Exceptions by Al-Huwaij Ignite Fish Prices in the Libyan Market
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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
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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…
Exclusive – Unwritten Orders Put the Director of Trademarks Behind Bars… Al-Huwaij Under Fire
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Exclusive sources told Sada Economic Newspaper that the Minister of Economy in the Government of National Unity, Mohamed Al-Huwaij, is the one responsible for the imprisonment of the Director of the…
Exclusive: Central Bank Expects Dollar to Drop to 7.5 Next Week After Injecting $1.5 Billion Through the Forex System
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A senior official at the Central Bank of Libya stated exclusively to our source: “We expect the dollar to fall below 7.50 LYD next week following the injection of $1.5 billion through the foreign ex…
Confirming What Sada Economic Previously Reported… CBL Publishes Lists of Licensed Exchange Companies and Offices Operating Under Legal Regulations
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The Central Bank of Libya announced that Governor Naji Mohamed Issa has approved the issuance of new final licenses for 52 exchange companies and offices, bringing the total number to 187 licensed e…
Exclusive – Central Bank to Sada: If This Plan Is Implemented, We Will Be Able to Eliminate the Foreign Exchange Tax… Learn More
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The Central Bank of Libya revealed in an exclusive statement to our source that it is currently studying a mechanism for the operation of exchange companies and offices, by providing them with forei…