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Rocket attack in Aden against hotel housing Yemen PM ADEN: A hotel in Yemen's second city of Aden where Prime Minister Khaled Bahah was staying with members of the government was on fire on Tuesday after being hit by three rockets, a security source and witnesses said.People had been left "dead and wounded" by the attack, a local official told AFP on condition of anonymity, without saying if that included any members of government.Bahah and his ministers have been installed in Aden -- declared Yemen's provisional capital after it was taken back from Shiite Huthi rebels in mid-July -- after spending six months in exile in Saudi Arabia.Columns of smoke were rising from the Al-Qasr hotel in the city's western suburbs on Tuesday morning, an AFP reporter on the scene saw.Ambulances and civil defence forces were on the scene, witnesses said, adding that the rockets had hit the entrance of the hotel.Copyright AFP (Agence France-Presse), 2015 ...

New Zealand,Sudan's Hujjaj take longest hours to reach Kingdom ISLAMABAD: New Zealand and Sudan's pilgrims had to take the longest air and ship journey to reach Kingdom of Saudi Arabia to perform Hajj.A total of 1,325,189 Hajis came by air, 36,094 by land and 12,923 by sea. New Zealand pilgrims had to spent 24 hours on plane due to lack of direct flight from the country to Saudi Arabia. New Zealand has sent 400 pilgrims for Hajj this year.Even after traveling on speedy ships, ...
Asia markets mostly rise, risk assets up before Fed decision HONG KONG: Asian traders remained broadly optimistic leading up to Thursday's crucial US interest rate decision, with most stock markets and higher risk assets extending recent gains as part of another global rally.The Federal Reserve's policy meeting has been the key focus for global investors for weeks as bank policymakers have to weigh a healthy US recovery with a slowdown in overseas economies as well as the recent turmoil unleashed by fears over China.However, China's ...
Saudi king seeks 'urgent' UN action on Al-Aqsa RIYADH: Saudi King Salman has appealed to UN chief Ban Ki-moon and members of the Security Council for "urgent measures" after clashes at Jerusalem's Al-Aqsa mosque compound, state media reported late Wednesday.Salman "expressed strong condemnation of the dangerous Israeli escalation" at the holy site where Palestinian protesters clashed with Israeli police for three straight days, the Saudi Press Agency reported."He called for serious and speedy international efforts and for the intervention of the Security Council ...
800,000 Hujjaj arrive to perform Hajj this year ISLAMABAD: Nearly 800,000 Hujjaj have arrived from abroad in Saudi Arabia to perform Hajj this year.According to statistics released by the Saudi Passport Department (SPA), 796,581 pilgrims have so far landed in Saudi Arabia for the annual pilgrimage that begins in another 10 days."Of them, 780,474 pilgrims arrived by air, 9,039 by land and 7,068 by sea," said a statement from the department.The government has taken extraordinary measures to ensure safety of the Hujjaj during ...
UN likely to back raising Palestinian flag UNITED NATIONS: The United Nations is expected on Thursday to allow the Palestinians to raise their flag at its headquarters in New York in a symbolic move highlighting Palestinian aspirations for statehood.The General Assembly will vote at 3:00 pm (1900 GMT) on a draft resolution that diplomats say is almost certain to garner a majority in the 193-nation forum."It is a symbolic thing, but another step to solidify the pillars of the state of Palestine ...
Dubai property developers upbeat despite falling prices DUBAI: Dubai property developers are still turning out some larger-than-life projects even though prices are heading south again after clawing back a good chunk of their losses in the 2008 crash.The Gulf emirate's annual Cityscape property fair opened Tuesday with developers foreseeing price declines of about 15 percent this year, yet confident there would be no return to the days when huge projects were abandoned half finished.Scale models of new skyscrapers, sprawling villa compounds and ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln