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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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Liquidity Crisis

4 / 5

Op-Ed: Fear, uncertainty, risk and Libya's currency black market
Jul 21 Sami Zaptia

Op-Ed: Fear, uncertainty, risk and Libya's currency black market

By Adam Tarhouni.Libya's black market dollar exchange rate, which went above the LD 5 mark this week, is driven by fear and uncertainty with no clear...

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Armed men shut down black market dealers as dinar plummets
Jul 20 Nigel Ash

Armed men shut down black market dealers as dinar plummets

By Libya Herald reporters.Tripoli, 20 April 2016:Armed members of the RADA security force this morning stopped  black market currency dealers from ope...

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May 31 Nigel Ash

Benghazi banks to start handing out new dinars tomorrow

By Maha Sulaiman. The new banknotes to be issued tomorrow in Benghazi (Photo: Beida CBL) .Benghazi, 31 May 2016:Banks in Benghazi will start using the...

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May 26 Nigel Ash

PC decides it will now accept the east's new "Russian" banknotes

By Ajnadin Mustfa and Moutaz Ali.One of the new Russian-printed banknotesTripoli, 26 May 2016:Some confusion reigned this evening as Libya added a sec...

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Five Gasr Ben Gashir bank customers killed by local militia
May 18 Michel Cousins

Five Gasr Ben Gashir bank customers killed by local militia

By Libya Herald reporter.Tripoli, 18 May 2016:Four people, including a women, were shot dead and at least ten others injured in Gasr Ben Gashir, next...

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Apr 13 Nigel Ash

Ajdabiya bank attacked by cash-hungry customers

By Libya Herald reporters.Tripoli, 13 April 2016:Angry Ajdabiya customers stormed the local branch of the National Commercial Bank today when tellers...

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Jumhouriya Bank staff start strike after general manager kidnapped
Mar 14 Michel Cousins

Jumhouriya Bank staff start strike after general manager kidnapped

By Libya Herald reporter.Tripoli, 14 March 2016:Staff at branches of the Jumhouriya Bank throughout the country went on strike today in protest at the...

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CBL to open LCs as black market dollar peaks at LD 4.50 today
Mar 9 Sami Zaptia

CBL to open LCs as black market dollar peaks at LD 4.50 today

By Sami ZaptiaLondon, 9 March 2016:The Tripoli-based Audit Bureau held a meeting in the capital today with various institutions including the Central...

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Jul 24 Sami Zaptia

CBL makes secret ultra secure cash deliveries to banks

By Sami Zaptia.Tripoli, 24 July 2014:The Central Bank of Libya (CBL) revealed today that it has, in cooperation with the Ministry of Interior, success...

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Aug 25 Sami Zaptia

Opinion: Libya - where has all the local liquidity gone?

By Amr O. Farkash.25 August 2013:In short the answer lies within the deposits of the commercial banks in the Central Bank of Libya (CBL) that amount t...

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