Libyan Islamic Bank CEO to Sada: My Travel Ban Issued by an Illegitimate Authority, with Requests to Disclose Account Secrets in Violation of the Law
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The General Manager of the Libyan Islamic Bank, Adel Kashad, told our source that the letter imposing a travel ban on him was issued by an entity lacking legal legitimacy. He noted that this was con…
Exclusive: Mediterranean Company Clarifies Masoud Suleiman’s Contract and Salary Claims
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Our source obtained a statement from Ibrahim Abubridea, Director of Mediterranean Company, confirming that Masoud Suleiman’s role as CEO of the company ended upon his appointment as Chairman of the…
Central Bank to Sada: Launch of a New Restricted Deposit Tool to Purchase Foreign Currency at the Official Rate
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The Central Bank of Libya stated in an exclusive statement to our source that it is working on strengthening liquidity management tools in the economy and containing the money supply through non-tra…
Bloomberg: Egypt Seeks to Import 1 Million Barrels of Libyan Oil Monthly Amid Ongoing Negotiations
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Bloomberg reported on Monday that Egypt is seeking to import at least one million barrels of Libyan oil per month, amid disruptions in Kuwaiti oil supplies caused by navigation disturbances in the S…
Exclusive: Central Bank Urges Deputy Governor to Coordinate with Parliament to Enact Law Covering Public Debt
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Our source has exclusively obtained a letter from the Secretary of the Central Bank’s Board of Directors addressed to the Deputy Governor. According to the correspondence, the committee’s recommenda…
Exclusive: Al-Zantouti: Will Rising Oil Prices Really Boost Our Income? Traders May Exploit the Situation to Raise Prices
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Financial analyst Khaled Al-Zantouti stated exclusively to our source that many people welcomed the recent rise in oil prices due to the Gulf war. Indeed, Brent crude prices have increased by more t…













