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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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Libya Economy

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PowerElec Expo Libya 2024 to be held in Tripoli from 9 to 11 December
Oct 20 Sami Zaptia

PowerElec Expo Libya 2024 to be held in Tripoli from 9 to 11 December

The PowerElec Expo Libya 2024 will be held in Tripoli from 9 to 11 December, the organiser says.The event will be sponsored by the Renewable Energy Au...

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New CBL Board takes over official Facebook page and says it has completed takeover
Aug 26 Sami Zaptia

New CBL Board takes over official Facebook page and says it has completed takeover

The new Board of Directors of the Central Bank of Libya (CBL) confirmed that it has ''today completed the process of fully assuming the management of...

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Organised and scheduled B2B meetings will be held throughout the 50th Tripoli International Fair
May 16 Sami Zaptia

Organised and scheduled B2B meetings will be held throughout the 50th Tripoli International Fair

Organisers of the 50th Tripoli International Fair reported that productive meetings between businessmen and investors took place on Wednesday (15 to 2...

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IMF 2024 Concluding Statement on Libya's Article IV consultations
May 13 Sami Zaptia

IMF 2024 Concluding Statement on Libya's Article IV consultations

In its Concluding Statement on its 2024 Mission on Article IV consultations with released today, the IMF said Libya's short- and medium-term economic...

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Concealed spat between Tripoli PM and Central Bank Governor goes public
Feb 29 Sami Zaptia

Concealed spat between Tripoli PM and Central Bank Governor goes public

The widely known secret of the spat between the Tripoli based Libyan prime minister, Abd Alhamid Aldabaiba, and the Central Bank of Libya Governor, Sa...

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CBL latest data reveals US$ 9.9 billion deficit in foreign currency public spending in 2023
Jan 7 Sami Zaptia

CBL latest data reveals US$ 9.9 billion deficit in foreign currency public spending in 2023

In its latest data for the whole of 2023 on revenues and spending released today, the Central Bank of Libya (CBL) revealed a continued increase in pub...

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Winners of Gharian Entrepreneurs Competition 2023 receive seed financing and networking with potential financers
Dec 26 Sami Zaptia

Winners of Gharian Entrepreneurs Competition 2023 receive seed financing and networking with potential financers

The winners of the Gharian Entrepreneurs Competition 2023 were announced at a ceremony on 20 December at Gharian University. The best 15 projects rece...

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Ministry of Economy reverses its imported products labelling decision
Dec 25 Sami Zaptia

Ministry of Economy reverses its imported products labelling decision

The Minister of Economy and Trade in the Tripoli based Libyan government, Mohamed Al-Hwej, issues a decision (No. 776 of 2023) to suspend for 6 months...

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Preparations for the 50th edition of Tripoli International Fair underway – economic forum to be held on sidelines
Dec 5 Sami Zaptia

Preparations for the 50th edition of Tripoli International Fair underway – economic forum to be held on sidelines

The head of the General Authority for Exhibitions, Essam Al-Aoul, revealed in an exclusive interview with Libya Herald that an economic forum will be...

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Non-oil revenues registered LD 2.14 bn in 2022 – up 0.56 bn on 2021 figures: Tax Authority
Nov 17 Sami Zaptia

Non-oil revenues registered LD 2.14 bn in 2022 – up 0.56 bn on 2021 figures: Tax Authority

The Tax Authority stated in its latest report that non-oil tax revenues, up to September 2023, were LD 2.14 bn. These figures represent a rise of LD 0...

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