The International Monetary Fund (IMF) welcomed the agreement to resolve the leadership dispute at the Central Bank of Libya (CBL) and expressed its support for the bank’s efforts to facilitate acc…
The EU Reporter website reported on Saturday that Italy has expressed significant interest in signing new contracts with Libya, aligning their interests not only in the oil and gas sectors but als…
Published by: Al-Monitor on Wednesday
Libya’s financial crisis has forced many citizens to rely on payment cards amid the collapse of the financial system, following over a decade of instabilit…
The “African Energy” website has disclosed Libya’s demand to the U.S. Departments of State and Treasury in Washington for more than $60 billion worth of Libyan assets, which Tripoli claims were se…
The Energy Capital Power website reported today, Tuesday, that Libya, which holds approximately 52 trillion cubic feet of natural gas reserves, is aiming to capitalize on these resources, targetin…
The oil-focused website Oil Price reported on Saturday that Libya, the largest oil producer in North Africa, is once again making headlines, particularly in light of the ongoing struggles within t…
The British website Geopolitical Monitor reported that the Libyan Investment Authority expects the United Nations to unfreeze its $70 billion assets by the end of the year. After a series of insti…
The Financial Transparency Report for 2024 highlights that ongoing internal political divisions continue to hinder the government’s ability to implement regular budgeting processes, negatively imp…
Radio France reported today, Wednesday, that American, British, and European banks remain hesitant to deal with the Central Bank of Libya. These banks are not “stupid”; they are well aware that th…
According to Financial Times, Seddiq Al-Kabeer, the governor of the Central Bank of Libya who controls billions of dollars in oil revenue, stated that he and other bank staff had been forced to fl…
