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Kerry to hold Arab anti-IS talks Wednesday: Egypt official CAIRO: US Secretary of State John Kerry will meet Arab foreign ministers in Saudi Arabia Wednesday as he bids for a broad coalition against the Islamic State, a senior Egyptian foreign ministry official said.The talks in the Saudi port city of Jeddah, which will continue into Thursday, will be attended by ministers from Egypt, Jordan and the six Gulf Arab states as well as Iraq, the official told AFP.The ministers "are going to meet Kerry on Wednesday and Thursday in Jeddah as part of efforts to tackle terrorism," the official said, speaking on condition of anonymity.Lebanese Foreign Minister Gebran Bassil will also take part in the talks, a government official in Beirut told AFP.Kerry was headed to the region on Tuesday in a bid to build an enduring coalition against the militants, who have seized swathes of Iraq and neighbouring Syria.The US top diplomat pledged to build "the broadest possible ...

Hard times for 'red gold' divers in Morocco's El Dorado EL JADIDA: Harvesting mineral-rich seaweed on Morocco's Atlantic coast, Attibari Lemkhanter worries that the plant known locally as "red gold" is becoming increasingly scarce. "There are more and more divers and less and less red seaweed," Lemkhanter sighed as he worked on a beach in El Jadida, about 100 kilometres (60 miles) southwest of Casablanca.Collected during three months of summer on a narrow stretch of coastline, the red seaweed is used to produce "agar-agar" -- ...
Second WHO doctor contracts Ebola in Sierra Leone FREETOWN: The World Health Organization said on Monday that one of its doctors in Sierra Leone has been diagnosed with the Ebola virus and will be evacuated. "A WHO doctor working in an Ebola treatment centre in Sierra Leone has tested positive for the disease," it said in a statement. "The doctor is currently in stable condition in Freetown, and will be evacuated shortly."It is the second WHO employee to contract the virus in Sierra ...
Ebola-hit Liberia ends lockdown on quarantined town MONROVIA: The Liberian government said on Monday it was lifting a quarantine on an Ebola hotspot near the country's international airport and announced a relaxation of its night-time curfew.The 17,000 residents of Dolo Town, 75 kilometres (47 miles) east of Monrovia, have been trapped since officials blockaded them in more than two weeks ago, amid an alarming spike in Ebola cases."The government of Liberia has lifted the quarantine on Dolo Town with immediate effect," state-run ...
Foreign investors urged to join Tunisia democratic 'startup' TUNIS: Tunisia on Monday urged foreign investment in its democratic "startup", three years after the country set the ball rolling on the Arab Spring uprisings that swept away longtime dictators."To invest in Tunisia, in this startup, is to invest in democracy," Prime Minister Mehdi Jomaa told an international investment conference in Tunis.His visiting French counterpart, Manuel Valls, backed the appeal. "At a time when chaos threatens Libya, when barbarity is rampant in Iraq and Syria, ...
Ebola spread is exponential in Liberia, thousands of cases expected soon: WHO GENEVA: The Ebola virus is spreading fast in Liberia, where many thousands of new cases are expected over the coming three weeks, the World Health Organisation said on Monday."Transmission of the Ebola virus in Liberia is already intense and the number of new cases is increasing exponentially," WHO said in a statement. The organisation noted that motorbike-taxis and regular taxis are "a hot source of potential virus transmission" because they are not disinfected in Liberia, ...
Liberia's Ebola disposal teams preserve life after death MONROVIA: Heavily pregnant when she died, Fatimah Jakemah is lifted unceremoniously by experts in biohazard suits and zipped into a body bag, another practically anonymous victim of the world's worst ever Ebola outbreak.There isn't time to ask about her life story or reflect on the family she may have left behind as the Red Cross team disinfects everything she might have touched and moves onto the next house."She was 20 years old and this was ...


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Banking Review 2013

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln