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Israeli air raid on Gaza, no casualties reported  JERUSALEM: Israel carried out an air raid on the Gaza Strip early Monday targeting "a group of terrorists preparing to fire rockets against south Israel", the army said in a statement. The army said the target was hit, but Palestinian witnesses said the strike on the Deir al-Balah region in the central Gaza Strip caused no casualties or damage. Violence broke out at the end of June with Palestinians firing rockets at Israel and Israelis replying with air raids on the territory ruled by the Islamist Hamas movement. The hostilities interrupted a fragile truce observed for more than a year by Hamas. Copyright AFP (Agence France-Presse), 2012 ...

Israel May jobless rate 7.1pc vs 6.8pc in April  JERUSALEM: Israel's unemployment rate rose to 7.1 percent in May from 6.8 percent in April as the labour force grew, the Central Bureau of Statistics said. The number of employed rose to 3.352 million in May from 3.34 million April, with 59.2 percent of those above the age of 15 having jobs, up from 59.1 percent in April, the bureau said. The participation in the labour force of those above 15 years old increased to 63.7 percent ...
9 killed in clashes across Syria: NGO  BEIRUT: At least nine people were killed in fighting across Syria on Sunday, a watchdog said, as rebels and regime troops clashed in several provinces as they battled for control of restive areas. Regime forces shelled several areas of Damascus province, a day after mortar fire killed at least 30 civilians attending a funeral in the town of Zamalka, 10 kilometres (six miles) east of the capital, according to the Syrian Observatory for Human Rights. The Britain-based ...
Shamir to lie in state before burial JERUSALEM: The body of Israel's former prime minister Yitzhak Shamir, who died on Saturday aged 96, will lie in state at the country's parliament before his burial on Monday, a Knesset spokesman said on Sunday. "The coffin will be put in the Knesset where the public can come to pay final tribute before his burial," parliamentary spokesman Yotam Yakir told AFP. Shamir is expected to be buried on Monday at the Mount Herzl cemetery, where Israel's leading ...
At least 16 killed in Syria shelling  BEIRUT: Syria's army fired mortar bombs at major cities on Saturday killing 16 people, activists said, as world powers gathered in Geneva to try to resolve the conflict. Live stream video footage posted by opposition activists in the eastern desert city of Deir al-Zor showed smoke rising from apartment blocks as continuous explosions rang out. Activists also reported shelling in Homs, Idlib and the outskirts of Damascus. The Syrian Observatory for Human Rights said that government shelling and ...
Palestinian leader Abbas postpones Israel meeting  RAMALLAH: Palestinian President Mahmoud Abbas has postponed a meeting with Israeli Vice Premier Shaul Mofaz that was due to take place on Sunday, Palestinian officials said on Saturday. The officials did not say when a new date might be set for what would be the highest-level meeting between the sides since peace talks broke down in 2010. "We know that Mofaz will bring nothing new," said Wasl Abu Yosef, a member of Abbas' Palestine Liberation Organization, who ...
World powers begin Syria crisis meeting in Geneva GENEVA: World powers began Saturday a crisis meeting on Syria aimed at salvaging international envoy Kofi Annan's peace plan to end 16 months of bloodshed and chart a transition plan for the strife-torn country. Foreign ministers of the five permanent Security Council states -- the United States, Russia, Britain, China and France -- as well as regional powers Qatar, Turkey, Kuwait and Iraq, sat down for the meeting in Geneva, an AFP photographer witnessed. Copyright Associated Press, ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln