Exclusive: Central Bank Grants Final Operating Licenses to 64 Exchange Companies and Offices
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Banking sources revealed exclusively to our source that the Central Bank of Libya has granted final operating licenses to 64 exchange companies and offices, allowing them to commence operations st…
Exclusive: Central Bank to Sada – Monitoring Market Conditions and Expecting Dollar Decline
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The Central Bank of Libya revealed exclusively to our source that foreign currency sales for all purposes are proceeding smoothly, with the bank covering all demands received through the letters o…
Commenting on the Activation of Exchange Services, Ghaith to Sada: “Does the Central Bank Have Sufficient Oversight to Prevent Money Laundering or Speculation?”
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Former board member of the Central Bank of Libya, Mrajaa Ghaith, spoke to our source regarding the activation of exchange services. He stated that the 2013 decision approved the establishment of e…
Exclusive: Abu Bakr Abu Al-Qasim Reveals the Benefits of Granting Licenses to Exchange Companies and Offices
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The Head of the Accounting Department at the Libyan Academy, Dr. Abu Bakr Abu Al-Qasim, spoke exclusively to our source, stating: “The decision by the Governor of the Central Bank of Libya to gran…
Exclusive: After Five Decades of Illegal Operations, the Black Market is Finally Legalized
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Libyan businessman Hosni Bey told our source exclusively: “After 12 years of waiting since submitting applications for exchange office licenses in compliance with the law, the Central Bank of Liby…
Exclusive: Shakshak Calls for Freezing Mediterranean Company’s Accounts and Auditing Its Operations, Assets, and Contracts
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Our source has obtained a letter from the Head of the Audit Bureau, Khaled Shakshak, addressed to the Libyan Foreign Bank, instructing it to freeze the accounts of the Mediterranean Company and ha…