The Head of the Libyan Presidential Council Fayez Al-Sarraj has called for a highly important meeting with high-profile officials to be held on Tuesday to discuss the ramifications of freezing oil revenues and proposeRead more
The Head of the National Oil Corporation (NOC), Mustafa Sanallah, reiterated on Sunday that the corporation will not release the oil revenues due to the lack of transparency and a clear mechanism from the Central BankRead more
The New Arab newspaper reported Libyan Central Bank board of directors' member Emraje Ghaith as saying that discussions are underway to unify state budget between the Government of National Accord and Interim Government in easteRead more
The Central Bank of Libya (CBL), on Friday, denied its connection with any agreements or understandings related to the distribution of oil revenues following Khalifa Haftar’s announcement of the resumption of oil produRead more
Libya's Tripoli-based Government of National Accord (GNA) and Turkey have signed an economy, technology cooperation protocol.
The Libyan and Turkish central banks signed on Monday a memorandum of understanding (MoU), laying out the terms for continued cooperation in economic and financial sectors.Read more
The Arab Banking Corporation ABC has recorded a net loss of 67 million USD, said the CBL head and CEO of the ABC group, Saddek Elkaber, on Saturday.Read more
The Central Bank of Libya (CBL) stated that the total funds Ok’d by the Ministry of Finance to challenge the Coronavirus pandemic amounted to 847 million dinars, of which 562 million were allocated to the Ministry of Health.Read more