Risk MENA Edition
Latest News
Magnitude 5.8 quake hits in vicinity of Iran's Qeshm island in the Gulf - Fars
The report did not present any information about possible casualties or damage.
S&P downgrades Sharjah to 'BBB', with stable outlook
The ratings agency cited increasing debt and interest burdens
Salalah Port to receive $67mln in Cyclone Mekunu damage claims
Half the amount of the settlement was received by the company in 2018, with the balance amount due to be settled this year.
$273, six black points for littering from cars in UAE
Fines will be imposed on drivers caught dumping rubbish on the roads from their vehicles, while driving in Abu Dhabi
Lebanon debt plan may need 70% haircut, 50% currency drop, Capital Economics estimates
Lebanon formally requested the IMF's technical help
Lebanon's president asks cabinet to start drafting 2021 budget
The heavily indebted state is facing a financial crisis
Lebanese central bank caps interest rates on deposits- Lebanese media
The Lebanese central bank has set an interest rate cap of 4% on dollar bank deposits and a cap of 7.5% on Lebanese pound deposits
Major risks Gulf insurers will face this year: S&P
Ratings agency explains how risks could lead to higher capital expenditures, consolidation
Lebanon to keep studying decision on Eurobonds -finmin
Wazni also said a circular would be issued in coming days on regulating informal capital controls that are being enforced by commercial banks
Moody's may upgrade TAQA’s credit ratings
The review will include the A3 long-term issuer rating
Insights
Not just the virus, we must also curb the misinformation
Globally, too, efforts are being made to stop inaccuracies and distortions from spreading
For China, communication and control are key to tackling virus: Peter Apps
China has been able to respond in a way it's almost impossible to imagine any other country beginning to be capable of.
Oman's fiscal challenges to remain post-succession: Fitch Ratings
Sultan Haitham could pursue bolder fiscal and economic reform