The Public Prosecution announced this evening that the Tripoli Court of Appeal has convicted the Minister of Education in the Government of National Unity, sentencing him to three years and six months in prison, along with a fine of 1,000 LYD. Additionally, he has been stripped of his civil rights for the duration of the […]
The Italian newspaper “MNGRNEWS” reported today, Saturday, that the decision to withdraw certain banknotes from circulation is linked to various reasons, primarily combating tax evasion and all activities considered illegal. This is undoubtedly a significant change, as it affects everyone who will need to adapt to a new type of economy. Which Banknotes Will Be […]
Today, Saturday, Independent Arabia published a report revealing that Tunisia’s private healthcare sector is awaiting the resolution of longstanding outstanding debts with the Libyan side. These debts, which have remained unsettled for over 13 years, stem from the treatment of Libyan patients and wounded individuals who sought medical care in Tunisian clinics following Libya’s security […]
The French intelligence website Africa Intelligence reported on Thursday that Farwa Shipping Company is launching new shipping routes to Syria. The report confirmed that the Libyan company Farwa Shipping is preparing to open two new routes to the Syrian port of Latakia, marking the beginning of new opportunities in the Syrian market, according to the […]
Our source has exclusively obtained the ruling of the Tripoli Court of Appeal regarding the case of facilities granted by the Libyan side to CKG from Sahara Bank, convicting Abdulatif Abdelhafiz Al-Keeb, Abdulrazzaq Ali Khalifa Al-Hamidi, and Ali Mohammed Mansour Al-Margani. The court sentenced them to one year in prison and ordered them to return […]
Economic affairs analyst Noureddin Hbarat provided an important clarification regarding the growing and alarming demand for foreign currency for all purposes, particularly trade credits and personal spending cards. According to a statement issued today by the Central Bank of Libya, the total foreign currency demand from March 1 to today reached 1.696 billion dollars—an average […]
The head of the Accounting Department at the Libyan Academy, Dr. Abu Bakr Abu Al-Qasim, wrote an article titled: “Are the Hypotheses of Untraceable Spending and Currency Printing Resurfacing?” He stated that the Central Bank of Libya (CBL), caught between a policy of monetary flooding and restriction, stands alone in confusion over this abnormal and […]
Italian strategic expert Daniele Ruvinetti told our source on Wednesday that irregular migration in Libya is a shared concern for Italy, which has been actively involved in addressing the issue, including through partnerships with Libya. Ruvinetti emphasized that the problem is linked to Libya’s internal instability and the absence of a unified government with institutional […]
Former Minister of Finance in the Government of National Accord, Faraj Bumtari, wrote an article titled: A Technical Analysis of the Central Bank’s Revenue and Expenditure Report from January 1 to February 28, 2025. Although the primary role of the central bank is to protect the monetary and economic stability of the state and prevent […]
The Central Bank of Libya exclusively revealed to our source that a new cash shipment arrived this evening from abroad. The bank is currently working on transferring the funds to its vaults in preparation for distribution and supplying the vaults of commercial bank branches across all Libyan cities. The Central Bank of Libya will continue […]
The Italian insurance and financial services company, Great Eastern, reported on Monday that Libya has regained its position as Italy’s primary oil supplier, covering 21.5% of crude oil imports. This marks a significant comeback 14 years after the outbreak of the first civil war. Great Eastern emphasized that this resurgence contrasts sharply with the collapse […]
Our source has obtained a letter from the Director of the Inspection and Follow-up Department at the Prime Minister’s Office in the Government of National Unity to the Office of the Minister of State for the Prime Minister’s Affairs regarding administrative and legal violations within the Ministry of Education and Minister Mousa Al-Megreif. The letter […]
The Central Bank of Libya has exclusively revealed to our source that it has dispatched a new cash shipment today from Mitiga Airport in Tripoli to Benina Airport in Benghazi. The shipment, designated for the bank’s Benghazi branch, carries a total of 60 million dinars. The Central Bank will continue sending cash shipments regularly until […]
Lawyer Ahmed Ali Abu Mahara wrote an article titled: Central Bank Data on Revenue and Public Expenditure (Incomplete Transparency): There is no doubt that the data issued by the Central Bank of Libya on state revenues and expenditures is an important indicator for understanding the country’s financial situation. Through these reports, one can assess the […]
Libyan businessman Husni Bey stated exclusively to our source that when the Central Bank of Libya’s monthly report for February was released, detailing government revenue and expenditure in Libyan dinars, it showed a surplus in the general budget—even when adding February’s salaries, estimated at 5 billion dinars, which were not included in the report. He […]
