Jan 7 Michel Cousins

Dinar note hand-in extended

Tripoli, 6 January 2013:The Libyan Central Bank has extended the deadline for accepting the old, large-size, five and ten dinar notes.  The bank notes...

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Nov 5 Nigel Ash

The Central Bank and Islamic banking plans

The Central Bank of Libya is continuing to work on plans for the introduction of Sharia-compliant banking within the Libyan financial sector.A consult...

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Employees want Islamic banking
Oct 20 Michel Cousins

Employees want Islamic banking

Benghazi, 20 October:A number of employees of the Sahara Bank in Benghazi held a demonstration today outside the bank to protest against its use of in...

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Canada may still have some Qaddafi-era assets
Jul 17 Nigel Ash

Canada may still have some Qaddafi-era assets

by Hadi Fornaji. Tripoli, 17 July:The Canadian government seized some $2.2 billion of Libyan assets held by members of the Qaddafi regime in their co...

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Time for the Central Bank of Libya to get its house in order
Jun 27 George Grant

Time for the Central Bank of Libya to get its house in order

By Motasim Elalem.Tripoli, 28 June:Since his appointment last year, Libya's Central Bank governor Sadek Kabeer has been accused of many things. How ir...

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May 10 Sami Zaptia

Central Bank of Libya removes cash deposit condition for bank transfers

By Sami Zaptia.Tripoli, 10 May:The Central Bank of Libya (CBL) has sent this week a circular to all banks in Libya dated 15 April and signed by its he...

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Apr 21 Sami Zaptia

Tax filing deadlines extended in Libya to 31 December 2012

Tripoli, 21 April:Financial consultants Deloitte Middle East report that because of the practical problems companies operating in Libya have had in me...

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Apr 4 Michel Cousins

Libyan arrested at Istanbul airport with $2.5m in cash

Tripoli, April 4: Turkish security forces at Istanbul’s Ataturk International Airport arrested a 33-year old Libyan following the discovery of $2.5 mi...

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