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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 Economic Crisis

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Aldabaiba speaks on the economic crisis, cabinet reshuffle, elections and Qaddafi supporters in his 15th anniversary of 17 Feb 2011 Revolution speech
Feb 19 Sami Zaptia

Aldabaiba speaks on the economic crisis, cabinet reshuffle, elections and Qaddafi supporters in his 15th anniversary of 17 Feb 2011 Revolution speech

During his pre-recorded video speech aired last night to commemorate the 15th anniversary of the 17th of February Revolution, that ended the 42-year Q...

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"PM Aldabaiba, oversight bodies, Audit Bureau, and Attorney General bear direct legal responsibility for corruption currently plaguing National Oil Corporation’’
Dec 2 Sami Zaptia

"PM Aldabaiba, oversight bodies, Audit Bureau, and Attorney General bear direct legal responsibility for corruption currently plaguing National Oil Corporation’’

Libya’s western based Grand Mufti, Sheikh Sadig al-Ghariani, stated: "Prime Minister Aldabaiba, the oversight bodies, the Audit Bureau, and the Attorn...

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The CBL Tripoli v CBL Benghazi battle continues: CBL Benghazi adjusts exchange rate to LD 4.25/dollar, CBL Tripoli refuses the devaluation and keeps rate at LD 5.2/dollar
Oct 5 Sami Zaptia

The CBL Tripoli v CBL Benghazi battle continues: CBL Benghazi adjusts exchange rate to LD 4.25/dollar, CBL Tripoli refuses the devaluation and keeps rate at LD 5.2/dollar

The Central Bank of Libya (CBL) in Benghazi, issued on Monday, a decision to amend the exchange rate of the Libyan dinar against the dollar to LD 4.25...

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Dec 7 Sami Zaptia

CBL unified board holds a ‘‘preliminary’’ meeting

By Sami Zaptia.London, 7 December 2020: The Tripoli-based Central Bank of Libya (CBL) reported today that its Board of Directors held what it referred...

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Oct 7 Sami Zaptia

Tripoli government systematically exhausting foreign reserves: CBL Governor El-Kaber

By Sami Zaptia.London, 7 October 2020: The Central Bank of Libya (CBL) is Libya’s ‘‘first and last line of defence’’ in the country’s current economic...

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Jan 8 Sami Zaptia

UNSMIL convenes meeting of Libyan economic experts in Tunis as part of its Three Step Initiative to solve Libya crisis

By Sami Zaptia. London, 8 January 2020: UNSMIL reported yesterday that it had convened on Monday a meeting of 19 Libyan economic experts representing...

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US and Libya agree to continue cooperation against terrorism financing
Dec 5 Michel Cousins

US and Libya agree to continue cooperation against terrorism financing

By Libya Herald reporter.Tunis, 5 December 2017:Libya and the US have agreed to continue working together to stop funds going to terrrosists and terro...

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Beida CBL Governor Hibri blames Tripoli CBL Governor for economic woes, says dinar should be devalued to LD 6 per dollar
Nov 18 Sami Zaptia

Beida CBL Governor Hibri blames Tripoli CBL Governor for economic woes, says dinar should be devalued to LD 6 per dollar

By Sami Zaptia.London, 18 November 2017:The Governor of the Beida-based Central Bank of Libya (CBL) Ali Hibri blames his Tripoli counterpart Saddek El...

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May 12 Michel Cousins

Libyan economy workshop in Tunis draws in PC, CBL and HoR

By Libya Herald reporter.Tunis, 12 June 2017:Deputy Presidency Council (PC) leader Fathi Majbri, Central Bank of Libya (CBL) Governor Sadik Elkabir an...

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May 2 Sami Zaptia

Libya’s political division is root cause of its economic crisis: Audit Bureau 2016 report

By Sami Zaptia.The Tripoli-based Audit Bureau says in its 2016 Annual Report that Libya's political division is the root cause of its economic problem...

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