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Russian central bank conducts no forex market interventions on Jan 22 MOSCOW: The Russian central bank said on Monday it had conducted no interventions on the foreign exchange market on Jan. 22.The central bank releases its interventions data with a lag of two working days.-ReutersCopyright Reuters, 2015


Aer Lingus says considering new bid from BA DUBLIN: Aer Lingus said on Monday it was considering a revised takeover approach from International Consolidated Airlines Group (IAG) after the owner of British Airways made a third bid of 2.55 euros per share.The Irish airline said the bid comprised an all cash offer of 2.50 per euros share and a cash dividend of 0.05 euros per share, and that it remained conditional on the recommendation of the board and receipt of irrevocable commitments from ...

Eltel says to raise SEK 2.8-3.1bn in IPO STOCKHOLM: Sweden's Eltel, a supplier of technical services for infrastructure networks, said on Monday the final price in its initial public offering in Stockholm is expected to be between 55-70 crowns per share. The prices given would value the company at 3.7-4.3 billion Swedish crowns ($444-516 million).Eltel said it expects the first day of trading on Feb.6.The value of the offering amounts to about 2.8-3.1 billion crowns and will provide the company of around 1.3 ...

Japan's Marubeni halves profit outlook on oil price slide, Gavilon TOKYO: Japanese trading house Marubeni Corp on Monday halved its net profit projection for this business year, booking losses on resource assets due to falls in oil, copper and coal prices.It is now forecasting a net profit of 110 billion yen ($935 million) for the year ending in March, compared with its earlier forecast of 220 billion yen.The company also said it would book an goodwill impairment loss of about 50 billion yen related to ...

Kenya's National Housing plans 5bn shilling bond: paper NAIROBI: Kenya's National Housing Corporation, a government agency for developing residential houses, plans to issue a 5 billion shilling ($54.53 million) bond this year, a local newspaper reported on Monday.Business Daily quoted the firm saying proceeds from the issue, which will be listed on the Nairobi bourse, will be used to fund the construction of news homes in the capital and two other cities.The east African nation's housing market is beset by a number of ...

ECB's Visco says no fixed end to QE: paper FRANKFURT: There is no fixed end to the European Central Bank's government bond-buying programme, governing council member Ignazio Visco told a German paper."There is no fixed end to the programme that we have decided on," Visco told Handelsblatt in an interview published on Monday, adding it was also vital that euro zone economies implement their structural reforms and consolidate their budgets.Visco also warned that the ECB should not be overburdened in the current situation."Mario Draghi ...

Malaysia Airlines website hacked by group 'Cyber Caliphate' KUALA LUMPUR: The official website of national carrier Malaysia Airlines was hacked on Monday by a group calling itself the "Official Cyber Caliphate".The website, www.malaysiaairlines.com, currently shows a photograph of a lizard in a top hat and tuxedo, surrounded by the messages '404 - Plane Not Found' and 'Hacked by Lizard Squad - Official Cyber Caliphate'. The hackers also listed three unverified Twitter account addresses and a recorded a rap song. Representatives from the airline ...


 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln