During the meeting in Marrakesh, Kingdom of Morocco, on the 10th of October, H.E. Mr. Saddek Omar Elkaber, the Governor of the Central Bank of Libya, and his team, in the presence of Kristalina Georgieva, the Managing Director of the International Monetary Fund, convened with the governors from the Group of Sub-Saharan African Countries within […]
During the meeting convened on the 11th of October 2023 in Marrakesh, Kingdom of Morocco, H.E. Mr. Saddek Omar Elkaber, the Governor of the Bank of Libya, engaged with regional governors from the Middle East and Central Asia. The meeting, attended by the President of the International Monetary Fund, Kristalina Georgieva, and the Director of […]
H.E. Mr. Saddek Omar Elkaber, the Governor of the Central Bank of Libya, and his team, engaged in discussions with Anne Baum, the Director of Central Banks and International Account Services at the US Federal Reserve Bank, and her team. They reviewed the progress made by the Central Bank of Libya in achieving compliance requirements […]
Out private source revealed in a statement that “Suhail Abu Shiha” was appointed Undersecretary-General of the Ministry of Foreign Affairs. This coincided with his resignation as Undersecretary of the Ministry of Economy, as he also assumed the management of Wahda Bank.
Our private source revealed exclusively that the meetings of the Libyan financial and monetary institutions are being held on the sidelines of the annual meeting of the international institutions “the World Bank and the International Monetary Fund,” which is held with the international institutions in Morocco and will last from October 9 to 15. According […]
H.E Mr. Saddek Elkaber Governor of the Central Bank of Libya, and his team held a meeting with Mr. Clive Cacher, CEO of De La Rue, and the team accompanying him, today, 10th of October 2023 in Marrakesh, Kingdom of Morocco to discuss unifying the Central Bank of Libya, the global shift from traditional currency […]
Our source has exclusively obtained the official letter that the Libyan Ministry of Finance has sent under the National Unity Government to the head of the Administrative Control Authority. In the letter, they request authorization to coordinate with financial entities responsible for providing services that can alleviate the suffering of residents in disaster-affected areas in […]
The Canadian newspaper The Globe and Mail reported on Thursday that the former Libyan ambassador to Canada, Fathi Mohammed Al-Baja, was arrested after preserving documents related to billions of dollars that the late Muammar Gaddafi hid in Canadian bank accounts and a penthouse in Toronto owned by his son, Al-Saadi Gaddafi. According to the Canadian […]
Our source exclusively obtained a letter from the Governor of the Central Bank of Libya, Seddiq Al-Kabeer, to the Attorney General. The correspondence includes that the Central Bank of Libya transferred, during the year 2023, more than 248 million dinars as previous debts accumulated abroad, with new claims worth 87 million that have not been […]
A source at the Administrative Control Authority revealed in a statement to our source that the decision to lift the suspension of the work of the Libyan ambassador to Belgium, Amal Al-Jarari, is a temporary decision to complete the return of the rest of the value that she embezzled. He continued by saying that the […]
The American newspaper, The Wall Street Journal, revealed, through a report published today, new information regarding the issue of the explosion of dams in Derna and the neglect of their maintenance. The report said that in 2003, the Swiss company (Stucky) evaluated the dams in Libya and requested that they be strengthened and supported with […]
The spokesman for the Government of National Unity, Mohamed Hamouda, revealed exclusively to Sour source regarding the request of the Ministry of Finance of the Government of National Unity for support from the World Bank. He said: “The Minister of Finance issued a correspondence in which he addressed several international bodies, such as the World […]
The Public Prosecutor, Seddiq Al-Sour, explained in a statement to Libya Al-Ahrar channel, monitored by Economic Sada Newspaper, that the investigations regarding the dams collapse of Derna file are serious and quick, and the prevention included in the investigations includes multiple incidents and a large time frame that began more than two decades ago, and […]
The international banking group announces its philanthropic donation of USD 2 million to alleviate the aftermath of the catastrophic floods in eastern Libya. Bank ABC Group announced today a donation of USD 2 million in a swift attempt to support the victims of the tragic flooding in Libya following Storm Daniel. The funds will be […]
Jumhouria Bank family, represented by the Chairman of the Board of Directors, members of the Board of Directors, the General Manager, his deputy, and all departments, offices and branches, extend their condolences and sympathy to their colleagues in the Eastern Region as a result of the floods and torrential rains that the region was exposed […]
