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Reuters: Libya Plans to Increase Gas Exports to Europe by 2030
| News
Reuters reported on Tuesday, citing Masoud Suleiman, Chairman of the National Oil Corporation, that Libya plans to increase its natural gas production over the next five years to provide greater sup…
Exclusive: 62 kilograms of cocaine cross Ras Jedir in 11 days, reflecting a clear administrative failure
| News
Customs sources exclusively revealed to our source that Tunisian authorities seized 62 kilograms of cocaine that were smuggled via the Libyan side through the Ras Jedir border crossing over a period…
Exclusive: Central Bank to Sada: Personal-purpose transactions worth $300 million were executed today… the full $600 million will be completed tomorrow
| News
The Central Bank of Libya exclusively revealed to our source that the total amount sold today for personal purposes by the end of the working day reached $300 million, as submitted by commercial ban…
Exclusive | Banking sources to Sada: The Central Bank strengthens its control over the black market, with the need for financial authorities’ support to complete the reform path
| News
Banking sources revealed, in an exclusive statement to our source, that the measures taken by the Central Bank of Libya over the past year fall within its efforts to strengthen control over the info…
The National: Widespread Corruption Linked to the Two Governments Puts Libya in a Serious “Financial” Predicament… Here Are the Details
The National newspaper reported on Monday that Libya has recently raised its oil production to around 1.4 million barrels per day and revised its targets to further increase output in the coming yea…
Exclusive: Central Bank Issues Operating Mechanism for Exchange Companies with a 4% Profit Margin for Cash and Cheques, and 2.5% for Transfers… and Raises the Dollar Allocation Cap
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Our source has obtained a circular issued by the Central Bank of Libya to exchange companies and exchange offices outlining the regulations for selling foreign currency to individuals, setting a cap…