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Mexico FM heads to Egypt after tourists killed by mistake CAIRO: Mexico's foreign minister was to fly to Egypt on Tuesday with relatives of the tourists mistakenly killed by Egyptian security forces as her government called for an urgent investigation of the "deplorable event".At least two Mexicans were killed and six missing after their convoy came under attack during an operation Sunday against militants in Egypt's vast Western Desert.Egypt's interior ministry said forces "chasing terrorist elements" had "mistakenly" targeted four pick-up trucks carrying the tourists.It did not give a breakdown of the casualties but said "the incident led to the death of 12 Mexicans and Egyptians and the wounding of 10 others".Mexican Foreign Minister Claudia Ruiz Massieu said late Monday she was heading to Cairo to seek answers from Egyptian authorities, accompanied by relatives of some of the victims and doctors to care for the wounded."We face a terrible loss of human lives and an unjustified attack that obligates us ...

Ivory Coast president urges reconciliation ahead of key vote ABIDJAN: Ivory Coast President Alassane Ouattara called on his supporters to "forgive" their political opponents on Sunday, while also urging them to mobilise for upcoming presidential elections in which he is seeking a second term.The ballot is viewed as crucial to return the country to stability. The last presidential vote, in 2010, triggered deadly violence following a 10-year political and military crisis.Last week clashes erupted at anti-Ouattara protests by opposition groups and one person was ...
Egypt's PM, government resigns: presidency CAIRO: Egypt's Prime Minister Ibrahim Mahlab and his cabinet resigned on Saturday, the presidency said, days after the agriculture minister was arrested over corruption."The prime minister handed the government's resignation to the president who accepted it," a statement said without giving a reason for the resignation.President Abdel Fattah al-Sisi asked Mahlab to stay on as caretaker prime minister until a new government is formed, the statement added.The announcement comes as Egypt is set to hold ...
Ugandan rebels kill seven in east of DR Congo: official GOMA: Seven civilians were killed in a new attack by Ugandan rebels in the restive east of the Democratic Republic of Congo, a local official told AFP Sunday.Amisi Kalonda, a top official in the regional hub of Beni, blamed the killings, which took place near Mbau in the north of troubled North Kivu province, on the Allied Democratic Forces (ADF), who are accused of killing more than 400 people over the last 10 months.Copyright AFP ...
Nigeria's President Buhari and Vice-President Osinbajo declare assets ABUJA,: Nigerian President Muhammadu Buhari owns five homes, two mud huts and has $150,000 in his bank account, the presidency said late on Thursday, as the head of state and his deputy honoured a promise to declare their assets to demonstrate transparency. Buhari, a 72-year-old former military ruler, owed his March election victory in large part to his campaign promise to fight corruption which he estimates has seen $150 billion being stolen from state coffers ...
Car bomb wounds six Egyptian policemen in Cairo CAIRO: A car bomb wounded six Egyptian policemen Thursday as it exploded in front of a police building in Cairo, the interior ministry said, the latest in a wave of militant attacks that has rocked Egypt.The powerful blast in northern Cairo's district of Shubra came in the middle of the night, an AFP journalist said, as Egyptian security forces are being targeted by Islamic State militants waging an insurgency."A man suddenly stopped his car in ...
South Sudan govt refuses to sign peace as sanction deadline ends ADDIS ABABA: South Sudan's government refused to sign a peace deal with rebels Monday despite the threat of international sanctions, but will return to finalise an agreement within 15 days, mediators said.Rebel chief Riek Machar however said he had signed a deal, and called on President Salva Kiir to join."It was an opportunity for us to end the war," Machar said."We call on President Kiir to reconsider his position so that they can sign and ...


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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