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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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LARMO calls for easing of sanctions on assets after US$ 1 billion annual loss
Nov 8 Sami Zaptia

LARMO calls for easing of sanctions on assets after US$ 1 billion annual loss

The Director General of the Libyan Asset Recovery and Management Office (LARMO), Mohamed Mensli, called for eased sanctions on Libyan assets abroad to...

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‘‘SMEs as a Tool for Economic Diversification - Mechanisms and Tools of Financing and Technical Support” conference held in Misrata
Oct 30 Sami Zaptia

‘‘SMEs as a Tool for Economic Diversification - Mechanisms and Tools of Financing and Technical Support” conference held in Misrata

The Second Scientific Conference on Small and Medium Enterprises as a Tool for Economic Diversification - “Mechanisms and tools of financing and techn...

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Minister of Economy and Trade directs preparation for national vision for digital economy
Oct 27 Sami Zaptia

Minister of Economy and Trade directs preparation for national vision for digital economy

The Minister of Economy and Trade, Mohamed Al-Hwej, held a meeting last Tuesday at the Ministry’s Tripoli office to review the project of building a d...

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Brega to construct solar powered petrol station
Oct 19 Sami Zaptia

Brega to construct solar powered petrol station

Brega Oil Marketing Company announced yesterday that it is to construct a modern, solar powered petrol station in the Furnaj area of Tripoli. Brega is...

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CBL latest data shows US$ 9.9 billion deficit in foreign exchange
Oct 7 Sami Zaptia

CBL latest data shows US$ 9.9 billion deficit in foreign exchange

In its latest monthly data release of 3 October, the Central Bank of Libya said that Libya’s total revenues in the first 9 months of this year amounte...

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Workshop on ‘‘Localization of the Oil Materials and Equipment Industry” held in Tripoli
Oct 5 Sami Zaptia

Workshop on ‘‘Localization of the Oil Materials and Equipment Industry” held in Tripoli

A workshop was held at the Industrial Research Centre in Tripoli on Tuesday entitled “Localization of the Oil Materials and Equipment Industry.”The wo...

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CBL publishes latest revenues and spending figures from 1 January to 31 August 2023
Sep 7 Sami Zaptia

CBL publishes latest revenues and spending figures from 1 January to 31 August 2023

The latest Central Bank of Libya bulletin shows that Libya’s total revenues were 78.2 billion dinars and expenses amounted to 68.3 billion dinars, lea...

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Bina Entrepreneurship Incubator and the Institute of Banking Studies train banking experts in finance of SMEs
Sep 6 Sami Zaptia

Bina Entrepreneurship Incubator and the Institute of Banking Studies train banking experts in finance of SMEs

The (Libyan) Institute of Banking and Financial Studies of the Central Bank of Libya, in cooperation with Bina Entrepreneurship Incubator Libya, began...

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LBC AGM elects new board – Rashid Swani remains chairman
Jun 15 Sami Zaptia

LBC AGM elects new board – Rashid Swani remains chairman

After holding its first AGM for the best part of a decade, the Libyan Business Council (LBC) today elected a new board of directors.The elections led...

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UNDP and Tatweer Research launch Tec+ startup Business Accelerator in Tripoli
May 9 Sami Zaptia

UNDP and Tatweer Research launch Tec+ startup Business Accelerator in Tripoli

Fifty startups from across Libya, including 36 companies run by women, were selected for the TEC+ Accelerator programme last Saturday in the Old City,...

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