Our source has learned that the Central Bank held an important meeting today with exchange companies, informing them that they can now allocate (reserve/use) up to 100% of their balances instead of…
Louay Al-Grew, Director of the Media Office at the Libyan Investment Authority, confirmed exclusively to our source that the Libyan Investment Authority recorded growth in the total value of its inv…
Our source has obtained a circular issued by the Central Bank of Libya to licensed exchange companies and offices, requiring them to maintain a maximum of three bank accounts across three operating…
The oil-focused website OilPrice reported on Wednesday that Libya’s licensing round, launched last year, offered 22 onshore and offshore blocks and attracted 44 applicants, including 37 pre-qualifie…
In what is considered a globally unprecedented incident, the head of one oversight body in Libya has summoned the head of another oversight institution.
Our source has learned that the Head of th…
The Central Bank of Libya told our source exclusively that it continues to process reservations for personal foreign currency allocations, with total reservations reaching approximately $665 million…
