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Assad cannot be part of Syria's new government: Kerry ROME: US Secretary of State John Kerry insisted on Thursday that Syrian President Bashar al-Assad cannot be part of a transitional government in Syria.Speaking before talks with Jordanian Foreign Minister Nasser Judeh, Kerry said all sides were working to "effect a transition government by mutual consent of both sides, which clearly means that in our judgement President Assad will not be a component of that transitional government."Copyright AFP (Agence France-Presse), 2013 ...

Saudi Arabia has 13 cases of SARS-like coronavirus: WHO DUBAI: Saudi Arabia has 13 cases of a new strain of coronavirus that has emerged from the Gulf, has killed seven people in the kingdom and spread as far as Britain and France, the World Health Organization (WHO) said on Wednesday.Saudi Arabia has reported 23 confirmed cases in total, Qatar two, Jordan two, Britain two and the United Arab Emirates one, the WHO said. Although there is no evidence of sustained human-to-human spread, there are ...
Iraq, Kurd oil talks break ice, long-term fix unlikely BAGHDAD: A lasting solution to Iraq's dispute with its Kurdish north is unlikely even if recent talks between the two sides lead to a resumption of oil exports from the autonomous region.Kurdish crude used to be shipped to world markets through a Baghdad-controlled pipeline, but exports via that channel dried up last December due to a row over payment for oil companies operating in the northern enclave.The spat intensified in March when the Iraqi parliament ...
Iraq to lose 25-30pc of wheat harvest due to floods BAGHDAD: Iraq will lose between 25-30 percent of its wheat harvest this year due to recent floods caused by heavy rains in south of the country, Iraq's Trade Minister said on Tuesday, estimating the loss at more than $200 million.Iraq produces only a portion of its actual need of wheat. Iraq is one of the world's largest importers of wheat, much of which goes to supply a national food ration programme.Copyright Reuters, 2013 ...
Syrian rebels used sarin gas: UN human rights investigator GENEVA: Syrian rebels have made use of the deadly nerve agent sarin in their war-torn country's conflict, UN human rights investigator Carla del Ponte has said."According to the testimonies we have gathered, the rebels have used chemical weapons, making use of sarin gas," del Ponte, a former war crimes prosecutor, said in an interview with Swiss radio late on Sunday.Copyright AFP (Agence France-Presse), 2013 ...
Dubai aims to treble tourism income by 2020 DUBAI: Dubai aims to treble its annual income from tourism to 300 billion dirhams ($82 billion) by 2020, which would involve doubling the number of its hotel rooms, a senior official said.Tourism is crucial to Dubai's economy, which had a gross domestic product of around $90 billion last year; it supports the emirate's large retail industry as well as its hospitality sector.Occupancy at Dubai's 599 hotels, which have 80,500 rooms combined, was 78 percent in ...
Syria rebels training for long, drawn-out conflict LATAKIA PROVINCE: Crouching, belly-crawling into sniper nests in their rugged mountain redoubt, Syrian rebels have started training for a prolonged guerrilla war against stubbornly resilient regime forces.With Western reluctance to intervene militarily in Syria's civil war, the rebel Free Syrian Army (FSA) hopes to topple President Bashar al-Assad by creating a skilled fighting force from mostly civilian recruits, some as young as 16.The FSA granted AFP access to one of its training camps, where a ...

 



 
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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