Libya

A deal with Ukraine should secure Libya's future wheat supplies, reducing its exposure to global food shortages. In return, Ukraine will regain access to oil concessions.

High oil prices have given Libya the upper hand in its relations with international oil companies (IOCs). Despite a revision of their contract terms, IOCs will continue to invest... 2008-06-25

Libya has slammed plans by the European Union (EU) for a pan-Mediterranean political and economic sphere. The so-called Union for the Mediterranean is to be officially launched in... 2008-06-24

We are forecasting further depreciation in the value of the Libyan dinar during the second half of 2008, to LYD1.25/US$, down from a current level of LYD1.19/US$. The dinar is pegged... 2008-06-24

Negotiations between Libya and the US to reach a final compensation deal for the victims of Libyan-sponsored terrorist attacks continue, signalling a strong will on both sides to... 2008-06-03

We are forecasting real GDP growth of 7.0% in 2008, on the back of record oil prices, investment in infrastructure projects and the growing participation of foreign businesses in... 2008-06-03

Foreign interest in the Libyan banking sector is growing, although for now, commercial banks account for a tiny proportion of banking activity and private firms' access to credit... 2008-06-03

As the official launch of the Union for the Mediterranean draws closer, we reiterate our view that the Arab-Israeli conflict will hinder any meaningful political integration, although... 2008-05-29

We have downgraded our short-term political risk ratings in light of the current opacity surrounding potential changes to the Libyan cabinet system. The possibility of major upheaval... 2008-05-15

Despite its ongoing reintegration into the world political scene, Libya continues to cause controversy. Four months after joining the UN Security Council, Libya's representative sparked... 2008-04-28