Financial expert Mohamed Abu Snina wrote an article in which he stated: Several posts on Facebook discussed the statement of the Central Bank of Libya regarding foreign currency revenues and expenditures from January 2025 to the end of August 2025. The authors of these posts expressed observations and reservations about the numbers included in the […]
In an exclusive report, our informed sources revealed that a 100 million dinar transfer was made directly from Hatif Libya to the General Electricity Company without any intermediary. The payment covers the use and maintenance of the electricity company’s fiber-optic network and aims to provide faster services to more areas, towers, and stations across Libya. […]
Our source obtained a copy of Mohamed Al-Huwaij’s letter to the Customs Authority, in which he demands a halt to the entry of any goods through border points that are not supported by documented banking transactions. This comes after a series of inconsistent decisions that he has withdrawn and reissued multiple times over consecutive years. […]
Economic affairs analyst Rafi Al-Shawesh wrote that when revisiting the principles of governance for state-owned enterprises, seven core principles emerge, which—if fully implemented—would ensure optimal investment outcomes. Among the most important are three: Al-Shawesh noted that the main challenge in Libya lies in the legal framework, particularly the commercial companies law, which treats the general […]
Libya will host the “5th Arab Conference on Savings and Financial Literacy” under the theme “Building Financial Stability for the 21st Century”, with the participation of central banks, financial institutions, service providers, specialists in financial inclusion, fintech companies, as well as social protection bodies and youth and women empowerment organizations from across the Arab region. […]
The head of the Telecommunications Holding Company, Yousef Abu Zwaida, has begun implementing a major contract that he had previously prepared during his tenure as Chairman of the Board of Hatif Libya Company. The contract, between the company and World of Technology, has a total value of 250 million dinars. According to exchanged correspondence obtained […]
Libya Telecom and Technology Company issued a new decision to restructure the mandates of some of its subsidiaries, in a move described as procedural and organizational. However, these decisions quickly sparked mixed reactions—some viewed them as necessary administrative reforms, while others expressed opposition, fearing their impact on operational workflow within the sector. The board of […]
The Greek newspaper Kathimerini reported on Monday that the Greek Oil Minister denies a report about the possibility of approving a maritime agreement between Turkey and Libya. The newspaper cited the Greek Oil Minister as saying that the Libyan parliament, based in the eastern part of the country, is expected to ratify a maritime agreement […]
The French intelligence website Africa Intelligence reported on Sunday that the Turkish Petroleum Company’s project with the National Oil Corporation has been suspended due to Dbeibah. The website added that the future joint project to exploit the NC7 gas block — which includes Turkish Petroleum, TotalEnergies, Eni, and ADNOC — is still awaiting the approval […]
Our source has exclusively obtained a letter from the Governor of the Central Bank of Libya, in which he called on the Minister of Local Governance in the Government of National Unity to direct all municipal mayors to make it mandatory for shops and markets—when granting or renewing licenses—to provide proof of adopting electronic payment […]
The Higher Institute of Science and Technology in Nalut has responded to the decision of Administrative Control Authority head Abdullah Gaderbouh to suspend several of its officials, clarifying that the General Department of Investigation had already concluded its probe, referred the case to the Nalut Indictment Chamber, and that the matter is now under judicial […]
Our source has exclusively obtained a document showing that the Director of Tripoli Central Hospital, Assem Bokra, wrote to the Attorney General at the beginning of 2025, highlighting the collapse of health services at the hospital—months before being publicly reprimanded by the head of the Administrative Control Authority, Gaderbouh, for the same issues. According to […]
Our souce has exclusively obtained critical documents exposing the involvement of Abdullah Gaderbouh, Head of the Administrative Control Authority, in financial corruption allegations. The documents confirm that he received illicit funds estimated at 3.5 million dinars, deposited by the company “Al-Rabea for Contracting and Supply” into his account, after the company’s accounts were directly funded […]
Banking expert Mohammed Abu Snina wrote an article inspired by the lecture “The Fourth Industrial Revolution” delivered by Professor Al-Madani Dakheel on September 6, 2025, at the headquarters of the Peace and Prosperity Party: A Vision Toward a Better Future for Libya Economists write, comment, and discuss many events and developments in the economic sphere, […]
The Central Bank of Libya, in its monthly statement on revenue and public expenditure for the first eight months of 2025, reported that the Ministry of Economy under the Government of National Unity spent 67.7 million dinars. These expenditures include 14.4 million dinars for the Price Stabilization Fund and 13.9 million dinars for the Price […]
