The Minister of Economy and Trade in the Government of National Unity, Mohamed Al-Huwaij, spoke in an exclusive interview with our source regarding the decision that was issued a year ago regarding the regulation of foreign labor, where he said: “Its aim was to regulate the presence of foreign labor, not to prevent it, but […]
H.E Seddiq Omar Ali Al-Kabeer, Governor of the Central Bank of Libya (CBL) met with Dr. Khaled Al-Mabrouk, the Minister of Finance in the Government of National Unity (GNU), to discuss the continuations of the joint cooperation and the significant impact on the level of public spending, in addition to increasing the coordination with international […]
H.E Seddiq Omar Ali Al-Kabeer, Governor of the Central Bank of Libya (CBL) has met with Mr. Farhat bin Gdara, Chairman of the Board of Directors of the National Oil Corporation (NOC), in order to discuss the possible ways to support the efforts of the NOC to increase and stabilize oil and gas productions, as […]
Our source has obtained exclusively the report of the Research and Statistics Department of the Central Bank of Libya regarding foreign trade, as this sector is of great importance for both developed and developing economies, and is the best approach to exploit the available economic resources and to provide the operating requirements necessary for the […]
The Italian strategic advisor, Daniele Ruffinetti, told our source today, Monday, that Sudan and Libya have forms of interdependence, because of the issue of migration, as Libya acts as an essential element for migration flows. This is considered one of the dynamics that the Sudanese crisis may raise. Ruffinetti added that all this chaos in […]
The Turkish expert in international relations, Mehmet Ozkan, told our source today, Monday, that “the return of all Turkish companies to work in Libya is an important matter, but simply now Turkish companies have turned to alternative trade and investments in many countries, including Africa, so I do not think that it has the same […]
The lawyer and legal expert, Dr. Saleh Al-Zahaf, in an exclusive statement to our source, regarding the decision of the Minister of Economy and Trade regarding the prohibition of all retail or wholesale commercial activities for non-Libyans, as Al-Zahaf commented, saying: “This decision aims to limit direct commercial competition for expatriates, whether they are Arabs […]
The Chairman of the Board of Directors of Berniq Airways Company, Wassim Al-Zawi, spoke in an interview with our source, explaining: “Berniq Airways is a Libyan joint stock company established in 2018 with a capital of 200 million Libyan dinars, and the most prominent shareholder is the Trade and Development Bank with 40%. The rest […]
Our official source from the Central Bank denied in an exclusive statement the rumors circulating on some social media platforms about a decision by the Central Bank to withdraw some currency denominations from circulation, in particular, the 5 and 10 dinar denominations from the sixth issue, adding that these denominations are being circulated normally.
Our confidential source from the Ministry of Finance in the National Unity Government revealed in an exclusive statement the referral of salaries of Libyan embassies abroad to the Central Bank of Libya yesterday. Previously, the Ministry of Finance had exclusively revealed to our source the details of the unified salary schedule for several sectors, including […]
Our source had an interview with the branch manager of Sahara Bank in Misrata, Mustafa Fekrun, who confirmed that the branch offers all banking services including opening current accounts, withdrawals, deposits, and providing services for issuing local and international cards. He also added that the bank provides a salary withdrawal service for branch customers with […]
On Sunday, the World Bank published a report warning of the increase in public debt in Libya, which has reached a level equivalent to 126% of government revenues, at a time when overall spending on salaries has increased. The long-term effects of rising prices and food insecurity in the Middle East and North Africa region […]
Our source responsible for the Libyan Islamic Bank denied in an exclusive statement the news circulating regarding a hacker attack on the bank’s system. In a special statement, the source confirmed that the hack only affected an old receiver belonging to Techline company, and had no connection to the bank’s system and was not linked […]
The official spokesman for the General Electricity Company, Wiam Al-Ta’eb, said in an exclusive interview with our source that the General Electricity Company is still carrying out major overhaul work at the North Benghazi station, and work has been underway for a while on the overhaul of the sixth unit, and the overhaul of the […]
The liquidity team at the central bank revealed that the liquidity situation at commercial banks’ branches is excellent and available to bank customers, and the branches are operating on a daily basis. The team added that liquidity shipments are being transported according to the plan set during the holy month of Ramadan, through daily airlifts […]
