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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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Financial Auditing

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ESDF and subsidiary LIDCO hold meeting with KPMG to follow up on financial evaluation within ESDF's programme for subsidiary companies
Nov 20 Sami Zaptia

ESDF and subsidiary LIDCO hold meeting with KPMG to follow up on financial evaluation within ESDF's programme for subsidiary companies

The Libyan Investment and Development Company (LIDCO) reported today, that under the auspices of the Economic and Social Development Fund (ESDF), KPMG...

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Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits - change of CEO
Jan 6 Sami Zaptia

Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits - change of CEO

The Libyan Foreign Bank (LFB) announced yesterday its preliminary 2024 results which are awaiting external auditing. It said that for the first time i...

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LIA holds group annual forum
Nov 18 Sami Zaptia

LIA holds group annual forum

The Libyan Investment Authority (LIA) announced yesterday that it had organised its 2024 group Second Annual Forum.The forum dealt with the strategic...

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LIA announces completion of consolidated financial accounts
Dec 23 Sami Zaptia

LIA announces completion of consolidated financial accounts

The Libyan Investment Authority (LIA) announced last Thursday that it had successfully prepared its consolidated financial statements that include all...

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CBL Governor calls on Attorney General to stop continuous drain of inflated and mismanaged overseas state health costs
Oct 8 Sami Zaptia

CBL Governor calls on Attorney General to stop continuous drain of inflated and mismanaged overseas state health costs

The Governor of the Central Bank of Libya (CBL), Saddek El-Kaber, has called on the Attorney General, Sideeg Al-Sour, to stop the continuous drain on...

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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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Oct 31 Sami Zaptia

Libya will settle 20 to 25 percent of debts for health treatment abroad in Jordan and Turkey – provided new patients continue to be accepted

By Sami Zaptia.(Logo: Libya's Ministry of Health logo).Tripoli, 31 October 2021:Libya will pay its financial dues to health institutions in Jordan and...

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Jun 15 Sami Zaptia

Audit Bureau launches pilot system for inspecting local and overseas state-paid medical bills

By Sami Zaptia.The Audit Bureau has set up a system to monitor local and overseas state-paid medical treatment bills (Photo: Audit Bureau).London, 15...

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LIA assets valued at US$ 68 billion
May 7 Sami Zaptia

LIA assets valued at US$ 68 billion

By Sami Zaptia.London, 7 May 2021:  The final results of the assessment of the assets of the Libyan Investment Authority (LIA) for 2019 were US$ 68.4...

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LIA signs agreement with Ernst & Young to test its 2019 financial statements
Jan 12 Sami Zaptia

LIA signs agreement with Ernst & Young to test its 2019 financial statements

By Sami Zaptia.London, 12 January 2021: The Libyan Investment Authority (LIA) reported yesterday that it had on the same day signed a contract with Er...

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