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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 regulation

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Mar 24 Sami Zaptia

Reassessment by UK financial sector will ensue after recent Libyan political progress: LBBC webinar

By Sami Zaptia.(Logo: LBBC).London, 24 March 2021:The Libyan British Business Council (LBBC) held a webinar entitled “Demystifying Banking and Insuran...

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GNU freezes spending of state investment funds and companies
Mar 13 Sami Zaptia

GNU freezes spending of state investment funds and companies

By Sami Zaptia.Aldabaiba started issuing decrees today after moving into the PM's Office (Photo: GNU).London, 13 March 2021:In its first decree (1/202...

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Oct 13 Sami Zaptia

Nuran bank ceases operations due to intimidation by clients whose bank transactions had been suspended by the Attorney General

By Sami Zaptia.London, 13 October 2020: Libya’s private sector, Nuran Bank, announced yesterday that it will suspend its banking services from today a...

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Aug 7 Sami Zaptia

Anti Money Laundering Committee discusses Libya’s forthcoming system assessment

By Sami Zaptia.(Logo: Tripoli CBL).London, 7 August 2020:Libya’s Anti Money Laundering and Terrorist Financing National Committee met on Wednesday at...

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Jul 10 Sami Zaptia

Libya’s banking system on verge of collapse: Leading Libyan banker

By Sami Zaptia.(Logo: LBBC).London, 10 July 2020:Speaking during a Libyan British Business Council (LBBC) webinar Wednesday on Libya’s banking system,...

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Wahda bank holds meeting to discuss recovering its debts
Jun 18 Sami Zaptia

Wahda bank holds meeting to discuss recovering its debts

By Sami Zaptia.London, 18 June 2020:Wahda bank reported that it held a meeting on 15 June of the Debt Departments and Credit Departments of its Bengha...

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Sep 22 Sami Zaptia

BCD receives licence for Islamic Finance Bank

By Sami Zaptia.The BCD has received a licence from the eastern CBL to launch an Islamic Finance Bank (Logo: BCD).London, 22 September 2019:The eastern...

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CBL adopts electronic KYC to distribute hard currency allowance
Aug 27 Sami Zaptia

CBL adopts electronic KYC to distribute hard currency allowance

By Sami Zaptia.London, 27 August 2019:The Tripoli-based Central Bank of Libya (CBL) has adopted an electronic Know Your Customer (e-KYC) system for th...

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CBL sacks Libyan Foreign Bank GM and board of directors, who refuse to abide by decision
Aug 17 Sami Zaptia

CBL sacks Libyan Foreign Bank GM and board of directors, who refuse to abide by decision

By Sami Zaptia.London, 17 August 2018:The Tripoli-based Central Bank of Libya (CBL), headed by Saddek Elkaber, sacked the General Manager of the Libya...

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May 17 Sami Zaptia

CBL warns that dealing in virtual currencies such as Bitcoin are illegal in Libya

By Sami Zaptia. (Logo: Tripoli CBL).London, 17 May 2018:The Tripoli-based Central Bank of Libya (CBL) has warned that ‘‘virtual currencies’’ such as B...

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