Libyan Dinar continues to Fall
A recent report has found that, since November, the Libyan dinar has lost 9.1 percent against the US dollar on the ‘parallel’ market, having...
Libya Central Bank: Oil revenue in 2017 hit $14 billion, state...
The Central Bank of Libya (CBL) has issued a statement on Thursday detailing the revenue and income of the country during 2017.
The CBL explained...
Libya’s Central Bank denies favoring some businesspersons for letters of credit
The Central Bank of Libya (CBL) denied in a statement Tuesday giving letters of credit to selected businesspersons, describing the social media rumors as...
Central Bank of Libya denies favoritism claims
The Central Bank of Libya (CBL) denied in a statement Tuesday any favoritism or nepotism in the granting of Letters of Credit to the businessmen in...
Floating Libyan dinar not on the table amid current political division,...
The floating of the Libyan national currency – dinar – is not going to be possible without uniting the Libyan banking institution, a high-ranking...
Egypt repays $250 million of $2-billion loan
The Central Bank of Egypt (CBE) says that it repaid $250 million of the controversial five-year $2-billion interest-free loan given by Libya to Egypt in March...
Completion of the project of water transport system from Tobruk desalination...
Council of Ministers of the Libyan Interim Government authorized completion of the project of water transport system from Tobruk desalination plant to feed the...
Tobruk government reaches out to China to transmit solar power to...
Tobruk government reaches out to China to transmit solar power to EU
The eastern government of Abdullah Al-Thanni held talks in Bayda on Tuesday with...
