Central Bank: All Libyan Market Participants Can Operate Formally Through Banks and Exchange Companies
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The Central Bank of Libya stated exclusively to our source that it has reached very advanced stages in organizing the foreign exchange market, with the goal of managing it through the banking system…
Al-Zantouti: “50% of Oil Revenue Stolen and Smuggled as Goods and Fuel While We Remain Silent”
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Economist Khaled Al-Zantouti wrote in a post:
“I ask, quite innocently: our country is full of corruption, corrupt individuals, and silent devils—we are all either corrupt or among those silent d…
Exclusive: Central Bank to launch cash reservation system for personal purposes tomorrow, with medical and education services coming soon
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The Central Bank of Libya announced to our source that the cash reservation system for personal purposes will be launched tomorrow, Wednesday.
It also confirmed the start of collecting reservatio…
European Website Reveals First Gas Tanker to Dock at Brega Port in Nine Years
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The website Ports Europe reported on Tuesday that the Port of Brega, on the Mediterranean Sea, has received the gas tanker “Houston,” flying the Panamanian flag, carrying 1,000 tons (11,300 barrels)…
Turkish Newspaper: Amid ongoing volatility in global oil markets, attention turns to Libya
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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
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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…












