Tag: Central Bank of Libay

19Nov By EditorNo Comments

Business, News, Politics

Libya: CBL Praises ‘Unified Development Agreement’ Signed by Parliament, HCS

Tripoli— The Central Bank of Libya (CBL) has praised the signing of an agreement by the Libyan Parliament and the High Council of State on the Unified Development Program (UDP), considering it an imp...

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9Oct By EditorNo Comments

Business, News, World

Libya’s Central Bank: Value of Investment Portfolios is at $98.8 Billion

Tripoli— The Central Bank of Libya (CBL) has reported that the rise in gold and currency prices has led to a positive impact on the total value of the investment portfolios, which amounted to approxi...

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25Sep By EditorNo Comments

Business, News, Science, World

Libya: Saved Italy’s FIAT in 1976, Abdulla Al-Saudi, Libyan Banker, Passes Away

Tripoli— Mr. Abdulla Ammar Al-Saudi, a prominent Libyan banker and a major figure in the financial world of the Middle East died on Tuesday 23 September 2025. He was recognized as a respected interna...

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8Apr By EditorNo Comments

Business, News, Politics

FULL TEXT: Libya’s Central Bank’s Statement on 6 April

Tripoli— On 6 April, the Central Bank of Libya (CBL) announced a 13.3% devaluation of the dinar against special drawing rights (SDRs), increasing the value of the dollar by 5.5677 dinars. Under this ...

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8Apr By EditorNo Comments

Business, News, Politics

Libya’s Central Bank Says Illegal Migrants Cost Country $7 Billion Annually

Tripoli— The Central Bank of Libya (CBL) says the influx of illegal migration drains the country of $7 billion annually, according to an official statement published by the bank on 6 April. The CB...

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20Feb By EditorNo Comments

News, Politics

Libya: Parliament Demands Foreign Diplomats Respect Sovereignty

Benghazi—The Libyan House of Representatives has strongly reiterated its demand that foreign diplomats should abide by international norms and the Vienna Convention of Diplomatic Relations and respec...

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14Jan By EditorNo Comments

Business, Libya, News

Libya: Oil Revenues Decrease by 22.6% in 2024

Tripoli— Libya has witnessed a sharp decrease in oil revenues by 22.6 per cent in 2024 comparing to the previous year recording only US$15.51 billion compared to $20.04 billion during the year 2023, ...

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1Jan By EditorNo Comments

Business

Electronic Payments in Libya Increase to 20B Dinars

Tripoli—Tripoli—Electronic payments in Libya have witnessed an unprecedented increase in a relatively short period to reach 20 billion dinars, with more than 70,000 points of sale (POS) and four mill...

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26Nov By EditorNo Comments

Libya, News

Norland: We Support ‘Credible’ Roadmap for National Elections

Benghazi_ "I underscored full US support for UNSMIL's vital role in facilitating the political process to lead to unifying governance and a credible roadmap for successful national elections," the US...

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