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Libya

Global Finance selects Bank ABC Labs as one of the “Best Financial Innovation Labs in the…

Amira cherni Jun 2, 2023

Bank ABC has won two distinguished awards at Global Finance’s much-coveted The Innovators Awards -2023. The Bank’s innovation and digitisation centre, ABC Labs, has been named as one of “the World’s Best Financial Innovation Labs”, a…

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Exclusive: In implementation of the Central Bank’s plan, Jumhouria Bank reveals that 100 million…

Amira cherni May 29, 2023

Jumhouria Bank revealed, in an exclusive statement to our source, that a shipment of cash, worth 100 million dinars, had arrived at Benina Airport in Benghazi, to meet the needs of Jumhouria Bank customers in the eastern region. This is…

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Africa Intelligence: “The Paris Court of Appeal issues a ruling in favor of the NOC against a…

Amira cherni May 29, 2023

Today, Monday, the Paris Court of Appeal issued a ruling in favor of the National Oil Corporation against the Emirati energy company, Trasta, granting it full control of the Ras Lanuf refinery. Africa Intelligence said that the ruling…

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Ben Ayed participates in the activities of the International Arbitration Conference in Libya

Amira cherni May 28, 2023

The Chairman of the Board of Directors of LPTIC, Mr. Mohamed ben Ayed, accompanied by the head of the Administrative Control Authority, Professor Counselor Suleiman Al-Shanti, in the activities of the International Arbitration Conference…

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Exclusive: Liquidity team reveals to our source that 60 million dinars have arrived in bank branches…

Amira cherni May 27, 2023

The liquidity team at the Central Bank of Libya revealed, in an exclusive statement to our source, that at this moment a third shipment of liquidity, worth 60 million dinars, has arrived at Sebha Airport, allocated to bank branches in the…

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Exclusive: Sada has the advantage of publishing the Central Bank’s report on inflation rates

Amira cherni May 22, 2023

Our source obtained exclusively the report of the Research and Statistics Department of the Central Bank of Libya regarding inflation. The data issued by the Statistics and Census Authority - Ministry of Planning indicate that the…

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Exclusive: Our source obtains the economic bulletin for the first quarter of 2023

Amira cherni May 21, 2023

Our source obtained the Quarterly Economic Bulletin for the first quarter of 2023 issued by the Research and Statistics Department of the Central Bank of Libya, as it contained many important monetary, financial and economic data and…

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Exclusive: Ghaith reveals to our source the reasons behind parallel exchange rates and raises…

Amira cherni May 18, 2023

The member of the Board of Directors of the Central Bank of Libya, Mrajaa Ghaith, responded in an exclusive statement to our source, to what was discussed in the cabinet meeting regarding the parallel exchange. He said that controlling…

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Exclusive: Ghaith responds to Al-Kabeer’s denial of suspending trading, and clarifies several…

Amira cherni May 18, 2023

A member of the Board of Directors of the Central Bank of Libya, Mrajaa Ghaith, responded, in an exclusive statement to our source, to the Central Bank of Libya’s denial of suspending trade, saying: “I was surprised by Mr. Seddiq’s…

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The lawyer of the Belgian prince reveals important details about the case of the Libyan Investment…

Amira cherni May 16, 2023

The lawyer of the Belgian Prince, Laurent Arnotts, told our source today, Monday, that the case between the Belgian Prince Laurent and the head of the Libyan Investment Authority, Ali Mahmoud, is still open, and has not been closed yet. …

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