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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 exchange

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Two Courts rule to suspend controversial 27 percent tax on the sale of foreign currency
Apr 25 Sami Zaptia

Two Courts rule to suspend controversial 27 percent tax on the sale of foreign currency

Two courts ruled over the last 24 hours to suspend the controversial 27 percent tax on the sale of foreign currency demanded by the Central Bank of Li...

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Economy Minister Hwej meets committee to determine the gap between supply and demand for foreign currency and strengthen the Libyan dinar
Nov 29 Sami Zaptia

Economy Minister Hwej meets committee to determine the gap between supply and demand for foreign currency and strengthen the Libyan dinar

The Minister of Economy and Trade, Mohamed Al-Hwej, held a meeting at the Ministry’s Tripoli headquarters with members of the committee he chairs char...

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Libyan dinar falls to 6.27 per dollar, recovers to 5.61 today
Nov 9 Sami Zaptia

Libyan dinar falls to 6.27 per dollar, recovers to 5.61 today

The Libyan dinar recovered some of its value in the black/parallel market against the major hard currencies Wednesday after steady losses over the las...

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CBL monthly statistics reveal a foreign exchange deficit of US$ 10.9 billion
Nov 9 Sami Zaptia

CBL monthly statistics reveal a foreign exchange deficit of US$ 10.9 billion

The Central Bank of Libya revealed in its monthly statistical statement that Libya’s total revenues reached 96 billion dinars from the beginning of th...

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CBL latest data shows US$ 9.9 billion deficit in foreign exchange
Oct 7 Sami Zaptia

CBL latest data shows US$ 9.9 billion deficit in foreign exchange

In its latest monthly data release of 3 October, the Central Bank of Libya said that Libya’s total revenues in the first 9 months of this year amounte...

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CBL publishes latest revenues and spending figures from 1 January to 31 August 2023
Sep 7 Sami Zaptia

CBL publishes latest revenues and spending figures from 1 January to 31 August 2023

The latest Central Bank of Libya bulletin shows that Libya’s total revenues were 78.2 billion dinars and expenses amounted to 68.3 billion dinars, lea...

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CBL launches pre-loaded US$ 100,000 debit card for small business
Feb 25 Sami Zaptia

CBL launches pre-loaded US$ 100,000 debit card for small business

To facilitate and encourage small merchants ((owners of individual licenses)) and industrial and service companies, the Central Bank of Libya (CBL) an...

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Jan 4 Sami Zaptia

Tripoli government temporarily suspends foreign exchange sales surcharge

By Sami Zaptia.London, 4 January 2021: The Tripoli Libyan government yesterday suspended temporarily its decision (No. 1300/18) to impose a foreign ex...

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Dec 10 Sami Zaptia

Libyan Ports to charge ships in hard currency for some services

By Sami Zaptia.London, 10 December 2020: The Libyan Ports Company (LPC) will start charging ships at Libyan ports for some services in hard currency (...

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Aug 17 Sami Zaptia

Tripoli Finance Minister says Tripoli CBL is using monetary policy incorrectly

By Sami Zaptia.Libya's internationally recognized Finance Minister has blamed the Tripoli CBL for its poor monetary policy (Photo: Archive photo grab...

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