Banking & Finance

10-09-2012
Jordan's Arab Bank says it has not been involved in managing Libya's Wahda Bank - in which it owns a 19% stake - since the 2011 conflict, and now sought to "reengage" with Libya.
05-09-2012
The Central Bank of Libya (CBL) says the country's banking sector is in good shape, denying recent rumours of problems, and says foreign currency reserves stand at LD121bn ($96bn).
03-09-2012
The chairman of the Libyan Investment Authority (LIA) said in a recent interview that the sovereign wealth fund now has approval to invest within Libya, and is reviewing its accounts.
27-08-2012
Libya's crude oil revenues stood at LD32.6bn ($25bn) in the first half of 2012 as production recovered strongly after the 2011 conflict.
26-08-2012
The Central Bank of Libya (CBL) has organised workshops on Islamic financing and small and medium-sized businesses.
20-08-2012
The state-controlled Qatari bank, which acquired the 49% stake in April, reportedly renegotiated the deal after originally agreeing a price of LD240m ($189m) in 2010.
16-08-2012
The Central Bank of Libya (CBL) has announced Ramadan and Eid working hours applicable to all commercial banks in Libya
09-08-2012
The Central Bank of Libya (CBL) says it will accept cheques above LD250,000 ($197,000) into its automated cheque processing system until the end of August.
09-08-2012
The Sahara Insurance company recorded a net profit of LD605,000 ($476,000) in the second quarter of 2012.
09-08-2012
The Libyan Stock Market (LSM) which manages and regulates the country's bourse, says it made a net profit of LD1.8m ($1.4m) in the second quarter of 2012.
09-08-2012
United Insurance, which is listed on the Libya Stock Market (LSM), held its annual general meeting in late June and approved a dividend to shareholders.
09-08-2012
The Libyan Stock Market (LSM) regulator has named the three companies who have best complied with disclosure requirements in the second quarter of 2012.
09-08-2012
The state-controlled National Union Engineering Consultants, which is listed on Libya's stock market, held assets of LD10.6m ($8.3m) at the end of the first quarter but recorded a sizable loss.
09-08-2012
State-controlled Gumhouria Bank, Libya's largest lender by asset size, made a net profit of LD95.3m ($75m) in April-June 2012, with total assets up slightly on the previous quarter.
08-08-2012
The Ministry of Economy has published a new decision setting out regulations governing Islamic insurance, or takaful.