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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, in Baghdad's biggest victory to date over militants who overran large parts of the country last June.The question then became whether the next target would be Nineveh, IS's main stronghold in the country and the first province to fall last year, or Anbar, a massive desert province that stretches from the borders with Syria, Jordan and Saudi Arabia to the western approach to Baghdad.While IS has gained further ground in Anbar since June, the government's ...

Iraq PM says will cooperate with Kurds to liberate Nineveh BAGHDAD: Iraqi Prime Minister Haider al-Abadi said the Baghdad government would work with Kurdish authorities to liberate the northern province of Nineveh from Islamic State militants.During his first visit to the Kurdistan region since becoming Prime Minister last year, Abadi said Baghdad and Erbil faced a common enemy and would improve ties to help confront the threat."Our visit to Erbil today is to coordinate and cooperate on a joint plan to liberate the people of ...
Yemen rebels quit Aden palace, Qaeda makes gains ADEN: Saudi-led air raids drove back rebels in the last stronghold of Yemen's absent president on Friday, while al Qaeda militants seized a major army base in the southeast.The impoverished Arabian Peninsula state has sunk further into chaos since the coalition spearheaded by Riyadh launched Operation Decisive Storm on March 26 to try to halt the advance by Huthi rebels.The turmoil has raised fears that al Qaeda will expand its foothold in the deeply tribal ...
Syria says Iran nuclear deal will ease regional tensions BEIRUT: Syria said on Friday the framework deal Tehran has struck with world powers on its nuclear programme was the result of efforts by Iran to ease geopolitical tensions. "Syria welcomes the statement issued on the discussions," state television quoted a foreign ministry source as saying. Syria "considers that this framework agreement will be followed by positive steps and will be another contribution by Iran to ease tensions in the region and the world." The ...
Iran nuclear deal step in 'very dangerous' direction: Israel JERUSALEM: Israel warned Friday that Iran's framework accord with world powers on its controversial nuclear programme was "very dangerous," accusing Tehran of seeking an atomic weapon."This framework (agreement) is a step in a very, very dangerous direction," government spokesman Mark Regev told journalists, adding that Iran's "single goal" behind the accord was to build a nuclear bomb. "Not only does it leave Iran with an expensive nuclear infrastructure but it fails to shut down even ...
Car bomb kills six in central Baghdad BAGHDAD: A car bomb exploded in a crowded area of Baghdad Thursday and killed six people, one of the worst since a militant cell responsible for a string of such attacks was dismantled.The explosion rocked the Bab al-Mudham area, a busy part of the city, on a street with many shops and lined with minibuses waiting for passengers, police said.At least six civilians were killed and 18 wounded, police said. Medical sources confirmed the toll.Iraq's ...
UAE sandstorm disrupts air traffic in Dubai and Abu Dhabi DUBAI: A major sandstorm across the United Arab Emirates has disrupted air traffic at airports in Dubai on Thursday, according to authorities, while online flight data showed Abu Dhabi was also impacted by the bad weather."Normal operations have been disrupted at Dubai International (DXB) and Al Maktoum International (DWC) due to bad weather across the GCC," Dubai Airports, which operates both airports in the emirate, said on its website.Dubai International was the world's busiest airport ...


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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln