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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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Fuel Subsidies

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Aldabaiba defends subsidies, grants, overspending, over-employment – will support housing but not corruption
Dec 12 Sami Zaptia

Aldabaiba defends subsidies, grants, overspending, over-employment – will support housing but not corruption

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba participated yesterday, in the Government Communication Forum as part of the Tripoli Media...

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NOC discusses Honeywell study on economic feasibility of developing Zawia Oil Refining Co. – potential to save on petrol subsidies and imports
Aug 19 Sami Zaptia

NOC discusses Honeywell study on economic feasibility of developing Zawia Oil Refining Co. – potential to save on petrol subsidies and imports

Libya’s state National Oil Corporation (NOC) discussed the results of the study conducted by US company Honeywell UOP (Universal Oil Products) on the...

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Zliten Bakers’ Union official detained for supplying 8.5 million litres of diesel allocated for local bakeries to fuel smugglers
Aug 17 Sami Zaptia

Zliten Bakers’ Union official detained for supplying 8.5 million litres of diesel allocated for local bakeries to fuel smugglers

Coinciding with a fuel shortage crisis in Western Libya and as part of its wider anti-fuel smuggling campaign manifested in a series of raids, arrests...

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Fuel subsidies reached LD 60 billion, 30 percent of which is smuggled – therefore can invest just LD 5 bn in housing: CBL Governor Issa
Jul 15 Sami Zaptia

Fuel subsidies reached LD 60 billion, 30 percent of which is smuggled – therefore can invest just LD 5 bn in housing: CBL Governor Issa

The Governor of the Central Bank of Libya, Naji Issa, said Libya’s subsidised fuel bill has reached 60 billion dinars (about US$ 7 bn), 30 percent of...

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Aldabaiba publicly holds NOC to account over its budget spending – ‘‘the public has the right to know how money is spent’’
Apr 30 Sami Zaptia

Aldabaiba publicly holds NOC to account over its budget spending – ‘‘the public has the right to know how money is spent’’

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, held an expanded meeting at the National Oil Corporation (NOC) yesterday. The Tripoli gove...

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Nine reforms must be taken to preserve the value of the Libyan dinar: Bank and Fintech chairman Naaman Bouri
Mar 23 Sami Zaptia

Nine reforms must be taken to preserve the value of the Libyan dinar: Bank and Fintech chairman Naaman Bouri

To preserve the value of the Libyan dinar from collapsing, nine reform steps must be taken, the Chairman of the private sector ATIB (Assaray Trade and...

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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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Nov 28 Sami Zaptia

NOC chairman Bengdara says his organisation is not a security force to combat fuel smuggling

Speaking to Libyan media on Sunday, the Chairman of the National Oil Corporation (NOC), Farhat Bengdara said his entity does not have a police or secu...

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