Analysts: The success of exchange offices and ending speculation requires a more flexible role from the Central Bank of Libya
| News
A number of analysts and market influencers believe that the Central Bank of Libya’s decision to activate the sale of foreign currency through exchange offices, despite its importance, still require…
Exclusive: Documents Reveal the Spending of 40.5 Million Dinars from Telecommunications Funds on the Six-Team League with the Blessing of “Qaderbouh”
| News
Our source obtained exclusive documents and sources revealing that, after (Bouzwida) had refused for months to pay dues to a travel and tourism company related to football matches within the “Six-Te…
Exclusive: Jumhouria Bank Discusses Regulating Exchange Activities and Launches a New App for Companies and Offices
| News
Jumhouria bank revealed to our source that it held a meeting with exchange offices and companies licensed by the Central Bank of Libya to discuss mechanisms for regulating their operations and to la…
OilPrice: Why Major Western Oil Companies Are Willing to Take Risks in Libya Again
| News
OilPrice reported on Wednesday that Western oil companies are working to strengthen their presence in Libya’s oil sector.
The website noted that the renewed interest of international oil companie…
Exclusive: The Central Bank Issues Instructions to Banks Stating That the Prevailing Exchange Rate of the Dinar Is the Rate Set by Its Board Decision
| News
Our source obtained, exclusively, a circular from the Central Bank of Libya addressed to commercial banks, stating that the prevailing exchange rate of the Libyan dinar is the rate determined by the…
Reuters: Libya Plans to Increase Gas Exports to Europe by 2030
| News
Reuters reported on Tuesday, citing Masoud Suleiman, Chairman of the National Oil Corporation, that Libya plans to increase its natural gas production over the next five years to provide greater sup…