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US, Jordan troops hold desert war games AQABA: US and Jordanian F-16 fighter jets hit dummy targets in the kingdom's southern desert on Wednesday, while Navy SEALs and other special forces rescued "hostages" and nabbed "terrorists" in mock exercises under major multinational manoeuvrers.Using live ammunition, six F-16s, two AV-8B Harrier jets, 28 tanks, 20 armoured personnel carriers, 800 US and Jordanian troops took part in a 45-minute drill in Quweira close to the Red Sea port of Aqaba as part of "Eager Lion 2013," which wraps up on Thursday.Fighters, attack helicopters and tanks attacked ground targets as Jordan's army chief, General Mashal Mohammad Zaben, and King Abdullah II's brother, Prince Faisal watched."The goal of the drill is to boost and enhance the capabilities and performance of the Jordanian Armed Forces, including ways to deal with situations in which refugees are involved," Colonel Mekhled Suheim, Eager Lion spokesman, told journalists watching the exercise.Jordan says it is home to ...

Uganda aims for commercial oil output by 2016 NAIROBI: Uganda is aiming for commercial output of oil by 2016 at the earliest, as the landlocked east African nation seeks cheaper energy and funds for infrastructure projects.Explorers struck oil in east Africa's third largest economy in 2006 and Uganda estimates its crude reserves at 3.5 billion barrels, but wrangling over taxes and the viability of a local refinery have stalled production.Uganda currently transports all of its fuel imported primarily through Kenya's Mombasa seaport in ...
Qadhafis move to Oman in breach of sanctions: UN UNITED NATIONS: A daughter and son of late Libyan dictator Moamer Qadhafi have moved from Algeria to Oman in breach of UN sanctions, a UN ambassador said Tuesday.The United Nations and international police organization Interpol may soon issue a global alert over members of the family and other associates who are on the run and face UN sanctions.Aisha and Mohammed face a travel ban and assets freeze imposed in the months before their father ...
15 dead in Baghdad suicide bomb: officials BAGHDAD: A suicide bomber blew himself up on Tuesday in north Baghdad, killing at least 15 people, security officials said, the latest in a surge in nationwide violence.The blast took place shortly after midday prayers in the Habib ibn al-Mudhaher Hussainiyah in the capital's Qahira neighbourhood, the interior ministry and police sources said. At least 30 people were wounded in the attack.Copyright AFP (Agence France-Presse), 2013 ...
More than 70 Syrian officers defect to Turkey: official ANKARA: More than 70 Syrian military officers, including six generals and 22 colonels, have deserted President Bashar al-Assad's army in the past 36 hours and have crossed the border into Turkey, the biggest such defection in months, an official told AFP on Saturday.The defections of the 71 army officers and two policemen came after Washington said it had proof that Syrian government forces had carried out deadly chemical weapons attacks against rebels and the United ...
In Lebanon, traumatised Syrians struggle to survive ARSAL: Sadness is written on the face of 45-year-old Jamila, living in the open-air municipal courtyard of Arsal in Lebanon and still traumatised by her escape from Syria's former rebel stronghold Qusayr.Along with her sick husband and three children, she fled the town in Syria's central province of Homs in the hours before it fell on June 5 to regime forces backed by Lebanon's Hezbollah.They had to watch fellow Syrians who died on the way ...
'Deadly' rocket attack on Iran exiles near Baghdad: UN BAGHDAD: A deadly attack struck a camp near Baghdad housing Iranian exiles on Saturday, the UN said, the second such assault on the group this year as its members await resettlement outside Iraq.It was not immediately clear who was behind the attack involving at least half a dozen mortar rounds, which came as Iran tallied ballot papers from Saturday's presidential election there."I can confirm that there was a deadly attack," Eliana Nabaa, spokeswoman for the ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln