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Record 9,000 migrants enter Croatia Tuesday ZAGREB: Nearly 9,000 migrants entered Croatia on Tuesday, a day's record number since they started to arrive in EU member a week ago on their journey to western Europe, a ministry said on Wednesday.A total of 8,750 migrants entered Croatia on Tuesday, an interior ministry statement said. By 0700 GMT more than 44,000 refugees fleeing conflicts and poverty in their countries in Middle East and Africa entered the Balkan country from Serbia, it added.Copyright AFP (Agence France-Presse), 2015

Eurozone growth slows in September BRUSSELS: Growth in the eurozone economy slowed in September but despite the monthly dip, it still expanded at the fastest quarterly rate in four years, a key business survey showed Wednesday.Data company Markit said the flash reading of its eurozone Purchasing Managers Index fell to 53.9 points in September from 54.3 points in August. Despite the dip, the reading was still comfortably above the 50 points mark signifying expansion in the economy.The readings "pointed to ...

EU member state can suspend Facebook data sharing with US: court advisor LUXEMBOURG: A key advisor to the EU's top court said EU member states have the power to suspend data sharing with the United States, in view of major privacy violations revealed in the Edward Snowden spy scandal.The closely followed recommendation, from the advocate general of the EU Court of Justice, said that "where systemic deficiencies are found in the third country to which the personal data is transferred, the Member States must be able to ...

Nepal leader cancels US visit for talks on constitution KATHMANDU: Nepal's Prime Minister Sushil Koirala on Wednesday cancelled plans to visit the United States so he can hold talks on a new constitution that has triggered deadly protests in parts of the country.Koirala will meet regional parties opposed to the new charter adopted on Sunday, his foreign adviser told AFP.Plans to divide the country into seven provinces under a federal structure have infuriated some parties. They say the new internal borders will leave some ...

Muslim Americans welcome first NY Eid school holiday NEW YORK: New York marks a milestone in the fight for equality Thursday when 1.1 million children in America's largest school district will take the day off to mark Eid al-Adha.It is a small but hard-won victory at a time when American Muslims complain of growing Islamophobia and worsening anti-Muslim rhetoric following the 9/11 attacks in 2001.For the first time, more than 1,800 public schools in New York will close for the Muslim feast of ...

New Zealand,Sudan's Hujjaj take longest hours to reach Kingdom ISLAMABAD: New Zealand and Sudan's pilgrims had to take the longest air and ship journey to reach Kingdom of Saudi Arabia to perform Hajj.A total of 1,325,189 Hajis came by air, 36,094 by land and 12,923 by sea. New Zealand pilgrims had to spent 24 hours on plane due to lack of direct flight from the country to Saudi Arabia. New Zealand has sent 400 pilgrims for Hajj this year.Even after traveling on speedy ships, ...

China's Xi says will not devalue currency to boost exports SEATTLE: Chinese President Xi Jinping pledged Tuesday to not push the value of the yuan currency lower just to strengthen Chinese exports.Speaking to a large audience of US businessmen and state officials with strong interests in Chinese commerce, Xi said the government was sticking to its plan to let the yuan, or renminbi (RMB), eventually adjust by market forces. The modest August devaluation of the currency, which shook international markets, "achieved initial success in correcting ...


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Arrow S&P 1,951.36 1.43
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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln