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Central Bank to Sada: “$1.5 Billion Total Foreign Currency Sales to Banks”
| News
The Central Bank of Libya revealed to our source: “We have begun activating our systems by disbursing personal-purpose foreign currency allocations to citizens at the official rate of 6.37 dinars to…
Exclusive: Al-Maqouri: Libyan Customs uncovers forgery in letters of credit and announces use of security paper for settlement and closure documents
| News
The official spokesperson for the Libyan Customs Authority, Colonel Fahmi Hussein Al-Maqouri, stated exclusively to our source that, as part of the authority’s efforts to enhance transparency and pr…
Central Bank to Sada: We will begin granting new approvals for letters of credit and personal allowances starting Monday at the new rate
| News
The Central Bank of Libya told our source exclusively that the technical adjustments have been completed, and starting Monday, the Central Bank will begin granting approvals for letters of credit an…
Exclusive: Central Bank to Sada: Execution rate for pending personal allowance allocations will be 6.3 if the card has not yet been charged
| News
The Central Bank of Libya informed our source exclusively that the execution exchange rate for pending personal allowance allocations will be 6.3 dinars in cases where the card has not yet been char…
Oil jumps to $103 per barrel… Libya’s economy sees little impact despite promises of benefiting
| News
Oil prices have risen to $103 per barrel, amid concerns about possible and sudden developments related to the situation in the Middle East at the beginning of the week.
Despite the global increas…
Belqasim Haftar: “Give me responsibility for oil development and hold me accountable” … Elders of Ajdabiya: Oil is beneath our feet; if reconstruction stops, then oil should stop
| News
The Director General of the Libya Development and Reconstruction Fund, Belqasim Haftar, stressed the need to continue supporting development and reconstruction projects in Libya in a consistent and…











