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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 Exchange

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Numisma Bank pledges to supply record amounts of cash dollars to the Central Bank of Libya in its Second Phase of cash injection to the Libyan market
May 17 Sami Zaptia

Numisma Bank pledges to supply record amounts of cash dollars to the Central Bank of Libya in its Second Phase of cash injection to the Libyan market

The Central Bank of Libya (CBL) reported today that Numisma Bank pledged to supply record amounts of cash dollars to it in its Second Phase of ca...

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Car importers granted LCs are overcharging consumers by 60 percent – Economy Ministry to take corrective action
Jan 26 Sami Zaptia

Car importers granted LCs are overcharging consumers by 60 percent – Economy Ministry to take corrective action

The Ministry of Economy and Trade stated yesterday (in its Clarification Statement no. 2/2026) that the volume of letters of credit granted recently f...

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CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems
Dec 24 Sami Zaptia

CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems

The Governor of the Central Bank of Libya (CBL), Naji Issa, has authorised banks, exchange companies, and offices to begin taking the necessary steps...

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CBL issues new licenses to another 91 FX Bureaux – but no announcement of when they may start trading as the LD plunges to 8.17 per dollar
Dec 9 Sami Zaptia

CBL issues new licenses to another 91 FX Bureaux – but no announcement of when they may start trading as the LD plunges to 8.17 per dollar

‎The Central Bank of Libya (CBL) announced today the granting of new final practice permits to 91 companies and foreign exchange bureaux. The announc...

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The official dollar exchange rate cannot be reduced as long as government spending exceeds revenues: Businessman ‎Husni Bey
Mar 6 Sami Zaptia

The official dollar exchange rate cannot be reduced as long as government spending exceeds revenues: Businessman ‎Husni Bey

‎Every year, in and around the fasting month of Ramadan (which started on 1 March), the subject of the low purchasing power of Libyan citizens, the hi...

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Jan 22 Sami Zaptia

Cost of living continues to rise, liquidity problem persists: Libya market report

By Sami Zaptia.(Photo: Sami Zaptia).London, 22 January 2021: The cost of the Minimum Expenditure Basket (MEB) across Libya rose by 1.3% (LD 9.54) to L...

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Jan 4 Sami Zaptia

Misrata Free Zone temporarily postpones charging ships in hard currency

By Sami Zaptia.(Photo: Misrata Free Zone).London, 4 January 2021: Misrata Free Zone announced last Thursday (31 December) that it has temporarily post...

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Libya's economic reforms have been successful
Nov 24 Sami Zaptia

Libya's economic reforms have been successful

By Sami Zaptia. Rome, 23 November 2018:Libya has three interrelated challenges, and these challenges are in the political, security and economic sph...

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Tripoli Ministry of Health to issue hard currency debit cards to foreign health workers
Jan 28 Sami Zaptia

Tripoli Ministry of Health to issue hard currency debit cards to foreign health workers

By Sami Zaptia.London, 28 January 2018:The Tripoli-based Ministry of Health, part of the internationally-recognized Presidency Council and Government...

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Apr 17 Sami Zaptia

Credit and Development bank chairman calls on CBL to float Libyan Dinar

By Sami Zaptia.The C&D bank chairman calls on the CBL to float the Libyan Dinar (Photo: Sami Zaptia).London. 17 April 2017:One of the leading Liby...

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