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More children in Middle East, North Africa at risk of no schooling: UN report ISLAMABAD: One in every four children and young adolescents in the Middle East and North Africa region are either out of school or at risk of dropping out, a UN spokesperson said.The report, jointly released by the United Nations Children's Fund (UNICEF) and the United Nations Educational, Scientific and Cultural Organization Institute for Statistics, said that more than 21 million children in the region are at risk of missing out on an education, despite impressive progress in raising school enrollment over the past decade, Stephane Dujarric told, Xinhua reported.The region has seen a 40 percent reduction in the number of out- of-school children in the past ten years, according to the report. "Progress, however, has recently slowed, due to a combination of poverty, discrimination, poor quality learning and obviously conflict," Dujarric said.According to the report, 12.3 million children and young adolescents in the region are out of school. Also, more ...

Egypt, Saudi mull drills as pressure builds on Yemen rebels SANAA: Saudi Arabia and Egypt are considering holding large-scale military exercises after launching air strikes on Yemeni rebels who have been slapped with a UN arms embargo and sanctions.In a possible sign the Saudi-led air campaign against the Shiite rebels might expand into a ground operation, Cairo said it and Riyadh were mulling the drills in Saudi Arabia with other Gulf countries participating."It was decided to form a joint military committee to look into a ...
Egypt, Saudi mull joint exercise amid Yemen air war CAIRO: Egypt and Saudi Arabia are considering holding joint military manoeuvres in the kingdom as the allies carry out air strikes in its neighbour Yemen, President Abdel Fattah al-Sisi's office said.Other Gulf Arab countries would also participate, the Egyptian president's office said late on Tuesday."It was decided to form a joint military committee to look into a large-scale strategic manoeuvre on Saudi territory," said the statement issued after Sisi met Saudi Defence Minister Prince Mohamed ...
Car bombs kill eight in Baghdad area BAGHDAD: Car bombs in the Baghdad area, including one near a hospital, killed at least eight people on Tuesday, security and medical officials said.One blast hit a car park across the street from Yarmuk hospital in the west of the Iraqi capital, killing at least four people and wounding 10.The second struck a residential area in Mahmudiyah, south of Baghdad, killing at least four people and wounding at least 13.Bombings and shootings in the capital ...
Militiamen in Yemen's Aden say two Iranian officers captured ADEN: Local militiamen in the southern Yemeni city of Aden said they captured two Iranian military officers advising Houthi rebels during fighting on Saturday.Tehran has strongly denied providing any military support for the fighters, whose advances have drawn Saudi-led air strikes.If confirmed, the presence of the two Iranian officers whom the local militiamen said were from the Revolutionary Guards would deepen tensions between Tehran and Riyadh, who are vying for influence in the Middle East.Copyright ...
Saudi-led coalition batters Yemen with most intense raids ADEN: Warplanes from a Saudi-led coalition battered southern Yemen overnight in the most intense strikes since the launch of a campaign against Iran-backed rebels last month, residents and officials said on Friday."In Aden, the raids began at around 10:00 pm (1900 GMT) on Thursday and were the most violent since the start of 'Operation Decisive Storm'," a resident of the southern city told AFP.The air strikes lasted well into the night, said other residents of ...
Iraq PM says 'next battle' is retaking Anbar BAGHDAD: Iraqi Prime Minister Haider al-Abadi said Wednesday the country's "next battle" is retaking Anbar province from the Islamic State jihadist group, his most direct statement yet on Baghdad's next target."Our next stand and battle will be here in the land of Anbar to completely liberate it," Abadi said from a base in the province west of Baghdad, according to his office.Abadi announced last week that Iraqi forces retook the city of Tikrit from IS, ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln