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Saudi says it intercepted Scud missile fired from Yemen RIYADH: Saudi Arabia said it intercepted a Scud missile fired on its territory by rebel forces in neighbouring Yemen early Saturday as momentum gathers for peace talks in Switzerland next weekend."The Royal Saudi Air Defence Forces intercepted it with a Patriot missile," said a statement from the Saudi-led coalition which has been waging an air war against the rebels since March 26.Coalition aircraft destroyed the launcher used in the 2:45 am (2345 GMT Friday) attack on the southwestern city of Khamis Mushait, said the statement carried by the official Saudi Press Agency.The missile was fired from south of the Huthi rebel bastion of Saada in Yemen's northern mountains, it added.A pro-Huthi military spokesman told Yemen's rebel-controlled Saba news agency that the target was the Prince Khaled air base in Khamis Mushait.There has been cross-border artillery and rocket fire into Saudi Arabia but virtually no missile attacks since the air war ...

Yemen rebels say to attend Geneva peace talks DUBAI: Yemen's Huthi rebels agreed on Friday to attend UN-brokered peace talks in Switzerland, as the war-torn country's exiled government confirmed it too would attend."We accepted the invitation of the United Nations to go to the negotiating table in Geneva without preconditions," said Daifallah al-Shami, a politburo member of the rebels' political wing.Copyright AFP (Agence France-Presse), 2015 ...
Car bomb kills 12 rebels in south Yemen ADEN: A bomb-laden vehicle parked near an arms depot exploded killing 12 Iran-backed rebels and wounding eight others in southern Yemen's Abyan province on Saturday, a local official told AFP.The official said the attack in the coastal city of Shoqra was carried out by local anti-rebel fighters, who are backed by a Saudi-led coalition pounding Shia Huthi militia and their allies since March 26.Anti-rebel forces are made up of pro-government fighters, Sunni tribes and southern ...
Suicide bomber, two people killed outside a Mosque in Saudi ABU DHABI: Two people were killed on Friday when a sucide bomber tried to enter a mosque in eastern Saudi Arabia, witnesses said, the second attack of its kind in a week.A witness identified only as Ahmed said he was with his family near the al-Anoud Mosque when "a quick explosion" happened. He did not know the cause of the blast.He said acquaintances at the mosque told him a man was killed along with a ...
Syria's Assad pays tribute to soldiers despite setbacks DAMASCUS: Syria's President Bashar al-Assad has paid tribute to his army and a group of soldiers who escaped an almost month-long rebel siege, in comments which follow a series of regime losses.Assad, quoted by state news agency SANA late Friday, saluted the "heroism" of some 150 soldiers and their families who were able to escape a hospital building in the town of Jisr al-Shughur in northwestern Syria."You represent with your heroism the soldiers of the ...
Jeddah awaits 15,000 pilgrim flights ISLAMABAD: King Abdulaziz International Airport has predicted the arrival and departure of 15,000 flights carrying pilgrims over the next few months.The airport's Haj and Umrah Director Khalid Al-Harby said all flights with pilgrims will be directed to the Haj Terminal. The terminal will be open until mid-Ramadan, he said, Saudi Gazette reported."The northern and southern halls will reopen and operate as usual, receiving all passengers, after the 22nd day of Ramadan," he said.Saudi ministries of ...
Iran aid ship to dock in Yemen Thursday: captain TEHRAN: An Iranian aid ship bound for Yemen in defiance of US warnings has entered the Gulf of Aden and is expected to reach port on Thursday, media reported.The vessel, the Iran Shahed, is carrying 2,500 tonnes of aid including flour, rice, canned food, medical supplies and bottled water, all urgently needed in the conflict-wracked and impoverished state. But the ship's mission has been overshadowed by US calls for it to head to a UN ...

 



 
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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