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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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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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Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul
Dec 9 Sami Zaptia

Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul

The 6th Annual Libyan Banking Sector Development Forum (SDF) held in Tunis from 7 to 8 December concluded optimistically yesterday with a set of stron...

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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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CBL instructs banks, fuel distribution companies and the bakeries’ union to increase the use of e-payments
Dec 7 Sami Zaptia

CBL instructs banks, fuel distribution companies and the bakeries’ union to increase the use of e-payments

In several Central Bank of Libya (CBL) circulars dated 3 and 4 December directed to banks, fuel distribution companies, the bakeries' union, the CBL h...

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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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Small business in Misrata condemn Economy Ministry’s decision to prohibit imports except by banking transactions
Oct 26 Sami Zaptia

Small business in Misrata condemn Economy Ministry’s decision to prohibit imports except by banking transactions

In a statement posted on social media by Misrata Chamber of Commerce, small and medium-sized enterprises (SMEs) and small traders affiliated to the Ch...

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CBL’s "Banking Investment and its Role in Promoting Economic Development" seminar to be held on 4 November in Tripoli
Oct 26 Sami Zaptia

CBL’s "Banking Investment and its Role in Promoting Economic Development" seminar to be held on 4 November in Tripoli

‎The Central Bank of Libya (CBL) announced the organization of a seminar entitled "Banking Investment and its Role in Promoting Economic Development",...

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CBL Governor Issa meets with the US Assistant Secretary of the Treasury in DC
Oct 19 Sami Zaptia

CBL Governor Issa meets with the US Assistant Secretary of the Treasury in DC

On the sidelines of attending the Annual Meetings of the IMF and World Bank held in Washington, D.C. (13 to 18 October), Naji Issa, the Governor of th...

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CBL and IMF discuss pivotal role played by the CBL to get Libya out of its decades-long crisis
Oct 16 Sami Zaptia

CBL and IMF discuss pivotal role played by the CBL to get Libya out of its decades-long crisis

According to the Central Bank of Libya (CBL), the CBL and IMF discussed the pivotal role played by the CBL to get Libya out of its decades-long moneta...

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