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Exclusive: Central Bank and Its Administration Halt Operations Today—Details on the Clearing System and Dollar
| News
Exclusive banking sources revealed to Sada Economic Newspaper that operations at the Central Bank of Libya have been halted following instructions issued yesterday for employees not to report to wor…
Middle East Monitor: Mediations to Contain the Central Bank of Libya Crisis
| News
The “Middle East Monitor” website reported, citing informed sources, that there are mediations to contain and resolve the crisis at the Central Bank of Libya following the Presidential Council’s dec…
ABC Bank reveals its financial results for the half-year of 2024
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Bank ABC continued its strong performance with an H1 net profit of US$150 million, a 24% growth over the corresponding period last year, driven by a 10% increase year on year (YOY) in total operatin…
Special Report: Rovinetti to Sada: “Currency Printing in Eastern Libya Serves Moscow’s Interests” – Here are the Details
| News
Italian strategic expert Daniele Rovinetti stated to our source on Sunday that the printing of the Libyan dinar by a Russian company is part of external activities and is likely to lead to instabili…
Exclusive: Al-Touibi Clarifies the Supreme Court Administrative Division’s Ruling on Canceling the Foreign Currency Surcharge
| News
In a statement to our source, lawyer Thuria Al-Touibi discussed the Supreme Court’s Administrative Division ruling to cancel the surcharge on foreign currency exchange rates.
She explained that t…
Al-Harshawi Explains to Sada the Reasons Behind the Weak Libyan Dinar
| News
Jalal Al-Harshawi, a Libyan affairs expert at the Royal United Services Institute, explained to our source on Wednesday that there are several reasons behind the weakness of the Libyan dinar, and th…