The Central Bank of Libya revealed exclusively to our source hat the difference between the dollar against the 20 and 5 dinar notes exceeded 850 dirhams. This gap was due to demand for the dollar from these denominations, which will end on October 1st, meaning speculation will decline by 850 dirhams. This will directly reflect […]
In a scene that exposes the state of administrative chaos, Libya’s Minister of Economy in the Government of National Unity, Mohamed Al-Huwaij, shifts back and forth between issuing decisions, withdrawing them, and then renewing them once again—turning economic policy into a tug-of-war game. Import and export regulations are no longer fixed rules governing the market; […]
In a move reflecting the flexibility of U.S. monetary policy, the Federal Reserve, led by Jerome Powell, decided to reduce interest rates by 25 basis points, bringing them to a range of 4.00%–4.25% from 4.25%–4.50%. This step confirms that the world’s largest economy continues to prioritize growth and financial stability, and remains ready to use […]
Legal expert in the oil sector, Othman Al-Hadiri, wrote: What are the technical and legal impacts of merging Libyan oil companies into a single company? How would this affect oil operations? And what is the best solution to increase production and train employees? Some industry observers in Libya have expressed varying opinions on merging oil […]
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 […]
