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Libya
Al Kabir seeks to retain control of Libyan Foreign Bank

Al Seddik Omar Al Kabir, Governor of the Central Bank of Libya. © Reuters

Central Bank Governor Al Seddik Omar Al Kabir wants to extend one of his lieutenants' term as chairman of the bank, which could end up receiving all national oil revenues. [...]

Published on 02/10/2020 at 06:00 GMT Reading time 2 minutes

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Business

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Abderraouf Kara
Al Seddik Omar Al Kabir
Central Bank of Libya
Libyan Foreign Bank
Mohamed Ben Youssef
Mohamed Najib Al Jamal
Muslim Brotherhood
National Oil Corporation
Nawasi
Rada
United Nations
UNSMIL

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British Arab Commercial Bank boosts its anti-money laundering credentials by recruiting from HSBC

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Libya
Fayez Sarraj lines up Tripoli's militias against Bachagha

Following the example of Rada, the Ghneiwa militia has now accepted the authority of Fayez Sarraj's Presidential Council. This brings the prime minister a step closer to gaining control of the Tripoli government's security system, which is normally answerable to the Ministry of the Interior, and, by the same token, to thwarting the ambitions of Misrati interior minister Fathi Bachagha.

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Libya
Central bank governor al-Kabir on a knife edge

Engaged in a battle for the control of Libyan Foreign Bank with Prime Minister Fayez Sarraj, the governor of the Libyan central bank Al Seddik Omar al-Kabir has been excluded from discussions about the future of the country's economy.

Subscribers only Business 15.01.2021

Seddiq Al Kabir, governor of the Central Bank of Libya.

Libya
Odds against Central Bank governor Al Kabir as board meeting looms

In the battle for control of the country's oil money, Prime Minister Sarraj could succeed in having the Central Bank of Libya board dismiss its governor Al Seddik Omar Al Kabir.

Subscribers only Politics 09.12.2020

The governor of the Libyan Central Bank Al Seddik Omar Al Kabir, has remained in office sincehis term expired in 2014.

Libya
Al Kabir places his men at head of Libyan Foreign Bank to keep eye on petrodollars

The Central Bank of Libya governor has positioned his strongmen on the provisional board of the LFB, which handles all of NOC's petrodollars, as part of his power struggle against Prime Minister Fayez Sarraj.

Subscribers only Business 26.10.2020

The governor of the Libyan central bank, Al Seddik Omar Al Kabir.

Libya
CBL governor Al Kabir blocks payment of Deloitte audit

A UN-ordered audit of the Central Bank of Libya and its Eastern rival is being blocked by governor Al Seddik Omar Al Kabir in a move that could earn him UN sanctions.

Subscribers only Politics 10.07.2020

Central Bank of Libya governor Al Seddik Omar Al Kabir.

Spotlight | Libya
Behind-the-scenes battle in Tripoli for top intelligence job

The coveted post of Tripoli intelligence chief is giving rise to a power struggle within the government as Turkey considers a major overhaul of the intelligence services.

Subscribers only Politics 02.07.2020

Turkish Foreign Minister Mevlüt Çavusoglu was on a trip to Tripoli on 17 June, along with the head of the Turkish intelligence agency MIT, Hakan Fidan, as Ankara seeks to weigh in on the overhaul of Libyan intelligence.

Libya
Interior Minister Fathi Bachagha purges security services

Far from the front lines, Interior Minister Fathi Bachagha has begun to shake up the security apparatus. But he is clashing with the Muslim Brotherhood, who want Khaled Al Sharif to succeed former spy chief Abdulkader al-Tuhami, who died on 9 May.

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Spotlight | Libya
With no Haftar-Bachagha deal, Tripoli fighting continues

Following the failure of the humanitarian truce called for on March 18 by the United Nations to prevent the coronavirus (Covid-19) spreading in Libya, nothing seems likely to stop the fighting in Tripoli between Khalifa Haftar's Libyan National Army (LNA) [.

Subscribers only Politics 26.03.2020

In Focus | Libya
Washington, Doha and Ankara wrestle for control of Central Bank of Libya

The unification of the two Central Banks of Libya (CBL) is a priority for Washington, which has been doing all in its power since September to oust the powerful governor of the Tripoli CBL, Al Seddik Omar Al Kabir.

Subscribers only Diplomacy 21.10.2019

A view of the Central Bank of Libya in central Tripoli.

Libya
Mohamed Ben Youssef holds up the LFB to get his job back

Former Libyan Foreign Bank (LFB) boss Mohamed Ben Youssef carried out a strong-arm operation against the bank on June 6 [...]

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Spotlight | Libya
Misrata wants central bank as war booty if Khalifa Haftar wins

The Misrati forces fighting Khalifa Haftar's Libyan National Army (LNA) are preparing to smuggle the Central Bank of Libya (CBL) out of Tripoli to their home city in the event that they are routed. This fall-back plan could cause serious [.

Subscribers only Politics 20.06.2019

Libya
Now prosecutor al Sour targets CBL boss al Kabir

Tripoli prosecutor general Siddiq al Sour is to investigate central bank governor Al Seddik Omar al Kabir.

Subscribers only Business 28.02.2019

Spotlight | Libya
Abderraouf Kara grabs control of Libyan Foreign Bank

Powerful militia leader Abderraouf Kara has extended his influence to the top echelons of the Libyan Foreign Bank (LFB), Libya's principal issuer of letters of credit! According to our sources, Kara used his military muscle to facilitate the appointment of [.

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Spotlight | Libya
Fayez Sarraj held hostage by Misrati and Zintan forces

As Maghreb Confidential anticipated (MC 1306), the united front of militias "protecting" Tripoli rapidly collapsed following the attack of the 7th Brigade on August 27, forcing national union government head Fayez Sarraj to find new allies.

Subscribers only Politics 20.09.2018

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Abderraouf Kara
Al Seddik Omar Al Kabir
Central Bank of Libya
Libyan Foreign Bank
Mohamed Ben Youssef
Mohamed Najib Al Jamal
Muslim Brotherhood
National Oil Corporation
Nawasi
Rada
United Nations
UNSMIL

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Libya
Al Kabir seeks to retain control of Libyan Foreign Bank

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About Africa Intelligence

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Africa Intelligence on social media

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About Africa Intelligence

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Indigo Publications' websites

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Libya Al Kabir seeks to retain control of Libyan Foreign Bank

This article may be accessed by subscribers

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Set up email notifications for these topics

Africa, Libya, United Kingdom British Arab Commercial Bank boosts its anti-money laundering credentials by recruiting from HSBC

Libya Fayez Sarraj lines up Tripoli's militias against Bachagha

Libya Central bank governor al-Kabir on a knife edge

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Libya Al Kabir places his men at head of Libyan Foreign Bank to keep eye on petrodollars

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Libya Interior Minister Fathi Bachagha purges security services

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Libya Mohamed Ben Youssef holds up the LFB to get his job back

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Libya Now prosecutor al Sour targets CBL boss al Kabir

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Spotlight | Libya Fayez Sarraj held hostage by Misrati and Zintan forces

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Libya
Al Kabir seeks to retain control of Libyan Foreign Bank

Africa, Libya, United Kingdom
British Arab Commercial Bank boosts its anti-money laundering credentials by recruiting from HSBC

Libya
Fayez Sarraj lines up Tripoli's militias against Bachagha

Libya
Central bank governor al-Kabir on a knife edge

Libya
Odds against Central Bank governor Al Kabir as board meeting looms

Libya
Al Kabir places his men at head of Libyan Foreign Bank to keep eye on petrodollars

Libya
CBL governor Al Kabir blocks payment of Deloitte audit

Spotlight | Libya
Behind-the-scenes battle in Tripoli for top intelligence job

Libya
Interior Minister Fathi Bachagha purges security services

Spotlight | Libya
With no Haftar-Bachagha deal, Tripoli fighting continues

In Focus | Libya
Washington, Doha and Ankara wrestle for control of Central Bank of Libya

Libya
Mohamed Ben Youssef holds up the LFB to get his job back

Spotlight | Libya
Misrata wants central bank as war booty if Khalifa Haftar wins

Libya
Now prosecutor al Sour targets CBL boss al Kabir

Spotlight | Libya
Abderraouf Kara grabs control of Libyan Foreign Bank

Spotlight | Libya
Fayez Sarraj held hostage by Misrati and Zintan forces