The South Tripoli Court issued a ruling sentencing the head of the Investment Authority, Ali Mahmoud, to one year in prison and removing him from office in a case filed against him by former head of…
The Central Bank of Libya confirmed exclusively to our source that it is working to implement a flexible plan to inject $1 billion for letters of credit to be sold to banks, along with $1 billion in…
The Central Bank of Libya revealed exclusively to our source that bookings for U.S. dollar cash have begun through the personal allocation system, with plans to later add a cash booking option for e…
The Central Bank of Libya stated exclusively to our source that it has reached very advanced stages in organizing the foreign exchange market, with the goal of managing it through the banking system…
Economist Khaled Al-Zantouti wrote in a post:
“I ask, quite innocently: our country is full of corruption, corrupt individuals, and silent devils—we are all either corrupt or among those silent d…
The Central Bank of Libya announced to our source that the cash reservation system for personal purposes will be launched tomorrow, Wednesday.
It also confirmed the start of collecting reservatio…
