The Sentry: Armed Groups, Favoritism, and Incompetence Among the Causes of This Institution’s Scandals
| News
The American organization The Sentry revealed that armed groups, favoritism, and incompetence are among the causes of scandals within the Libyan Investment Authority.
The organization pointed to…
Exclusive: Central Bank Orders Commercial Banks to Launch Foreign Currency Transfers via LYPay and ONEPay Urgently
| News
Our source has obtained a copy of a letter from the Central Bank of Libya addressed to the heads of commercial banks, instructing them to prepare and make the necessary technical arrangements to beg…
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
| News
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
| News
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
| News
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
| News
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…















