A market observer in Benghazi told our source exclusively: “With the expiration of the 20 and 5 dinar banknotes on September 30, and expectations that the Central Bank will inject billions of dollars at the beginning of October.” He added: “The announcement of launching ready-to-operate exchange companies, the ban on imports except through banking procedures […]
Our senior source at the Central Bank of Libya revealed exclusively that the credit booking platform has achieved its goals, enabling all importers—including small traders—to reserve foreign currency for the purpose of opening letters of credit. The approval and coverage process is ongoing by commercial banks and the Central Bank. The source added that approvals […]
From gradual muscle weakness to a slow death where children are buried before living their childhood, this is how the journey of muscular atrophy begins—a genetic disease that turns innocent bodies into fragile shells, while the silence of the state makes it a partner in the crime. In Libya, it was said the disease was […]
Fathi Al-Badiwi, the general supervisor of the pilot fish preservation laboratory project in Zliten Municipality, told our source that this institution is the result of the REBUILD project, supported by the European Union and involving 10 municipalities in local development. However, in the fisheries sector, participation was limited to five municipalities: Tobruk, Benghazi, Sirte, Zliten, […]
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 This comes after a series of inconsistent decisions that he has withdrawn and reissued multiple times over consecutive years.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 […]
