Central Bank Allows Commercial Banks to Accept Foreign Currency Deposits and Expands Their Use Domestically and Internationally
| News
Our source has obtained a copy of a directive issued by the Central Bank to commercial banks regarding the authorization to accept cash deposits and incoming external transfers in foreign currency…
Italian Ambassador to Libya Reveals Eni’s Investment Plan in Ongoing Projects
| News
The Italian news agency Nova reported on Monday that Italy’s Ambassador to Libya, Gianluca Alberini, inaugurated a seminar in Tripoli dedicated to bilateral relations between Italy and Libya.
He…
Exclusive: Central Bank Circular Raises Disclosure Threshold for Cash Entering and Leaving Libya
| News
Our source obtained a decision issued by the Governor of the Central Bank of Libya, in his capacity as Chairman of the Anti-Money Laundering and Counter-Terrorism Financing Committee, addressed to t…
Exclusive: Central Bank Instructs Commercial Banks to Extend Working Hours Until 5 PM in Preparation for Cash Dollar Distribution
| News
Our source obtained a copy of a letter from the Central Bank addressed to commercial banks, instructing them to extend working hours until 5:00 PM in preparation for the distribution of cash US doll…
Exclusive: Central Bank to Begin Distributing $500 Million Tomorrow as Part of Foreign Currency Sales Allocation
| News
The Central Bank of Libya revealed exclusively to our source that it has concluded a meeting with several commercial banks, during which it was agreed to begin receiving part of the $1 billion alloc…
MBN: Can Libya play the role of savior after the Strait of Hormuz crisis? Here are the details
| News
The MBN network reported on Saturday that the world is suffocating under the near-total closure of the Strait of Hormuz, with attention turning to Libya as a potential savior for global energy secur…

















