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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 stability

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CBL welcomes signing of Unified Development Agreement between HoR & High State Council: important step towards strengthening financial stability and unifying development efforts
Nov 18 Sami Zaptia

CBL welcomes signing of Unified Development Agreement between HoR & High State Council: important step towards strengthening financial stability and unifying development efforts

The Central Bank of Libya (CBL) today welcomed the signing of the Unified Development Programme Agreement between the House of Representatives and the...

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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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Aldabaiba rejects continued spending by eastern Libya government outside the legal budget
Jun 4 Sami Zaptia

Aldabaiba rejects continued spending by eastern Libya government outside the legal budget

‎Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, rejected any parallel paths of public spending outside the legal frameworks. Aldabaiba w...

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Op-Ed: Government over-spending to lead to economic and political stability or bankruptcy and a devalued dinar?
Mar 10 Sami Zaptia

Op-Ed: Government over-spending to lead to economic and political stability or bankruptcy and a devalued dinar?

Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, issued Circular No. (2) of 2025, today which included ‘‘a set of controls and procedures a...

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EU hosts Berlin Process Economic Working Group Co-Chairs in Tripoli: Economic stability and a unified budget discussed
Dec 18 Sami Zaptia

EU hosts Berlin Process Economic Working Group Co-Chairs in Tripoli: Economic stability and a unified budget discussed

The EU Ambassador to Libya, Nicola Orlando, announced yesterday that the EU Delegation in Libya hosted the Berlin Process Economic Working Group Co-Ch...

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Libya's oil production exceeds 1.4 million barrels per day – the highest since 2013
Dec 3 Sami Zaptia

Libya's oil production exceeds 1.4 million barrels per day – the highest since 2013

Libya's state National Oil Corporation (NOC) reported today that production of crude oil and condensate exceeded 1.4 million barrels per day (bpd) thi...

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HoR names CBL Board members – CBL Governor welcomes the announcement
Oct 21 Sami Zaptia

HoR names CBL Board members – CBL Governor welcomes the announcement

Libya’s parliament, the House of Representatives (HoR), today named the six members of the Board of the Central Bank of Libya (CBL).The six members ar...

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UNSMIL deeply concerned over the deteriorating situation in Libya resulting from unilateral decisions
Aug 27 Sami Zaptia

UNSMIL deeply concerned over the deteriorating situation in Libya resulting from unilateral decisions

In a statement issued yesterday, the United Nations Support Mission in Libya (UNSMIL) expressed its deep concern over the deteriorating situation in...

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NSEDB holds timely conference on ‘‘Exchange Rate Fluctuations and their Effects on Economic Variables’’
Mar 20 Sami Zaptia

NSEDB holds timely conference on ‘‘Exchange Rate Fluctuations and their Effects on Economic Variables’’

The National Social and Economic Development Board (NSEDB) held a timely conference at its Tripoli headquarters yesterday on ‘‘Exchange Rate Fluctuati...

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Apr 24 Sami Zaptia

UNSMIL expresses concern over oil shutdowns

By Sami Zaptia.London, 24 April 2021:UNSMIL expressed its concern regarding the recent shutdown in oil production at Marsa al-Hariga and indications t...

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