Bloomberg: Libya’s Daily Oil Production Reaches Highest Level in 11 Years
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Bloomberg reported on Friday that Libya’s oil production has surged to its highest daily level in 11 years, just months after a political crisis significantly reduced the country’s output.
Accord…
Reuters: Central Bank of Libya Plans to Print 30 Billion Dinars to Ease Liquidity Crisis
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Reuters reported on Friday, citing the Central Bank of Libya, that it has contracted with the British company De La Rue to print 30 billion dinars ($6.25 billion) in an effort to address the liquidi…
Exclusive: New Shipment of Currency Arrives at the Central Bank of Libya Vaults
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The Central Bank of Libya revealed in an exclusive statement to our source that a new shipment of currency has just arrived at the Central Bank via Mitiga International Airport. The shipment was imm…
Exclusive: Audit Bureau Deputy Urges Telecommunications Authority to Cease Covering Expenses Through LPTIC Holding Company
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Our source has exclusively obtained a correspondence from the Deputy of the Libyan Audit Bureau, Atiat-Allah Hussein Abdul Karim, addressed to the Chairman of the General Authority for Communication…
Bloomberg: Libya Contributes to Increasing OPEC’s Production for the Second Consecutive Month
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Bloomberg reported today, Tuesday, that Libya accounted for most of the increase in oil production for the Organization of Petroleum Exporting Countries (OPEC) for the second consecutive month.
B…
Exclusive: The Central Bank Sends 50 Million to Benghazi to Support Sahara Bank and North Africa Bank Treasuries
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The Central Bank of Libya exclusively revealed to our source that a flight has just departed from Tripoli to Benghazi carrying a cash shipment valued at 50 million dinars. Of this amount, 20 million…