News Archive
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Exclusive: Are There Really Donkey Meat in Reem Shawarma? Head of Food and Drug Control Unit Clarifies
Abu Bakr Marwan, head of the Food and Drug Control Unit at Souq Al-Jumaa, denied during a statement to our source what has been circulated on social media about the reason for closing branches of Reem Shawarma, alleging the use of donkey meat. According to Marwan, the closure was due to non-compliance with standard specifications, […]
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Exclusive: Benghazi Sheep Farmer: “Government-Provided Sacrificial Animals Did Not Affect Market Prices, and No Support Given to Traders”
A sheep farmer from Benghazi spoke exclusively to our source, stating: “We cannot blame the state or approach it for help, as nothing has been provided to us as traders. For about two weeks, we have been suffering from foot-and-mouth disease, causing significant harm to many individuals.” He added: “The sacrificial animals we have available […]
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Exclusive : ATM Withdrawal Limits Increased in Coordination with Central Bank’s Banking Supervision
A source at the Central Bank of Libya exclusively revealed to our source that, in celebration of Eid al-Adha and in coordination with the Banking Supervision and Currency Department, the cash withdrawal limit at ATMs of various banks has been increased to 1000 dinars daily and 1500 dinars weekly during the holiday. For instance, a […]
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Special Report: NCB Announces Extended Hours on Friday and Saturday, Confirms Cash Delivery to Sebha and Ghat
National Commercial Bank exclusively announced to our source that its branches will be open for 8 to 12 hours on Friday and Saturday. The bank also confirmed that cash will be delivered to the cities of Sebha and Ghat tomorrow, Saturday.
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Exclusive: In a Special Statement, Minister of Economy Lists Reasons for Rising Sacrificial Animal Prices
The Minister of Economy and Trade, Mohamed Al-Huwaij, revealed in an exclusive statement to our source the reasons behind the rising prices of sacrificial animals with the approach of Eid al-Adha. He stated: “There are several combined reasons, including the depreciation of the Libyan dinar, the imposition of a 27% tax, rising fodder prices, diseases, […]
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Exclusive: Finance Minister of GNU Responds with Figures to Bengdara’s Accusation of Non-Payment of Oil Sector Workers’ Salaries
Our source has exclusively obtained a correspondence from the Finance Minister of the Government of National Unity to the Chairman of the National Oil Corporation. The minister stated that the Ministry of Finance is responsible for preparing the general budget in cooperation with various government entities. It is also responsible for distributing budget allocations and […]
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Exclusive: Livestock Trader Speaks to About Rising National Sacrificial Animal Prices
A livestock trader exclusively spoke to our source regarding livestock prices, particularly with the rising prices and the approaching Eid al-Adha. He stated that national prices range from 1500 to 3000 per head, and they have about 700 heads of sheep. He added: “The prices of fodder have increased compared to before, with fodder prices […]
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Exclusive: Al-Arfi: “Nothing Issued Yet by the Tax Study Committee; Awaiting a Report”
Member of Parliament Abdul Moneim Al-Arfi spoke exclusively to our source, stating: “We are awaiting the report from the committee formed by the House of Representatives to study the imposition of a 27% tax on the sale of foreign currency. So far, the committee has not submitted any report.” He added: “Only the committee will […]
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Exclusive: Our Source Reveals Details of the First Economic Dialogue Session
Our special source revealed that the first session of the economic dialogue was held in Tunisia. The session was attended by the Governor of the Central Bank of Libya and his deputy, the head of the Audit Bureau, representatives from the Government of National Unity, the Libyan government, the House of Representatives, the U.S. Treasury […]
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Greek Consulate Clarifies About the Resumption of Greek Airlines in Tripoli
The Greek Consulate stated to the Economic Sada newspaper on Wednesday that there is no specific date for the return of Greek flights, and there is no information regarding the resumption of the airlines. It is worth noting that discussions last week focused on encouraging the return of Greek companies to Libya and the resumption […]
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Our Source: There is a Move to Reduce the Exchange Rate Tax
Our special source revealed that there is a trend to reduce the tax on the exchange rate. This is expected to happen by the end of June 2024, along with the agreement to approve a unified budget.
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Exclusive: Documents and Sources Reveal Manipulation of Figures in the Telecommunications Sector – Libyana Spends 3 Billion Dinars in Two Years
Our special source revealed in a statement that the balance of Libyana Mobile Phone Company in the bank before the arrival of its current president, Mohamed Ben Ayad, the telecommunications holding company, was 3.88 billion dinars, as shown in the records of Libyana, which Sada exclusively published with documents. According to the source, on April […]
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Africa Intelligence Reveals Corruption Networks Owned by Saleh in Eastern Libya
The French website Africa Intelligence revealed today, Monday, that the Speaker of Parliament in Eastern Libya, Aguila Saleh, owns countless corruption networks. The French website pointed out that Saleh’s corruption networks are related to tax imposition, and he angered legislators when he imposed a tax on foreign currency. However, the Speaker of the House enjoys […]
| Reports
By Numbers: National Oil Corporation Reveals Production Rates through Well Exploration and Rehabilitation by Its Subsidiaries
The National Oil Corporation and its subsidiaries have recently revealed increased production rates through the exploration and rehabilitation of several wells. The transition from observation well (HH59-65) to a production well in the Masla oil field by the Arabian Gulf Oil Company resulted in a production rate of approximately 2,104 barrels per day. Similarly, the […]
Exclusive: Affected Business Owners Reveal Freezing of Their Accounts at Wahda Bank and Manipulation of Citizens’ Balances
A number of business owners exclusively disclosed to our source the freezing of their accounts at Wahda Bank starting from April 29, 2024. They reported deductions from their accounts without the bank specifying the deducting entity. The deposits were made into their accounts through legitimate procedures by the bank (internal transfer checks). However, they were […]