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The Central Bank of Libya told our source exclusively that it has agreed on a mechanism to inject $1 billion for letters of credit and personal use, and to settle all pending requests in the system…
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Our source has exclusively obtained the decision issued by the Board of Directors of Al-Ahlia Cement Company, which stipulates a price adjustment for cement starting from July 1. According to the…
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Our source has exclusively obtained a letter from the Governor of the Central Bank of Libya addressed to the Minister of Interior in the Government of National Unity. In the letter, the Governor…
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Our source that commercial banks have started swiftly approving letters of credit for small traders, following the Central Bank of Libya’s decision to set a credit ceiling of $300,000. The source…
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Our source has exclusively obtained information about a meeting held at the Central Bank of Libya between the Governor and the heads of relevant departments. The meeting focused on the plan to in…
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The English-language African news outlet APA reported on Sunday that Libya is expected to earn over $20 billion in oil revenues by the end of the year—provided current geopolitical tensions in the M…