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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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Dec 18 Sami Zaptia

Libya could run out of foreign reserves by 2019: IMF

By Sami Zaptia.Tunis, 18 December 2015:The IMF has warned that Libya could run out of foreign currency reserves by 2019 if its revenues and spending r...

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Nov 1 Sami Zaptia

Libya will not go bankrupt if reforms and austerity implemented: CBL Governor Hibri

By Libya Herald reporter.Beida-based CBL Governor, Ali Salem Hibri does not think Libya will go bankrupt if it implements reforms (Archive photo: Sami...

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Oct 22 Sami Zaptia

CBL reveals decreased spending, hard currency depletion and Q3 2015 deficit

By Sami Zaptia.The CBL reveals decreases in state spending, state-salaries, subsidies, deficit and hard currency depletion in the Q3 2015 report relea...

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Sep 3 Sami Zaptia

Tripoli-based Audit Bureau reveals further bank corruption

By Libya Herald reporter.Malta, 3 September 2015:The Audit Bureau has revealed further evidence of corruption by local commercial Libyan banks. The Tr...

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Aug 31 Sami Zaptia

CBL reveals state revenues and spending up to 31 July 2015, warns of need to increase oil exports

By Libya Herald reporter.Malta, 31 August 2015:The Tripoli-based Central Bank of Libya (CBL) released figures for Libya’s financial status up to the e...

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Jun 23 Sami Zaptia

HoR passes LD 41 bn 2015 budget

By Libya Herald reporter.Tunis, 23 June 2014:The House of Representatives (HoR) today passed the 2015 budget.The 2015 budget totalled LD 41 bn but is...

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May 25 Sami Zaptia

Subsidy reform: petrol prices to be increased by 200%

By Libya Herald editor.Tunis, 25 May 2015:The Tripoli authorities announced on Sunday that as part of the reform of Libya’s subsidy system to be intro...

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May 2 Sami Zaptia

Division and military operations leading to lack of work, unproductivity and total economic paralyses: Audit Bureau

By Libya Herald reporter.Tunis, 2 May 2014:The Audit Bureau has sounded the alarm bells warning of dangerous indicators, economic disasters, an econom...

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May 1 Sami Zaptia

Libya could be forced into taking un-Islamic interest-bearing loans: Audit Bureau

By Libya Herald reporter:The Audit Bureau has released its annual 2014 report.Tunis, 2 May 2015:Libya could be forced into taking un-Islamic interest-...

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May 1 Sami Zaptia

Audit Bureau 2014 report warns of rising deficit and inflation and Libyan dinar devaluation

By Libya Herald reporter: Tunis, 1 May 2015:In its 2014 report, the Libyan Audit Bureau has warned that there is a danger that the Libyan dinar m...

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