No Result
View All Result
Tuesday, May 30, 2023
23 °c
Tripoli
21 ° Tue
21 ° Wed
21 ° Thu
22 ° Fri
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Former regime project on hold worth $140 BN says Elkaber

byMichel Cousins
January 28, 2013
Reading Time: 1 min read
A A
Former regime project on hold worth $140 BN says Elkaber
12
SHARES
51
VIEWS
Share on FacebookShare on Twitter

Tripoli, 26 January 2013:

The Central Bank of Libya Governor, . . .[restrict]Saddek Elkaber, has confirmed that Libya has projects on hold approved by the former regime were worth up to $140 billion. They are currently under review.

The figure is higher than the $100 billion previously mentioned by government ministers.

Elkaber added that there are additional new projects worth yet more billions which would be offered for tender.

RELATED POSTS

Cabinet approves projects with foreign entities: Roads, transit trade, feasibility studies, radar systems, culture and training

Mitiga airport development project reaches 85 percent completion rate

Speaking to Kuwait’s Al Seyassah newspaper, he said that Libyan currency is currently not accepted outside the country but that an agreement had been reached with Tunisia regarding the acceptance and exchange of currencies, but with a limit.

He also said that the Central Bank would inform neighbouring countries in the near future about new Libyan banknotes so that their banks would be able to recognise and accept them.

Elkaber added that the bank was continuing to withdraw old currency notes gradually so as not to cause confusion in the exchange market.  He explined that the new notes would be in circulation by the end of January.

The currency notes being withdrawn are the old, large size, five and ten dinar notes, with the series numbers starting with a 4 or a 5.

[/restrict]

Tags: banknotesCBLCentral Bank of LibyacurrencyElkaberGovernorprojectsSaddek Elkabeer
Share5Tweet3Share1

Related Posts

GECOL says all eastern power stations ready to operate
Business

GECOL supplies new equipment and spare parts for its stations and confirms ability to end power cuts

May 29, 2023
Expected Resumption of Commercial Activity of Libyan Merchants in Tunisia, while Two Tunisians Were Injured by a Nalut Local
Business

The Tripoli Libyan Ministry of Transport confirms development plan for Libya-Tunisia Ras Jedir border crossing

May 27, 2023
NOC condemns Friday’s Mitiga aviation fuel depot shelling, evacuates staff
Business

An instant 350 cylinder per hour cooking gas filling station opened in Jalo

May 27, 2023
NOC announces force majeure at Zawia port
Business

NOC completes strategic project to increase local gas supply and clean pipelines

May 27, 2023
Turkish business delegation meets Economy Minister Hwej: Invited to participate in state and private sector development projects
Business

Turkish business delegation meets Economy Minister Hwej: Invited to participate in state and private sector development projects

May 27, 2023
Libya’s Al-Ghazala Misrata Paints Factory opens first showroom in Niamey, Niger
Business

Libya’s Al-Ghazala Misrata Paints Factory opens first showroom in Niamey, Niger

May 25, 2023
Next Post
Misrata council member murdered

Misrata council member murdered

Applications to join police soar

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU

    Tripoli Libyan government conducts drone strikes against criminal hideouts in western coast

    127 shares
    Share 51 Tweet 32
  • State recognised militia and Libyan Army clash in central Tripoli

    110 shares
    Share 44 Tweet 28
  • US Embassy in Tripoli announces easing of visa protocol: One-year multiple entry visas now replace three-month single-entry visas

    104 shares
    Share 57 Tweet 20
  • Libya and Austria discuss reopening airspace

    79 shares
    Share 35 Tweet 19
  • The Tripoli Libyan Ministry of Transport confirms development plan for Libya-Tunisia Ras Jedir border crossing

    51 shares
    Share 20 Tweet 13
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

State recognised militia and Libyan Army clash in central Tripoli

FDCC destroys non-conforming shipments of medicines, calls on suppliers to respect Libyan health standards

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?