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Tourist arrivals in Jeddah increase by 70pc ISLAMABAD: The influx of tourists to Jeddah, Saudi Arabia has increased by 70 percent with the festivals and activities, drawing huge crowds to the historical city.Hotels and furnished apartments have also recorded an increase of 75 percent as tourists take advantage of online bookings to rent accommodations in advance.Tourist spending has also risen by 50 percent with restaurants and fast food capturing the most sales and high quality restaurants registering a 45 percent increase, Arab news reported.Hamad Al-Bishri, member of the tourist committee in the Jeddah Chamber of Commerce and Industry said: "The ongoing events and attractions in Jeddah have registered a 70 percent increase in the number of tourists."He said travel agencies should increase their offers to meet the demand by tourists, noting that the volume of tourist spending during holidays increases by 50 percent.Jeddah is the most preferred tourist destination due to its fine weather, said Mishal Al-Nafe', ...

1.61mn follow Saudi King Salman on Twitter ISLAMABAD: Custodian of the Two Holy Mosques in Saudi Arabia, King Salman has become a widely followed world leader on Twitter, while his popularity is progressively growing on other social media networks.The new king has overtaken many leaders on the popular microblogging site, and he is currently being followed on all social sites by Saudi citizens, scholars and world leaders."Following the death of King Abdullah, the newly crowned King Salman gained thousands of Twitter followers," ...
US closes embassy in Yemen to public until further notice SANAA: The United States said on Monday that it has closed its embassy in Yemen to the public until further notice due to security concerns."Due to the recent resignation of the Yemeni president, prime minister, and cabinet, and the ongoing security concerns, the US embassy in Sanaa is unable to provide routine consular services and will have very limited ability to assist with emergency cases involving US citizens," the embassy said on its website."The US ...
Seven killed in heavy rocket attack on Damascus: monitor BEIRUT: Islamist fighters struck the Syrian capital with at least 38 rockets on Sunday, killing seven people, a monitoring group said, in one of heaviest attacks on Damascus in over a year.State media confirmed the attack and said at least four people were killed. It said the army was retaliating.The Saudi-backed Islam Army, based in the eastern Ghouta region near Damascus, had warned earlier that it would hit back against an air strike last week ...
Kurdish forces fire into Islamic State-controlled Mosul ARBIL: Kurdish forces have fired rockets into Mosul for the first time since Islamic State militants overran the northern Iraqi city last summer, Kurdish military sources said on Saturday.A Kurdish officer said 20 Grad missiles had been launched into Mosul on Friday after receiving information that Islamic State militants were gathering to meet near the city's Zuhour neighborhood."We hit their positions," said Captain Shivan Ahmed, who belongs to the unit that fired the rockets from ...
Saudi king Abdullah's death a 'real loss for peace': Peres DAVOS: Israel's former president Shimon Peres Friday said the death of King Abdullah was "a real loss for the peace of the Middle East"."He was an experienced leader and a wise king. He had the courage ... to stand up and introduce a peace programme for the Middle East," said Peres, referring to the 2002 Arab Peace Initiative."I'm not sure that we could have accepted all the items in the peace process but the spirit, ...
Jordanian king quits Davos forum after Saudi monarch's death DAVOS: King Abdullah II of Jordan and other Middle Eastern dignitaries left the Davos World Economic Forum on Friday, flying home early on news of the death of the Saudi King Abdullah, event organisers told AFP.The Jordanian king was set to address the world's financial and political elite in a speech at 1315 GMT, but the address was cancelled, WEF planners said.Saudi Arabia's Prince Turki Al Faisal Al Saud, the half-brother to King Abdullah, also ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln