The Central Bank of Egypt obtains huge sums of Qatari and Libyan deposits
| News
The Central Bank of Egypt said on Sunday that it had received huge deposits from Libya and Qatar late last year as Egypt grappled with a foreign currency shortage.
The Egyptian bank said that t…
Global Finance selects Bank ABC Labs as one of the “Best Financial Innovation Labs in the World”
| News
Bank ABC has won two distinguished awards at Global Finance’s much-coveted The Innovators Awards -2023. The Bank’s innovation and digitisation centre, ABC Labs, has been named as one of “the …
Exclusive: In implementation of the Central Bank’s plan, Jumhouria Bank reveals that 100 million Dinars have arrived at its branches in the east of the country
| News
Jumhouria Bank revealed, in an exclusive statement to our source, that a shipment of cash, worth 100 million dinars, had arrived at Benina Airport in Benghazi, to meet the needs of Jumhouria Bank …
Africa Intelligence: “The Paris Court of Appeal issues a ruling in favor of the NOC against a company in the Emirates”
| News
Today, Monday, the Paris Court of Appeal issued a ruling in favor of the National Oil Corporation against the Emirati energy company, Trasta, granting it full control of the Ras Lanuf refinery.
…
Ben Ayed participates in the activities of the International Arbitration Conference in Libya
| News
The Chairman of the Board of Directors of LPTIC, Mr. Mohamed ben Ayed, accompanied by the head of the Administrative Control Authority, Professor Counselor Suleiman Al-Shanti, in the activities of…
Exclusive: Liquidity team reveals to our source that 60 million dinars have arrived in bank branches in Sebha
| News
The liquidity team at the Central Bank of Libya revealed, in an exclusive statement to our source, that at this moment a third shipment of liquidity, worth 60 million dinars, has arrived at Sebha …