Exclusive: The Central Bank adds a new clause to the credit regulations by not accepting pro forma invoices issued by general trading companies
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Our source has obtained a communication from the Central Bank of Libya to the general managers of banks, adding regulations for credits that require adherence to not accepting pro forma invoices i…
Exclusive: ABC Bank Announces First Quarter 2024 Financial Results with Profits of $75 Million
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Today, ABC Bank Group (Arab Banking Corporation B.S.C.), whose shares are traded on the Bahrain Bourse under the symbol “ABC,” announced its financial results for the first quarter of 2024.
The…
Exclusive: Marketing Department at Jumhouria Bank Clarifies Services Offered by the Bank
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The Marketing Department at Jumhouria Bank stated to our source that the bank is committed to providing services and overcoming difficulties for all traders by granting them Point of Sale (POS) sy…
Exclusive: Referencing the IMF Consultation Report, Al-Manea Reveals Benefits of Cancelling the Foreign Exchange Tax Decision and Unifying the Central Bank
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Mustafa Al-Manea, a member of the Libyan delegation to the International Monetary Fund (IMF) and World Bank meetings, stated to our source: “We followed with interest the report issued today on th…
Exclusive: Zarmouh: “Economically, is Libya really doing well?”
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Professor of Economics at the Libyan Academy, Dr. Omar Zarmouh, stated in an interview with our source, commenting on the speech of the Governor of the Central Bank of Libya, number (11/1201), add…
Africa Intelligence: Oil Minister Aoun Replaced by Signature of Ibrahim Dbeibeh.. Here are the Details
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Africa Intelligence, the French intelligence website, reported today, Monday, that the family of Dbeibeh tightened its grip on the Ministry of Oil in Tripoli.
The French agency confirmed that t…