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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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CBL Governor Issa starts meetings at World Bank-IMF 2025 Spring Annual Meetings in Washington DC
Apr 23 Sami Zaptia

CBL Governor Issa starts meetings at World Bank-IMF 2025 Spring Annual Meetings in Washington DC

‎On the sidelines of his attendance at the 2025 Spring Annual Meetings of the IMF and the World Bank held this week in Washington, D.C., Naji Issa, Go...

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Libya is facing major internal and external economic challenges that cannot and will not be ignored: PM Aldabaiba
Apr 23 Sami Zaptia

Libya is facing major internal and external economic challenges that cannot and will not be ignored: PM Aldabaiba

‎Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, said Libya today is facing major internal and external economic challenges that we cannot...

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CBL sets 7 percent profit margin for official FX Bureaux
Apr 21 Sami Zaptia

CBL sets 7 percent profit margin for official FX Bureaux

The Central Bank of Libya (CBL) has issued a circular permitting licensed foreign exchange (FX) bureaux to sell foreign exchange at a profit margin of...

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Central Bank of Libya permits issuance of certificates of deposit
Apr 16 Sami Zaptia

Central Bank of Libya permits issuance of certificates of deposit

The Central Bank of Libya issued instructions yesterday to Libyan commercial banks to begin issuing certificates of deposit. It is speculated that the...

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CBL orders Libyan banks to hold a minimum 35 percent mandatory cash reserves
Apr 13 Sami Zaptia

CBL orders Libyan banks to hold a minimum 35 percent mandatory cash reserves

The Central Bank of Libya (CBL) has instructed commercial Libyan banks to increase their liquidity ratio, and the liquid assets calculated in this rat...

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Solution to Libya’s economic crisis is not through dinar devaluation but through economic reforms: 55 HoR members
Apr 10 Sami Zaptia

Solution to Libya’s economic crisis is not through dinar devaluation but through economic reforms: 55 HoR members

Fifty-five members of the House of Representatives (HoR) issued a statement last Tuesday (8 April) on the devaluation of the dinar, stressing that the...

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CBL devalues Libyan dinar by 13.3 percent to LD 5.56 per dollar
Apr 7 Sami Zaptia

CBL devalues Libyan dinar by 13.3 percent to LD 5.56 per dollar

‎The Central Bank of Libya announced yesterday, by virtue of its Board of Directors Resolution No. (18) of 2025, the devaluation of the Libyan dinar a...

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Future of the value of the Libyan dinar against the dollar is not reassuring under current circumstances: Former CBL Governor Jehaimi
Apr 4 Sami Zaptia

Future of the value of the Libyan dinar against the dollar is not reassuring under current circumstances: Former CBL Governor Jehaimi

‎Former Governor of the Central Bank of Libya (CBL), Taher Al-Jehaimi, said the future of the value of the Libyan dinar against the U.S. dollar is not...

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CBL introduces the new LD 5 banknote
Mar 27 Sami Zaptia

CBL introduces the new LD 5 banknote

‎The Central Bank of Libya (CBL) announced yesterday the issuance of a new 5 dinar banknote bearing the signature of the new Governor Naji Issa. The...

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Nine reforms must be taken to preserve the value of the Libyan dinar: Bank and Fintech chairman Naaman Bouri
Mar 23 Sami Zaptia

Nine reforms must be taken to preserve the value of the Libyan dinar: Bank and Fintech chairman Naaman Bouri

To preserve the value of the Libyan dinar from collapsing, nine reform steps must be taken, the Chairman of the private sector ATIB (Assaray Trade and...

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