Exclusive: Central Bank — Value of Letters of Credit Approved by Banks via the Platform Reaches $7 Billion, Regularly Verified and Sent to the CBL
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The Central Bank of Libya revealed exclusively to our source that the total value of letters of credit approved by banks through the credit platform reached $7 billion, and these have been verified…
Exclusive: Documents Reveal Corruption by the Chairman of the Board of African Airlines, “Ahmed Al-Amin Al-Turki”
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Our source revealed that that among the most prominent violations recently raised regarding the performance of the current management of African Airlines is its contract with an insurance company th…
Al-Barouni: Al-Baraka Insurance Provided Coverage for the Airline and Resolved Its Crisis, but the Supervisory Authority Was Unfair
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The Chairman of the Board of Directors of Al-Baraka Insurance Company, Yahya Al-Barouni, stated to our source that, according to the official correspondence concerning the company, Al-Baraka Insuran…
Exclusive: The World Islamic Call Society Says Maltese Authorities Seize Land Due to Unfulfilled Obligations
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The World Islamic Call Society told our source that Maltese authorities began seizing land owned by the association under a government allocation and judicial rulings, conducting surveying and excav…
Exclusive: Central Bank of Libya Invites Banks to Subscribe to First Issuance of Absolute Murabaha Deposit Certificates Worth LYD 5 Billion
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Our source obtained a letter from the Central Bank of Libya inviting commercial banks to subscribe to the first issuance of Absolute Murabaha Deposit Certificates, to be issued according to the peri…
Exclusive: Central Bank Warns LPTIC: Foreign Currency Operations Will Be Halted If Citizens Cannot Pay Electronically
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Our source has obtained an exclusive letter from the Central Bank of Libya, addressed to the Libya Telecom and Technology Company and its subsidiaries. The letter urges these companies to ensure tha…