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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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Foreign Currency Reserves

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CBL renews call on Economy Ministry to prohibit imports without payment through official bank transfers starting from 15 June
May 19 Sami Zaptia

CBL renews call on Economy Ministry to prohibit imports without payment through official bank transfers starting from 15 June

The Governor of the Central Bank of Libya (CBL), Naji Issa, addressed the Minister of Economy and Trade, Suhail Abu Shiha, in a letter dated 18 M...

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Libyan governments’ failure to provide necessary funds is leading to irregular oil production and hard currency earnings: NOC
Feb 26 Sami Zaptia

Libyan governments’ failure to provide necessary funds is leading to irregular oil production and hard currency earnings: NOC

Libya’s state National Oil Corporation (NOC) has demanded the country’s decision-making departments to provide funding for the maintenance of the oil...

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Oct 8 Sami Zaptia

CBL LD 20 bn loan to finance Libyan budget deficit up to end Q3

By Sami Zaptia.London, 8 October 2020: The Tripoli-based Central Bank of Libya (CBL) provided loans of up to LD 20.030 bn to finance Libya’s budget de...

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Apr 28 Sami Zaptia

Steady rise in US$ black market rate against dinar as Ramadan nears

By Sami Zaptia.The black market exchange rate of the US dollar has continued to rise in April (Photo: CBL)London, 28 April 2016:The black market excha...

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Feb 7 Michel Cousins

Public sector wages bill 31percent over budget in 2015

By Libya Herald reporter.Tunis, 7 February 2016:Salaries paid by the Central Bank of Libya (CBL) in 2015 to state sector employees were a third over w...

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Jan 13 Sami Zaptia

CBL introduces new stringent internal and external restrictions on opening of LCs

By Sami Zaptia.The CBL has introduced new stringent restrictions on opening LCs (Logo: CBL).London, 13 January 2016:The Tripoli-based Central Bank of...

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Jan 13 Sami Zaptia

CBL halves hard currency debit card withdrawal ceiling

By Sami Zaptia. The CBL has reduced debit card maximum ceilings down by half to US$ 5,000 per annum (Photo: Aman bank)Tunis, 13 January 2016:The Centr...

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Dec 6 Sami Zaptia

Transfers to Tunisia must be in Tunisian Dinars: CBL

By Libya Herald reporter.The CBL has issued new directive today to all local Libyan banks that all LCs and transfers to Tunisia must be in Tunisian Di...

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Sep 22 Sami Zaptia

AGOCO warns it may cut salaries due to slashed budget

By Libya Herald reporter.AGOCO warns it may have to cut salaries for the rest of the year due to budget cuts.Malta, 22 September 2015:Libyan state-own...

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May 18 Sami Zaptia

Letter of Credit import ban on 32 items by Tripoli authorities

By Libya Herald reporter.The Tripoli authorities are freezing the import of 32 items through letters of credit for 6 months,Tunis, 18 May 2015:The Tri...

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