CBL increases foreign currency amount for LCs to 10 percent of its annual budget
By Sami Zaptia. CBL Tripoli is increasing the amount of hard currency available for priority LCs from 5 to 10...
LAP is looking for JV partners in a stable Libya
By Sami Zaptia. Ahmed Kashadah Managing Director of LAP speaking at the LBBC event at the House of Lords(Photo: LAP)....
United NOC meets with oil companies
By Libya Herald reporter. NOC meets with Waha Oil chairman (Photo: NOC) Tripoli, 11 July 2016: Following the decision to...
Gatrani calls on HoR recognised LIA chairman Bouhadi to continue recognising HoR
By Sami Zaptia. The tug-of-war over continues who is the legitimate chairman of the LIA and from which Libyan government...
Competition, more POS processing centres, cards and machines are key to POS market growth
By Sami Zaptia. (Logo: Tadawul). London, 8 July 2016: Libya’s private sector has reacted to the two recent Libya Herald articles...
Moamalat POS processing centre to float 30 percent, 2,000 new machines ordered
By Sami Zaptia. State-owned Moamalat Financial Services company, the exclusive POS processing company in Libya, plans to increase services and...
Tobruk port struggles with high cargo volumes
By Ajnadin Mustafa. Tobruk port (Photo: MarineTraffic.com) Tripoli, 4 July 2016: Tobruk, the only fully-functioning eastern port is buckling under...
Just under 30,000 POS cards issued by Libyan banks January to May
By Sami Zaptia. The Audit Bureau reports that five Libyan banks had issued just under 30,000 POS cards up to...
Hatif Libya expands its fixed line wireless internet service Hanet for 110,000 new customers
By Sami Zaptia. Hatif Libya is expanding its wireless fixed line internet service to 110,000 new customers (Photo: Hatif Libya)....
Libya’s state telecoms sector agrees to reunify its board under the GNA
By Sami Zaptia. LPTIC is to reunite its board after its 2014 split along political lines. London, 24 June...
Top Stories
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Waha Oil Company successfully completes drilling, testing, and commissioning of new gas wells BB19 and BB20 producing 26 million cubic feet of gas
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Al-Jouf Dry Free Port launched in Kufra
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Chief of Staff Haddad’s body returned from Turkey to Tripoli for an official reception, memorial ceremony and burial
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CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems
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Western Libya’s Chief of General Staff of the Libyan Army and his accompanying delegation die in plane crash over Ankara
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.