The National Oil Corporation announced in an official report published today that it has paid $119 million to the United Arab Emirates in exchange for acquiring the stake of Trasta in the joint comp…
The Central Bank of Libya confirmed in a statement to our source that it will continue topping up bank cards and selling foreign currency (US dollars) in cash through banks until this evening, as pa…
The Central Bank of Libya announced in a statement to our source that, following the success of the first phase of its cash dollar sales plan and the completion of banks’ readiness to expand branche…
The Central Bank of Libya has issued new regulations to banks governing direct external transfers for small traders and craftsmen, with a maximum limit of $100,000. This step comes as part of effort…
The Central Bank of Libya revealed to our source that its next step will be to grant banks the authority to carry out imports through documentary collection.
This will apply to certain goods and…
The Central Bank of Libya revealed to our source that it has concluded a meeting with major banks to discuss challenges facing foreign currency sales for all purposes. The meeting resulted in agreem…
