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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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Fiscal Deficit

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CBL reveals Libya’s state revenues and expenditures up to Q3 of 2017
Oct 2 Sami Zaptia

CBL reveals Libya’s state revenues and expenditures up to Q3 of 2017

By Sami Zaptia.London, 2 October 2017:The Central Bank of Libya (CBL) has released the latest figures for the Libyan economy covering the period 01/01...

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Libya’s revenues, oil production and foreign reserves down, deficit up: Audit Bureau 2016 Annual Report
May 1 Sami Zaptia

Libya’s revenues, oil production and foreign reserves down, deficit up: Audit Bureau 2016 Annual Report

By Sami Zaptia.The Tripoli-based Audit Bureau says in its 2016 Annual Report that Libya recorded its lowest state revenues in 2016 - the lowest in  it...

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Elkaber's much-awaited press conference offers no new solutions
Apr 23 Sami Zaptia

Elkaber's much-awaited press conference offers no new solutions

By Libya Herald reporters.Tripoli, 23 April 2017:The governor of Central Bank of Libya (CBL) Saddek Elkaber said that the main reasons behind Libya's...

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Apr 6 Sami Zaptia

GNA reports 30 percent shortfall in Q1 state revenues

By Sami Zaptia.The Faiez Serraj GNA Ministry of Finance has revealed a 30 percent shortfall in state revenues for Q1 2017.London, 6 April 2017:The Tri...

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World Bank paints gloomy Libyan economic picture
Oct 20 Nigel Ash

World Bank paints gloomy Libyan economic picture

By Libya Herald reporters.Tripoli, 20 October 2016:The World Bank’s latest report on Libya could hardly be more gloomy. Everyone, including the govern...

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Libyan economy is near collapse: World Bank
Oct 11 Sami Zaptia

Libyan economy is near collapse: World Bank

By Sami Zaptia.London, 11 October 2016: ‘’The Libyan economy is near collapse as political stalemate and civil conflict prevent it from fully exploiti...

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Audit Bureau 2015 report paints grim picture of Libyan economy
Apr 22 Sami Zaptia

Audit Bureau 2015 report paints grim picture of Libyan economy

By Sami Zaptia.London, 22 April 2016:The Tripoli-based Libyan Audit Bureau painted a very grim picture of the status of the Libyan economy in its 565...

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World Bank optimistic Libya report based on stability and increased oil production
Apr 21 Sami Zaptia

World Bank optimistic Libya report based on stability and increased oil production

By Libya Herald report.London, 21 April 2016:‘‘The latest MENA Economic Monitor Report - Spring 2016, expects Libya’s fiscal and current account defic...

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Dec 21 Sami Zaptia

Latest CBL financial report shows continued cuts in spending

 By Sami Zaptia.(Photo: Sami Zaptia).London, 21 December 2015:The Central Bank of Libya (CBL) has reported that it has achieved further cuts across th...

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Dec 21 Sami Zaptia

Effective and decisive action must be taken to avoid danger: CBL

By Sami Zaptia.London, 21 December 2015:The Central Bank of Libya (CBL) has reported that it has achieved further cuts across the board in state spend...

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