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Saudi arrests 10 Iran spy suspects: ministry RIYADH: Saudi authorities have arrested 10 more suspects in an alleged Iranian spy ring unveiled two months ago, an interior ministry spokesman said on Tuesday.The eight Saudis, a Lebanese and a Turk bring the number of people arrested to 28, the official SPA news agency quoted the spokesman as saying.However, a Lebanese arrested in March has since been released."The results of investigations by security services have led to the arrest of the other 10 involved in spying for this cell," the spokesman said.On March 19, the interior ministry said authorities had arrested 16 Saudis, an Iranian and a Lebanese in four regions, including the oil-rich Eastern Province, where Saudi Arabia's Shiite Muslim minority is concentrated.A week later, the kingdom said the alleged spy cell had "direct links" to Iran's intelligence services."Preliminary investigations and physical evidence that has been collected as well as the defendants' statements on this case have all ...

Kerry to help ink $2.1bn defence deal in Oman SHANNON: US Secretary of State John Kerry will help ink a major estimated $2.1 billion proposed deal with Oman to supply a US-made air-defense system to the Gulf nation, officials said Tuesday.One of the main focuses of Kerry's trip to Muscat was to applaud the signing of a letter of intent between Oman and US manufacturer Raytheon ahead of talks on the final contract, they told reporters traveling with him to Oman."In January the Omanis ...
Car bombs kill 12 in Iraq capital and south: officials BAGHDAD: A series of car bombs in Baghdad and the southern Iraqi port city of Basra killed at least 12 people on Monday, security and medical officials said.Five car bombs exploded in the Iraqi capital, while two detonated in Basra, officials said.Copyright AFP (Agence France-Presse), 2013 ...
Yemen general denounces 'sabotage' of air force SANAA: Yemen's air force has been the target of "sabotage", the country's military aviation chief said in a televised interview, days after a fighter jet crashed in the capital Sanaa. "The air force is the target of systematic sabotage," General Rashed al-Janad told the private channel Al-Saida in the interview broadcast late on Friday. He said the Sukhoi SU-22 that crashed in Sanaa last Monday, killing the pilot, was caused by "shots hitting the aircraft" ...
Israel justice minister slams Russia arms to Syria JERUSALEM: Israeli Justice Minister Tzipi Livni on Friday slammed Russian arms deals with Syria, after US media reported further weapons shipments to the Damascus regime.Livni's comments also come in the wake of a surprise visit by CIA chief John Brennan to Israel to discuss the situation in Israel's war-torn neighbour."The transfer of arms to Syria is clearly not positive and does not contribute to the stability of the region," Livni said after meeting German Foreign ...
Financial Times 'hacked by Syrians' LONDON: The website of Britain's Financial Times appeared to have been hacked on Friday by the Syrian Electronic Army, a mysterious group seemingly aligned with the regime of President Bashar al-Assad.The hackers posted messages on the prestigious newspaper's technology blog reading "Hacked by the Syrian Electronic Army", while several Twitter feeds run by the Financial Times were also plastered with posts saying: "Syrian Electronic Army Was Here".A spokeswoman for the FT said: "Various FT blogs ...
Senior US general visits Iraq for security talks BAGHDAD: General Lloyd Austin, the officer who oversaw the US military withdrawal from Iraq, visited Baghdad for talks on defence cooperation and security issues including Syria, the US embassy said on Thursday.Austin, who now heads the US Central Command, "visited Baghdad May 14 to 16, 2013 to discuss US-Iraq defence cooperation and regional security issues, including the situation in Syria," the embassy said in a statement.Forces loyal to President Bashar al-Assad are battling rebels in ...

 



 
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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%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln