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 the…
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 Wo…
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 cu…
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.
A…
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 t…
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 Ai…