Al-Raied to Sada: “For these reasons, our prices will gradually increase”
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The Chairman of the General Federation of Chambers of Commerce, Industry, and Agriculture and the Chairman of Al-Naseem Company, Mohamed Al-Raied, spoke exclusively to our source stating that our pr…
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 iss…
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 g…
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) syst…
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 the…
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), addre…