Libya to seek renewed credit rating: Central Bank Governor Elkaber
By Nigel Ash Tripoli, 21 May 2013: Libya is considering re-establishing its presence in capital markets as a borrower according to reports that it is seeking to renew its credit rating are correct. Standard and Poor’s has been asked to provide a new assessment of the country’s creditworthiness,…
Ninety projects, 20,000 housing units by local companies: Minister of Housing
By Sami Zaptia. Tripoli, 21 May 2013: Housing and Utilities Minister Ali Sherief revealed at Sunday’s Prime Ministerial press conference that contracts with local companies for 90 projects covering about 18,000 housing units were signed. He admitted that the delay in the activation of the budget has held…
Central Bank signs Islamic finance training deal with Malaysian university
Kuala Lumpur, 20 May 2013: The Central Bank of Libya has signed a cooperation agreement in Kuala Lumpur with the International Centre for Education in Islamic Finance (INCEIF) to ensure support in developing Sharia-compliant programmes at the bank. The CBL is looking to benefit from Malaysian expertise in Islamic…
