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Exclusive: Central Bank Reveals to Sada the Arrival of Cash Shipments to Libya Starting Today, in Preparation for Distribution from December Until Ramadan 2026
| News
The Central Bank of Libya stated exclusively to our source that shipments of cash began arriving in Libya today and will be delivered to the Issuance Department at the Central Bank.
These shipme…
Exclusive: Central Bank Board Decides to Inject Over $2 Billion to Cover Letters of Credit and Personal Purposes Starting December
| News
The Central Bank of Libya revealed exclusively to our source that the Board of Directors has decided to inject more than $2 billion to cover existing letters of credit and personal-use allocations f…
Al-Sharif Writes: “A Proposal to Address the Social Security Fund’s Inability to Implement Pension Increases Under Law No. 5 of 2013”
| News
The economic expert Idris Al-Sharif has written a proposal to address the Social Security Fund’s inability to implement the pension increases stipulated under Law No. 5 of 2013.The Social Security F…
Exclusive: Central Bank Issues Strict Warning to Banks: Tighten Letter of Credit Procedures or Face Penalties
| News
Our source has exclusively obtained a circular from the Central Bank of Libya addressed to commercial banks and their compliance units regarding the issuance of letters of credit. This follows the b…
Municipal Guard to Sada: “Any shop that does not provide electronic payment methods will be shut down, and the boycott campaign continues”
| News
The First Deputy of the Municipal Guard Authority, Mohamed Al-Naem, explained to our source the reasons behind the boycott campaign launched by several food retailers in response to some companies e…
Exclusive: Husni Bey to Sada: “This is What We Hope to Achieve Through Unifying Development Spending”
| News
Libyan businessman Husni Bey told our source in an exclusive statement: “There has been widespread welcome for the new Libyan agreement, the ‘Unified Development Program.’”
He added: “The Libyan…