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Egypt to begin Mubarak, sons retrial in graft case April 4 CAIRO: The retrial of ousted Egyptian president Hosni Mubarak and his two sons on charges of corruption will open on April 4, a judicial official said on Monday.In January, the Court of Cassation overturned Mubarak's conviction on corruption charges and ordered that he and his sons Alaa and Gamal be tried again.A lower court had sentenced Mubarak to three years and his sons to four years for allegedly embezzling 16 million dollars (14 million euros) earmarked for the maintenance of presidential palaces.Alaa and Gamal -- symbols of corruption during their father's three-decade rule -- were released in January after they served the maximum pretrial detention period pending their retrial.But Mubarak, whose lawyer said he too has served his maximum pretrial detention, is still held in a military hospital.In November, a criminal court dropped murder charges against Mubarak, 86, and also acquitted seven of his top security chiefs, including feared former ...

French, Belgian and three others dead in Mali shooting: police BAMAKO: Five people, including French and Belgian nationals, were shot dead overnight in an attack on a restaurant in the Malian capital Bamako, police and an AFP reporter on the scene said on Saturday."This is a terrorist attack, although we're waiting for clarification. Provisionally, there are four dead -- one French national, a Belgian and two Malians," a policeman told AFP, adding that the dead included a police officer passing at the time of the ...
Steyn praises firefighters for saving Cape Town home AUCKLAND: South African spearhead Dale Steyn praised firefighters who saved his Cape Town mountain home from the devastating flames which have engulfed one of the country's most popular tourist destinations.Emergency rescue workers said several homes were destroyed in the wildfires while one firefighter was injured as the inferno raged through South Africa's spectacular Table Mountain.An estimated 3,000 hectares of land have been destroyed, according to local media, with helicopters dropping water bombs on to the ...
Libya asks UN to approve arms contracts UNITED NATIONS: Libya urged the UN Security Council on Wednesday to approve a request for military purchases as it struggles to combat Islamic State extremists and protect its oil fields.The internationally-recognized government, one of two bodies that claims to rule troubled Libya, has asked the council's sanctions committee to grant an exemption to an arms embargo and allow it to beef up its air force."The leadership of the Libyan army has submitted specific requests for ...
Global Ebola conference seeks end to W.Africa outbreak BRUSSELS: Leaders of Ebola-hit countries in west Africa will attend an international conference in Brussels Tuesday to mobilise a final push to end the outbreak and ensure the delivery of nearly $5 billion in aid pledges.Liberian President Ellen Johnson Sirleaf, Sierra Leone President Ernest Bai Koroma and Alpha Conde of Guinea, the three countries hardest hit by the epidemic, will be joined by top officials from around the world for the EU-backed meeting.The conference comes ...
Raging wildfires destroy homes in Cape Town, dozens evacuated CAPE TOWN: Four houses were destroyed and dozens of people evacuated from their homes on Cape Town's southern peninsula as wildfires whipped up by strong winds raged over nearby mountains on Monday, firefighters said.A massive firefighting operation has been launched, with helicopters water-bombing blazes threatening seaside villages from Muizenberg to Noordhoek, Cape Town Disaster Risk Management said on Monday."Unfortunately, four homes have been destroyed, but we have 28 fire-fighting vehicles and 16 supporting vehicles on ...
Zimbabwe's Mugabe says wife not running the show HARARE: Zimbabwe's 91-year-old President Robert Mugabe has declared he is still in charge, dismissing speculation that his increasingly powerful wife Grace is now running the show.In an interview with the state broadcaster Zimbabwe Broadcasting Corporation (ZBC) late Thursday, Mugabe said his wife's surprise rise to power in the ruling party did not mean she was now in charge of the party or state affairs.Grace Mugabe last year became the leader of the influential women's wing ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln