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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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Tripoli Libyan government rejects new import taxes, blames dinar collapse on Hafter’s parallel spending outside approved budget
Feb 24 Sami Zaptia

Tripoli Libyan government rejects new import taxes, blames dinar collapse on Hafter’s parallel spending outside approved budget

As the black-market exchange rate of the Libyan dinar plunged to unprecedented rates over the LD 10.50 to the dollar yesterday, and the leadership of...

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Aldabaiba calls on CBL Governor to halt all 2026 project spending across Libya - until the newly US-brokered unified spending agreement is adhered to
Feb 21 Sami Zaptia

Aldabaiba calls on CBL Governor to halt all 2026 project spending across Libya - until the newly US-brokered unified spending agreement is adhered to

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, sent an official letter (dated 19 February) to the Governor of the Central Bank of Libya,...

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CBL first 2025 issue Certificates of Deposit achieve a 10.87 percent return – exceeding expectations
Feb 13 Sami Zaptia

CBL first 2025 issue Certificates of Deposit achieve a 10.87 percent return – exceeding expectations

The Central Bank of Libya (CBL) announced yesterday that the profits achieved from investment and speculation in the ‘‘Absolute Speculative’’ Mudaraba...

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CBL requests Foreign Ministry to instruct employees to only use official foreign exchange bureaux – calls on authorities to close unlicensed foreign exchange shops
Feb 13 Sami Zaptia

CBL requests Foreign Ministry to instruct employees to only use official foreign exchange bureaux – calls on authorities to close unlicensed foreign exchange shops

In a letter leaked on Libyan media dated 12 February, the Governor of the Central Bank of Libya (CBL), Naji Issa, requested that Libya’s Minister of F...

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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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Assigning a tracking company for Libya’s imported cargo could eliminate Letters of Credit fraud: Attorney General Al-Sour
Jan 22 Sami Zaptia

Assigning a tracking company for Libya’s imported cargo could eliminate Letters of Credit fraud: Attorney General Al-Sour

Speaking about corruption in Libya’s Letters of Credit file, in an interview with Istanbul-based Libyan satellite TV channel, Libya Al-Ahrar, Libya’s...

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e-payment transactions for 2025 increased by 186 percent to LD 389 billion: CBL
Jan 20 Sami Zaptia

e-payment transactions for 2025 increased by 186 percent to LD 389 billion: CBL

In its latest routine statistical bulletin, the Central Bank of Libya (CBL) revealed that the volume of transactions using e-payment methods increased...

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Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports
Jan 18 Sami Zaptia

Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports

Tripoli based Libyan Minister of Economy Mohammed Al-Hwej, in an exclusive live interview yesterday with the Istanbul-based Libyan satellite TV statio...

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CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar
Jan 18 Sami Zaptia

CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar

The Central Bank of Libya announced today that it has devalued the Libyan dinar by 14.7 percent from approximately LD 5.43 to LD 6.36 per US$. The CB...

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Dollar breaks LD 9 mark on black-market for first time since December 2017
Jan 13 Sami Zaptia

Dollar breaks LD 9 mark on black-market for first time since December 2017

The US dollar broke the LD 9 mark on the black-market foreign exchange yesterday for the first time since December 2017. This has happened despite th...

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