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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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Monetary policy

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For the first time in 15 years, Libya receives international approval to import dollars in cash
Jan 30 Sami Zaptia

For the first time in 15 years, Libya receives international approval to import dollars in cash

The Central Bank of Libya (CBL) announced that it has received international approval to import US$ 600 million monthly in cash, for the first time in...

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CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs
Jan 26 Sami Zaptia

CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs

The Central Bank of Libya (CBL) issued a clarification statement yesterday regarding documentary credit procedures, emphasizing that its role and that...

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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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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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A symposium entitled "From Lack of Liquidity to Credit Failure" held in Misrata ‎
Jan 14 Sami Zaptia

A symposium entitled "From Lack of Liquidity to Credit Failure" held in Misrata ‎

A scientific symposium was held on 10 January at the Faculty ‎‎of Arts of the University of Misrata under the slogan "From Scarcity of Liquidity to Cr...

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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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CBL holds meeting with new FX Bureaux to organise their imminent operation – confirmed actual activation and testing of their systems would begin this month
Jan 3 Sami Zaptia

CBL holds meeting with new FX Bureaux to organise their imminent operation – confirmed actual activation and testing of their systems would begin this month

The Central Bank of Libya (CBL) held an expanded meeting with recently approved foreign exchange bureaux and companies last Thursday (1 January), to o...

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CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems
Dec 24 Sami Zaptia

CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems

The Governor of the Central Bank of Libya (CBL), Naji Issa, has authorised banks, exchange companies, and offices to begin taking the necessary steps...

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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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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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