CBL insists that it has resumed opening of LCs
By Sami Zaptia. The CBL insists LCs are available but within its new conditions released in January (Logo: CBL). London, ...
Tag: LCs letters of credit
CBL meets businesses regarding its new regulations for opening LCs
By Sami Zaptia. The CBL met with the business community yesterday to discuss its newly introduced stringent regulations for opening ...
Wheat imports delay could lead to bread flour shortage in east
By Sami Zaptia. The Ministry of Economy warns CBL of possible crises if LCs for wheat for subsidized bread flour ...
CBL introduces new stringent internal and external restrictions on opening of LCs
By Sami Zaptia. The CBL has introduced new stringent restrictions on opening LCs (Logo: CBL). London, 13 January 2016: The Tripoli-based ...
Harmonized System (HS) codes must be used for Libyan imports as of October
By Libya Herald reporter. Libyan importers must use the Harmonized System (HS) codes as of October (file photo). Malta, 21 ...
Audit Bureau exposes foreign currency scams
By Libya Herald reporter The Audit Bureau in cooperation with the Public Prosecutor's Office opens empty containers in Tripoli port ...
CBL: LD 3 bn in FX smuggling, money laundering – accuses local banks of corruption
By Libya Herald reporter. The CBL denies responsibility for spike in black market FX rate (Photo: CBL). Tripoli, 15 July ...
CBL eases LCs for manufacturing raw materials
By Libya Herald reporter. Tunis, . . .23 June 2014 The Central Bank of Libya (CBL) has today eased restrictions ...
Abducted CBL employees freed after colleagues threaten total bank closure; leading militia leader accused of masterminding the kidnap
By Saber Ayyub. Tripoli, 12 June 2015: Three staff members at the Central Bank of Libya kidnapped two days ago ...
Libya’s import ban ”short termist, inflationary, encourages blackmarketeering”: Husni Bey
By Libya Herald editor. Tunis, 23 May 2015: Leading Libyan businessman Husni Bey condemned the move by the Tripoli-based authorities' ...
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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Zawia airport construction starts – under the NDA and to be implemented by a Turkish company
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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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Libya’s state mobile company Almadar to launch 5G services soon
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.