Latest
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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Letters of Credit

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Mar 7 Sami Zaptia

CBL insists that it has resumed opening of LCs

By Sami Zaptia.The CBL insists LCs are available but within its new conditions released in January (Logo: CBL).London, 7 March 2016:The Central Bank o...

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Feb 12 Sami Zaptia

Public Prosecutor's Office issues arrest warrants for financial corruption

By Sami Zaptia.The Public Prosecutor's Office has issued arrest warrants for financial corruption (Logo: PPO).London, 12 February 2016:The office of t...

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CBL meets businesses regarding its new regulations for opening LCs
Feb 10 Sami Zaptia

CBL meets businesses regarding its new regulations for opening LCs

By Sami Zaptia.London, 10 February 2016:The Central Bank of Libya (CBL) met with various business members and relevant organizations yesterday at its...

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Jan 13 Sami Zaptia

CBL introduces new stringent internal and external restrictions on opening of LCs

By Sami Zaptia.The CBL has introduced new stringent restrictions on opening LCs (Logo: CBL).London, 13 January 2016:The Tripoli-based Central Bank of...

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Dec 6 Sami Zaptia

Transfers to Tunisia must be in Tunisian Dinars: CBL

By Libya Herald reporter.The CBL has issued new directive today to all local Libyan banks that all LCs and transfers to Tunisia must be in Tunisian Di...

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Nov 10 Sami Zaptia

CBL approves LD 875 million for flour import to 81 companies

By Libya Herald reporter.The CBL has approved LCs for the import of flour for subsidised bread (File photo).Tunis, 10 November 2015:The Central Bank o...

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Sep 12 Sami Zaptia

Tripoli introduces electronic import regulation system

By Libya Herald reporter.The Audit Bureau in cooperation with the Public Prosecutor's Office opens empty containers in Tripoli port exposing FX and LC...

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Sep 3 Sami Zaptia

Tripoli-based Audit Bureau reveals further bank corruption

By Libya Herald reporter.Malta, 3 September 2015:The Audit Bureau has revealed further evidence of corruption by local commercial Libyan banks. The Tr...

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Audit Bureau exposes foreign currency scams
Aug 9 Sami Zaptia

Audit Bureau exposes foreign currency scams

By Libya Herald reporterTunis, 9 August 2015:Acting in cooperation with the Public Prosecution’s Office, the Audit Bureau revealed a list of eleven co...

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Aug 6 Sami Zaptia

Audit Bureau suspends 79 companies & individuals suspected of questionable foreign currency transfers

By Libya Herald reporterTunis, 6 August 2015:The Tripoli-based Audit Bureau has frozen the bank accounts of a total of 79 Libyan and foreign companies...

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