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Blast kills six security forces in Egypt's Sinai CAIRO: At least six Egyptian security force personnel were killed by a remotely detonated roadside bomb in the Sinai Peninsula on Sunday, medical and security sources said.The bomb exploded as a patrol responsible for protecting a natural gas pipeline passed by, the sources said.Copyright Reuters, 2014


Bolivia's Morales wins reelection with 61 percent: official LA PAZ: President Evo Morales swept to a third term with 61 percent of the vote, electoral officials said Saturday in confirming the result.The October 12 balloting was a massive vote of support and a strong mandate to expand his leftist reforms.In power since 2006 and Bolivia's first indigenous president, Morales earned 37 points more than his closest rival, wealthy cement magnate Samuel Doria Medina.Morales will extend his time in office to 14 years, until ...

Hungary's Orban gets free rein for 'illiberal democracy' BUDAPEST: Fresh from a third electoral win this year, Hungary's controversial Premier Viktor Orban will have a free rein in his second term to build what he terms an "illiberal democracy," analysts say. After four years in office, Orban's right-wing Fidesz party continues to ride a wave of support, winning general elections in April, European elections in May and local elections last weekend.The prime minister has made no qualms about his agenda and has cited ...

North Korea's Kim hosts banquet for Asiad gold medallists SEOUL: North Korean leader Kim Jong-Un hosted a banquet for athletes who won gold medals at the recent Asian Games in South Korea, state media said Sunday, marking his third public appearance in a week after an extended absence.Kim praised the medallists for proving "the validity and vitality of the party's plan for building a sports powerhouse", the official Korean Central News Agency reported.North Korea took 11 gold medals, 11 silver and 14 bronze in ...

Death toll in India from cyclone Hudhud climbs to 41 BHUBANESWAR: The death toll from a cyclone that hit India's east coast last week has risen to 41, as authorities struggle to restore power, transport and communication links and shelter 150,000 people forced to abandon their homes.Cyclone Hudhud slammed into the coast of Andhra Pradesh and Odisha states, tearing down tens of thousands of mud-and-thatch homes, and flattening rice, banana and sugarcane plantations."Electricity has been restored in about 60 percent of the affected area. In ...

Women, children killed in new attack in east DR Congo: official GOMA: Twenty-two people, most of them women and children, have been killed in a new attack in the troubled east of the Democratic Republic of Congo, just days after a similar massacre, a government official said on Saturday.The attack left 10 women, eight children and four men dead, a local government official told AFP. It occurred some 50 kilometres (30 miles) from the town of Beni in the North Kivu province, where rebels slaughtered 26 ...

UN Security Council urges world to step up help to Iraq UNITED NATIONS: The UN Security Council on Friday urged the world to step up support for the Iraqi government and its security forces in their intensifying battle against fighters. In a unanimous statement, the 15-member council condemned the "vicious string of suicide, vehicle-borne and other attacks" in Baghdad and surrounding provinces carried out by the Islamic State (IS) organization. The council "urged the international community, in accordance with international law, to further strengthen and expand ...


 



 
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Banking Review 2013


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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln