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Kiev law on self-rule for east Ukraine 'step in the right direction': Russia MOSCOW: Russia on Wednesday praised Kiev's law on self-rule for the war-torn eastern Ukraine as a "step in the right direction," and expressed the hope it would be thoroughly implemented."In Russia this document is considered as a step in the right direction which corresponds to the spirit of agreements cemented in the Geneva declaration between Russia, Ukraine, the United States and European Union from April 17 of this year, as well as the Berlin declaration from July 2 of this year," the foreign ministry said in a statement."We expect that all stipulations of the law will be implemented in a responsible manner."Copyright AFP (Agence France-Presse), 2014 ...

Saudia to carry 818,000 Haj pilgrims ISLAMABAD: Saudi Arabian Airlines (Saudia) will carry nearly 818,000 pilgrims coming for Hajj this year from different parts of the world, said Saleh bin Nasser Al-Jasser, director general of the Kingdom's flag carrier.Saudia will carry 785,984 pilgrims from 72 international airports including 470,770 from Asia, 118,951 from the Middle East and Gulf, 105,462 from Europe and America, 90,801 from Africa in addition to 32,000 from Saudi cities, Arab News Reported."We have opened four new markets ...
German chancellor wins South Korea peace prize SEOUL: Angela Merkel was awarded the 2014 Seoul Peace Prize Wednesday for acknowledging Germany's wartime crimes and voicing the sort of contrition South Korea has repeatedly accused Japanese leaders of avoiding.The German chancellor was cited by the prize foundation for awakening "global awareness of human dignity by apologising and taking responsibility for past wartime crimes".The biennial award was established in 1990 to commemorate the success of the 1988 Seoul summer Olympics. The winner receives a ...
French parliament approves militant travel ban PARIS: France's parliament on Tuesday approved a new anti-terror bill aimed at preventing potential militants from travelling to Iraq, Syria or elsewhere by confiscating their passports.The travel ban on French nationals could be imposed "where there are serious reasons to believe that someone is planning to travel abroad to take part in terrorist activities, war crimes or crimes against humanity or in a theatre of operations of terrorist groups and in conditions likely to jeopardise ...
Argentina summons US diplomat over 'default' comment BUENOS AIRES: Argentina summoned the acting American ambassador Tuesday over his comments on its failure to repay debt tied up in a US legal battle, protesting his use of the word "default" and accusing him of trampling on the country's sovereignty.Kevin Sullivan, the charge d'affaires and top-ranking diplomat at the US embassy in Buenos Aires, told Argentine newspaper Clarin that it was "important for Argentina to exit default as soon as possible to return to ...
Scandal-hit Sarkozy poised to announce comeback PARIS: It's one of the worst kept secrets in French politics: Nicolas Sarkozy, who leapt to power in 2007 before suffering a humbling defeat five years later, is poised to make his comeback this week.After several years of 'will he-won't he', France's former "bling-bling" leader is expected to announce his return to the cut-throat political front-line despite being directly or indirectly involved in at least seven graft investigations.The energetic 59-year-old -- who inspires hate and ...
Exiled Muslim Brotherhood leaders would be welcome in Turkey: Erdogan ISTANBUL: Turkey would welcome exiled leaders of Egypt's outlawed Muslim Brotherhood who have come under pressure to leave Qatar, President Recep Tayyip Erdogan has said. A Brotherhood official said on Saturday that several members of the group were relocating after Qatar came under enormous pressure from other Gulf Arab states to cut support for the Islamist group. "If they make any request to come to Turkey, we will review their request," Erdogan was quoted as ...


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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