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Up to 50 killed in Monday's Boko Haram attack on Nigeria town: UN GENEVA: Up to 50 people were killed in an attack carried out by suspected Boko Haram Islamists in a northeast Nigeria border town this week, the UN said Friday.The attack on Damasak on Monday "killed up to 50 people and forced at least 3,000 to flee for their lives to Diffa region in neighbouring Niger," Adrian Edwards, spokesman for the UN refugee agency, told reporters.Copyright AFP (Agence France-Presse), 2014 ...

Pope arrives in Ankara to begin three-day Turkey visit ANKARA: Pope Francis on Friday arrived in Ankara to begin his first visit to Turkey, in a challenging three-day trip aimed at building bridges with Islam and supporting the embattled Christian minorities of the Middle East, state television pictures showed.The pope is spending his first day in the Turkish capital, notably holding a meeting with President Recep Tayyip Erdogan at his newly-constructed and hugely controversial presidential palace.Copyright AFP (Agence France-Presse), 2014 ...
Namibia votes in general elections WINDHOEK: Voting began Friday in Namibia's presidential and legislative elections, in an election that is expected to see the ruling SWAPO party retain power in the country it has run since independence 24 years ago.Voters at Katutura township, outside the capital Windhoek, formed long lines before daybreak, including some first-time "born free" voters -- those born after independence in 1990."It's a rich country with poor people, so I hope there is more balance," said 43-year-old ...
OPEC agrees to maintain oil output level: Kuwait VIENNA: OPEC decided here Thursday to maintain its oil output ceiling, Kuwait's oil minister told reporters, despite a global supply glut that has sent crude prices crashing.Asked what decision the Organization of Petroleum Exporting Countries had taken following a lengthy meeting of its dozen members, Ali al-Omair said: "No change."The 12-nation oil cartel, which is headquartered in Vienna, has opted to leave its collective daily oil output target at 30 million barrels, even after crude ...
Saudis win case for no OPEC output cut VIENNA: Gulf oil producers led by Saudi Arabia on Thursday won the case for keeping OPEC output unchanged, overriding calls from poorer members of the exporters' group for action to halt a slide in crude prices.Benchmark Brent crude oil fell $3 to its lowest since September 2010, at under $75 a barrel, on expectations that huge global oversupply will build up in coming months. OPEC also decided to meet next on June 5, 2015."It was ...
GCC mulls Ebola tests for all foreign workers ISLAMABAD: The Gulf Cooperation Council (GCC) states are considering approving a strategy to tackle Ebola, which would include tests for all foreign workers.This was announced on Wednesday by Tawfeek Ahmad Khoja, director general of the GCC's health ministers' council, in an address at the body's 81st session. Khoja said the meeting was a preparatory one for the upcoming 78th conference of the GCC health ministers, Arab news reported.He said the body would discuss a wide ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln