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Egypt's Sisi pledges elections in 2015 MADRID: Egyptian President Abdel Fattah al-Sisi vowed that parliamentary polls, originally set for last month, will be held before the end of the year, in an interview published Wednesday."I give my word: they will be held before the end of the year," he told El Mundo newspaper in an interview published on the eve of his official visit to Spain.Egypt's parliamentary polls were set to start on March 21 and run until May 7 but were postponed after the constitutional court ruled that parts of the electoral law unconstitutional.The election would be the first for a new parliament since former army chief Sisi overthrew president Mohamed Morsi in 2013.Critics accuse Sisi, who was elected president in May 2014, of establishing an authoritarian regime by eliminated all opposition, but he told El Mundo he has prevented Egypt from descending into civil war."I faced a difficult equation: my role is to guarantee ...

Burundi constitutional court to examine president's third term bid BUJUMBURA: Burundi's constitutional court will examine the legality of President Pierre Nkurunziza's bid for a third term, the Senate said Wednesday, after days of violent protests over his plans to contest June elections. Venant Barubike, private secretary to the Senate president, told AFP that a motion had been submitted to the court seeking interpretation of key articles related to a possible presidential third term.At least five people have died in protests that erupted at the ...
Togo president extends lead in vote: partial results LOME: Togo's incumbent President Faure Gnassingbe has extended a strong lead over his main rival in a weekend poll, according to the latest partial results issued Tuesday.Gnassingbe looked poised to win a third term, with 69 percent of the vote against almost 18 percent for challenger Jean-Pierre Fabre, according to figures from the Independent National Electoral Commission (CENI).Gnassingbe's family has ruled the small west African country for almost half a century.The president, who first came ...
Burundi president sticks to third term bid despite protests BUJUMBURA: Burundi's President Pierre Nkurunziza will continue his bid for a third term in power, a spokesman said Tuesday dismissing calls by protestors who have clashed with police for three days.At least five people have died since clashes broke out Sunday after the ruling CNDD-FDD party, which has been accused of intimidating opponents, designated Nkurunziza its candidate in for presidential elections due to be held in the central African nation on June 26."We won't back ...
One dead, 90 injured in South Africa train crash: officials JOHANNESBURG: A train driver was killed and at least 90 other people injured on Tuesday when two crowded commuter trains collided in Johannesburg, South African officials said, adding that emergency teams had cut one woman free from the wreckage."Paramedics, along with various services, arrived on the scene and found the wrecked trains blocking the tracks completely," Russel Meiring, spokesman for the ER24 paramedic group, said."Bent metal and parts of the train had been spread across ...
I.Coast's Ouattara nominated to seek re-election as president ABIDJAN: The ruling coalition in Ivory Coast on Saturday nominated incumbent President Alassane Ouattara for re-election in October's presidential poll as the country seeks to move on from years of political turmoil.Ouattara's official nomination was announced by former Ivorian head of state Henri Konan Bedie, with Gabon's President Ali Bongo Ondimba also attending a grand ceremony held in the country's biggest stadium in Abidjan.The 73-year-old Ouattara, decked out in a white hat and shirt, made ...
Togo votes for a new president LOME: Togo votes for a new president on Saturday, with the incumbent Faure Gnassingbe seeking a third term in office to extend his family's grip on power into a second half-century.Polling stations in the tiny West African nation open at 0700 GMT, with some 9,000 police and soldiers on patrol, and with borders shut until Sunday morning for security reasons.Gnassingbe, 48, has been in power since the death of his father, Gnassingbe Eyadema, in 2005, ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln