CBL LD 15.6 bn loan to cover state budget deficit for period to 31 July
By Sami Zaptia. (Logo: Tripoli CBL). London, 18 August 2020: Libya’s Tripoli-based Central Bank of Libya (CBL) provided a LD...
Tripoli Finance Minister says Tripoli CBL is using monetary policy incorrectly
By Sami Zaptia. Libya's internationally recognized Finance Minister has blamed the Tripoli CBL for its poor monetary policy (Photo: Archive...
3,000 state-sector employees corruptly request opening of LCs to engage in prohibited private sector business: National Anti-Corruption Commission
By Sami Zaptia. Libya's National Anti Corruption Commission reported 3,000 state sector employees had corruptly attempted to open Letters of...
Shopping malls closed in Benghazi for refusing to use e-payments and POS machines
By Sami Zaptia. Shopping malls in Benghazi have been closed by the Interior Ministry for refusing to take e-payments from...
LISCO resumes production of 6mm steel wire coil
By Sami Zaptia. LISCO reports that it has resumed production of its 6mm steel wire coil (Photo: LISCO). London, 17...
Floating Single Buoy Mooring arrives for Sirt Oil Company at Brega port
By Sami Zaptia. Sirte Oil's new SBM arrives at Brega port (Photo: Brega port). London, 17 August 2020: A floating...
Libya and Turkey sign trade understandings to complete 184 stalled projects worth US$ 16 bn
By Sami Zaptia. Libya and Turkey signed economic and trade understandings to complete stalled projects (Photo: Social Media). London, 14...
Benghazi port receives 398 containers of mixed goods, 25,000 tons of wheat, 28,500 tons of barley and 6,000 tons of cement
By Sami Zaptia. Imports continue to arrive apace at Benghazi port, including cement which is an indicator of increased post-war...
Audit Bureau calls for launch of Libyan tenders and procurement e-portal to fight corruption
By Sami Zaptia. The Tripoli Audit Bureau has called for the government to launch a tenders and procurement e-portal (Photo:...
Italy investigates obstacles to improved penetration of Libyan market
By Sami Zaptia. Italy seeks to understand barriers to increased penetration of Libyan market (Photo: Tripoli Chamber of Commerce). London,...
Top Stories
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Qatari, Italian and Swiss US$ 2.7 billion investment in Misrata Free Zone to increase its capacity to 4 million containers annually
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CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar
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Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports
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ENI, in partnership with BP, NOC and LIA, commences drilling of deepwater exploration well in Gulf of Sirte
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Zawia airport construction starts – under the NDA and to be implemented by a Turkish company
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.