Risk MENA Edition

Absar Alam was shot in the ribs and was in hospital but out of danger

Four crew dead, 9 missing after cargo ship runs aground in Philippines

The crew of LCT Cebu Great Ocean abandoned the vessel, which was carrying nickel ore and 2,000 litres of diesel, before it ran aground

security

India's ONGC says 3 employees kidnapped from eastern Indian oil rig

The employees were kidnapped in a company-owned vehicle

saudi arabia

Saudi authorities intensify efforts to curb virus

970 new cases reported amid crackdown on violators

economy

Fitch downgrades Egypt’s real GDP growth to 2.9% in FY 2020/2021

The rating agency also downgraded Egypt’s real GDP growth for FY 2021/2022, starts in July, to 5%

environment

Pacific Ocean storm intensifies into year's first super typhoon

More than 100,000 people were evacuated from coastal areas

financial services

Bad loans at UAE banks likely to increase once relief measures are over - S&P

Ratings agency assigns BICRA score for local banks at par with Mexico, Philippines, Qatar

saudi arabia

Saudi Arabia’s anti-corruption authority initiates a number of criminal cases

The authority said crimes of financial and administrative corruption do not fall under the statute of limitations

transport

Nearly 100 people injured after train derails in Egypt

Several people were hurt in Egypt after eight train carriages derailed in Qalioubia province north of Cairo

security

Risk MENA Edition

UAE businesses hit with growing wave of ransomware attacks: report

COVID-19: Kuwait to extend partial curfew until end of Ramadan

Saudi Interior Ministry warns of quarantine if laxity in COVID-19 protocols continues

Saudi authorities intensify efforts to curb virus

India-Dubai travellers must get COVID-19 test 48 hours before flight

Bad loans at UAE banks likely to increase once relief measures are over - S&P

Saudi Real Estate Refinance plans $1bln sukuk issue, Al Arabiya reports

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Zawya Coverage

UAE's FAB starts share transfer for acquisition of Bank Audi's Egyptian unit

Emirates Airline could approach government for cash or take on more debt

UAE's Zurich Capital Funds Group launches Islamic digital bank

Dubai Investments buys 21.5% stake in NGI from Emirates NBD, becomes biggest shareholder

UAE's Universal Tubes, India's Tata Steel execute blockchain trade finance deal

Insights

U.S. banks deploy AI to monitor customers, workers amid tech backlash

Poorest countries will follow a tricky path back to debt markets

Banking on Saudi SAMA’s advice to combat financial crime

Latest News

Pakistan probes shooting of former prominent journalist critical of military

Four crew dead, 9 missing after cargo ship runs aground in Philippines

India's ONGC says 3 employees kidnapped from eastern Indian oil rig

Saudi authorities intensify efforts to curb virus

Fitch downgrades Egypt’s real GDP growth to 2.9% in FY 2020/2021

Pacific Ocean storm intensifies into year's first super typhoon

Bad loans at UAE banks likely to increase once relief measures are over - S&P

Saudi Arabia’s anti-corruption authority initiates a number of criminal cases

Nearly 100 people injured after train derails in Egypt

Abu Dhabi Hazardous Materials Management Team marks five years of keeping the emirate safe

Multimedia

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GalleryGerman car rampage kills five

GalleryHurricane Iota smashes Central America

GalleryManila submerged by Typhoon Vamco