More from Libya
馃嚤馃嚲Libya Herald路3 hours ago
Libya launches EPAIX 2026 to advance digital payments and fintech
The Governor of the Central Bank of Libya, Naji Issa, inaugurated the Second Libya International Exhibition for Electronic Payment and Financial Technologies "EPAIX 2026" on June 17, with the Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, and other officials in attendance. The exhibition, held on June 17 and 18, aims to develop the national payments system, promote financial inclusion, and drive digital transformation. The Governor emphasized the Central Bank of Libya's strategy to expand electronic payment use and reduce cash dependency to improve financial service efficiency, transparency, and inclusion. Three new services were announced: accepting international Visa cards via local points of sale, launching SoftPOS technology in Libya to convert NFC-enabled smartphones into electronic points of sale, and initiating the National Stand-In Processing Service project to ensure continuous electronic payment services during communication or banking system disruptions. EPAIX 2026 brings together financial institutions, technology companies, and experts to discuss the future of digital financial services in Libya.
2 min read
馃嚤馃嚲Libya Herald路22 hours ago
Third "Made in Libya" exhibition scheduled for Mauritania in December 2026
The Libyan Industrial Union LIU announced that the third "Made in Libya" exhibition will be held in Mauritania in December 2026. This announcement followed a meeting between the Chairman and Executive Director of the LIU and the Mauritanian Ambassador to Libya at the LIU's Tripoli headquarters. The visit aimed to strengthen economic partnership between the two countries and finalize coordination and logistical arrangements for the exhibition. The LIU stated that the event seeks to create new export opportunities and foster cooperation between Libyan manufacturers and their counterparts in Mauritania and West Africa. Both parties expressed their commitment to ensuring the success of this economic event to support Libyan national products and enhance their regional presence.
4 min read
馃嚤馃嚲Libya Herald路22 hours ago
Libyan Business Council Benghazi branch hosts Chinese Ambassador to discuss economic cooperation
The Libyan Business Council, Benghazi branch, recently hosted Ma Xioliang, the Ambassador of China to Libya, to discuss strengthening joint economic cooperation. This meeting follows the planned reopening of the Chinese Embassy in Libya at the end of 2025. Discussions focused on facilitating the return of Chinese companies to the Libyan market and their involvement in development and reconstruction projects. Ambassador Ma Xioliang highlighted the crucial role of the Libyan Business Council and other Libyan economic institutions in fostering connections between Libyan and Chinese companies, promoting expertise exchange, and establishing productive partnerships. The Libyan Business Council expressed its willingness to collaborate with the Embassy and relevant authorities to create an environment that supports the private sector's role in reconstruction and enhances trade relations between the two nations.
1 min read