News & Press Releases

Rating actions, announcements, and market commentary from SANAD

SANAD's own quarterly sector reports are in Publications & Research

Latest Rating Actions

Public rating actions and preliminary indications published by SANAD

2 Jul 2026BB+(LY)

United Bank for Commerce & Investment

Banking

Withdrawn

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2 Jul 2026BBB-(LY)

Assaray Trade & Investment Bank

Banking

Stable

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2 Jul 2026BBB(LY)

First Gulf Libyan Bank

Banking

Stable

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2 Jul 2026BB(LY)

Bank of Commerce & Development

Banking

Stable

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29 Jun 2026CCC+(LY)

Mediterranean Insurance (Al-Mutawassitia)

Insurance

StablePreliminaryRating Watch

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29 Jun 2026CCC+(LY)

Al-Alamiya (Global) Insurance Company

Insurance

StablePreliminaryRating Watch

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29 Jun 2026CCC+(LY)

Al-Ittihadia Takaful Insurance

Insurance

StablePreliminaryRating Watch

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29 Jun 2026CCC+(LY)

Tibesti Insurance Company

Insurance

StablePreliminaryRating Watch

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Market & Economic News

Selected Libyan economic developments, curated by our analysts

Analyzing Monetary Policy in Libya: A Review of the New CBL Book

Libya Herald · 2026-09-24

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Libya PIB Moves to Simplify Investment Approvals and E-Visa Procedures

Libya Herald · 2026-09-24

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Libyan Businessmen Council to Attend Libyan Indonesian Forum in Jakart

Libya Herald · 2026-09-24

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Libya Trade Network Discusses Unified Trade System with Shipping Firms

Libya Herald · 2026-09-23

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CBL Governor Joins Committee to Align International Support with Libya

Libya Herald · 2026-09-23

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Libya Ministry of Economy Approves 52 Foreign Company Decisions

Libya Herald · 2026-09-23

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Libya Ministry of Industry Discusses Water Desalination with Rotary

Libya Herald · 2026-09-22

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Libya’s National Oil Corporation says the shutdown of the Sharara-Zawiya crude pipeline has cut production by around 130k BPD and warns losses will rise if the shutdown persists

Newsquawk · 2026-09-22

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Libya's NOC warns of force majeure after Sharara pipeline halt

Quantum Commodity Intelligence · 2026-09-22

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Strengthening the Libyan Dinar: Beyond Exchange Rate Intervention

Libya Herald · 2026-09-21

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North African nation with Africa’s largest oil reserves sees revenues top $2 billion as Austria discovers a 45 million-barrel oil reserve in Libya

Business Insider Africa · 2026-09-21

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Libya’s Sharara (300k BPD) oil output drops by more than half after a pipeline shutdown, according to reports

Newsquawk · 2026-09-21

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