Latest
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
Tag Archive

Liquidity Crisis

2 / 5

Aldabaiba criticises banks and CBL for return of liquidity crisis – calls for structural bank reform
Jun 15 Sami Zaptia

Aldabaiba criticises banks and CBL for return of liquidity crisis – calls for structural bank reform

‎Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, accused ‘‘some parties’’ of re-creating the liquidity shortage crisis at banks, stressing...

Read Article
Central Bank of Libya, west and east, exchange accusations on liquidity
Jun 29 Sami Zaptia

Central Bank of Libya, west and east, exchange accusations on liquidity

The western and eastern Central Bank of Libya (CBL) branches have exchanged accusations on the causes of the liquidity crisis in the east.The eastern...

Read Article
Jul 6 Sami Zaptia

Study on Libyan price fluctuations and access to cash post devaluation shows improvements

By Sami Zaptia.(Photo: Sami Zaptia).London, 6 July 2021:A study on Libyan household economic vulnerability to price fluctuations and access to cash in...

Read Article
In a sign of improved liquidity: Sahara bank announces unlimited cash withdrawal limit
Apr 21 Sami Zaptia

In a sign of improved liquidity: Sahara bank announces unlimited cash withdrawal limit

By Sami Zaptia.London, 21 April 2021:In a sign of the improvement in Libya’s cash crisis, more and more banks are raising their daily and weekly cash...

Read Article
Apr 19 Sami Zaptia

CBL warns of penalties on banks that do not adhere to the agreed service improvement plan

By Sami Zaptia.(Logo: Tripoli CBL).London, 19 April 2021:The Central Bank of Libya warned that it will impose penalties on Libyan commercial banks tha...

Read Article
Feb 11 Sami Zaptia

Foreign exchange sales reached US$ 3 billion after new rate - helping solve liquidity problem

By Sami Zaptia.(Photo: Sami Zaptia).London, 11 February 2021: Musbah Al-Akkari, member of the Central Bank of Libya's influential Exchange Rate Adjust...

Read Article
Jan 22 Sami Zaptia

Cost of living continues to rise, liquidity problem persists: Libya market report

By Sami Zaptia.(Photo: Sami Zaptia).London, 22 January 2021: The cost of the Minimum Expenditure Basket (MEB) across Libya rose by 1.3% (LD 9.54) to L...

Read Article
Jan 11 Sami Zaptia

Cash availability and cash withdrawal limits to rise within two weeks: CBL official

By Sami Zaptia.Liquidity and cash withdrawal limits should increase within the next two weeks (Photo: Sami Zaptia).London, 11 January 2021: A member o...

Read Article
Dec 2 Sami Zaptia

October cost of Libya’s Minimum Expenditure Basket increased by 4.3%, rents down, liquidity problems continue - report

By Sami Zaptia.A market report by REACH says prices across Libya were up in October for (Photo: Archive photo by REACH).London, 2 December 2020:In Oct...

Read Article
Aman Bank raises weekly withdrawal ceiling to twenty thousand dinars
Jul 25 Sami Zaptia

Aman Bank raises weekly withdrawal ceiling to twenty thousand dinars

By Sami Zaptia.London, 25 July 2019:Libya's privately owned Aman Bank announced that it is lifting the cash withdrawal limit for all its customers to...

Read Article