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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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Traders warned of failure to use e-payments ahead of clampdown by Municipality Guards
Oct 15 Sami Zaptia

Traders warned of failure to use e-payments ahead of clampdown by Municipality Guards

Commercial concerns are being warned to urgently activate their e-payment services to comply with Central Bank of Libya (CBL) regulations. The call is...

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After its withdrawal from circulation of certain banknotes, CBL reveals that currency printed unofficially in Russia totalled to 6.5 billion dinars
Oct 14 Sami Zaptia

After its withdrawal from circulation of certain banknotes, CBL reveals that currency printed unofficially in Russia totalled to 6.5 billion dinars

After withdrawing certain bank notes from circulation by the 30 September 2025, the Central Bank of Libya (CBL) announced in a statement today that th...

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Grand Mufti raises objections to CBL’s supposedly Islamic – Sharia compliant certificates of deposit
Oct 12 Sami Zaptia

Grand Mufti raises objections to CBL’s supposedly Islamic – Sharia compliant certificates of deposit

Libya's Grand Mufti, Sheikh Al-Sadeg Al-Ghiriani said that the ‘‘Absolute Speculative’’ (referred to as Mudaraba in Islamic - Sharia) certificates of...

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National Social and Economic Development Board organises dialogue on economic policy alignment
Oct 9 Sami Zaptia

National Social and Economic Development Board organises dialogue on economic policy alignment

The National Social and Economic Development Board (NESDB) organised a dialogue session at its Tripoli headquarters yesterday entitled "Economic Polic...

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CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September
Oct 8 Sami Zaptia

CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September

The Central Bank of Libya's multilateral committee held its third regular meeting today at the office of the Governor and Chairman of the Committee. T...

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"Decision-Making and Implementation Meeting: A Direct Dialogue between the Central Bank of Libya and the Private Sector" workshop to be held in Tripoli tomorrow
Oct 8 Sami Zaptia

"Decision-Making and Implementation Meeting: A Direct Dialogue between the Central Bank of Libya and the Private Sector" workshop to be held in Tripoli tomorrow

The Tripoli based Ministry of Economy and Trade has invited Chambers of Commerce to invite their members to attend a workshop entitled "Decision-Makin...

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Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes
Oct 4 Sami Zaptia

Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes

The US dollar foreign exchange (FX) rate fell to Libyan Dinar 6.94/dollar in Tripoli’s black-market today, four days after end of the 30 September dea...

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Libya needs transparent reforms - Deposit Certificates & dollar auctions to restore fairness, stability, and confidence in Dinar: H Bey
Sep 30 Sami Zaptia

Libya needs transparent reforms - Deposit Certificates & dollar auctions to restore fairness, stability, and confidence in Dinar: H Bey

With the background of the weakening Libyan dinar with its high black-market exchange rate and the Central Bank of Libya’s efforts to stabilise it by...

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CBL launches Certificates of Deposits worth LD 15 billion - from October to December 2025
Sep 27 Sami Zaptia

CBL launches Certificates of Deposits worth LD 15 billion - from October to December 2025

The Central Bank of Libya (CBL) announced last Thursday (25 September) the launch of Certificates of Deposit worth 15 billion dinars, starting from Oc...

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CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October
Aug 21 Sami Zaptia

CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October

Central Bank of Libya Governor Naji Issa said he will end Libya’ liquidity crisis by 1 October, the eastern based state Libyan news agency LANA report...

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