Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oil in 2025
Feb 3 Michel Cousins

Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oil in 2025

The Tripoli based Ministry of Economy and Trade announced yesterday that it had requested that the Central Bank of Libya (CBL) suspend 85 import compa...

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Minister of Economy Hwej approves series of regulatory measures during meeting with Ministry's affiliated entities‎
Jan 30 Sami Zaptia

Minister of Economy Hwej approves series of regulatory measures during meeting with Ministry's affiliated entities‎

‎Tripoli based Minister of Economy and Trade, Mohamed Al-Hwej, held an extensive meeting last Thursday (29 January) with the Undersecretaries of the M...

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Car importers granted LCs are overcharging consumers by 60 percent – Economy Ministry to take corrective action
Jan 26 Sami Zaptia

Car importers granted LCs are overcharging consumers by 60 percent – Economy Ministry to take corrective action

The Ministry of Economy and Trade stated yesterday (in its Clarification Statement no. 2/2026) that the volume of letters of credit granted recently f...

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Minister of Economy and Trade chairs technical meeting to prepare Libya's trade policy for 2026
Dec 19 Sami Zaptia

Minister of Economy and Trade chairs technical meeting to prepare Libya's trade policy for 2026

The Ministry of Economy and Trade reported last Wednesday (17 December) that the Minister of Economy and Trade, Mohamed Al-Hwej, chaired an expanded t...

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Dar al-Ifta pronounces that all meat imported from non-Islamic states is not deemed ‘‘halal’’
Aug 21 Sami Zaptia

Dar al-Ifta pronounces that all meat imported from non-Islamic states is not deemed ‘‘halal’’

Dar al-Iftaa, western Libya’s highest religious authority, announced today that following a visit by its inspection committee to Brazil, it stated tha...

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Minister of Economy discusses regulating priorities of market needs and import budget
Aug 6 Sami Zaptia

Minister of Economy discusses regulating priorities of market needs and import budget

‎The Tripoli based Libyan Minister of Economy and Trade, Mohamed Al-Hwej, held a meeting at the Ministry's Tripoli office today, in the presence of th...

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All imports into Libya must be paid for through official bank transactions
Jul 2 Sami Zaptia

All imports into Libya must be paid for through official bank transactions

‎The Tripoli based Libyan Ministry of Economy and Trade has request that the Libyan Customs Authority start to implement its decree No. 42 of 2025 reg...

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Customs Authority postpones enforcement of ACI / ECTN cargo registration and tracking system
Oct 30 Sami Zaptia

Customs Authority postpones enforcement of ACI / ECTN cargo registration and tracking system

After increasing opposition, including demonstrations, by the business community, the Libyan Customs Authority announced last Monday (28 October) that...

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FDCC rejects shipment of 1,000 yoghurt cartons at Egyptian border for presence of E120 colour
Apr 18 Sami Zaptia

FDCC rejects shipment of 1,000 yoghurt cartons at Egyptian border for presence of E120 colour

Libya’s Food and Drug Control Centre announced on Monday (15 April) that it had rejected the entry into Libya of 1,000 cartons of Almarai branded Stra...

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3,000 cartons of Schweppes soft drink rejected by FDCC at Egyptian border for short expiry date
Apr 17 Sami Zaptia

3,000 cartons of Schweppes soft drink rejected by FDCC at Egyptian border for short expiry date

Libya’s Food and Drugs Control Centre announced yesterday that it had rejected a shipment of 3,320 cartons of Schweppes lemon and mint soft drink.The...

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