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Car bombs kill 11 in Baghdad at end of Ramadan fast BAGHDAD: Two car bombs killed 11 people in the Iraqi capital Baghdad on Saturday, police and medical sources said, striking as many people were ending their daily Ramadan fast.One bomb hit the mainly Shia Amil district in the southwest of the city around dusk, killing eight people and wounding 27. The other hit a bus garage in Doura in the south of the capital, killing three people.Northeast of Baghdad, in the town of Balad Roz, a third car bomb killed two people, local police said.There was no immediate claim of responsibility but Islamic State fighters who control large parts of western and northern Iraq frequently set off bombs in the capital.Iraqi security forces and mainly Shia militias are struggling to contain the hardline Sunni Islamist militants in Anbar province west of Baghdad. To the north, they are battling for full control of the town of Baiji and its nearby refinery.Copyright ...

Israel must tackle 'stubbornly high' budget deficit: IMF JERUSALEM: Israel's government needs to immediately address lowering the budget deficit or face a growing debt burden, the International Monetary Fund said on Wednesday. It expects a deficit of 2.75 percent of gross domestic product in 2015 and urged the government bring it down to 2.25 percent next year. "The fiscal deficit remains stubbornly high," the IMF said at the end of its week-long visit to Israel. "Current levels leave few buffers to deal with ...
Palestinians to submit first file to ICC next week JERUSALEM: The Palestinians will next week submit their first file to the International Criminal Court in their bid to open criminal proceedings against Israel, an official said on Thursday.The move is part of an increased focus on diplomatic manoeuvring and appeals to international bodies by the Palestinians, who have been frustrated by a lack of progress in ending the Israeli occupation and creating their own independent state. The file is to be handed to ICC ...
1,600 buses to transport 25mn worshipers in Makkah ISLAMABAD: Emir of Makkah Prince Khaled Al-Faisal has assigned five transport companies to temporally provide public transport services to about 25 million pilgrims and visitors to the Grand Mosque during the Holy month of Ramadan, which officially starts today (Thursday).The public transport vehicles are expected to make about 5 million trips during the fasting month.Prince Khaled asked the transport companies to facilitate the transportation of pilgrims so that they are able to perform their rituals ...
Al Qaeda in Yemen confirms leader killed in drone strike DUBAI: Al Qaeda in Yemen has confirmed the death of its leader Nasir al-Wuhayshi, number two in the global militants organisation, in a US drone strike, in a video statement posted online.Al Qaeda in the Arabian Peninsula said Wuhayshi "was killed in a US drone attack that targeted him along with two other militants," said the statement posted online by al Qaeda's al Malahem media arm and dated June 15. Copyright AFP (Agence France-Presse), 2015 ...
Obama poised to send more troops to train Iraqis WASHINGTON: President Barack Obama appears poised to approve the deployment of hundreds more US training personnel to Iraq, in a bid to reverse gains by the Islamic State group.Officials said Obama is considering authorizing an increase of under 500 troops to boost the capacity of the Iraqi army and tribal fighters."We are considering a range of options to accelerate the training and equipping of Iraqi security forces," National Security Council spokesman Alistair Baskey told AFP."Those ...
Israeli group tenders for 115,000 tonnes corn, 65,000 tonnes feed wheat HAMBURG: A group of Israeli private buyers has issued international tenders to purchase up to 115,000 tonnes of corn and 65,000 tonnes of feed wheat all of optional origins, European traders said on Monday.The tenders close on June 9, traders said. If based on European Union or Black Sea region supplies, some 15,000 tonnes of corn was sought for shipment between June 25 and July 15, 50,000 tonnes between July 20 and Aug.10 and a ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln