Exclusive: Al-Sharif: “The Banking System Has Failed to Reinvest Its Excess Deposits… The Central Bank Must Rebuild Collapsed Trust”
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Economic expert Idris Al-Sharif told our source exclusively: “The Libyan economy is a simple cash-based economy. Despite efforts to expand electronic payment services, which have achieved remarkable…
Exclusive: With Figures and Analysis: Al-Shahoumi Reveals the Reasons Behind the Worsening of Check Speculation and the Absence of Electronic Alternatives
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In an exclusive statement to our source, economic expert Dr. Suleiman Al-Shahoumi said that the current situation, which has deepened check speculation, must be studied carefully. He explained that…
Exclusive: Al-Sharif: Public Spending Must Be Controlled, and the Central Bank Should Impose Strict Oversight on Bank Accounts and Exchange Companies
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Economics professor at the University of Benghazi, Ali Al-Sharif, told our source exclusively that eliminating currency speculation requires maintaining a steady supply of goods and services in the…
Exclusive: Central Bank — Value of Letters of Credit Approved by Banks via the Platform Reaches $7 Billion, Regularly Verified and Sent to the CBL
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The Central Bank of Libya revealed exclusively to our source that the total value of letters of credit approved by banks through the credit platform reached $7 billion, and these have been verified…
Exclusive: Documents Reveal Corruption by the Chairman of the Board of African Airlines, “Ahmed Al-Amin Al-Turki”
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Our source revealed that that among the most prominent violations recently raised regarding the performance of the current management of African Airlines is its contract with an insurance company th…
Al-Barouni: Al-Baraka Insurance Provided Coverage for the Airline and Resolved Its Crisis, but the Supervisory Authority Was Unfair
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The Chairman of the Board of Directors of Al-Baraka Insurance Company, Yahya Al-Barouni, stated to our source that, according to the official correspondence concerning the company, Al-Baraka Insuran…