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At least 10 killed in overnight fighting in Yemen's Taiz CAIRO: At least 10 people were killed in overnight battles in the Yemeni city of Taiz between Houthis and militiamen, residents and medical sources said on Sunday.The fighting in Taiz comes despite a five-day humanitarian truce which began on Tuesday to distribute aid to the millions deprived of food, fuel and medicine by weeks of fighting.Saudi Arabia, leading a coalition of Arab states backed by the West, has pounded Iranian-allied Houthi forces and fighters loyal to Yemen's former leader Ali Abdullah Saleh since March 26, aiming to restore President Abd-Rabbu Mansour Hadi.Some fighting also took place in the city of Dhalea on Saturday night but there was no immediate information on casualties.A conference between Yemeni political groups has been scheduled by President Hadi's government for Monday in Riyadh after the ceasefire ends.The conference was rejected by both the Houthis and fighters loyal to former president Saleh, meaning it will not ...

Netanyahu coalition 'against peace and stability': Palestinians RAMALLAH: A new coalition government formed by Israeli Prime Minister Benjamin Netanyahu is "against peace and stability in the region", a senior Palestinian official said on Thursday.The remarks by chief Palestinian negotiator Saeb Erakat came after Netanyahu hammered together a coalition just ahead of a midnight deadline, giving him a knife-edge majority of just one seat in parliament.Copyright AFP (Agence France-Presse), 2015 ...
Saudi king sacks senior aide for photographer 'slap' RIYADH: Saudi Arabia's King Salman sacked a senior aide on Tuesday, shortly after a video posted online appeared to show the official slapping a photojournalist, state media said. Salman replaced the head of royal protocol Mohammed al-Tobayshi with Khalid al-Abbad, according to a decree published by the SPA official news agency.In a video circulated on social media, Tobayshi appeared to slap one of the photographers covering the Saudi monarch's reception of Morocco's King Mohammed VI. ...
US, allies conduct 22 air strikes in Iraq against Islamic State: coalition WASHINGTON: The United States and its allies staged 22 strikes on Islamic State targets in Iraq in a 24-hour period ending on Monday morning, the Combined Joint Task Force said in a statement.The air strikes hit near Bayji, Sinjar, Fallujah and other cities and struck tactical units, caches and buildings, the statement said.There were no air strikes in Syria during that period, the military said.Copyright Reuters, 2015 ...
Saudi-led troops in 'limited' first Yemen deployment ADEN: The Saudi-led coalition battling rebels in Yemen sent a "limited" force to the city of Aden on Sunday, Yemeni sources said, in what would be its first ground deployment inside the country.A spokesman for the coalition denied that a major ground force has landed, refusing to comment on "ongoing operations".But Yemeni government and militia forces said several dozen troops had landed in the main southern city, with some sources saying they were to assist ...
Ethiopian Israelis clash with police as anti-racism protests continue TEL AVIV: Israeli mounted police charged hundreds of ethnic Ethiopian citizens and fired stun grenades on Saturday to try to clear one of the most violent protests in memory in the heart of Tel Aviv.The protesters, Israeli Jews of Ethiopian origin, were demonstrating against what they say is police racism and brutality after the emergence last week of a video clip that showed policemen shoving and punching a black soldier.Demonstrators overturned a police car and ...
Kerry hopeful of UN solution to Yemen crisis COLOMBO: US Secretary of State John Kerry said Saturday the United States was working "very hard" to help negotiate a solution to the crisis in war-torn Yemen through the United Nations.Speaking to reporters in Sri Lanka, Kerry said it was not inevitable that Yemen, the scene of Saudi-led air strikes on Huthi rebels, would become a failed state. "I will not say yet that the verdict is in on what Yemen is going to be ...

 



 
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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