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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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Sovereign Debt

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Libyan Foreign Bank files for US$ 100 million lawsuit against Zimbabwean entities for a 2001 debt
Jan 30 Sami Zaptia

Libyan Foreign Bank files for US$ 100 million lawsuit against Zimbabwean entities for a 2001 debt

Bloomberg reported last Wednesday (28 January) that the Libyan Foreign Bank (LFB), a subsidiary of the Central Bank of Libya, has filed a lawsuit agai...

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Libya reschedules debt repayments with Seychelles, Nicaragua and Montenegro
Oct 17 Sami Zaptia

Libya reschedules debt repayments with Seychelles, Nicaragua and Montenegro

Libya has rescheduled debt repayments owed to it by the Seychelles, Nicaragua and Montenegro.This was agreed at various meetings held by Libya’s Minis...

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Grenada agrees to repay balance of its US$ 5 million loan from Libya
Oct 17 Sami Zaptia

Grenada agrees to repay balance of its US$ 5 million loan from Libya

Grenada has agreed to repay the outstanding balance of its US$ 5 million loan from Libya.The news was revealed by the Libyan Finance Ministry on Satur...

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Libya reviews healthcare debts to Turkey
Oct 18 Sami Zaptia

Libya reviews healthcare debts to Turkey

By Sami Zaptia.London, 18 October 2021:Libya is reviewing its healthcare debts with Turkey.The Committee for the Review and Approval of Debt Treatment...

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Oct 11 Sami Zaptia

Libya’s LAP GreenN teleco threatening to seize Zambia’s international assets in lieu of US$ 380 m debt

By Sami Zaptia.London, 11 October 2020: Libyan Telecoms investor LAP GreenN is threatening to seize Zambia’s international assets because it says the...

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Libya could seize Zambia's assets abroad in lieu of outstanding compensation
Apr 22 Sami Zaptia

Libya could seize Zambia's assets abroad in lieu of outstanding compensation

By Sami Zaptia.London, 20 April 2018: LAP GreenN, a wholly owned telecoms subsidiary of Libya’s state-owned Libyan Post Telecommunication and Informat...

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Libya considering ways of recovering its outstanding loans to African states
Apr 12 Sami Zaptia

Libya considering ways of recovering its outstanding loans to African states

By Sami Zaptia. Libya is considering means of recovering its loans to African states (LFB).London, 12 April 2018: The Faiez Serraj-led Presidency Coun...

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Nov 3 Michel Cousins

Egypt repays $250 million of $2-billion loan

By Libya Herald reporter.The Central Bank of Libya (Photo: CBL)Tunis, 3 November 2017:The Central Bank of Egypt (CBE) says that it repaid $250 million...

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Apr 25 Sami Zaptia

Libya owed over US$ 7 bn in outstanding grants and loans to foreign states

By Sami Zaptia.Libya is owed $ 7 bn by foreign states says the Audit Bureau in its 2015 Annual Report (Photo: Audit Bureau).London, 25 April 2016: The...

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Libya not forgiving $2 billion Egyptian loan: CBL
Sep 6 Nigel Ash

Libya not forgiving $2 billion Egyptian loan: CBL

By Hadi Fornaji.Tripoli, 6 September 2014:The Central Bank of Libya has denied that it has waived the repayment by Egypt of $2 billion deposited in Ma...

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