News Archive
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The General Command Warns of Wadi Al-Qattara in Benghazi: Reasons and Concerns
The spokesman for the General Command of the Libyan Army in the east of the country warned of the collapse of Wadi Al-Qattara in the city of Benghazi because it stores 5 million cubic meters of water. Since its establishment, the valley has never stored this number before. Ahmed Al-Mismari, in a statement to Al-Mustaqbal […]
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Exclusive Insights: Al-Bayda Medical Center Director Reveals Millions in Losses and Details the Extent of Damage
The director of the medical center in Al-Bayda, Abdul-Rahim Maziq, revealed in an exclusive statement to our source about the city’s situation as a result of the floods and Hurricane Daniel that struck the city: “The city’s situation is considered catastrophic and in a state afflicted by floods, with power outages and all means of […]
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Al-Trabelsi: “Libya Paid a Large Tax to Accommodate Migrants…and This Is What We Will Do on Our Borders with Tunisia”
The Minister of the Interior of the National Unity Government, Imed Trabelsi, stated that Libya is only a transit country and not the destination for migrants. They are not satisfied with the repercussions of this file on our country, just like the targeted countries. He added that 270 migrants of different nationalities were deported from […]
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Larmo Former Director Takes Legal Action in the US to Reclaim Position: Unveiling the Details by a French Website
The French website Africa Intelligence reported yesterday, Wednesday, that the former director of the Libyan Assets Recovery & Management Office, Anwar Al-Arif, who was ousted in 2021, has been released as director of the office that is trying to recover billions of dollars. The French website confirmed that when Al-Aref was released from prison, he […]
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Central Bank Reveals Expenditures of Presidential Office and Affiliated Entities
The report of the Central Bank of Libya revealed the value of spending by the Presidential Council and its affiliated bodies for the period from January 1 to August 31. The value of the expenses of the Presidential Council amounted to 35 million dinars, the value of the expenses of the security agencies amounted to […]
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Exclusive: By Numbers, Our Source Obtains the Central Bank’s Report on Foreign Exchange Uses
The total uses of foreign exchange by banks from 1/1 – to 31/08/2023 amounted to about$14,363,120,122 compared to $10,821,313,095 during the same months of 2022, with anincrease of about $3,541,807,027 at arate of 32.7%. The letters of credit accounted for 56.9% of total bank uses of foreign exchange, personalpurposes accounted for 41.5% of total bank […]
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Exclusive: Al-Safi analyzes in a statement to our source details of what is happening in the Presidential Finance Committee
Economist Mohamed Al-Safi told our source: “The Finance Committee faces two major challenges, the first is legal and the second is explanatory. Regarding the legal challenge, the committee must not leave any legal gap in its composition, taking into account the existence of a supreme financial committee, which is not covered by the state’s financial […]
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Exclusive: Liquidity team at CBL reveals the arrival of 22 million people to Ghat
The liquidity team at the Central Bank of Libya revealed, in a statement to our source, the arrival of a shipment of liquidity worth 22 million dinars to the city of Ghat. 15 million were allocated to the National Commercial Bank and 5 million to the branches of the North Africa Bank. The liquidity team […]
| Reports
Oil Price: “With an Equal Share, Eni Will Start its Project Signed by the National Oil Corporation”
Oil Price website mentioned yesterday, Tuesday, that the political chaos left by the multinational military intervention in the country in 2011 deeply affected Libyan oil, and in recent months the protests in Libya forced the closure of two of the largest oil fields, which seriously affected fuel production. The site said that the Italian company […]
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CBL Reveals Expenditures of the House of Representatives and Its Affiliated Entities
The statement of the Central Bank of Libya revealed today the expenses of the House of Representatives and its affiliates during the period from January 1 to July 31, 2023, as the expenses of the House of Representatives office amounted to more than 66 million dinars, and the expenses of the Supreme Judicial Council amounted […]
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Central Bank of Libya Reveals Presidential Expenses until the End of July
The report of the Central Bank of Libya revealed the value of the expenses of the Presidential Council and its affiliates from January 1 to July 31. The value of the expenses of the Presidential Council amounted to 25 million dinars, the security authorities amounted to more than 315 million dinars, and the Public Policy […]
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CBL Reveals Expenditures of the National Unity Government and Its Affiliated Entities
The report of the Central Bank of Libya revealed the value of the expenses of the Council of Ministers of the Government of National Unity and its affiliated bodies from January 1 to July 31, as the value of the expenses of the Cabinet Office amounted to more than 80 million dinars, and the value […]
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Exclusive: CBL Issues Warning Yaqeen Bank, With Full Details Inside
Our source obtained exclusively the correspondence of the Central Bank of Libya to Yaqeen Bank, which included several observations. It included cash deposits being deposited in some of the bank’s branches in the accounts of some companies, and they will be canceled on the same day during the year 2022) with a total amount of […]
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Libya Africa Investment Portfolio Faces Challenges Since 2011: Seized Hotel Raises Concerns!
The French-language “Bamada” Malian website said today, Sunday, that the “MARIETOU PALACE” is no longer affiliated with the Libya Africa Investment Portfolio and has been confiscated and put up for auction following a debt that the Libyan party did not pay to buy this hotel, as it entered into debts with banks for a huge […]
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Exclusive: Oil Minister reveals the effects of closing El-Feel and Sharara fields
Oil Minister Mohamed Aoun told our source exclusively that the protesters closed El-Feel and Sharara oil fields, warning of these closures and their impact on the Libyan economy. Aoun added that the citizen is the most affected by these closures, especially with the rise in oil prices. Electricity network will also be affected by that […]