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Turkish Newspaper: Amid ongoing volatility in global oil markets, attention turns to Libya
| News
The newspaper Turkiye Today reported on Tuesday that several countries—including the United States, European governments, and major Gulf states—have supported Libya’s first unified national budget i…
Central Bank circulates to commercial banks mechanisms for regulating the sale of foreign currency in cash to citizens through a dedicated electronic platform
| News
Our source has obtained a circular issued by the Central Bank to commercial banks outlining mechanisms to regulate the sale of foreign currency in cash to citizens through a dedicated electronic pla…
Exclusive: Islamic Call Society initiates legal action to remove a “parallel” company from Dat Al-Imad Complex
| News
A responsible source at the Islamic Call Society told our source that legal procedures have been initiated to remove a “parallel” company that has been impersonating the Libyan African Investment Co…
Exclusive: Central Bank circulates mechanism and controls for selling personal foreign currency allocations in cash to citizens
| News
Our source has obtained a copy of a circular issued by the Central Bank outlining the mechanism and controls for selling personal foreign currency allocations in cash to citizens through the persona…
Exclusive.. “Al-Zantouti”: Linking Libyan banks to the CIPS system is a positive step to facilitate trade with China and support transactions in yuan
| News
Financial expert Khaled Al-Zantouti stated, in a remark to our source, that the CIPS system is a Chinese interbank system for payments and settlements of transactions in Chinese yuan, and is conside…
Exclusive.. “Helmi Al-Gumati”: Linking Libyan banks to the CIPS system is a positive step, but its impact on the exchange rate remains limited
| News
The Head of the Economics Department at the University of Benghazi, Dr. Helmi Al-Gumati, stated exclusively to our source that the agreement to link Libyan banks to the Cross-Border Interbank Paymen…












