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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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Libyan Dinar

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FX black-market has existed for years and decades, and eliminating it in a short period is impossible: CBL Governor Issa
May 20 Sami Zaptia

FX black-market has existed for years and decades, and eliminating it in a short period is impossible: CBL Governor Issa

Speaking during a press conference after his meeting with the Central Bank of Libya (CBL) Governor Naji Issa last Monday (18 May), Interior Minis...

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CBL renews call for closure of unofficial FX sales outlets – as dinar begins to slide again
May 12 Sami Zaptia

CBL renews call for closure of unofficial FX sales outlets – as dinar begins to slide again

In a letter leaked to Libyan media outlets yesterday, the Governor of the Central Bank of Libya (CBL), Naji Issa, addressed the Minister of the I...

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CBL to inject US$ 300 million into card system, authorises transfer for small traders of up to US$ 100,000 quarterly
May 5 Sami Zaptia

CBL to inject US$ 300 million into card system, authorises transfer for small traders of up to US$ 100,000 quarterly

The Central Bank of Libya (CBL) briefed local Libyan Arabic-language media outlets today that it has concluded a meeting with major local banks t...

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CBL loosens foreign currency controls - including permitting cash dollar deposits and transfer
Apr 29 Sami Zaptia

CBL loosens foreign currency controls - including permitting cash dollar deposits and transfer

According to a leaked letter, directed to all General Managers of banks operating in Libya, dated 28 April, the Central Bank of Libya (CBL) has i...

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De La Rue meets Governor of Central Bank of Libya in DC to follow up on its currency printing plan
Apr 19 Sami Zaptia

De La Rue meets Governor of Central Bank of Libya in DC to follow up on its currency printing plan

On the sidelines of the Spring Meetings of the International Monetary Fund and the World Bank (13-18 April) held in Washington, D.C., Naji Issa, Gover...

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Breakthrough expected in LD-dollar FX market: Central Bank launches comprehensive cash sales plan and distributes US$ 1 billion to banks
Apr 14 Sami Zaptia

Breakthrough expected in LD-dollar FX market: Central Bank launches comprehensive cash sales plan and distributes US$ 1 billion to banks

The Central Bank of Libya (CBL) announced a comprehensive package of new measures to regulate the foreign exchange market, ahead of an expanded meetin...

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US Embassy welcomes signing of unified budget by the two split Libyan administrations
Apr 13 Sami Zaptia

US Embassy welcomes signing of unified budget by the two split Libyan administrations

Following the signing of a Unified Development Programme (Unified Budget) by the two politically split Libyan administrations of western and eastern L...

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Tripoli Prime Minister Aldabaiba welcomes the signing of the Unified Public Spending Agreement
Apr 13 Sami Zaptia

Tripoli Prime Minister Aldabaiba welcomes the signing of the Unified Public Spending Agreement

Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba welcomed last Saturday (11 April) the signing of the US-brokered Unified Public Spending Agr...

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CBL Governor unveils package of measures to support dinar, regulate foreign exchange market, and inject $1.5 billion
Apr 8 Sami Zaptia

CBL Governor unveils package of measures to support dinar, regulate foreign exchange market, and inject $1.5 billion

A source has informed Libya Herald that Central Bank of Libya (CBL) Governor Naji Issa revealed a package of new economic and monetary measures aimed...

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CBL continues briefings to talk up the dinar – vows to inject US$ 1.5 billion and bring dinar down to the LD 6.90 mark
Apr 6 Sami Zaptia

CBL continues briefings to talk up the dinar – vows to inject US$ 1.5 billion and bring dinar down to the LD 6.90 mark

The Libyan dinar gained value at close of business tonight on the black-market foreign exchange to about LD 8.33 per dollar, up from yesterday’s LD 8....

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