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10 dead as Kurds battle IS for Syria border town: monitor BEIRUT: Fierce fighting between Kurdish militia and Islamic State (IS) militant for a strategic Syrian border town killed at least 10 people overnight, a monitoring group said on Wednesday.Nine Kurdish fighters of the People's Protection Units (YPG) and one IS militant died in the clashes around Ain-al-Arab on the border with Turkey, the Syrian Observatory for Human Rights said.The militant are just two to three kilometres (a couple of miles) from the town, known as Kobane in Kurdish, said the Britain-based Observatory, which has a wide network of sources inside Syria.Their offensive, launched just over two weeks ago, has sparked an exodus of tens of thousands of mainly Kurdish refugees into Turkey.Kurdish leaders have appealed to the US-led coalition battling IS to provide air support to the town's defenders.But the Observatory reported no coalition air or missile strikes in the area overnight.Ain al-Arab would be a key prize for IS, ...

Two killed as Yemen rebels tighten grip on capital SANAA: Two Yemeni rebels were killed Saturday in clashes with troops loyal to President Abdrabuh Mansur Hadi in the capital which was largely overran last week by the Shiite insurgents.Fierce battles erupted overnight Friday near the presidential complex in southern Sanaa after Huthi rebels attacked the nearby residence of the head of the national security apparatus, witnesses said.The attack, the second of its kind since last week, took place a day after Hadi urged the ...
Damascus says was informed by US of air strikes on IS DAMASCUS: The Damascus government said it had been informed by Washington of the air strikes it began early on Tuesday on Islamic State militant (IS) targets on Syrian soil."Yesterday (Monday), the Americans informed the Syrian representative at the United Nations that strikes would be carried out against the terrorist IS organisation in Raqa," the group's Syrian stronghold, a foreign ministry statement quoted by state television said.The television reported multiple strikes on Raqa province, in the ...
Small boats lifeline for militants besieged Iraq area BALAD: Small, battered metal boats crowd a muddy landing site on the Tigris River, taking on goods and passengers for the trip to an Iraqi area militants have besieged for months.The steady stream of the boats, piloted by Iraqis who brave shelling and sniper fire, has played a key role in supplying the Jubur area in the town of Dhuluiyah across the river, helping keep alive resistance against the militants.The boats at the landing site ...
More than 130,000 Syrian Kurds have fled to Turkey: minister ANKARA: More than 130,000 Syrian Kurds have fled across the border into Turkey, escaping an advance by Islamic State (IS) militant, Turkish Deputy Prime Minister Numan Kurtulmus said on Monday."The number of Syrians has passed 130,000," he told reporters in Ankara, warning that the number would likely rise. IS extremists have seized dozens of villages in the past week as they advance on the town of Ain al-Arab, called Kobane in Kurdish, near the border."If ...
100,000 Syrian Kurds have fled to Turkey: UN GENEVA: Some 100,000 Syrian Kurds have crossed the border into Turkey over the past few days, fleeing an advance by Islamic State (IS) militants who seized dozens of villages near a strategic border town, the UN said Monday.The Turkish government "confirmed the figure" of 100,000, said Melissa Fleming, the spokeswoman for the UN refugee agency, the UNHCR.The UN body on Saturday said that as many as hundreds of thousands of refugees might flee the fighting.Syrian ...
Israel drone crashes inside Lebanon: military source TYRE: An Israeli drone crashed inside Lebanon on Saturday, coming down close to the demarcation line with the Jewish state, a military source."The drone crashed on the Lebanese border, inside Lebanese territory. Lebanese troops are in the area," the source told AFP.There was no immediate comment from Israel, but the incident is not the first of its kind.In February, an Israeli drone crashed on the Blue Line, the UN-demarcated line between Lebanon and Israel.Israeli soldiers ...


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Banking Review 2013

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