CBL governor meets Chairman of Arab Monetary Fund in Morocco

The Governor of the Central Bank of Libya, Siddik Al-Kabir, met Monday with the Director-General and Chairman of the Arab Monetary Fund, Abdulrahman Abdullah...

Tripoli CBL governor challenges Parliament appointment, says will remain in post

The Governor of the Tripoli-based Central Bank of Libya, Al-Siddiq Al-Kabir said he will remain in office and continue doing economic reforms in the...

Libya’s NOC says oil production remain under many budget constraints.

Libya’s ability to rebuild its oil output will be hindered by ongoing constraints on National Oil Corporation’s (NOC) budget, Chairman of NOC, Mustafa Sanallah...

Sanalla says protecting NOC necessary for Libya to survive.

Protecting NOC is necessary for Libya to survive, National Oil Corporation Chairman Mustafa Sanalla told an international conference in London today. “NOC is the...

The rise of dinar exchange in the parallel market

An economic expert said that the high exchange rate of the dinar against international currencies is an attempt by the Central Bank of Libya...

The decline of the dollar in the parallel market was due...

The head of the liquidity crisis at Central Bank of Libya stated that commercial banks do not need to provide liquidity from Central Bank...

Libya to Diversify Sources of National Revenue.

Libya “seeks to benefit from financial revenues of exports, in order to reduce the total independence on oil as the main source of income...

Libya CBL Governor took oath of office before Tobruk’s parliament.

The newly-elected governor of Libya’s Central Bank Mohamed Al-Shoukri took the oath of office on Monday before the Libyan Tobruk-based House of Representatives (HoR). “The...

Libyan Dinar gains more value against US Dollar.

Libyan dinar experienced a new hike in the black market on Thursday to close 20% higher than Wednesday with LYD 4.95 per $1, compared...

General Board of Fairs invites ministries and authorities to participate in...

General Board of Fairs invites all ministries, authorities, institutions and companies in the public and private sectors, businessmen, chambers of commerce and individuals to...