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OCCRP: Libyan Central Bank failed to account for billions of new bills in cooperation with a British…

Amira cherni Jun 21, 2023

OCCRP, the specialized organization in organized crime and corruption, mentioned that Libya’s Central Bank in Tripoli failed to account for the delivery of US$4.8 billion worth of local dinar banknotes from a British printing company,…

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Libya occupies a prominent position with the largest gold reserves, despite the economic instability

Amira cherni Jun 14, 2023

The economic Business Insider Africa stated that Libya ranks third in Africa with the largest reserves of gold in 2023, with gold reserves estimated at 117 tons. The website added that Algeria comes on top of the African countries with…

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International Monetary Fund: Libya needs a clear economic strategy

Amira cherni Jun 13, 2023

The International Monetary Fund stated yesterday, Monday, that Libya needs an economic strategy that clearly outlines the path forward. This will be an opportunity to work on improving the utilization of oil revenues, diversifying the…

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Exclusive: At the request of “Eni Company”, the appeal of Tripoli postponed the verdict in its case

Amira cherni Jun 12, 2023

Attorney Thuraya Al-Tuwaibi told our source that the Tripoli Court of Appeal decided to return the appeal filed against the National Oil Corporation and Eni North African Oil and Gas Company, at the company's request, to July 12. …

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The Central Bank of Egypt obtains huge sums of Qatari and Libyan deposits

Amira cherni Jun 12, 2023

The Central Bank of Egypt said on Sunday that it had received huge deposits from Libya and Qatar late last year as Egypt grappled with a foreign currency shortage. The Egyptian bank said that the two deposits are one billion dollars…

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Global Finance selects Bank ABC Labs as one of the “Best Financial Innovation Labs in the…

Amira cherni Jun 2, 2023

Bank ABC has won two distinguished awards at Global Finance’s much-coveted The Innovators Awards -2023. The Bank’s innovation and digitisation centre, ABC Labs, has been named as one of “the World’s Best Financial Innovation Labs”, a…

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Exclusive: In implementation of the Central Bank’s plan, Jumhouria Bank reveals that 100 million…

Amira cherni May 29, 2023

Jumhouria Bank revealed, in an exclusive statement to our source, that a shipment of cash, worth 100 million dinars, had arrived at Benina Airport in Benghazi, to meet the needs of Jumhouria Bank customers in the eastern region. This is…

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Africa Intelligence: “The Paris Court of Appeal issues a ruling in favor of the NOC against a…

Amira cherni May 29, 2023

Today, Monday, the Paris Court of Appeal issued a ruling in favor of the National Oil Corporation against the Emirati energy company, Trasta, granting it full control of the Ras Lanuf refinery. Africa Intelligence said that the ruling…

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Ben Ayed participates in the activities of the International Arbitration Conference in Libya

Amira cherni May 28, 2023

The Chairman of the Board of Directors of LPTIC, Mr. Mohamed ben Ayed, accompanied by the head of the Administrative Control Authority, Professor Counselor Suleiman Al-Shanti, in the activities of the International Arbitration Conference…

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Exclusive: Liquidity team reveals to our source that 60 million dinars have arrived in bank branches…

Amira cherni May 27, 2023

The liquidity team at the Central Bank of Libya revealed, in an exclusive statement to our source, that at this moment a third shipment of liquidity, worth 60 million dinars, has arrived at Sebha Airport, allocated to bank branches in the…

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