News Archive
| Reports
Greek Newspaper: Greek Oil Minister Denies Approval of Libya-Turkey Agreement… Here Are the Reasons
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 […]
| News
Africa Intelligence: Global Oil Companies’ Projects Halted in Libya for These Reasons
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 […]
| News
Exclusive: CBL urges Minister of Local Governance in the GNU to Instruct Mayors to Require Shops to Adopt Electronic Payment Systems as a Condition for Granting Licenses
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 […]
| News
Nalut Institute: Administrative Control Suspended Our Officials Based on Complaint from Iraqi Couple Despite Court Ruling
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 […]
| News
Exclusive: Document Reveals Tripoli Central Hospital Director’s Plea to the Attorney General Earlier This Year Before Being Reprimanded by Gaderbouh for the Same Reasons
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 […]
Exclusive: With Documents… Corruption of Abdullah Gaderbouh, Head of the Administrative Control Authority
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 […]
Abu Snina Writes: Inspired by the Lecture on the Fourth Industrial Revolution
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, […]
| News
Central Bank: Ministry of Economy Spending Reaches 67.7 Million Dinars, Including Over 28 Million Dinars for Price Stabilization Funds
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 […]
| News
Central Bank: Instant Transfer Transactions Reach 32 Billion Dinars by August 2025
The Central Bank of Libya issued its monthly statement on revenue and public expenditure for the first eight months of 2025, revealing that the number of individual subscribers to the instant transfer service reached 5 million during this period, while merchant subscribers totaled 127.6 thousand. The number of transactions carried out through the merchant instant […]
| News
According to the Central Bank’s statement: 12.8 Billion Surplus and 2.7 Billion Dinars in Government Spending over 8 Months
The Central Bank of Libya, in its monthly statement on revenue and public expenditure for the first eight months of 2025, revealed that revenues amounted to 84.3 billion dinars, while expenditures reached 71.5 billion dinars, resulting in a surplus of 12.8 billion. It also reported that the total spending of the House of Representatives, the […]
| News
Central Bank: Foreign Currency Management Achieved Goals, Measures to Stabilize Exchange Market Starting October
Our senior official from the Central Bank of Libya revealed exclusively that the bank’s foreign currency management has achieved its objectives, with a balance of payments deficit of only $400 million—the portion withdrawn from foreign currency reserves. According to the source, this strengthens the bank’s ability to take decisive actions in the market despite strong […]
| News
Central Bank Denies Billions Withdrawn from Reserves, Confirms Only $400 Million Used Amid $5.9 Billion Deficit
The Central Bank of Libya, in its monthly statement on revenue and public spending covering the period from January 1 to August 31, 2025, reported oil revenues and royalties deposited with the bank totaling $15.8 billion. Meanwhile, foreign currency expenditures reached $21.7 billion by the end of August 2025, resulting in a deficit of approximately […]
| News
Al-Safi to Sada: After “Instant Salary,” Customs Tracking System is the Next Step in Fighting Corruption
Economist Mohamed Al-Safi told our source in an exclusive statement: “Using technology to fight corruption – after the success of the ‘Instant Salary’ initiative, it is now time for the Customs Tracking System.” He continued: “The ‘Instant Salary’ initiative introduced more organized procedures and reduced chaos in the salaries sector. It became clear how technology […]
| News
Exclusive: Customs Sources — Central Bank to Link Letters of Credit with Cargo Tracking System from November
Our customs sources revealed in an exclusive statement that the Central Bank of Libya has issued a circular to commercial banks, requiring applicants for letters of credit to complete the registration process in the cargo tracking system for goods imported into Libya through the Customs Authority. The directive is to be implemented starting November 1, […]
| News
Exclusive: Central Bank Orders Banks to Collect Withdrawn Banknotes and Halt Reissuance
Our source has exclusively obtained a circular from the Central Bank of Libya addressed to banks, instructing them not to reintroduce the banknotes scheduled for withdrawal at the end of September. The circular emphasized that cashiers must collect all banknotes withdrawn from circulation, closely monitor compliance with the instructions, and warned that the penalties stipulated […]