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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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Inflation

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Libyan food prices increased in February by 5 percent: WFP Report
Apr 1 Sami Zaptia

Libyan food prices increased in February by 5 percent: WFP Report

The UN’s World Food Programme (WFP) report, Libya Market Price Monitoring – February 2026, published last Monday 30 March, says food prices increased...

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84,000 boxes of cooking oil seized as part of anti-monopoly and price-fixing campaign
Feb 7 Sami Zaptia

84,000 boxes of cooking oil seized as part of anti-monopoly and price-fixing campaign

The Tripoli based Libyan government reported last Thursday (5 February) that a warehouse in the Injila area, south of Tripoli, was raided and approxim...

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HoR will not impose taxes on essential goods – but still studying and reviewing the idea
Jan 27 Sami Zaptia

HoR will not impose taxes on essential goods – but still studying and reviewing the idea

‎Libya’s Benghazi based parliament, the House of Representatives (HoR), confirmed in a statement yesterday that it will not impose any taxes or fees o...

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With Ramadan starting in late February, the Tripoli government launches price-control campaign on essential commodities
Jan 7 Sami Zaptia

With Ramadan starting in late February, the Tripoli government launches price-control campaign on essential commodities

The Tripoli based Libyan government announced yesterday that, in accordance with the Prime Minister's directives, a comprehensive monitoring campaign...

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Libya's economic reality: limited resources, liquidity challenges, inflation, and need for monetary base restructuring - Husni Bey
Jun 15 Sami Zaptia

Libya's economic reality: limited resources, liquidity challenges, inflation, and need for monetary base restructuring - Husni Bey

Leading Libyan businessman Husni Bey told Libya Herald that the economic reality in Libya is limited resources, liquidity challenges, inflation, and t...

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Libya’s financial stability hinges on disciplined fiscal management and strategic investment: Husni Bey
Jun 8 Sami Zaptia

Libya’s financial stability hinges on disciplined fiscal management and strategic investment: Husni Bey

In an economic report analysing public spending, inflation, and currency stability in Libya, leading businessman Husni Bey concluded that Libya’s fina...

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The official dollar exchange rate cannot be reduced as long as government spending exceeds revenues: Businessman ‎Husni Bey
Mar 6 Sami Zaptia

The official dollar exchange rate cannot be reduced as long as government spending exceeds revenues: Businessman ‎Husni Bey

‎Every year, in and around the fasting month of Ramadan (which started on 1 March), the subject of the low purchasing power of Libyan citizens, the hi...

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Nov 11 Sami Zaptia

Libya Herald exclusive: LBC head Fellah slams price controls and limited effect of food import duties exemption – calls for all Libya to be a duty free zone

By Sami Zaptia.Abdalla Fellah, head of the Libyan Business Council, slams government policy on price controls and food duty exemption as short-sighted...

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Nov 6 Sami Zaptia

Central Bank unification is a national demand that everyone should call for: CBL official

By Sami Zaptia.(Photo: Sami Zaptia).Tripoli, 6 November 2021:Musbah Akkari, former chairman of Jumhuriya bank, head of the Central Bank of Libya (CBL)...

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Aug 9 Sami Zaptia

Size of huge LD 111 2020 budget due to parliament pressure on government - will lead to high inflation and further dinar devaluation: member of CBL Committee

By Sami Zaptia.The proposed LD 111 billion 2021 budget would be inflationary and lead to further dinar devaluation (Photo: Sami Zaptia).London, 9 Augu...

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