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Independent: After More Than Ten Years, the Tunisian Consulate Resumes Work in Eastern Libya
| News
The Independent newspaper reported today, Thursday, that after more than 10 years of closure due to the deterioration of the security situation in Libya at the time, Tunisia is reopening its consula…
Exclusive: Central Bank to Sada — Faster Pace in Coming Days to Approve All Requests on the New Letters of Credit System
| News
The Central Bank of Libya revealed exclusively to our source that approvals for the new letters of credit system have already begun, with customers receiving messages today regarding the approvals t…
Exclusive: Confirming What Sada Published… The Central Bank Begins Selling $1.5 Billion Through the Foreign Currency Sale System
| News
The Central Bank of Libya revealed in a statement exclusively to our source that it actually began at 9 a.m. selling $1.5 billion to commercial banks—$500 million for personal purposes as full settl…
Upstream: Major Investment Announcement Coming Soon in Libya’s Largest Oil Fields
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The website Upstream revealed on Sunday that three companies holding stakes in one of Libya’s most important onshore oil assets are expected to sign an agreement “soon” to nearly double production t…
Exceptions by Al-Huwaij Ignite Fish Prices in the Libyan Market
| News
Despite his previous decision to ban fish exports and its subsequent withdrawal, the Minister of Economy in the Government of National Unity, Mohamed Al-Huwaij, has returned to grant approvals to se…
Exclusive: Zantouti to Sada: 7% Commission Tempts Currency Dealers, Exchange Companies Could Become a “Legit Mushir Market”… and I Doubt the Central Bank’s Ability to Control It
| News
Financial analyst Khaled Al-Zantouti told our source in an exclusive statement: “I am undoubtedly in favor of these regulatory measures — but what matters is their implementation.”
He added: “Exc…