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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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Digital Payments

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CBL orders government entities from 1 August to receive payment for services from citizens electronically
Jul 16 Sami Zaptia

CBL orders government entities from 1 August to receive payment for services from citizens electronically

‎In a widely leaked Central Bank of Libya (CBL) circular published Monday (14 July) on Libyan Arabic media sites, the Governor of the Central Bank of...

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Forcing e-payment service providers to provide services at low commissions can have many intended or unintended consequences: leading Fintech and Bank chairman
Mar 11 Sami Zaptia

Forcing e-payment service providers to provide services at low commissions can have many intended or unintended consequences: leading Fintech and Bank chairman

Forcing e-payment service providers to provide services at low fees can have many consequences, whether intentional or unintentional, the Chairman of...

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Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker
Jan 12 Sami Zaptia

Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker

Despite the ''more than excellent'' numbers achieved by local banks by the end of 2024 regarding electronic services, Libya needs around 200,000 to 25...

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CBL reduces POS e-payment charges to 1 and 1.5 percent from 3.75 percent
Nov 19 Sami Zaptia

CBL reduces POS e-payment charges to 1 and 1.5 percent from 3.75 percent

The Central Bank of Libya (CBL) announced today that its state National Switch operator, Moamalat Financial Services Company, will be reducing commiss...

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Libyan Banks Forum launched in Tripoli: 13-14 October
Oct 14 Sami Zaptia

Libyan Banks Forum launched in Tripoli: 13-14 October

‎The two-day Second Libyan Banks Forum (13 to 14 October) opened at a Tripoli hotel yesterday. The forum is organised by the Union of Libyan Banks and...

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Central Bank of Libya announces launch of LYPAY – an interbank instant payment service
Aug 4 Sami Zaptia

Central Bank of Libya announces launch of LYPAY – an interbank instant payment service

The Central Bank of Libya (CBL) announced the launch of LYPAY, planned to be the leading interbank instant payment service, it said.‎The service allow...

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CBL National Payments Council sets ambitious digitising bank targets for April
Mar 2 Sami Zaptia

CBL National Payments Council sets ambitious digitising bank targets for April

The Central Bank of Libya (CBL) reported that at the second 2023 meeting of its National Payments Council today, headed by CBL Governor Saddek El-Kabe...

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ATMs and e-payments in Libyan shops and businesses set to grow
Dec 2 Michel Cousins

ATMs and e-payments in Libyan shops and businesses set to grow

Libya is still a traditional cash-driven economy. ATMs are relatively few in number; those that work even fewer. It is the same with electronic points...

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4th Banking Sector Development Forum to be held in Tripoli in October 2022
Jul 13 Sami Zaptia

4th Banking Sector Development Forum to be held in Tripoli in October 2022

The 4th Banking Sector Development Forum will be held in Tripoli this coming October, organisers the Sector Development Forum (SDF) informed Libya Her...

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Libya E-Commerce Exhibition, Tripoli 1 to 3 August
Jun 9 Sami Zaptia

Libya E-Commerce Exhibition, Tripoli 1 to 3 August

The second Libya e-Commerce Exhibition will be held from 1 to 3 August at the Tripoli International Fairgrounds.The organisers say the exhibition aims...

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