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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 Policy

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CBL and ACA working committee to work on economic reforms – including elusive and politically challenging unified budget
Apr 29 Sami Zaptia

CBL and ACA working committee to work on economic reforms – including elusive and politically challenging unified budget

A joint working group is to be formed between the Central Bank of Libya (CBL) and the Administrative Control Authority (ACA) to implement their recomm...

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Libya's economic outlook uncertain due to: domestic political instability, oil price volatility, intensifying regional conflicts, and deepening geo-economic fragmentation.
Apr 17 Sami Zaptia

Libya's economic outlook uncertain due to: domestic political instability, oil price volatility, intensifying regional conflicts, and deepening geo-economic fragmentation.

In its Staff Concluding Statement of the 2025 Article IV Mission to Libya released yesterday, the IMF said: The dispute over the leadership of the...

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Aldabaiba calls for international stance against East's uncontrolled spending
Apr 16 Sami Zaptia

Aldabaiba calls for international stance against East's uncontrolled spending

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, met on Tuesday with the European Union Ambassador to Libya, Nicola Orlando, to discuss sev...

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Aldabaiba defends his government’s economic and spending policy – accuses CBL, Attorney General, Hafter and Saleh of causing the problems
Apr 9 Sami Zaptia

Aldabaiba defends his government’s economic and spending policy – accuses CBL, Attorney General, Hafter and Saleh of causing the problems

During the First Ordinary Cabinet Meeting for 2025 held yesterday in Tripoli at the Victory Forest Halls Complex (Rixos Complex), Tripoli based Libyan...

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Future of the value of the Libyan dinar against the dollar is not reassuring under current circumstances: Former CBL Governor Jehaimi
Apr 4 Sami Zaptia

Future of the value of the Libyan dinar against the dollar is not reassuring under current circumstances: Former CBL Governor Jehaimi

‎Former Governor of the Central Bank of Libya (CBL), Taher Al-Jehaimi, said the future of the value of the Libyan dinar against the U.S. dollar is not...

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Op-Ed: Government over-spending to lead to economic and political stability or bankruptcy and a devalued dinar?
Mar 10 Sami Zaptia

Op-Ed: Government over-spending to lead to economic and political stability or bankruptcy and a devalued dinar?

Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, issued Circular No. (2) of 2025, today which included ‘‘a set of controls and procedures a...

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Tripoli government seeking to rationalise public spending on official events
Mar 10 Sami Zaptia

Tripoli government seeking to rationalise public spending on official events

‎Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, issued Circular No. (2) of 2025, today which includes a set of controls and procedures ai...

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CBL’s latest revenues and spending data reveals a dinar surplus but a dollar deficit
Mar 7 Sami Zaptia

CBL’s latest revenues and spending data reveals a dinar surplus but a dollar deficit

The Central Bank of Libya (CBL) yesterday released the latest data for the country’s revenues and spending from 1 January to 28 February 2025. Accordi...

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UNSMIL organises consultations on Libyan economy
Feb 15 Sami Zaptia

UNSMIL organises consultations on Libyan economy

UNSMIL reported today that on 10 and 11 February it organised and facilitated initial consultations with 14 Libyan financial and economic experts from...

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UNSMIL calls for work to start on a unified Libyan budget - without delay
Feb 5 Sami Zaptia

UNSMIL calls for work to start on a unified Libyan budget - without delay

UNSMIL has today called on all the conflicting Libyan parties to start work immediately on agreeing on a unified state budget.The UNSMIL statement rea...

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