Libyan dinar gains value against foreign currencies at the black market.

The black market in Libya saw the Libyan dinar gain some good value against foreign currencies as $1 was sold for less than LYD4...

ATIB bank opens new regional HQ and Benghazi branch.

Assaraya Trading and Investment Bank (ATIB), a leading private sector Libyan bank, opened its administrative headquarters for Libya’s eastern region and its Benghazi branch...

Libya’s Jumhouria bank offers cars for sale on Islamic ‘‘Murabaha’’ basis.

Libya’s Jumhouria bank yesterday launched a new product whereby it offers to sell cars to clients through an Islamic-compliant “Simple Murabaha” basis. The Bank’s Director...

GNA approves 48 billion LYD budget for 2020.

Libya's budget for 2020 is estimated at just under 48 billion Libyan dinars, about 34 billion dollars, the Ministry of Economy and Industry has...

Libya-US talks to develop oil sector and enhance transparency.

Libyan and US officials held talks in Washington on Tuesday on ways to bolster Libya's oil sector and enhance transparency in data dissemination in...

Tripoli’s Finance Ministry discusses developing e-payments systems.

The Tripoli-based Finance Ministry reported that it discussed the development of e-payments at a meeting with its department managers, the Customs Authority and the...

Libya’s Central Bank: State revenue reached 41.5 billion dinars so far...

The Central Bank of Libya (CBL) said the Libyan state revenue of the last three quarters of 2019 amounted to 24.5 billion dinars plus...

Libyan government plans to form committee for studying draft budget.

The Government of National Accord (GNA) is to form a committee to study the draft budget, consisting of representatives from the ministries of finance,...

CBL head discusses with US officials economic issues in Libya.

The Governor of the Central Bank of Libya (CBL) Saddek ElKaber has agreed with the US Ambassador to Libya, Richard Norland to enhance cooperation...

President of the Central African Republic undertakes to protect Libyan investments...

President of the Central African Republic, Faustin-Archange Touadéra said Saturday that the Government of National Accord (GNA) is the only legitimate government in Libya. He...