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News
Exclusive: CBL Corresponds with Moamalat Financial Services Company, Urging Completion of…
In an exclusive update, our source obtained a letter from the Director of Payments and Settlements Department at the Central Bank of Libya to the CEO of Moamalat Financial Services Company.
The Central Bank has called for the…
Exclusive: CBL Discloses Exclusively About Foreign Exchange Sales During the Last Three Weeks of…
Our source at the Central Bank of Libya revealed in an exclusive statement that the foreign currencies sold to commercial banks during the month of November, the past three weeks, amounted to approximately $1.7 billion, including $1…
Exclusive: Parliament Revokes Decision Granting Omar Al-Dulaimi Chairmanship of Anti-Corruption…
Our source revealed that a decision has been issued by the Speaker of the Parliament to revoke the decision enabling Omar Al-Dulaimi to chair a limited-scope committee within the National Anti-Corruption Authority, related to settling the…
Bank ABC achieves profits of $183 million
Bank ABC revealed its financial results for the third quarter of 2023, where net profits attributable to the shareholders of the parent company amounted to $183 million.
The bank also won a number of prestigious awards for its…
ElKabir initiates the second workshop with the aim of complying with the most up-to-date standards…
ElKabir inaugurates the second workshop aimed at aligning with the most current banking supervision standards and requirements. The event was attended by his deputy, Marai Al-Barasi, as well as the Director of the Banking and Monetary…
Exclusive: Al-Saadi to our source: “The Man-Made river water needs 6 days to return to Gharyan…
The spokesman for the Man-Made River Authority, Salah Al-Saadi, told our source that water had stopped in the city of Gharyan, and the areas located from Tarhuna in the east to Al-Ruhaibat in the west.
Al-Saadi added that the water…
Head of Central Bank of Libya Engages in Global Economic Discussions at Annual IMF Meetings
Marrakesh, Kingdom of Morocco – In a momentous gathering of economic leaders from around the world, H.E. Mr. Saddek Omar Elkaber, Governor of the Central Bank of Libya, held a crucial dialogue during the plenary session of the annual…
Global Economic Leaders Discuss Poverty Reduction and Sustainable Development in Africa
In a high-level meeting held during the annual meetings of the International Monetary Fund in Marrakesh, Kingdom of Morocco, H.E. Mr. Saddek Omar Elkaber, the Governor of the Central Bank of Libya, and his team engaged in discussions with…
Key Discussions on Monetary Policy and Foreign Reserves in Marrakesh Meeting
In a meeting conducted on Wednesday, the 11th of October in Marrakesh, Kingdom of Morocco, Mr. Maree Muftah Raheel Al-Barasi, Deputy Governor of the Central Bank of Libya, and his team engaged in discussions with Mai Khamis, the Deputy…
Collaborative Meeting on Hurricane Daniel Relief and Asian Market Insights
Expressing solidarity and condolences to the victims of Hurricane Daniel, the meeting focused on strengthening cooperation between the two banks, the follow-up on recommendations from the March 2023 Washington meeting, an evaluation of the…