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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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currency devaluation

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Mar 6 Sami Zaptia

Cost of Minimum Expenditure Basket across Libya up 6.1 percent: Report

By Sami Zaptia.The cost of the Minimum Expenditure Basket across Libya has risen by 6.1 percent (Photo: Sami Zaptia)London, 6 March 2021:The cost of t...

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Feb 11 Sami Zaptia

Foreign exchange sales reached US$ 3 billion after new rate - helping solve liquidity problem

By Sami Zaptia.(Photo: Sami Zaptia).London, 11 February 2021: Musbah Al-Akkari, member of the Central Bank of Libya's influential Exchange Rate Adjust...

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Jan 17 Sami Zaptia

Most Tripoli bakeries close due to new exchange rate raising flour prices

By Sami Zaptia.Most Tripoli bakeries closed Saturday and Sunday citing flour price increases (Photo: Archives).London, 17 January 2021: Most bakeries...

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Jan 11 Sami Zaptia

Cash availability and cash withdrawal limits to rise within two weeks: CBL official

By Sami Zaptia.Liquidity and cash withdrawal limits should increase within the next two weeks (Photo: Sami Zaptia).London, 11 January 2021: A member o...

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Jan 4 Sami Zaptia

Tripoli government temporarily suspends foreign exchange sales surcharge

By Sami Zaptia.London, 4 January 2021: The Tripoli Libyan government yesterday suspended temporarily its decision (No. 1300/18) to impose a foreign ex...

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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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Sep 20 Sami Zaptia

Serraj PC/GNA sets currency tax at 183 percent, devalues dinar to LD 3.90 per dollar

By Sami Zaptia. The Faiez Serraj-led PC/GNA has effectively devalued the Libyan dinar by adding a 183 percent levy on foreign currency sales to Libyan...

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Libyan dinar to be devalued in parallel with other measures: Tarik Yousef, CBL board member
Dec 1 Sami Zaptia

Libyan dinar to be devalued in parallel with other measures: Tarik Yousef, CBL board member

By Sami Zaptia.Rome, 1 December 2017:The Central Bank of Libya (CBL) stepped in to fill an urgent need after the Libyan economy suffered two shocks in...

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Beida CBL Governor Hibri blames Tripoli CBL Governor for economic woes, says dinar should be devalued to LD 6 per dollar
Nov 18 Sami Zaptia

Beida CBL Governor Hibri blames Tripoli CBL Governor for economic woes, says dinar should be devalued to LD 6 per dollar

By Sami Zaptia.London, 18 November 2017:The Governor of the Beida-based Central Bank of Libya (CBL) Ali Hibri blames his Tripoli counterpart Saddek El...

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Economic crisis meeting makes wide-ranging recommendations, but CBL was absent from meeting
May 2 Sami Zaptia

Economic crisis meeting makes wide-ranging recommendations, but CBL was absent from meeting

By Sami Zaptia.London, 2 May 2017:The leading entities concerned with the Libyan economy, including Presidency Council head Faiez Serraj and western-b...

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