Exclusive: Central Bank to Sada: $1.7 Billion Sold This Week — Market Volatility Driven by Speculation and the Economy Ministry’s Setbacks
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The Central Bank of Libya confirmed exclusively to our source that it committed this week to selling $1.7 billion for letters of credit, traders’ cards, and personal purposes, while also issuing new…
Africa Intelligence: A large bail hinders the release of Hannibal Gaddafi… here are the details
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The French intelligence website Africa Intelligence revealed today, Wednesday, that the release of Hannibal Gaddafi, son of Muammar Gaddafi, who has been detained for ten years, is conditioned on th…
Exclusive: Abu Farneh to Sada: A New Investment Initiative Led by the Central Bank Through a Working Committee Active for Nine Months
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Member of the Board of Directors of the Central Bank of Libya, Fakher Abu Farneh, revealed exclusively to our source that the Central Bank of Libya had formed a committee nine months ago, which laun…
Exclusive: The Government of National Unity Cancels the Gaddad Family’s Contract for Supplying School Textbooks
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A government source told our source that the Council of Ministers of the Government of National Unity has issued a decision to cancel the assignment of the Gaddad family’s company — Al-Bashir Printi…
Austrian OMV unveils its oil plans in the city of Sirte – here are the details
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The Austrian oil company OMV announced on Tuesday the discovery of an onshore oil field off the coast of Libya.
The National Oil Corporation (NOC) had announced late last week that OMV’s B-1 expl…
Dbeibeh: “80% of the currency we sell from oil goes to commercial banks, and I am not accusing anyone”
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Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, stated: “The Central Bank is like a protective umbrella for the state — it safeguards its resources, whether from taxes or re…