Exclusive.. In Violation of Central Bank Instructions.. 300 Million Financing for Building Materials Company Raises Questions Over Benghazi Branch Exceptions
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In violation of the instructions of the Central Bank of Libya, the Central Bank’s Benghazi branch granted financing worth 300 million to Al-Bareeq Al-Awal Building Materials Company, headed by “Fais…
Exclusive.. Sada Publishes Reasons Behind the 5-Year Prison Sentence and 100,000 Dinar Fine for the Chairman of Libya Telecommunications and Development Company
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Confirming what we have previously reported regarding the conviction of the defendant, Ammar Mohammed Al-Bouzidi, Chairman of the Board of Directors of Libya Telecommunications and Development Compa…
Exclusive.. Benghazi Central Bank Grants Exceptions for Bank Financing Despite Suspension.. Sources Link Them to the Rise in the Parallel Exchange Rate
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Our source exclusively obtained correspondence from the Central Bank of Libya’s Benghazi branch regarding a request by the National Commercial Bank to grant an exception to Safo Food Industries Comp…
Exclusive.. Central Bank: Banning Imports Through the Black Market Will Enable Authorities to Set Commodity Prices and End Traders’ Excuse of the Dollar Rate
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The Central Bank of Libya exclusively confirmed to our source that following the issuance of the two decisions by the Ministers of Economy banning the import of goods through the black market, the M…
Al-Shahoumi Writes: Central Bank of Libya and Ministry of Economy, Coordination or an Impending Confrontation?
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The founder of the Libyan Stock Market and finance professor, Suleiman Al-Shahoumi, published a post in which he wrote: Central Bank of Libya and Ministry of Economy, coordination or an impending co…
Exclusive.. Central Bank: We Will Accelerate Foreign Currency Sales to Banks Following Import Regulation Decisions
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The Central Bank of Libya exclusively confirmed to our source that it will accelerate approvals for letters of credit and foreign currency sales to banks in order to ease financial demand, particula…












