Exclusive: Al-Harshaoui Reveals the Incident at Wahda Bank in Eastern Libya and the Involvement of a Currency Trader
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In a conversation with our source, Jalel Al-Harchaoui, a Libya affairs expert at the Royal United Services Institute, confirmed that a currency trader at Wahda Bank in Benghazi allegedly deposited c…
Exclusive: Central Bank Calls Sahara Bank’s Management to a Meeting, and Here Are the Reasons
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Our source has obtained a correspondence from the Director of the Supervision Department at the Central Bank of Libya addressed to the Chairman of the Board of Directors of Sahara Bank.
The corre…
Al-Raied to Sada: “For these reasons, our prices will gradually increase”
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The Chairman of the General Federation of Chambers of Commerce, Industry, and Agriculture and the Chairman of Al-Naseem Company, Mohamed Al-Raied, spoke exclusively to our source stating that our pr…
Exclusive: The Central Bank adds a new clause to the credit regulations by not accepting pro forma invoices issued by general trading companies
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Our source has obtained a communication from the Central Bank of Libya to the general managers of banks, adding regulations for credits that require adherence to not accepting pro forma invoices iss…
Exclusive: ABC Bank Announces First Quarter 2024 Financial Results with Profits of $75 Million
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Today, ABC Bank Group (Arab Banking Corporation B.S.C.), whose shares are traded on the Bahrain Bourse under the symbol “ABC,” announced its financial results for the first quarter of 2024.
The g…
Exclusive: Marketing Department at Jumhouria Bank Clarifies Services Offered by the Bank
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The Marketing Department at Jumhouria Bank stated to our source that the bank is committed to providing services and overcoming difficulties for all traders by granting them Point of Sale (POS) syst…