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Spotlight | Libya
Central bank governor Al Kabir battles for control of Libya's petrodollars

The governor of the Libyan Central Bank, Al Seddik Omar al-Kabir.
The governor of the Libyan Central Bank, Al Seddik Omar al-Kabir. © Murat Gok/Anadolu/AFP
Al Seddik Omar Al Kabir is waging an underground war against Prime Minister Abdelhamid Dabaiba, who is protecting his ally, the National Oil Corp boss Farhat Omar Bengdara. At stake is control of the country's oil revenues. [...]
Published on 30.11.2023 at 04:40 GMT Reading time 4 minutes Sarah Vernhes
Energy, Politics

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Inner circles | Libya
Central Bank of Libya at heart of battle between Dabaiba and Bachagha

With billions of dollars of oil revenues in its coffers, the politically powerful Central Bank of Libya has been presided over for a decade by the unbudgeable Al Seddik Omar Al Kabir. It recently began the process of reuniting with its breakaway branch in eastern Libya and found itself straight away in the middle of the tug-of-war between Abdelhamid Dabaiba and Fathi Bachagha for the premiership.

LogoSubscribers only Politics 18.02.2022
The Governor of the Libyan Central Bank (LCB) Al Seddik Omar al-Kabir.

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