yesterday with the Istanbul-based Libyan satellite TV statio...

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CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar
Jan 18 Sami Zaptia

CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar

The Central Bank of Libya announced today that it has devalued the Libyan dinar by 14.7 percent from approximately LD 5.43 to LD 6.36 per US$. The CB...

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