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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 Reserves

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CBL signs cooperation agreement with World Bank within Reserves Advisory and Management Programme (RAMP)
Oct 16 Sami Zaptia

CBL signs cooperation agreement with World Bank within Reserves Advisory and Management Programme (RAMP)

‎Central Bank of Libya signs a cooperation agreement with the World Bank within the Reserves Advisory and Management Programme (RAMP). ‎The Central B...

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CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September
Oct 8 Sami Zaptia

CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September

The Central Bank of Libya's multilateral committee held its third regular meeting today at the office of the Governor and Chairman of the Committee. T...

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Dec 6 Sami Zaptia

Libya reduces staff and expenditure at its New York UN Mission by 30 percent

By Sami Zaptia.London, 6 December 2020: Libya’s internationally recognized government in Tripoli announced yesterday that it had approved a proposal t...

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Oct 7 Sami Zaptia

Tripoli government systematically exhausting foreign reserves: CBL Governor El-Kaber

By Sami Zaptia.London, 7 October 2020: The Central Bank of Libya (CBL) is Libya’s ‘‘first and last line of defence’’ in the country’s current economic...

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Jan 13 Sami Zaptia

Thinni Libyan government drastically cuts diplomatic postings

By Libya Herald reporter.Beida-based Prime Minister Abdullah Thinni's government has drastically cut diplomatic postings abroad (Photo: Government FB...

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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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Libya: increased deficit and weaker currency warns World Bank
Jan 27 Sami Zaptia

Libya: increased deficit and weaker currency warns World Bank

By Libya Herald reporter.Malta, 27 January 2015:The World Bank has warned in its January MENA Quarterly Economic Brief that the collapse in internatio...

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Jul 4 Sami Zaptia

CBL goes on charm offensive over protecting its reserves

By Sami Zaptia.(Photo: CBL)Tripoli, 4 July 2014:Further to Wednesday's statement by the Central Bank of Libya in which it declared that it was referri...

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Dec 3 thomwestcott

Oil production at 224,000 barrels a day, losses more than LD 8 billion

By Libya Herald staff.Tripoli, 3 December 2013:Libya is now producing 224,000 barrels of oil per day (b/d) with financial losses from strikes and prot...

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Two billion dollar “deposit” to Egypt confirmed
Apr 14 thomwestcott

Two billion dollar “deposit” to Egypt confirmed

Tripoli, 14 April 2013:The governor of the Central Bank of Libya (CBL), Saddek Elkaber, has confirmed that Libya has made a deposit of $2 billion with...

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