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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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Concealed spat between Tripoli PM and Central Bank Governor goes public
Feb 29 Sami Zaptia

Concealed spat between Tripoli PM and Central Bank Governor goes public

The widely known secret of the spat between the Tripoli based Libyan prime minister, Abd Alhamid Aldabaiba, and the Central Bank of Libya Governor, Sa...

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CBL Governor emphasises support for NOC’s agreed increased productivity plans and on transparency and disclosure
Jan 28 Sami Zaptia

CBL Governor emphasises support for NOC’s agreed increased productivity plans and on transparency and disclosure

Central Bank of Libya (CBL) Governor, Saddek El-Kaber, met in his Tripoli headquarters today with National Oil Corporation (NOC) chairman, Farhat Beng...

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Libya loses about US$ 12 billion annually in smuggled subsidies: Aldabaiba
Jan 18 Sami Zaptia

Libya loses about US$ 12 billion annually in smuggled subsidies: Aldabaiba

During his meeting with the (elected) Local Chiefs of Libya, Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, said Libya loses about LD 60...

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Decision to remove fuel subsidies has been taken: PM Aldabaiba
Jan 10 Sami Zaptia

Decision to remove fuel subsidies has been taken: PM Aldabaiba

“I believe that the government’s decision to lift fuel subsidies has been taken, and there is no going back’’, Tripoli based Libyan Prime Minister Abd...

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Tax Authority reports record revenues of LD 3.17 bn in 2023
Jan 5 Sami Zaptia

Tax Authority reports record revenues of LD 3.17 bn in 2023

The Libyan Tax Authority announced Thursday that it has achieved the highest annual revenues in its history in 2023. It reported that it had earnt tot...

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Non-oil revenues registered LD 2.14 bn in 2022 – up 0.56 bn on 2021 figures: Tax Authority
Nov 17 Sami Zaptia

Non-oil revenues registered LD 2.14 bn in 2022 – up 0.56 bn on 2021 figures: Tax Authority

The Tax Authority stated in its latest report that non-oil tax revenues, up to September 2023, were LD 2.14 bn. These figures represent a rise of LD 0...

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At Gharian cabinet meeting, Aldabaiba explains fall in black-market value of dinar and resounds alarm over fuel subsidies
Nov 11 Sami Zaptia

At Gharian cabinet meeting, Aldabaiba explains fall in black-market value of dinar and resounds alarm over fuel subsidies

The most prominent points in the speech of Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba at the ninth regular cabinet meeting of 2023 held...

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Ministry of Economy and Trade discusses implementation of the economic diversification strategy
Apr 11 Sami Zaptia

Ministry of Economy and Trade discusses implementation of the economic diversification strategy

The Minister of Economy and Trade, Mohamed Hwej, headed a meeting at his ministry yesterday to discuss the ministry's follow up of the performance of...

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PPP conference to be held in Benghazi from 25 to 26 February
Feb 22 Sami Zaptia

PPP conference to be held in Benghazi from 25 to 26 February

A conference will be held on Private Public Partnership in Benghazi from 25-26 February under the banner ‘‘Encouraging the private sector in partnersh...

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UNSMIL and Economic Working Group discuss advancing CBL reforms
Feb 20 Sami Zaptia

UNSMIL and Economic Working Group discuss advancing CBL reforms

SRSG / UNSMIL head Abdoulaye Bathily co-chaired the Libya Economic Working Group (EWG) alongside Egypt, the EU and USA yesterday.He reported that the...

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