Central Bank to Sada: Launch of a New Restricted Deposit Tool to Purchase Foreign Currency at the Official Rate
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The Central Bank of Libya stated in an exclusive statement to our source that it is working on strengthening liquidity management tools in the economy and containing the money supply through non-tra…
Bloomberg: Egypt Seeks to Import 1 Million Barrels of Libyan Oil Monthly Amid Ongoing Negotiations
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Bloomberg reported on Monday that Egypt is seeking to import at least one million barrels of Libyan oil per month, amid disruptions in Kuwaiti oil supplies caused by navigation disturbances in the S…
Exclusive: Central Bank Urges Deputy Governor to Coordinate with Parliament to Enact Law Covering Public Debt
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Our source has exclusively obtained a letter from the Secretary of the Central Bank’s Board of Directors addressed to the Deputy Governor. According to the correspondence, the committee’s recommenda…
Exclusive: Al-Zantouti: Will Rising Oil Prices Really Boost Our Income? Traders May Exploit the Situation to Raise Prices
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Financial analyst Khaled Al-Zantouti stated exclusively to our source that many people welcomed the recent rise in oil prices due to the Gulf war. Indeed, Brent crude prices have increased by more t…
Exclusive: Contract Between Former and Current NOC Heads Reveals Privileges of Masoud Suleiman — Salary in Euros, Annual Raises, and Broad Powers
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Our source has exclusively obtained a contract signed between the former Chairman of the National Oil Corporation, Farhat Bengdara, and its current Chairman, Masoud Suleiman, which stipulates that t…
Exclusive: Net Assets at 503.7 Billion and Inflation Rate at 1.8%: Central Bank Reveals Libya’s 2025 Economic Status
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The Central Bank of Libya exclusively disclosed to our source the economic bulletin for Q4 2025. The total money supply reached 203 billion LYD, while net foreign assets stood at 503.7 billion LYD…