Tripoli: The Central Bank of Libya (CBL) approved a new legal framework for the Libyan Credit Information Centre (LCIC) as a step toward developing the LCIC and increasing transparency, which will lead to improved access and an enhanced business environment in Libya. This step opens new opportunities for small and medium-sized companies in Libya to secure financial support with the approval of the CBL and the support of Expertise France through the E-Nable project. The institution provided through workshops and training sessions was key to ensuring that the legal framework meets international best practices and addresses the specific needs of the Libyan financial system. Head of the Libyan Credit Information Centre, Nabil Abujnah, said, 'We welcome the approval of the new Libyan Credit Information Centre's legal framework, recognizing its transformative potential and affirming our commitment to work with our international partners towards facilitating equitable financial access and enhancing the financial ecosystem across Libya.' 'It is another important contribution of the European Union to the Libyan efforts to develop a sound and productive business environment for all. The Center's operations are crucial for improving credit risk management. Our tailored capacity-building workshops have equipped the Center's staff with specific expertise in credit information management, data protection, and international standards, and we will continue building on this important achievement with a new program further strengthening the Libyan financial sector, in collaboration with the CBL.' EU Ambassador to Libya, Nicola Orlando, said Source: Libyan News Agency Cairo, The Global Gathering to Support the Choice of Resistance renewed its full solidarity with Syria ithe schemes and conspiracies that it has been exposed to for more than a decade, stressing that Syria is the gateway to Arab national security. That came during the delegation's meeting with the Syria's permanent representative to the Arab League, Ambassador Hussam al-Din Ala , at the Syrian Embassy' headquarters in Cairo on Wednesday. The delegation's members pointed out to the brotherly relation s between the Egyptian and Syrian peoples, and Syria is the first line of defense for Egypt and the gateway to the Arab nation, as well as the terrorist organizations deployed in Syria are funded externally and implement external schemes. For his part,Ambassador Ala praised the stances of the gathering members, their support for principled and just causes, and their solidarity with Syria in the face of the war of terrorism and media misinformation campaigns. During the meeting, Ala presented the situation in Syria, and the priorities of the Syrian state, which are eliminating terrorism, liberating all of the occupied Syrian territories, and developing the Syrian economy damaged by terrorism. He pointed out that the seriousness of the stage requires strengthening Arab solidarity to confront the existential dangers threatening the Arab nation, especially in light of the war of genocide by the Israeli occupation entity against the Palestinian people to force them to leave their land and liquidate the Palestinian cause. Source: Syrian Arab News Agency
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