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Libyan companies target new markets via Nigeria's West Africa Food & Beverage Expo Arabian Gulf Oil Co increases production at Well B1-NC2 by 13 times using natural flow Misrata Free Zone signs MoU with Belgian Port of Antwerp-Bruges Production of drilling mud balancing materials at Al-Jawf Grinding Production Plant (G.P.P.) discussed Customs Authority foil attempt to smuggle large amounts of foreign currency at Ras Ajdir Border Rocksenergia signs agreement to produce antimony in Benghazi's Elmreisa Free Zone Director General of the Libyan Development and Reconstruction Fund receives high-level Turkish delegation Afriqiyah Airways receives three new engines for its Airbus A320 aircraft British Embassy Chargé d'affaires visits Ministry of Transport – Reopening of Tripoli International Airport discussed US economic delegation led by US Embassy visit NDA in Benghazi Libyan companies target new markets via Nigeria's West Africa Food & Beverage Expo Arabian Gulf Oil Co increases production at Well B1-NC2 by 13 times using natural flow Misrata Free Zone signs MoU with Belgian Port of Antwerp-Bruges Production of drilling mud balancing materials at Al-Jawf Grinding Production Plant (G.P.P.) discussed Customs Authority foil attempt to smuggle large amounts of foreign currency at Ras Ajdir Border Rocksenergia signs agreement to produce antimony in Benghazi's Elmreisa Free Zone Director General of the Libyan Development and Reconstruction Fund receives high-level Turkish delegation Afriqiyah Airways receives three new engines for its Airbus A320 aircraft British Embassy Chargé d'affaires visits Ministry of Transport – Reopening of Tripoli International Airport discussed US economic delegation led by US Embassy visit NDA in Benghazi Libyan companies target new markets via Nigeria's West Africa Food & Beverage Expo Arabian Gulf Oil Co increases production at Well B1-NC2 by 13 times using natural flow Misrata Free Zone signs MoU with Belgian Port of Antwerp-Bruges Production of drilling mud balancing materials at Al-Jawf Grinding Production Plant (G.P.P.) discussed Customs Authority foil attempt to smuggle large amounts of foreign currency at Ras Ajdir Border Rocksenergia signs agreement to produce antimony in Benghazi's Elmreisa Free Zone Director General of the Libyan Development and Reconstruction Fund receives high-level Turkish delegation Afriqiyah Airways receives three new engines for its Airbus A320 aircraft British Embassy Chargé d'affaires visits Ministry of Transport – Reopening of Tripoli International Airport discussed US economic delegation led by US Embassy visit NDA in Benghazi Libyan companies target new markets via Nigeria's West Africa Food & Beverage Expo Arabian Gulf Oil Co increases production at Well B1-NC2 by 13 times using natural flow Misrata Free Zone signs MoU with Belgian Port of Antwerp-Bruges Production of drilling mud balancing materials at Al-Jawf Grinding Production Plant (G.P.P.) discussed Customs Authority foil attempt to smuggle large amounts of foreign currency at Ras Ajdir Border Rocksenergia signs agreement to produce antimony in Benghazi's Elmreisa Free Zone Director General of the Libyan Development and Reconstruction Fund receives high-level Turkish delegation Afriqiyah Airways receives three new engines for its Airbus A320 aircraft British Embassy Chargé d'affaires visits Ministry of Transport – Reopening of Tripoli International Airport discussed US economic delegation led by US Embassy visit NDA in Benghazi
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Foreign Exchange Reserves

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Numisma Bank pledges to supply record amounts of cash dollars to the Central Bank of Libya in its Second Phase of cash injection to the Libyan market
May 17 Sami Zaptia

Numisma Bank pledges to supply record amounts of cash dollars to the Central Bank of Libya in its Second Phase of cash injection to the Libyan market

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CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs
Jan 26 Sami Zaptia

CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs

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Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports
Jan 18 Sami Zaptia

Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports

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Central Bank of Libya’s reserves increased by US$ 3 billion in 2024: Audit Bureau 2024 report
Jan 1 Sami Zaptia

Central Bank of Libya’s reserves increased by US$ 3 billion in 2024: Audit Bureau 2024 report

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Libya had an LD 12.8 billion budget surplus but a foreign exchange deficit of US$ 5.9 billion for January to August 2025: CBL‎
Sep 10 Sami Zaptia

Libya had an LD 12.8 billion budget surplus but a foreign exchange deficit of US$ 5.9 billion for January to August 2025: CBL‎

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A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎
Jul 2 Sami Zaptia

A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

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CBL meets JP Morgan Chase in DC – discussions include diversifying investment instruments to maintain and develop foreign exchange reserves
Apr 24 Sami Zaptia

CBL meets JP Morgan Chase in DC – discussions include diversifying investment instruments to maintain and develop foreign exchange reserves

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CBL expresses distress over March’s low oil revenues - threatening fiscal sustainability
Mar 19 Sami Zaptia

CBL expresses distress over March’s low oil revenues - threatening fiscal sustainability

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CBL latest data reveals US$ 9.9 billion deficit in foreign currency public spending in 2023
Jan 7 Sami Zaptia

CBL latest data reveals US$ 9.9 billion deficit in foreign currency public spending in 2023

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Libya's reserves averaged US$ 84 billion end of 2022: Arab Monetary Fund report
Feb 11 Sami Zaptia

Libya's reserves averaged US$ 84 billion end of 2022: Arab Monetary Fund report

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