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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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HoR’s 303 billion debt cancellation is necessary as the debt's negative effects have already occurred: Husni Bey
Dec 23 Sami Zaptia

HoR’s 303 billion debt cancellation is necessary as the debt's negative effects have already occurred: Husni Bey

Yesterday’s publication by the House of Representatives of a law authorizing the settlement of Libya’s public debt up to 2025 —estimated at 303.4 bill...

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Parliament approves Libya’s LD 303 billion Treasury debts - Central Bank to settle the debts by deducting 3% of the Treasury's total revenues
Dec 23 Sami Zaptia

Parliament approves Libya’s LD 303 billion Treasury debts - Central Bank to settle the debts by deducting 3% of the Treasury's total revenues

Libya's Benghazi based House of Representatives (parliament - HoR) yesterday approved (Law No. 6/2025) the existing public debt held by the Public Tre...

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CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system
Dec 19 Sami Zaptia

CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system

The Governor of the Central Bank of Libya, Naji Issa, has sent several letters, widely leaked today to Arabic-language Libyan media, to the Tripoli ba...

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PM Aldabaiba meets CBL Governor Issa to follow up on financial situation and efforts to ensure provision of cash and improve level of banking services
Dec 18 Sami Zaptia

PM Aldabaiba meets CBL Governor Issa to follow up on financial situation and efforts to ensure provision of cash and improve level of banking services

With the background of global prices of a barrel of oil (Brent Crude) falling to US$ 55, negatively affecting the Libyan state’s main revenue, the Lib...

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CBL issues new licenses to another 91 FX Bureaux – but no announcement of when they may start trading as the LD plunges to 8.17 per dollar
Dec 9 Sami Zaptia

CBL issues new licenses to another 91 FX Bureaux – but no announcement of when they may start trading as the LD plunges to 8.17 per dollar

‎The Central Bank of Libya (CBL) announced today the granting of new final practice permits to 91 companies and foreign exchange bureaux. The announc...

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Latest CBL stats to November 2025 show significant growth in Libya's electronic banking sector
Dec 6 Sami Zaptia

Latest CBL stats to November 2025 show significant growth in Libya's electronic banking sector

According to latest monthly data published last Thursday (4 November) by the Central Bank of Libya (CBL) covering the period from 1 January to 30 Nove...

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Rethinking the Central Bank’s Policy: Why Weekly Dollar Auctions Are the Key to Defeating Speculators - Husni Bey
Nov 13 Sami Zaptia

Rethinking the Central Bank’s Policy: Why Weekly Dollar Auctions Are the Key to Defeating Speculators - Husni Bey

Leading Libyan businessman and regular economic commentator and critic, Husni Bey, had criticized since 1982 the Central Bank of Libya’s (CBL) past an...

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e-payment use rises sharply to October 2025 - part of CBL effort to lure Libyans away from cash use
Nov 13 Sami Zaptia

e-payment use rises sharply to October 2025 - part of CBL effort to lure Libyans away from cash use

According to the latest CBL monthly statistical bulleting covering 1 January to 31 October 2025, the number of Point of Sale (PoS) machines reached 14...

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Latest CBL figures show LD 8.3 billion surplus - but dollar spending deficit reaches US$ 6.7 billion
Nov 12 Sami Zaptia

Latest CBL figures show LD 8.3 billion surplus - but dollar spending deficit reaches US$ 6.7 billion

The Central Bank of Libya (CBL) published its monthly revenue and expenditure statement yesterday for the period January to October 2025. Libyan dina...

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CBL comes in for more criticism from Grand Mufti – accuses it of usury
Nov 11 Sami Zaptia

CBL comes in for more criticism from Grand Mufti – accuses it of usury

As the exchange rate for the Libyan dinar reaches 7.79 against the US dollar in the black-market, making a mockery of the vow by Naji Issa, the Govern...

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