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Exclusive: Al-Harshaoui Reveals the Incident at Wahda Bank in Eastern Libya and the Involvement of a…
In a conversation with our source, Jalel Al-Harchaoui, a Libya affairs expert at the Royal United Services Institute, confirmed that a currency trader at Wahda Bank in Benghazi allegedly deposited checks worth 280,000 dinars and…
Exclusive: Central Bank Calls Sahara Bank’s Management to a Meeting, and Here Are the Reasons
Our source has obtained a correspondence from the Director of the Supervision Department at the Central Bank of Libya addressed to the Chairman of the Board of Directors of Sahara Bank.
The correspondence invites the Board of Directors…
Al-Raied to Sada: “For these reasons, our prices will gradually increase”
The Chairman of the General Federation of Chambers of Commerce, Industry, and Agriculture and the Chairman of Al-Naseem Company, Mohamed Al-Raied, spoke exclusively to our source stating that our product prices have become reasonable due…
Exclusive: The Central Bank adds a new clause to the credit regulations by not accepting pro forma…
Our source has obtained a communication from the Central Bank of Libya to the general managers of banks, adding regulations for credits that require adherence to not accepting pro forma invoices issued by general trading companies.
…
Exclusive: ABC Bank Announces First Quarter 2024 Financial Results with Profits of $75 Million
Today, ABC Bank Group (Arab Banking Corporation B.S.C.), whose shares are traded on the Bahrain Bourse under the symbol "ABC," announced its financial results for the first quarter of 2024.
The group started the year on a strong…
Exclusive: Marketing Department at Jumhouria Bank Clarifies Services Offered by the Bank
The Marketing Department at Jumhouria Bank stated to our source that the bank is committed to providing services and overcoming difficulties for all traders by granting them Point of Sale (POS) systems. This is to facilitate customers in…
Exclusive: Referencing the IMF Consultation Report, Al-Manea Reveals Benefits of Cancelling the…
Mustafa Al-Manea, a member of the Libyan delegation to the International Monetary Fund (IMF) and World Bank meetings, stated to our source: "We followed with interest the report issued today on the Article IV consultations with the IMF,…
Exclusive: Zarmouh: “Economically, is Libya really doing well?”
Professor of Economics at the Libyan Academy, Dr. Omar Zarmouh, stated in an interview with our source, commenting on the speech of the Governor of the Central Bank of Libya, number (11/1201), addressed to the Prime Minister of the…
Africa Intelligence: Oil Minister Aoun Replaced by Signature of Ibrahim Dbeibeh.. Here are the…
Africa Intelligence, the French intelligence website, reported today, Monday, that the family of Dbeibeh tightened its grip on the Ministry of Oil in Tripoli.
The French agency confirmed that the Minister of Oil, Mohamed Aoun, was…
Exclusive: Approaching Launch of Credit and Personal Items System at New Price
Our source at the Central Bank of Libya revealed a statement about the imminent opening of the credit and personal items system at the new price.
According to the source, the personal items system will open after the decision is…