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The Central Bank of Libya revealed to our source the value of bank profits during the first quarter of 2026, which reached LYD 1.4 billion, while paid-up capital stood at LYD 15.4 billion. The Ce…
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The Central Bank of Libya revealed that total assets (liabilities) of commercial banks rose to LYD 263.6 billion by the end of the first quarter of 2026, representing a growth rate of 7.3%. The C…
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Libyan businessman Hosni Bey wrote on his official Facebook page: Why Has the Administrative Exchange Rate Failed in Libya? (The officially announced exchange rates have repeatedly failed since 1…
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Bloomberg reported on Thursday that Libyan protesters briefly cut gas flows to power plants, causing a temporary shutdown of production at a major oil field before operations resumed, as the OPEC me…
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Ayoub Al-Farisi, a member of the Monetary Policy Committee at the Central Bank of Libya, wrote an article entitled: “The Central Bank’s Plan to Contain the Liquidity Crisis and Regulate Monetary Pol…
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Middle East Monitor reported on Sunday that Washington is preparing to restore a direct diplomatic presence in Libya for the first time in 14 years. According to the outlet, the U.S. Department o…