CBL allows for opening of LCs for imports through land borders
By Sami Zaptia. (Logo: Tripoli CBL). London, 24 February 2021: The Tripoli Central Bank of Libya (CBL) has adjusted its ...
Tag: LCs letters of credit
CBL responds to Global Witness report on LC corruption
By Sami Zaptia. (Logo: Tripoli CBL). London, 20 February 2021: The Tripoli Central Bank of Libya (CBL) today responded to ...
Fraudulent Libyan Letters of Credit money entering international financial system via London – Report
By Sami Zaptia. (Photo: Global Witness /Leon Neal / AFP via Getty Images). London, 19 February 2021: A new report ...
Libyan imports to continue to be allowed to enter without Letters of Credit payment prerequisite
By Sami Zaptia. Libyan imports to continue to allowed to enter without LC payment (Photo: Pymnts.com). London, 27 August 2020: ...
Libyan market may reopen for Tunisian agricultural products next week: Tunisian Agri Union
By Sami Zaptia. The Tunisian Agricultural Union has reported that resumption of its country's fruit exports will resume next week ...
Libya’s General Union of Chambers’ head attacks Tripoli CBL’s policy intransigence
By Sami Zaptia. The head of the Libyan General Union of Chambers of Commerce and Industry, Mohamed Raied has accused ...
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 ...
Serraj Ministry of Finance calls for more hard currency for small business to negate black market
By Sami Zaptia. The Serraj Ministry of Finance has called for more currency to be made available for small business ...
CBL to investigate companies suspected of smuggling hard currency through LCs
By Sami Zaptia. (Logo: Tripoli CBL). London, 21 May 2018: The Governor of the Tripoli-based Central Bank of Libya (CBL), ...
CBL blames Ramadan food shortages and price rises on Audit Bureau intervention
By Sami Zaptia. (Logo: Tripoli CBL). London, 17 May 2018: In its ongoing tit-for-tat political power struggle with the Presidency ...
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Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower
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Libyan Ministry of Oil and Gas and Algeria’s Sonatrach discuss enhancing cooperation in the sector
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Libya needs over one million housing units over next 10 years costing over 200 billion dinars
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Three million illegal immigrants in Libya, 75 % of whom are families, constitute ”settlement” which Libyans reject – illegally transfer US$ 7 billion annually: Interior Minister Trabelsi
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.