CBL publishes a summary of banks’ performance at the end of the first quarter of 2023
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Central Bank of Libya published a report of the important financial data of the commercial banks, where it drew a summary of banks’ performance at the end of the first quarter of 2023, and showed a…
Libya occupies a prominent position with the largest gold reserves, despite the economic instability
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The economic Business Insider Africa stated that Libya ranks third in Africa with the largest reserves of gold in 2023, with gold reserves estimated at 117 tons.
The website added that Algeria co…
International Monetary Fund: Libya needs a clear economic strategy
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The International Monetary Fund stated yesterday, Monday, that Libya needs an economic strategy that clearly outlines the path forward. This will be an opportunity to work on improving the utilizati…
Exclusive: At the request of “Eni Company”, the appeal of Tripoli postponed the verdict in its case
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Attorney Thuraya Al-Tuwaibi told our source that the Tripoli Court of Appeal decided to return the appeal filed against the National Oil Corporation and Eni North African Oil and Gas Company, at the…
The Central Bank of Egypt obtains huge sums of Qatari and Libyan deposits
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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”
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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…