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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

Currency Speculation

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CBL loosens foreign currency controls - including permitting cash dollar deposits and transfer
Apr 29 Sami Zaptia

CBL loosens foreign currency controls - including permitting cash dollar deposits and transfer

According to a leaked letter, directed to all General Managers of banks operating in Libya, dated 28 April, the Central Bank of Libya (CBL) has i...

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Rethinking the Central Bank’s Policy: Why Weekly Dollar Auctions Are the Key to Defeating Speculators - Husni Bey
Nov 13 Sami Zaptia

Rethinking the Central Bank’s Policy: Why Weekly Dollar Auctions Are the Key to Defeating Speculators - Husni Bey

Leading Libyan businessman and regular economic commentator and critic, Husni Bey, had criticized since 1982 the Central Bank of Libya’s (CBL) past an...

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Libya needs transparent reforms - Deposit Certificates & dollar auctions to restore fairness, stability, and confidence in Dinar: H Bey
Sep 30 Sami Zaptia

Libya needs transparent reforms - Deposit Certificates & dollar auctions to restore fairness, stability, and confidence in Dinar: H Bey

With the background of the weakening Libyan dinar with its high black-market exchange rate and the Central Bank of Libya’s efforts to stabilise it by...

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CBL launches Certificates of Deposits worth LD 15 billion - from October to December 2025
Sep 27 Sami Zaptia

CBL launches Certificates of Deposits worth LD 15 billion - from October to December 2025

The Central Bank of Libya (CBL) announced last Thursday (25 September) the launch of Certificates of Deposit worth 15 billion dinars, starting from Oc...

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Ministry of Economy warns against currency speculation
Jul 1 Sami Zaptia

Ministry of Economy warns against currency speculation

The Tripoli based Libyan Ministry of Economy and Trade warned all in Libyan against currency speculation or buying foreign currencies for non-producti...

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Black market dollar deals “haram” say eastern sharia officials
Apr 19 Michel Cousins

Black market dollar deals “haram” say eastern sharia officials

By Libya Herald reporters.Tripoli/Benghazi, 19 April 2017:The fatwa authorities in Beida recognised by the interim government of Abdullah Al-Thinni ba...

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Mar 18 Sami Zaptia

AB publishes names of top 74 individuals in NCB Visa debit card corruption

By Sami Zaptia.The Audit Bureau names top 74 in NCB Visa debit card corruption (Photo: NCB).London, 18 March 2016:The Audit Bureau has published a ‘’s...

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Aug 27 Nigel Ash

CBL launches crackdown on FX credit card fraud

By Saber Ayyub.  The CBL wants to crack down on credit card fraud (File photo)Tripoli, 27 August 2015:Libyan bank executives were summoned to the Cent...

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Jul 22 Michel Cousins

Ghariani rails against credit cards

By Ajnadin Mustafa.Tripol, 22 July 2015:Sheikh Sadek Al-Ghariani, still accepted as Grand Mufti by the Libya Dawn regime in Tripoli, has again venture...

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