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Exclusive: After Cancelling the Barter System, Fuel Imports to Proceed via Letters of Credit – Details Inside
| News
Our exclusive sources revealed that following the cancellation of the barter system today, the new mechanism for importing fuel will now be conducted through opening letters of credit with companies…
Exclusive: Central Bank Governor Continues Implementing a Package of Economic Reforms
| News
The Governor of the Central Bank continues to lead a package of economic reforms and holds meetings with governments in both the West and East, as well as with officials across all Libyan cities, to…
Among them is the expectation of GDP growth.. IMF Mission Publishes Important Report on Libya’s 2025 Economic Outlook
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The International Monetary Fund (IMF) mission released its concluding statement for 2025 on Libya, which includes the preliminary findings of the IMF team at the end of its official visit to Libya—a…
Exclusive: Details of Central Bank’s Instructions on Launching Unrestricted Mudarabah Deposit Certificates
| News
Our source has obtained the Central Bank of Libya’s instructions to banks regarding the launch of unrestricted Mudarabah deposit certificates, which are intended to invest customers’ balances in inv…
Africa Energy: Libya Renegotiates Oil Export Agreement with Arcano to Halt Financial Crisis
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The French website Africa Energy reported on Monday that Libya is renegotiating a controversial oil export agreement in an attempt to stop the financial crisis.
The website stated that the Govern…
Exclusive: For These Reasons, Shakshak Suspends Two Officials from Brega Oil Company from Work
| News
Our source has exclusively obtained the decision issued by the Head of the Libyan Audit Bureau, Khaled Shakshak, regarding the suspension of Saad Al-Din Al-Zaidi, in his capacity as Director of the…