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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 Crisis

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Apr 18 Sami Zaptia

CBL grants LD 5 bn loan to commercial banks to ease clearance and liquidity crisis

By Sami Zaptia.(Logo: Tripoli CBL).London, 18 April 2021:The Central Bank of Libya (CBL) granted Libyan commercial banks today a loan of LD 5 billion...

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HoR members to hold Tripoli meeting with Serraj and PC to discuss Libya’s financial problems
Apr 28 Sami Zaptia

HoR members to hold Tripoli meeting with Serraj and PC to discuss Libya’s financial problems

By Sami Zaptia. London, 29 April 2017:A number of members of the House of Representatives will meet with Faiez Serraj and members of his Presidency Co...

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Apr 28 Sami Zaptia

Libya’s business community to meet in an attempt to offer solutions to its economic problems

By Sami Zaptia.London, 28 April 2017:Libya’s business community has announced that it is to hold a meeting in an attempt to launch a national initiati...

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Apr 3 Michel Cousins

Central Bank of Libya pours scorn on strike call

By Libya Herald reporter. Saddek Elkaber (file photo)Tripoli, 3 April 2017:The Central Bank of Libya (CBL) has rebuffed calls for a strike tomorrow a...

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Misrata TV forced off air over finance problems
Dec 19 Michel Cousins

Misrata TV forced off air over finance problems

By Libya Herald reporter.Misrata, 19 December 2016:Misrata TV stopped broadcasting yesterday because of financial problems. In a statement on its Face...

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Aug 2 Sami Zaptia

CBL reveals 56 attacks on branches of 11 different Libyan banks between 2012 to 2016

By Sami Zaptia.Tripoli CBL has revealed 56 attacks on banks between 2012 to 2016 (Logo: Tripoli CBL).London, 2 August 2016:The Central Bank of Libya (...

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Demonstrators blame Tripoli CBL Governor for Libya's economic woes
Mar 15 Sami Zaptia

Demonstrators blame Tripoli CBL Governor for Libya's economic woes

By Sami Zaptia.Demonstrators outside the Tripoli CBL accuse its Governor of being complicit in Libya's economic problems(Photo: Social media).London,...

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Oct 22 Sami Zaptia

CBL report warns of financial ‘’suicide’’ if there is no political ‘’consensus’’

By Sami Zaptia.The CBL warns in its 2015 Q3 report of financial suicide if there is no political consensus.London, 22 October 2015:The Tripoli-based C...

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Jun 7 Emad

Libya loses US$ 30 bn oil revenues due to oil blockades since August 2013

Libya Herald staff.Tripoli, 7 June 2014:Libya has lost US$ 30 bn in oil revenues due to the political blockades of its oil ports and various other ind...

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Ministry of Economy discusses financial crisis in Misrata meeting
Nov 28 thomwestcott

Ministry of Economy discusses financial crisis in Misrata meeting

By Taher Zaroog.Misrata, 28 November 2013:The Ministry of Economy has held a meeting in Misrata with the Ministry's representatives in towns and citie...

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