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Saudi says gradually resumes flights at southern airports ABU DHABI: Saudi Arabia said on Friday it had gradually resumed flights at its southern airports one day after suspending all traffic as it launched air strikes against Houthi fighters in Yemen.International and domestic flights to and from five airports in the south including Jizan and Wadi al-Dawaser had resumed at dawn on Friday, the official Saudi press agency said quoting a statement by the General Authority of Civil Aviation.Saudi had suspended international and domestic flights at seven airports in its south on Thursday after Riyadh and allied Gulf governments launched air strikes against Houthi fighters in YemenCopyright Reuters, 2015 ...

2014 'devastating' year for Palestinians: UN report ISLAMABAD: A new UN report has said that 2014 was a "devastating" year for the Palestinians as "continued occupation undermines the ability of Palestinians to live normal lives."The report, entitled Fragmented Lives, said that 1.8 million people in Gaza experienced an escalation in hostilities during the 2014 conflict between Gaza-based Palestinian militants and Israeli forces, resulting in more than 1,500 Palestinian civilian fatalities, including more than 550 children, and leaving some 100,000 residents without a ...
Saudi halts flights at airports near Yemen border RIYADH: Saudi Arabia halted flights at seven airports near the Yemeni border on Thursday, as it launched air strikes against Huthi rebels in its southern neighbour, the civil aviation department said."The General Authority of Civil Aviation of Saudi Arabia announced a temporary suspension of international and domestic flights to and from airports in the south of the kingdom," from dawn on Thursday, the department said in a statement.Copyright AFP (Agence France-Presse), 2015 ...
Jordan confirms joining Saudi-led intervention in Yemen AMMAN: Jordan on Thursday confirmed it is taking part in a Saudi-led coalition to defend Yemen's President Abedrabbo Mansour Hadi against advancing Shiite rebels who are threatening his stronghold in Aden.An official Jordanian source said its participation in the operation, alongside other Arab countries, was aimed at "supporting the legitimacy, stability and security of Yemen".Copyright AFP (Agence France-Presse), 2015 ...
Syria's Assad meets far-right Belgian politician DAMASCUS: Syria's President Bashar al-Assad on Wednesday received a delegation of Belgian lawmakers led by far-right Flemish nationalist Filip Dewinter, state media reported.State news agency SANA said Assad met the delegation to discuss the conflict in Syria, in which more than 215,000 people have been killed since March 2011.Assad criticised European countries, without naming them, for "making a serious mistake by allying with countries that support terrorism that distorts Islam"."Terrorist organisations and those who support ...
Bahrain jails 11 over police attack DUBAI: Bahrain on Sunday jailed 11 people for 15 years each over an attack on a police station in a Shiite village that left four policemen wounded, the prosecutor's office said.The court in Manama also jailed a 12th defendant for seven years, said prosecutors in the Sunni-ruled kingdom which has a Shiite majority.The 12 were accused of taking part in an attack in October in the village of Aaly, near the capital Manama, during which ...
Israel's Herzog concedes defeat JERUSALEM:Centre-left challenger Isaac Herzog conceded defeat on Wednesday in Israel's general election and said he had congratulated rightwing Prime Minister Benjamin Netanyahu on his win. "A few minutes ago, I spoke with the prime minister and I congratulated him on his achievement and wished him good luck," Herzog said, speaking to Israeli television and radio stations outside his house.Copyright AFP (Agence France-Presse), 2015 ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln