Exclusive: Central Bank Issues New Regulations for Direct External Transfers for Small Traders and Craftsmen
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The Central Bank of Libya has issued new regulations to banks governing direct external transfers for small traders and craftsmen, with a maximum limit of $100,000. This step comes as part of effort…
Exclusive: Central Bank’s Next Step: Granting Banks Authority to Import via Documentary Collection for Selected Goods and Companies
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The Central Bank of Libya revealed to our source that its next step will be to grant banks the authority to carry out imports through documentary collection.
This will apply to certain goods and…
Exclusive: Central Bank Accelerates Dollar Sales, Injects $300 Million and Introduces New Facilities Starting Wednesday
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The Central Bank of Libya revealed to our source that it has concluded a meeting with major banks to discuss challenges facing foreign currency sales for all purposes. The meeting resulted in agreem…
Exclusive: Central Bank to Begin Executing Sales of Pending Personal Allocations Delayed Since March
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The Central Bank of Libya announced in a statement to our source that it will begin today executing the sale of pending amounts allocated for personal purposes, which have been delayed since March…
Exclusive: Shakshak Orders Government of National Unity to Refer All Contracts to the Audit Bureau and Immediately Implement Supreme Court Ruling
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Our source has obtained a correspondence from the Head of the Audit Bureau, Khaled Shakshak, addressed to the Government of National Unity and its affiliated entities, instructing them to implement…
Middle East Monitor: Libya Becomes a Preferred Option for Asian Countries to Offset Oil Shortages: Details Inside
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The Middle East Monitor website reported on Monday that ASEAN countries are shifting their oil imports toward Brunei, Libya, and the United States.
According to the outlet, official trade statist…
















