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Al-Bouri Exclusively Reveals the Appointment of Chairman and Deputy for Al-Saray Bank’s Board
| News
In an exclusive statement to our source, Al-Saray Bank shareholder No’aman Al-Bouri announced that the bank’s Board of Directors has held a vote to appoint a Chairman and Deputy Chairman.
Al-Bour…
Exclusive: Head of Economic Strategy at National Planning Tells Sada — Economic Reform Is Essential to Stop Using the Exchange Rate to Finance Spending
| News
Nasser Al-Ma’arifi, Head of Economic Strategy and member of the Advisory Board at the National Planning Council, told our source that Libya’s economic situation is gradually deteriorating, placing a…
Al-Farisi to Erem News: “If a Unified Budget Is Not Reached and Unrestrained Spending Continues, the Currency Will Be Devalued Repeatedly”
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In a statement to Erem Business, Professor of Economics at the University of Benghazi, Ayoub Al-Farisi, said that the International Monetary Fund (IMF) typically intervenes in a country’s economic d…
Exclusive: Al-Harshaoui Reveals to Sada the Truth Behind Lifting Subsidies… and What It Indicates
| News
Jalel Al-Harchaoui, an expert in Libyan affairs at the Royal United Services Institute (RUSI), told our source on Sunday that every three to six months, Libyan officials reiterate the importance of…
The Central Bank of Libya Moves with International Weight: Major Partnerships and Upcoming Reforms
| News
The Governor of the Central Bank of Libya, Mr. Naji Issa, held a series of important meetings during his recent visit to the United States, on the sidelines of the IMF and World Bank Annual Meetings…
Exclusive – General Electricity Company Sets Summer Peak Power Rates for Factories
| News
Sada Economic has obtained a decision from the Chairman of the Board of the General Electricity Company stating that the electricity rate during the summer peak hours — from 1 PM to midnight — will…