The Central Bank of Libya Moves with International Weight: Major Partnerships and Upcoming Reforms
| News
The Governor of the Central Bank of Libya, Mr. Naji Issa, held a series of important meetings during his recent visit to the United States, on the sidelines of the IMF and World Bank Annual Meetings…
Exclusive – General Electricity Company Sets Summer Peak Power Rates for Factories
| News
Sada Economic has obtained a decision from the Chairman of the Board of the General Electricity Company stating that the electricity rate during the summer peak hours — from 1 PM to midnight — will…
Exclusive – Government of National Unity Decides to Register All Lands and Housing Sites Under the National Housing Program
| News
Al-Sada Economic has exclusively obtained the Government of National Unity’s decision to register all lands and housing site locations — that have been transferred to it under existing legislat…
Exclusive – Central Bank Source to Sada: The Battle with Top Traders Reaches Breaking Point After Consecutive Blows… Details Inside
| News
Our source from the Central Bank of Libya revealed that the Bank’s battle with major traders has reached a breaking point, as Governor Nagy Issa has dealt a series of successive blows to currency de…
Africa Intelligence: Under Washington’s Pressure, Libya’s Central Bank Hires Firm to Protect It from Suspicious Money Transfers
| News
The French intelligence website Africa Intelligence revealed on Thursday that the American consulting firm K2 Integrity will be auditing the payments of the Central Bank of Libya.
The French webs…
Exclusive: Sources to Sada – Central Bank to Withdraw 5-Dinar (6th Issue) and 20-Dinar (Old Issues) Notes
| News
Our exclusive sources told that the Central Bank of Libya is set to withdraw the 5-dinar note from the sixth issuance and the 20-dinar notes from older issues.
The Central Bank will also impose a…