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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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Corporate Governance

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Detention of a former chairman of Libya Telecom & Technology Company for LD 20 million misappropriation
Nov 28 Sami Zaptia

Detention of a former chairman of Libya Telecom & Technology Company for LD 20 million misappropriation

The Attorney General's Office reported last Wednesday (26 November) that the investigating authority has ordered the detention of a former chairman of...

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Former Director of Long-Term Investment Portfolio’s Housing Company for Tourism and Hotel Investments to be detained for misappropriation of US$ 15 million
Nov 26 Sami Zaptia

Former Director of Long-Term Investment Portfolio’s Housing Company for Tourism and Hotel Investments to be detained for misappropriation of US$ 15 million

The Attorney General’s Office reported yesterday that the investigating authority has ordered the detention of a former director of the Housing Compan...

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ESDF and subsidiary LIDCO hold meeting with KPMG to follow up on financial evaluation within ESDF's programme for subsidiary companies
Nov 20 Sami Zaptia

ESDF and subsidiary LIDCO hold meeting with KPMG to follow up on financial evaluation within ESDF's programme for subsidiary companies

The Libyan Investment and Development Company (LIDCO) reported today, that under the auspices of the Economic and Social Development Fund (ESDF), KPMG...

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Former General Manager of Libyan Foreign Investment Company in Mali to be detained for causing loss of ownership of hotel
Nov 7 Sami Zaptia

Former General Manager of Libyan Foreign Investment Company in Mali to be detained for causing loss of ownership of hotel

‎The Attorney General's Office reported today that the Public Prosecution has ordered the detention of a former General Manager of the Libyan Foreign...

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Gang attempting to seize LD 135 million from a Libyan Investment and Development Fund company detained
Oct 23 Sami Zaptia

Gang attempting to seize LD 135 million from a Libyan Investment and Development Fund company detained

The Attorney General’s Office reported last Tuesday (21 October) that the investigating authority ordered the detention of defendants accused of attem...

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Imaar Bank holds first Board meeting after change of chairman and name – to start operating within 4 months
Sep 21 Sami Zaptia

Imaar Bank holds first Board meeting after change of chairman and name – to start operating within 4 months

The Board of Directors of the private sector bank, Imaar Bank, held its first meeting last Thursday, 18/09/2025 in the city of Derna. At the meeting,...

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Lufthansa to act as consultant for proposed new Libyan state airliner
Aug 18 Sami Zaptia

Lufthansa to act as consultant for proposed new Libyan state airliner

Lufthansa International Consulting has been accredited by the Tripoli based Libyan government to oversee the establishment of a new state airline. ‎T...

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Aldabaiba commends transparency and governance as Long Term Investment Portfolio’s E&Y audited accounts are presented
Jul 28 Sami Zaptia

Aldabaiba commends transparency and governance as Long Term Investment Portfolio’s E&Y audited accounts are presented

The Tripoli based Libyan Prime Minister and Chairman of the Board of Trustees of the Libyan Investment Authority (LIA), Abd Alhamid Aldabaiba, affirme...

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ACA suspends the Executive Director, the Chairman and 6 Board members of GNMTC
Jul 16 Sami Zaptia

ACA suspends the Executive Director, the Chairman and 6 Board members of GNMTC

‎Based on the report of the Administrative Control Authority’s (ACA) Director of the General Department of Control on the productive sectors and infra...

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Op-Ed: Reputational Damage Is Worse Than Losing Money
Jul 2 Sami Zaptia

Op-Ed: Reputational Damage Is Worse Than Losing Money

I have formally written to Libya’s Audit Bureau requesting an official public declaration to clear me, my family members, and the directors of compani...

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