Hundreds register for new CBL service

Libya’s central bank has launched a digital platform allowing companies to register for access to foreign currency, as part of efforts to bring greater oversight and transparency to the country’s foreign exchange system.The Central…

Libya and US explore $70 billion investment prospects

Massad Boulos, Senior Adviser to US President Donald Trump for African and Middle Eastern Affairs, concluded a series of meetings in Tripoli on Wednesday with senior Libyan officials, aimed at exploring opportunities for economic…

UN envoy meets AU officials to align efforts on Libya

The United Nations Support Mission in Libya (UNSMIL) has announced continued consultations with African Union officials in the lead-up to a scheduled meeting of the AU Peace and Security Council on the situation in Libya.In a…

Iran warns off USS Fitzgerald in Gulf, state media reports

Iranian state media reported on Wednesday that a US Navy destroyer was warned to change course after allegedly approaching waters under surveillance by Iranian forces, prompting the vessel to turn away. The United States has not yet…

Khoury visits Tarhuna as UN shapes new roadmap for Libya

Stephanie Khoury, Deputy Special Representative of the UN Secretary-General for Political Affairs, visited the city of Tarhuna on Wednesday as part of the United Nations Support Mission in Libya’s (UNSMIL) ongoing consultations to…

Legal wins for NOC, but €24m battle continues

Libya’s National Oil Corporation (NOC) has secured a major legal victory after successfully overturning three international lawsuits filed by Swiss firms seeking to freeze its assets and shares, with claims amounting to €35 million.…

Libya’s crypto boom goes underground

In the midst of Libya’s volatile political divide, a new and largely invisible economy is taking root—one that is decentralised, lucrative, and increasingly beyond the reach of state control.Bitcoin mining, officially banned and…

Tripoli and Algiers strengthen oversight cooperation

The Chairman of Libya’s Administrative Control Authority, Abdullah Qaderbouh, met with Salima Mesrati, President of Algeria’s High Authority for Transparency, Prevention and the Fight Against Corruption, to discuss deepening bilateral…