Latest posts in Economy & Policyhttps://libyaherald.com/enhttps://libyaherald.com/2026/09/latest-cbl-stats-a-surplus-of-ld-303-billion-in-revenues-but-a-foreign-exchange-deficit-of-us-49-billion/https://libyaherald.com/2026/09/latest-cbl-stats-a-surplus-of-ld-303-billion-in-revenues-but-a-foreign-exchange-deficit-of-us-49-billion/The Central Bank of Libya announced yesterday in its statistical bulletin that Libya’s total revenues from January to the end of August 2026 amounted...Fri, 11 Sep 2026 18:14:00 GMThttps://libyaherald.com/2026/09/backlog-of-trucks-at-libyan-egyptian-land-crossing-due-imposition-of-unlawful-us-150-per-truck-inspection-certificate/https://libyaherald.com/2026/09/backlog-of-trucks-at-libyan-egyptian-land-crossing-due-imposition-of-unlawful-us-150-per-truck-inspection-certificate/Ibrahim Al-Jarari, the Chairman of the Joint Libyan-Egyptian Economic Chamber has issued a statement warning of a massive backlog of trucks at the Mus...Fri, 11 Sep 2026 16:56:00 GMThttps://libyaherald.com/2026/09/ministry-of-economy-customs-authority-coordinate-on-prohibiting-imports-outside-banking-system/https://libyaherald.com/2026/09/ministry-of-economy-customs-authority-coordinate-on-prohibiting-imports-outside-banking-system/The Ministry of Economy and Trade reported yesterday that during a meeting in Tripoli with the Director General of the Customs Authority, the Minister...Fri, 11 Sep 2026 15:44:00 GMThttps://libyaherald.com/2026/09/green-industry-centre-report-provides-valuable-sector-data-for-policy-and-plan-formulation/https://libyaherald.com/2026/09/green-industry-centre-report-provides-valuable-sector-data-for-policy-and-plan-formulation/‎The Green Industry Centre at the Ministry of Industry and Minerals reviewed the most prominent statistics and indicators contained in the Engineering...Thu, 10 Sep 2026 13:01:00 GMThttps://libyaherald.com/2026/09/pilot-operations-started-for-the-soon-to-be-launched-unified-economic-number/https://libyaherald.com/2026/09/pilot-operations-started-for-the-soon-to-be-launched-unified-economic-number/The National Council for the Unified Economic Number has approved the commencement of pilot operations for the electronic issuance of the Unified Econ...Thu, 10 Sep 2026 10:06:00 GMThttps://libyaherald.com/2026/09/libya-and-china-discuss-expanding-scope-of-economic-and-investment-cooperation-in-several-sectors-to-support-libyas-development-paths/https://libyaherald.com/2026/09/libya-and-china-discuss-expanding-scope-of-economic-and-investment-cooperation-in-several-sectors-to-support-libyas-development-paths/Libya and China discussed expanding the scope of economic and investment cooperation and leveraging Chinese expertise in reconstruction, development,...Wed, 09 Sep 2026 11:51:00 GMThttps://libyaherald.com/2026/09/after-relaxation-of-un-asset-freeze-long-term-investment-portfolio-ltp-achieves-us-125-bn-profits-in-2025/https://libyaherald.com/2026/09/after-relaxation-of-un-asset-freeze-long-term-investment-portfolio-ltp-achieves-us-125-bn-profits-in-2025/In a statement to CNN Business, Abdel-Fattah Ghaffar, Chairman of the Libyan Long-Term Investment Portfolio (LTP), a subsidiary of Libya’s main sovere...Wed, 09 Sep 2026 09:04:00 GMThttps://libyaherald.com/2026/09/why-has-the-cbl-failed-to-bring-down-the-black-market-foreign-exchange-rate-of-the-dinar-against-the-dollar/https://libyaherald.com/2026/09/why-has-the-cbl-failed-to-bring-down-the-black-market-foreign-exchange-rate-of-the-dinar-against-the-dollar/Ayoub Al-Farsi, a member of the Central Bank of Libya’s Monetary Policy Committee, noted that there are several reasons why despite all the recent eff...Tue, 08 Sep 2026 15:16:00 GMThttps://libyaherald.com/2026/09/mou-signed-to-implement-national-initiative-to-stabilize-and-support-the-bread-industry/https://libyaherald.com/2026/09/mou-signed-to-implement-national-initiative-to-stabilize-and-support-the-bread-industry/The Undersecretary of the Ministry of Industry and Minerals, Mustafa Al-Samou, signed a Memorandum of Understanding (MoU) yesterday with the Acting Mi...Tue, 08 Sep 2026 11:20:00 GMThttps://libyaherald.com/2026/09/global-competitive-urban-planning-initiative-gcupi-b-launched-in-benghazi/https://libyaherald.com/2026/09/global-competitive-urban-planning-initiative-gcupi-b-launched-in-benghazi/The Libya Development and Reconstruction Fund (LDRF) launched the Global Competitive Urban Planning Initiative (Greater Benghazi) in Benghazi, as part...Mon, 07 Sep 2026 13:52:00 GMThttps://libyaherald.com/2026/09/goods-imported-for-trade-outside-official-banking-channels-banned-from-30-september-minister-of-economy/https://libyaherald.com/2026/09/goods-imported-for-trade-outside-official-banking-channels-banned-from-30-september-minister-of-economy/The Tripoli based Libyan Ministry of Economy and Trade, Suhail Abu Shiha, issued decision 449/2026 today (dated 6 September 2026).The decision is aime...Mon, 07 Sep 2026 13:07:00 GMThttps://libyaherald.com/2026/09/dar-il-ifta-issues-opinion-on-personal-use-foreign-currency-transactions-profit-sharing-investment-banking-commissions/https://libyaherald.com/2026/09/dar-il-ifta-issues-opinion-on-personal-use-foreign-currency-transactions-profit-sharing-investment-banking-commissions/The Libyan Dar al-Ifta (the religious entity that interprets Islamic law and practice) in Tripoli has issued a memorandum regarding regulations for fo...Mon, 07 Sep 2026 12:24:00 GMThttps://libyaherald.com/2026/09/cbl-governor-issa-launches-several-initiatives-and-reviews-achievements-at-tripoli-arab-savings-and-financial-literacy-conference/https://libyaherald.com/2026/09/cbl-governor-issa-launches-several-initiatives-and-reviews-achievements-at-tripoli-arab-savings-and-financial-literacy-conference/Speaking at the opening of the 5th Arab Savings and Financial Literacy Conference 2026, organized by the Central Bank of Libya (CBL), CBL Governor Naj...Mon, 07 Sep 2026 10:01:00 GMThttps://libyaherald.com/2026/09/500-companies-black-listed-in-connection-with-lc-fraud-aca/https://libyaherald.com/2026/09/500-companies-black-listed-in-connection-with-lc-fraud-aca/The Administrative Control Authority (ACA), one of Libya’s main state monitoring agencies, said it discussed the file of five hundred companies that w...Mon, 07 Sep 2026 09:31:00 GMThttps://libyaherald.com/2026/09/meeting-on-preparations-for-libyan-korean-economic-cooperation-forum-to-be-held-in-libya-on-28-september-2026/https://libyaherald.com/2026/09/meeting-on-preparations-for-libyan-korean-economic-cooperation-forum-to-be-held-in-libya-on-28-september-2026/As part of efforts to strengthen bilateral relations in the field of international cooperation between Libya and the Republic of Korea, a meeting was...Fri, 04 Sep 2026 14:09:00 GMThttps://libyaherald.com/2026/09/e-payment-transactions-between-1-january-and-31-august-reached-ld-765-billion-reflecting-growing-use-of-e-payment-and-digital-banking/https://libyaherald.com/2026/09/e-payment-transactions-between-1-january-and-31-august-reached-ld-765-billion-reflecting-growing-use-of-e-payment-and-digital-banking/The total value of Libyan electronic payment transactions processed through various systems between 1 January and 31 August 2026, reached approximatel...Thu, 03 Sep 2026 17:17:00 GMThttps://libyaherald.com/2026/09/fuel-crisis-490-petrol-stations-involved-in-fuel-smuggling-closed-by-interior-ministry/https://libyaherald.com/2026/09/fuel-crisis-490-petrol-stations-involved-in-fuel-smuggling-closed-by-interior-ministry/The Minister of Interior, Major General Imad Trabelsi, revealed yesterday that 490 petrol stations, being exploited for fuel smuggling operations, wer...Thu, 03 Sep 2026 08:49:00 GMThttps://libyaherald.com/2026/09/lc-fraud-and-its-impact-on-exchange-rates-discussed-at-summit-meeting/https://libyaherald.com/2026/09/lc-fraud-and-its-impact-on-exchange-rates-discussed-at-summit-meeting/During its second periodic meeting—attended by representatives from the Central Bank of Libya, the Customs and Tax Authorities, and the Municipal Guar...Thu, 03 Sep 2026 07:32:00 GMThttps://libyaherald.com/2026/09/planning-minister-chairs-meeting-to-review-blue-economy-priority-initiatives-and-projects/https://libyaherald.com/2026/09/planning-minister-chairs-meeting-to-review-blue-economy-priority-initiatives-and-projects/The Higher Committee for the National Economic Diversification Framework, chaired by Minister of Planning Mohammed Al-Zaidani, held a meeting today to...Wed, 02 Sep 2026 16:15:00 GMThttps://libyaherald.com/2026/08/cement-prices-fall-to-ld-82-per-quintar-as-arab-union-construction-company-factory-restarts/https://libyaherald.com/2026/08/cement-prices-fall-to-ld-82-per-quintar-as-arab-union-construction-company-factory-restarts/The average cash price of 50 kgs (qintar/quintal) of the Zliten Al-Ittihad factory (Arab Union Construction Company - AUCC) cement fell to an average...Sun, 30 Aug 2026 13:56:00 GMThttps://libyaherald.com/2026/08/minister-of-industry-and-minerals-discusses-cooperation-with-kpmg-to-develop-the-sectors/https://libyaherald.com/2026/08/minister-of-industry-and-minerals-discusses-cooperation-with-kpmg-to-develop-the-sectors/The Minister of Industry and Minerals, Mohamed Abdelgader, met yesterday, at the Ministry ‘s Tripoli headquarters, with the Director of KPMG's Tu...Thu, 27 Aug 2026 08:48:00 GMThttps://libyaherald.com/2026/08/foreign-currency-usage-by-banks-from-january-to-end-of-july-2026-was-us-15987-billion-cbl-stats/https://libyaherald.com/2026/08/foreign-currency-usage-by-banks-from-january-to-end-of-july-2026-was-us-15987-billion-cbl-stats/The Central Bank of Libya revealed in its statistical publication yesterday that the total actual foreign currency usage by banks from the beginning o...Wed, 26 Aug 2026 14:31:00 GMThttps://libyaherald.com/2026/08/libyan-experts-forum-makes-several-wide-ranging-recommendations-to-support-libya/https://libyaherald.com/2026/08/libyan-experts-forum-makes-several-wide-ranging-recommendations-to-support-libya/The first Libyan Experts Forum (23 -25 August), organized by the Ministry of Labor and Rehabilitation in cooperation with the Libyan Authority for Sci...Wed, 26 Aug 2026 12:48:00 GMThttps://libyaherald.com/2026/08/pm-aldabaiba-discusses-project-development-and-governance-in-libya-with-kbr-delegation/https://libyaherald.com/2026/08/pm-aldabaiba-discusses-project-development-and-governance-in-libya-with-kbr-delegation/Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, met yesterday with a delegation from the US multi-sector giant KBR (Kellogg Brown & Ro...Tue, 25 Aug 2026 11:30:00 GMThttps://libyaherald.com/2026/08/tripoli-government-holds-follow-up-meeting-on-implementation-of-libyan-united-airlines-action-plan/https://libyaherald.com/2026/08/tripoli-government-holds-follow-up-meeting-on-implementation-of-libyan-united-airlines-action-plan/The Tripoli based Libyan government reported yesterday that Founding Committee of the National Aviation Holding Company held a meeting to follow up on...Mon, 24 Aug 2026 08:57:00 GMThttps://libyaherald.com/2026/08/tripoli-government-belatedly-addresses-bread-crisis-causes-vows-to-develop-solutions-to-bottlenecks/https://libyaherald.com/2026/08/tripoli-government-belatedly-addresses-bread-crisis-causes-vows-to-develop-solutions-to-bottlenecks/In an overdue move, the Tripoli based Undersecretary of the Ministry of Industry and Minerals, Mustafa Al-Samo, discussed with the Chairman of the Sup...Sun, 23 Aug 2026 19:49:00 GMThttps://libyaherald.com/2026/08/zliten-opens-eu-supported-fish-market-and-experimental-laboratory/https://libyaherald.com/2026/08/zliten-opens-eu-supported-fish-market-and-experimental-laboratory/Zliten Municipality announced today the opening of the fish market and the experimental laboratory for preserving and collecting fish.Zliten is locate...Sun, 23 Aug 2026 19:16:00 GMThttps://libyaherald.com/2026/08/cbl-governor-issa-and-pm-aldabaiba-agree-to-continue-to-implement-the-us-brokered-unified-spending-agreement/https://libyaherald.com/2026/08/cbl-governor-issa-and-pm-aldabaiba-agree-to-continue-to-implement-the-us-brokered-unified-spending-agreement/The Governor of the Central Bank of Libya (CBL), Naji Issa, met today at his office with the Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaib...Sun, 23 Aug 2026 19:13:00 GMThttps://libyaherald.com/2026/08/julyana-free-zone-port-conducts-imo-certified-port-facility-security-assessment-training/https://libyaherald.com/2026/08/julyana-free-zone-port-conducts-imo-certified-port-facility-security-assessment-training/Julyana Free Zone reported that an International Maritime Organization (IMO) accredited training course on "Port Facility Security Assessment&quo...Sun, 23 Aug 2026 10:43:00 GMThttps://libyaherald.com/2026/08/about-100-diaspora-experts-from-26-countries-participating-in-libya-experts-forum-begin-arriving-in-tripoli/https://libyaherald.com/2026/08/about-100-diaspora-experts-from-26-countries-participating-in-libya-experts-forum-begin-arriving-in-tripoli/For the first time in Libya, the Tripoli based Libyan Ministry of Labour and Rehabilitation is organising a forum that brings together diaspora minds...Sat, 22 Aug 2026 10:27:00 GMThttps://libyaherald.com/2026/08/libyan-customs-authority-general-union-of-chambers-of-commerce-discuss-strengthening-digital-cooperation/https://libyaherald.com/2026/08/libyan-customs-authority-general-union-of-chambers-of-commerce-discuss-strengthening-digital-cooperation/The Libyan Customs Authority and the General Union of Chambers of Commerce discussed yesterday strengthening digital cooperation and integrating elect...Fri, 21 Aug 2026 07:49:00 GMThttps://libyaherald.com/2026/08/tripoli-government-assures-of-ample-supplies-of-petrol-petrol-queues-still-forming-at-stations/https://libyaherald.com/2026/08/tripoli-government-assures-of-ample-supplies-of-petrol-petrol-queues-still-forming-at-stations/Libya's Tripoli based Ministry of Interior confirmed today the availability of sufficient quantities of petrol, urging citizens not to crowd at p...Fri, 21 Aug 2026 07:35:00 GMThttps://libyaherald.com/2026/08/ministry-of-economy-introduces-formula-for-libyan-companies-to-obtain-hard-currency-including-economic-activity-tax-payment-and-employment/https://libyaherald.com/2026/08/ministry-of-economy-introduces-formula-for-libyan-companies-to-obtain-hard-currency-including-economic-activity-tax-payment-and-employment/The Tripoli based Libyan Ministry of Economy and Trade announced today the adoption of a new mechanism for setting ceilings on companies' foreign...Thu, 20 Aug 2026 14:48:00 GMThttps://libyaherald.com/2026/08/tripoli-government-issues-resolution-4982026-regulating-foreign-education-in-libya/https://libyaherald.com/2026/08/tripoli-government-issues-resolution-4982026-regulating-foreign-education-in-libya/The Tripoli based Libyan government issued resolution 498/2026 yesterday (dated 17 August) regulating foreign education in Libya, comprising 55 articl...Thu, 20 Aug 2026 08:12:00 GMThttps://libyaherald.com/2026/08/pm-aldabaiba-receives-french-envoy-discusses-political-developments-arrangements-for-resuming-direct-flights/https://libyaherald.com/2026/08/pm-aldabaiba-receives-french-envoy-discusses-political-developments-arrangements-for-resuming-direct-flights/Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, received the French President's Special Envoy to Libya, Paul Soler, today. Soler conv...Wed, 19 Aug 2026 18:58:00 GMThttps://libyaherald.com/2026/08/spanish-exports-to-libya-up-by-1146-percent-libyan-imports-to-spain-up-668-percent/https://libyaherald.com/2026/08/spanish-exports-to-libya-up-by-1146-percent-libyan-imports-to-spain-up-668-percent/According to the Spanish Embassy in Libya, trade between Spain and Libya is experiencing strong growth, according to data for the first six months of...Wed, 19 Aug 2026 16:20:00 GMThttps://libyaherald.com/2026/08/government-grants-ministry-of-economy-authority-of-judicial-officers-ministry-suspends-27-companies/https://libyaherald.com/2026/08/government-grants-ministry-of-economy-authority-of-judicial-officers-ministry-suspends-27-companies/After the Tripoli government announced that it had granted the Ministry of Economy and Trade the authority of Judicial Officers to carry out its dutie...Tue, 18 Aug 2026 17:37:00 GMThttps://libyaherald.com/2026/08/libyan-export-development-authority-to-offer-subsidised-portable-electric-olive-harvesters/https://libyaherald.com/2026/08/libyan-export-development-authority-to-offer-subsidised-portable-electric-olive-harvesters/The Libyan Export Development Authority (LEDA) announced today the arrival of a new shipment of portable, battery-powered electric olive harvesters, a...Tue, 18 Aug 2026 17:12:00 GMThttps://libyaherald.com/2026/08/british-embassy-holds-several-meetings-with-airlines-officials-on-resumption-of-libya-flights/https://libyaherald.com/2026/08/british-embassy-holds-several-meetings-with-airlines-officials-on-resumption-of-libya-flights/The British Embassy has held several meetings with officials of airlines to discuss the resumption of flights between Libya and the UK.The revelation...Tue, 18 Aug 2026 14:44:00 GMThttps://libyaherald.com/2026/08/bread-prices-continue-to-rise-bakeries-could-close-down-if-they-are-not-allowed-to-adjust-prices/https://libyaherald.com/2026/08/bread-prices-continue-to-rise-bakeries-could-close-down-if-they-are-not-allowed-to-adjust-prices/Speaking to local Arabic language media, the head of the Higher Committee for Monitoring Bakeries, Ali Abu Azza, explained the problems faced by baker...Sun, 16 Aug 2026 15:47:00 GMThttps://libyaherald.com/2026/08/folow-up-meeting-on-libyan-american-tifa-cooperation/https://libyaherald.com/2026/08/folow-up-meeting-on-libyan-american-tifa-cooperation/The Tripoli based Libyan government reported today that the Libyan-American Strategic Partnership Team held a meeting to follow up on cooperation with...Sun, 16 Aug 2026 15:21:00 GMThttps://libyaherald.com/2026/08/samsung-innovation-campus-programme-launched-to-develop-youth-skills-qualify-them-in-fields-of-artificial-intelligence/https://libyaherald.com/2026/08/samsung-innovation-campus-programme-launched-to-develop-youth-skills-qualify-them-in-fields-of-artificial-intelligence/Under the supervision of the Tripoli based Libyan Office of the Minister of State for Digital Economy and Artificial Intelligence, the Samsung Innovat...Fri, 14 Aug 2026 11:17:00 GMThttps://libyaherald.com/2026/08/minister-of-industry-and-minerals-launches-trial-version-of-digital-mineral-map-of-libya-contributing-to-attracting-investment/https://libyaherald.com/2026/08/minister-of-industry-and-minerals-launches-trial-version-of-digital-mineral-map-of-libya-contributing-to-attracting-investment/The Acting Minister of Industry and Minerals, Mustafa Al-Samou, launched the trial version of the national system for the digital mineral map of Libya...Thu, 13 Aug 2026 15:06:00 GMThttps://libyaherald.com/2026/08/indicators-of-oil-exports-revenues-reflect-integration-of-government-and-state-institutions-ministry-of-economy/https://libyaherald.com/2026/08/indicators-of-oil-exports-revenues-reflect-integration-of-government-and-state-institutions-ministry-of-economy/The Tripoli Ministry of Economy and Trade stated last Tuesday (11 August) that Economic and financial performance indicators from January 1 to June 30...Thu, 13 Aug 2026 14:48:00 GMThttps://libyaherald.com/2026/08/libyan-industry-union-holds-meeting-to-discuss-business-environment-reforms-and-its-sector-investor-guide/https://libyaherald.com/2026/08/libyan-industry-union-holds-meeting-to-discuss-business-environment-reforms-and-its-sector-investor-guide/The headquarters of the Libyan Industry Union hosted last Tuesday ‎(11 August) an expanded meeting of the team assigned by the Technical Committee for...Thu, 13 Aug 2026 12:05:00 GMThttps://libyaherald.com/2026/08/cbl-governor-issa-meets-hsc-head-takala-committee-established-to-formulate-economic-financial-reforms/https://libyaherald.com/2026/08/cbl-governor-issa-meets-hsc-head-takala-committee-established-to-formulate-economic-financial-reforms/Following the tendering of his resignation letter on 10 August, the Central Bank of Libya (CBL) reported yesterday that its Governor, Naji Issa, met y...Thu, 13 Aug 2026 10:46:00 GMThttps://libyaherald.com/2026/08/hor-rejects-cbl-governors-request-to-resign-wows-to-help-overcome-challenges-faced/https://libyaherald.com/2026/08/hor-rejects-cbl-governors-request-to-resign-wows-to-help-overcome-challenges-faced/The House of Representatives' Committee on Planning, Finance, and the General Budget held an emergency meeting today with Naji Issa, the Governor...Wed, 12 Aug 2026 14:45:00 GMThttps://libyaherald.com/2026/08/minister-of-economy-discusses-ways-to-enhance-economic-trade-and-investment-relations-between-libya-and-malta/https://libyaherald.com/2026/08/minister-of-economy-discusses-ways-to-enhance-economic-trade-and-investment-relations-between-libya-and-malta/During his meeting with the Chargé d'affaires of the Maltese Embassy in Libya, Shaun Chircop Troisi, and the Director of the Malta Enterprise Aut...Wed, 12 Aug 2026 14:20:00 GMThttps://libyaherald.com/2026/08/cbl-governor-naji-issa-hands-in-his-resignation-dollar-trading-on-the-black-market-at-ld-930dollar/https://libyaherald.com/2026/08/cbl-governor-naji-issa-hands-in-his-resignation-dollar-trading-on-the-black-market-at-ld-930dollar/The Governor of the Central Bank of Libya has written (in widely leaked letter on social media and news sites) to the heads of the House of Representa...Mon, 10 Aug 2026 12:22:00 GMThttps://libyaherald.com/2026/08/cbl-to-resume-publication-of-monthly-revenue-and-expenditure-bulletins-after-receiving-wide-criticism-for-lack-of-transparency/https://libyaherald.com/2026/08/cbl-to-resume-publication-of-monthly-revenue-and-expenditure-bulletins-after-receiving-wide-criticism-for-lack-of-transparency/The Central Bank of Libya (CBL) announced today that it will resume the publication of its monthly revenue and expenditure bulletins starting early ne...Mon, 10 Aug 2026 11:46:00 GMT