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Ex-Yemen leader urges rebel allies to heed UN, pull back SANAA: Yemen's influential former president urged his rebel allies Friday to heed UN demands to withdraw from territory seized in months of fighting so Saudi-led air strikes can end and reconciliation begin.Ali Abdullah Saleh, who still holds sway over army units allied with Huthi rebels who now control large swathes of the country, had welcomed this month's Security Council resolution as a way to "stop bloodshed" in Yemen.More than 1,000 people have been killed in the fighting since late March, according to the United Nations, which said on Friday at least 115 children were among the dead.Saleh, in a statement read on his Yemen Today television channel, said: "I call on (the Huthis) to accept all UN Security Council decisions and to implement them in return for a halt in the coalition forces' aggression.""I urge them and everyone -- militias and al Qaeda as well as militias loyal to (President ...

Saudi Arabia on alert over possible oil or mall attack RIYADH: Saudi Arabia has put security forces on alert for a possible militant attack on a shopping mall or energy installation, the Interior Ministry spokesman Mansour Turki said on Monday."There was information about a possible act targeting a mall or Aramco installations. We passed this information to the security forces to be on alert," he told Reuters.Copyright Reuters, 2015 ...
Palestinian court drops case against ex-Fatah strongman Dahlan: lawyer RAMALLAH: A Palestinian court on Sunday dismissed a high-profile corruption case against exiled Gaza strongman Mohammed Dahlan, one of his lawyers told AFP.Speaking after the hearing, Sevag Torossian said the Ramallah-based corruption court had ruled that the charges against Dahlan -- once a leading figure in the Palestinian Fatah movement -- were "inadmissable", in a move the lawyer hailed as a "great victory". Copyright AFP (Agence France-Presse), 2015 ...
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 ...
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 ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln