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

Monetary policy

5 / 25

Municipality Guard and Central Bank of Libya discuss implementation of commercial and financial activities’ laws and regulations
Aug 10 Sami Zaptia

Municipality Guard and Central Bank of Libya discuss implementation of commercial and financial activities’ laws and regulations

‎Major General Rajab Gatusa, Head of the Tripoli based Municipal Guard Agency, received yesterday a delegation of directors of the departments and ban...

Read Article
Minister of Economy discusses regulating priorities of market needs and import budget
Aug 6 Sami Zaptia

Minister of Economy discusses regulating priorities of market needs and import budget

‎The Tripoli based Libyan Minister of Economy and Trade, Mohamed Al-Hwej, held a meeting at the Ministry's Tripoli office today, in the presence of th...

Read Article
CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa
Aug 4 Sami Zaptia

CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa

The Central Bank of Libya (CBL) will use all its capabilities to bring the foreign exchange (FX) rate of the Libyan dinar (LD) to below LD 7 per US$....

Read Article
CBL grants licenses to 52 new FX bureaux – bringing total to 187
Jul 29 Sami Zaptia

CBL grants licenses to 52 new FX bureaux – bringing total to 187

‎In accordance with the Central Bank of Libya's plan to activate the role of Foreign Exchange Bureaux and FX companies, and in follow-up to the previo...

Read Article
As the Libyan diner plunges in value above the LD 8 per US$ - CBL reveals causes and planned countermeasures
Jul 23 Sami Zaptia

As the Libyan diner plunges in value above the LD 8 per US$ - CBL reveals causes and planned countermeasures

‎As the Libyan dinar plunges beyond the LD 8 per US$ mark, causing much alarm in Libya, an undisclosed ‘‘official source’’ at the Central Bank of Liby...

Read Article
Fuel subsidies reached LD 60 billion, 30 percent of which is smuggled – therefore can invest just LD 5 bn in housing: CBL Governor Issa
Jul 15 Sami Zaptia

Fuel subsidies reached LD 60 billion, 30 percent of which is smuggled – therefore can invest just LD 5 bn in housing: CBL Governor Issa

The Governor of the Central Bank of Libya, Naji Issa, said Libya’s subsidised fuel bill has reached 60 billion dinars (about US$ 7 bn), 30 percent of...

Read Article
CBL demands imports are conducted through official banking instruments and the elimination of the FX black market
Jul 1 Sami Zaptia

CBL demands imports are conducted through official banking instruments and the elimination of the FX black market

In a series of letters leaked by credible Libyan media sites, the Central Bank of Libya (CBL) continues its efforts to positively affect the Libyan ec...

Read Article
CBL reveals discovery of LD 3.5 billion in counterfeit 50-dinar notes printed in Russia – PM calls on Attorney General to open investigation
Jun 29 Sami Zaptia

CBL reveals discovery of LD 3.5 billion in counterfeit 50-dinar notes printed in Russia – PM calls on Attorney General to open investigation

‎The Central Bank of Libya (CBL) announced today that during its recent recall of the old LD 50-dinar denominations (second series) printed by the eas...

Read Article
Libya's economic reality: limited resources, liquidity challenges, inflation, and need for monetary base restructuring - Husni Bey
Jun 15 Sami Zaptia

Libya's economic reality: limited resources, liquidity challenges, inflation, and need for monetary base restructuring - Husni Bey

Leading Libyan businessman Husni Bey told Libya Herald that the economic reality in Libya is limited resources, liquidity challenges, inflation, and t...

Read Article
CBL Governor Issa meets IMF Deputy Managing Director Okamura – IMF offers technical support in strengthening Libyan dinar
Apr 23 Sami Zaptia

CBL Governor Issa meets IMF Deputy Managing Director Okamura – IMF offers technical support in strengthening Libyan dinar

‎The Governor of the Central Bank of Libya, Naji Issa, and his accompanying delegation, met yesterday with Kenji Okamura, Deputy Managing Director of...

Read Article