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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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Economic Governance

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Presidency Council Head commits to transparency, disclosure, oversight - cutting off system of bribery, brokerage, and unregulated spending
Jan 31 Sami Zaptia

Presidency Council Head commits to transparency, disclosure, oversight - cutting off system of bribery, brokerage, and unregulated spending

In his address during his visit to the city of Zawia last Thursday (29 January), Presidency Council Head Mohamed Menfi stated: - Libya’s Oil is a nat...

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Aldabaiba calls on CBL to ensure full transparency in financial statements related to foreign exchange
Mar 13 Sami Zaptia

Aldabaiba calls on CBL to ensure full transparency in financial statements related to foreign exchange

‎In a widely leaked official letter to the Governor of the Central Bank of Libya (CBL), Naji Issa, the Tripoli based Libyan Prime Minister, Abel Hamid...

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UNSMIL welcomes HoR’s appointment of consensual CBL Board of Directors‎
Oct 22 Sami Zaptia

UNSMIL welcomes HoR’s appointment of consensual CBL Board of Directors‎

The United Nations Support Mission in Libya (UNSMIL) yesterday welcomed the appointment of the Board of Directors of the Central Bank of Libya (CBL) p...

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UNSMIL and Economic Working Group discuss advancing CBL reforms
Feb 20 Sami Zaptia

UNSMIL and Economic Working Group discuss advancing CBL reforms

SRSG / UNSMIL head Abdoulaye Bathily co-chaired the Libya Economic Working Group (EWG) alongside Egypt, the EU and USA yesterday.He reported that the...

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CBL published data receives strong criticism: data has systematic shortcomings and reveals procedural violations
Jan 9 Sami Zaptia

CBL published data receives strong criticism: data has systematic shortcomings and reveals procedural violations

The Central Bank of Libya (CBL) published on 4 January on its website its data on the Libyan government’s revenues and spending for 2022.The data had...

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Central Bank of Libya, west and east, exchange accusations on liquidity
Jun 29 Sami Zaptia

Central Bank of Libya, west and east, exchange accusations on liquidity

The western and eastern Central Bank of Libya (CBL) branches have exchanged accusations on the causes of the liquidity crisis in the east.The eastern...

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Mar 16 Nigel Ash

Fired CBL governor sees German ambassador

By Jamie Prentis. Fired CBL governor Saddek Elkaber has not quit his office (file photo)Tunis, 16 March 2017:Despite finally loosing his court battle...

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Jul 31 Sami Zaptia

Audit Bureau condemns CBL and GNA for waste of Ramadan crisis public funds

By Sami Zaptia.The Tripoli-based Audit Bureau condemned the CBL and the PC/GNA for wasting money aimed at mitigating the high prices, bank cash shorta...

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May 25 Newsdesk2

GNC approves its version of the 2015 budget

By Libya Herald staff.Tripoli, 25 May 2015:The Tripoli-based continuing General National Congress (GNC) adopted a budget for 2015 that will provide fo...

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USLBA provides input on Audit Bureau Strategic Plan
Jul 19 Newsdesk1

USLBA provides input on Audit Bureau Strategic Plan

By Libya Herald staff.Tripoli, 19 July 2014:In response to the Libyan Audit Bureau’s request for comments on its five-year Strategic plan, US-Libya Bu...

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