Economy

Letters of credit available for importing basic commodities

Tuesday, April 5, 2016 - 20:04

The Libyan National Commercial Union has met earlier Tuesday with the Central Bank of Libya and they both have agreed on activation of letters of credit as well as accepting the letters of credit related to basic commodities for

Al-Fallah: businesspersons are not to blame for cash drama in commercial banks

Monday, April 4, 2016 - 22:33

The Chairman of the Libyan Businessmen Council, Abdullah Al-Fallah, refuted, in a Monday statement, the allegations about withdrawing cash from banks and causing complexities in the flow of cash.

Salvation Government orders CBL to collect certain money notes

Wednesday, March 23, 2016 - 18:07

Libya rings fourth on Arabs and thirty-first on the world in 2016 gold reserves

Tuesday, March 15, 2016 - 18:48

CBL Freezes Accounts Amid Corruption

Tuesday, March 15, 2016 - 18:32

The Central Bank of Libya (CBL) has announced the freezing of 150 bank accounts of private companies and 450 individual ones and has sent them to the Attorney General’s Office for persecution as per law number (02) for 2005

Libyan authorities hand over intercepted gold and money to CBL

Monday, March 14, 2016 - 21:34

The Central Bank of Libya has received Monday gold bars weighing 333 kg and foreign currency sums, including 1.7 million euros and 500,000 dollars from the Mitiga airport security brigade, an official in the Mitiga airport secur