Commenting on the Activation of Exchange Services, Ghaith to Sada: “Does the Central Bank Have Sufficient Oversight to Prevent Money Laundering or Speculation?”
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Former board member of the Central Bank of Libya, Mrajaa Ghaith, spoke to our source regarding the activation of exchange services. He stated that the 2013 decision approved the establishment of e…
Exclusive: Abu Bakr Abu Al-Qasim Reveals the Benefits of Granting Licenses to Exchange Companies and Offices
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The Head of the Accounting Department at the Libyan Academy, Dr. Abu Bakr Abu Al-Qasim, spoke exclusively to our source, stating: “The decision by the Governor of the Central Bank of Libya to gran…
Exclusive: After Five Decades of Illegal Operations, the Black Market is Finally Legalized
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Libyan businessman Hosni Bey told our source exclusively: “After 12 years of waiting since submitting applications for exchange office licenses in compliance with the law, the Central Bank of Liby…
Exclusive: Shakshak Calls for Freezing Mediterranean Company’s Accounts and Auditing Its Operations, Assets, and Contracts
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Our source has obtained a letter from the Head of the Audit Bureau, Khaled Shakshak, addressed to the Libyan Foreign Bank, instructing it to freeze the accounts of the Mediterranean Company and ha…
Exclusive: Sources Expect Dollar Exchange Rate to Decline in the Parallel Market This Week
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A special source revealed to our source that the exchange rate of the dollar in the parallel market is expected to drop below 6.4 Libyan dinars this week.
It is worth noting that an agreement w…
Exclusive: Abu Salim Municipality Head Addresses Head of Administrative Control Authority Regarding Economic Reform Initiative
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Our source has obtained a letter from the Head of Abu Salim Municipality to the Head of the Administrative Control Authority regarding the economic reform initiative. The letter emphasizes that th…