Libya's new government is still taking stock of extensive investments made in Africa by the former regime of Muammar Gaddafi before deciding on what it should do next. Mohammed Abdul Aziz, Libya's deputy foreign minister, admitted on Thursday that the National Transitional Council (NTC) does not yet know the exact extent of Libyan investments on […]
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Libya’s Central Bank Plans Law to Allow Islamic Bond Sales: Arab Credit
Libya’s central bank is preparing a law to allow lenders and issuers to sell Islamic bonds as part of its efforts to develop banking services after the fall of Muammar Qaddafi. The regulator has formed a committee with the country’s banks to prepare the law, Ezzedin Ashur, deputy director of research and statistics at the […]