Al-Reaid: Libyan businessmen delegation to visit Cairo in February

The Head of the General Union of the Libyan Commerce, Industry, and Agriculture Chambers, Mohammad Al-Reaid, said Friday a delegation of Libyan businessmen will...

Libyan-Egyptian Joint Economic Chamber helps Egyptian companies enter Libyan market

The Libyan-Egyptian Joint Economic Chamber held bilateral meetings Sunday (27 December) with eight Egyptian companies to discuss export opportunities for the Libyan market in...

Islamic Development Bank visits Libyan Industry Union’s Industrial Zone

Representatives of the Islamic Development Bank yesterday visited the First Industrial Zone belonging to the Libyan Industry Union (LIU), the LIU reported today. The 162-hectare...

CBL reviews foreign exchange regulations.

The governor of the Central Bank of Libya (CBL), Al-Sadiq Al-Kabeer, on Monday, discussed with the directors of the departments of the bank regulations...

Al-Hibri optimistic about economic boost after modifying dinar exchange rate.

The Governor of the parallel Central Bank of Libya (CBL) and vice president of the board of directors of the CBL Ali Al-Hibri said...

CBL budget deficit loan reaches LD 25 bn.

The Central Bank of Libya’s (CBL) loan to the internationally recognized Libyan government based in Tripoli has reached LD 24.481 billion, the CBL revealed...

Sahary Bank and Expertise France discuss establishing SME financing units.

Libya’s Sahary bank and Expertise France discussed the establishment of an SME financing Unit last week in Tunis (18 December,), Expertise France reported. Expertise France...

Official exchange rate to continue declining gradually

In a televised interview, Misbah Akkari, Former chairman of Libya’s largest bank, Al-Jumhuriya and current member of the Central Bank of Libya’s (CBL) Exchange...

CBL: 80% of the State’s Public Expenses Spent on Salaries, Subsidized...

Data released by the Central Bank of Libya on Tuesday showed that 80% of the state's public expenditures from the period January 1 to...

Government employees to get pay rise by 20%.

The Presidential Council (PC) has approved an initial increase in the salaries of workers in the public sector by 20%. The decision was announced during...