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At least 10 dead in Somalia hotel attack: officials MOGADISHU: At least 10 people have died in an attack by Al-Qaeda-linked Shebab militants on a hotel in Somalia's capital Mogadishu, Somali security officials said Friday."There are at least 10 people killed, including Somalia's ambassador to Switzerland who was in the hotel," one of the security sources told AFP.The source added that Somali government special forces had entered the city centre Maka al Mukarama hotel and were in the process of securing it after several hours of intense fighting.Another security official said around five gunmen entered the hotel after detonating a car bomb at its rear gate."One of them was armed with a very heavy machine gun. Most of the dead are security guards who fought the attackers," the official, who also asked not to be named. said.Another official said the attackers were thought to have been killed after more than three hours of fighting."All the attackers were killed and ...

BlackBerry ekes out profit as revenues plunge MONTREAL: Canada's BlackBerry said Friday it posted a modest profit in the past quarter, beating expectations despite a continued slide in its revenues.The Waterloo, Ontario-based company posted earnings of $28 million in the quarter ending February 28, compared to a $423 million loss a year earlier. Its fourth quarter revenues, meanwhile, were $660 million -- down 32 percent from a year earlier and 16 percent from the prior quarter.About 10 percent of its revenues were ...

EU considers two-person cockpit rule after Alps crash BRUSSELS: The EU said Friday it is studying whether to make airlines keep two crew members in the cockpit at all times after the Alps crash in which a Germanwings co-pilot flew his Airbus into a mountain.Brussels is considering changing its current rules following revelations that Andreas Lubitz locked his captain out of the cockpit on Tuesday and deliberately sent Flight 4U 9525 crashing into the ground, killing 150 people."We are waiting for the conclusions ...

European stocks mixed ahead of Greek deal announcement LONDON: Europe's main stock markets diverged Friday as dealers awaited news on a deal over Greece's finances next week, while also tracking unrest in Yemen.London's benchmark FTSE 100 index fell 0.47 percent to stand at 6,870.24 points in afternoon deals.Frankfurt's DAX 30 was up a slight 0.08 percent to 11,853.69 points and the CAC 40 in Paris gained 0.15 percent to 5,013.89 compared with the close on Thursday.The euro slid to $1.0874 from $1.0884 late ...

EU's Mogherini to attend Iran talks on Sunday: diplomatic source BRUSSELS: The EU's foreign policy chief Federica Mogherini will join the Iran nuclear talks in Switzerland this weekend, a European diplomatic source said on Friday, two days before a key deadline."She is expected in Lausanne on Sunday," the European source said. French Foreign Minister Laurent Fabius and British Foreign Secretary Philip Hammond have also indicated that they will be present.Hammond, on a visit to Washington, earlier said he would only fly to Switzerland if there ...

Feisty US Senate Democrat leader Harry Reid to retire WASHINGTON: Harry Reid, the combative leader of the Democrats in the US Senate who became a trusted ally to Barack Obama when he assumed the presidency, said Friday he will not seek reelection in 2016.The 75-year-old lawmaker from Nevada, a savvy and relentless backroom operator on Capitol Hill, suffered serious injuries while exercising in his Las Vegas home in January that left him with broken facial bones and nearly blind in one eye.In a video ...


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Arrow Sensex 27,457.58 2.33

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln