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Exclusive: Central Bank Grants Approvals for New Credits Worth $1 Billion and Continues Efforts to Speed Up Procedures
| News
The Central Bank of Libya revealed exclusively to our source that approximately $1.5 billion was sold to banks yesterday, and approvals were granted for new credits worth $1 billion.
The Bank cla…
Exclusive: Central Bank Works Late to Settle Credits, Confirms System to Remain Open Thursday
| News
The Central Bank of Libya revealed exclusively to our source that its employees are continuing to work late into the night to grant approvals to banks and resolve pending issues in the credit system…
Exclusive: Sources to Sada – Government of National Unity Ministers Violated Laws by Amending Maritime Security Regulation
| News
Our exclusive sources revealed that the Council of Ministers of the Government of National Unity violated laws by amending the first paragraph of Article 15 of the Regulation on Securing Maritime Tr…
Tragedy of Exceptions: Al-Huwaij Opens Doors for Iron Exports to Amasi Amid Allegations of Favoritism and Bribery
| News
Our exclusive sources revealed that the Minister of Economy and Trade in the Government of National Unity, Mohamed Al-Huweij, granted an exemption to “Amasi Contracting” to export 100,000 tons of re…
Exclusive: Sources to Sada – Customs Director Violates Laws by Transferring Misrata Center Authority and Granting Export Approvals Illegally
| News
Our sources revealed that the decision to transfer the authority of the Free Zone Misrata Customs Center to the Director General of the Customs Authority, instead of the Misrata Customs Directorate…
Exclusive: Central Bank Confirms Ongoing Currency Sales to Banks and Approval of Credits
| News
Our senior official at the Central Bank of Libya revealed exclusively that the process of selling currency to banks is continuing rapidly, and credit approvals are ongoing.
According to the sourc…