News

Economy

Central Bank authorizes licensed exchange offices to sell foreign currency with  7% profit margin

The Central Bank of Libya has authorized exchange companies and offices licensed by the bank to sell foreign currency with a 7% profit margin over the Central Bank's selling price to banks operating in Libya.

This came in a letter sent by the Director of the Banking and Monetary Control Department at the Central Bank to licensed exchange offices and companies.

 The Central Bank warned that exchange companies will be subject to continuous and periodic monitoring through field inspections to assess their compliance with the Central Bank's instructions.

Sports

Al-Hilal, Al-Nasr win as Al-Akhdar, Al-Ahly Benghazi draw in opening league matches

The first leg of the first round in the Eastern Region of the Libyan Football League saw victories for Al-Hilal and Al-Nasr, while the match between Al-Akhdar and Al-Ahly Benghazi ended in a goalless draw.

In the city of Shahat, Al-Hilal secured a valuable 1-0 away win against Al-Sadaqa, with the goal scored by Hami Al-Tunji. The win raised Al-Hilal’s tally to six points, benefiting from the three bonus points awarded for topping their group, while Al-Sadaqa remained at one point.

Variety

Libyan court jails 11 bank staff for embezzling millions

Tripoli Criminal Court has sentenced 11 employees of a bank branch in Tripoli to varying prison terms after finding them guilty of embezzling 29 million Libyan dinars from a government-linked account.

The employees, all working at a branch of the National Commercial Bank based in Tripoli Central Hospital, were convicted by the Criminal Court of the Tripoli Court of Appeals.

The funds were allegedly taken from an account designated for certified checks issued through the bank agency.

Education

Higher Education Ministry says UNESCO wants to reopen its office in Tripoli

‎The UNESCO Regional Director for North Africa, Eric Falt, expressed on Monday the organization's desire to open a UNESCO office in Libya, pointing out the importance of permanent and direct communication in order to overcome all difficulties to complete stalled and future projects, according to a statement by the Ministry of Higher Education and Scientific Research.

Health

Al-Sayeh: Over 4.000 cancer patients have recovered thanks to Libyan medics

The Head of Libya’s National Anti-Cancer Authority, Haidar Al-Sayah, revealed that over 4,000 patients have fully recovered from cancer thanks to Libyan medical efforts.

In a speech published by the Libyan International Conference on Oncology and Radiotherapy, Al-Sayah said that more than 4,000 scans were conducted in the country over the past year.

Opinions

The frenzy of fake elites

Once again, in less than a month, statements by Musa Al-Koni, a member of the Presidential Council representing the south, have sparked controversy among activists and followers on social media. The previous time, he proposed an initiative to resolve the Libyan crisis, proposing a return to a system of regions and governorates, based on the principle of reducing the struggle for power and wealth by dismantling the central government and easing pressure on the capital.

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