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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
Tag Archive

Corporate Governance

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ATIB’s new Board of Directors assumes its duties – takes over from CBL installed Interim board
Apr 22 Sami Zaptia

ATIB’s new Board of Directors assumes its duties – takes over from CBL installed Interim board

The new Board of Directors of privately owned Al-Saray Trade and Investment Bank (ATIB), elected by the General Assembly on 20 April, assumed its duti...

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LAFICO announces Financial Results & Key Financial Performance Indicators for 2014-2024, and financial target for 2025
Feb 18 Sami Zaptia

LAFICO announces Financial Results & Key Financial Performance Indicators for 2014-2024, and financial target for 2025

The Libyan Foreign Investment Company‎ (LAFICO) announced yesterday Financial Results and Key Financial Performance Indicators for the period 2014-202...

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Mauritius High Court lifts sanctions on Libya’s Ola Energy
Jan 23 Sami Zaptia

Mauritius High Court lifts sanctions on Libya’s Ola Energy

The Tripoli based Libyan government announced today that the High Court of Mauritius has lifted the sanctions imposed by the Financial Intelligence Un...

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Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits - change of CEO
Jan 6 Sami Zaptia

Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits - change of CEO

The Libyan Foreign Bank (LFB) announced yesterday its preliminary 2024 results which are awaiting external auditing. It said that for the first time i...

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NOC denies entering into a debt settlement with Swiss fuel supplier LITASCO against Audit Bureau advice
Dec 23 Sami Zaptia

NOC denies entering into a debt settlement with Swiss fuel supplier LITASCO against Audit Bureau advice

Libya’s state National Oil Corporation (NOC) denied yesterday the news circulating on social media that its entry into a debt settlement with the Swis...

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LIA holds group annual forum
Nov 18 Sami Zaptia

LIA holds group annual forum

The Libyan Investment Authority (LIA) announced yesterday that it had organised its 2024 group Second Annual Forum.The forum dealt with the strategic...

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Libyan Korean Economic Forum to be held in Tripoli, November 2024
Jul 21 Sami Zaptia

Libyan Korean Economic Forum to be held in Tripoli, November 2024

The Minister of Economy and Trade, Mohamed Al-Hwej, discussed with the Ambassador of South Korea to Libya ‘‘Jang Jihak’’ last Wednesday 17 July, at th...

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Chairman and CEO of National Development and Investment Company in pretrial detention for US$ 2.842 million contract fraud
Jun 4 Sami Zaptia

Chairman and CEO of National Development and Investment Company in pretrial detention for US$ 2.842 million contract fraud

‎The Attorney General’s Office reported yesterday that its Public Prosecutor ordered the detention of the Chairman and the CEO of the National Develop...

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Court cancels CBL’s suspension of ATIB bank’s board of directors
Apr 29 Sami Zaptia

Court cancels CBL’s suspension of ATIB bank’s board of directors

The Chairman of the Board of Assaray Trade and Investment Bank (ATIB), Naaman Elbouri, confirmed to Libya Herald yesterday that the court has ruled to...

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LAIP’s OLA Energy achieves ‘‘record profits’’
Feb 15 Sami Zaptia

LAIP’s OLA Energy achieves ‘‘record profits’’

The Libya Africa Investment Portfolio (LAIP) reported Thursday that its rebranded Ola Energies petrol stations subsidiary (formerly Oil Libya) achieve...

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