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Saudi-led coalition pounds rebels in Yemen's Aden ADEN: A Saudi-led coalition bombarded rebel positions early on Wednesday in Yemen's main southern city Aden in a seventh night of raids that also targeted the capital and other areas.In Aden, the strikes were focused on the rebel-held provincial administration complex in Dar Saad in the north of the city, according to a military official.He said there were "many dead and wounded" among the Huthi rebels but was unable to give a precise toll.The coalition has vowed to keep targeting the Huthis and allied army units loyal to former strongman Ali Abdullah Saleh until they end their insurrection.Iran is also accused of backing the rebels but Tehran denies providing military support.The headquarters of a renegade army brigade loyal to Saleh was targeted overnight in the north of Aden, as well as the city's international airport, the military official said.Militia fighters loyal to President Abedrabbo Mansour Hadi have captured 26 Huthis ...

Lausanne deal would pave way for nuclear-armed Iran: Netanyahu JERUSALEM: The deal being hammered out between world powers and Iran on its nuclear programme would "pave the way" to a nuclear-armed Tehran, Israeli Prime Minister Benjamin Netanyahu said Tuesday."The greatest threat to our security and our future was and remains Iran's attempt to be armed with nuclear weapons," he said in a speech to parliament."The agreement being formulated in Lausanne paves the way to that goal," Netanyahu said, referring to talks between Iran and ...
Russia, Iran, Syria share same vision: Assad WASHINGTON: Syrian President Bashar al-Assad says he shares the same goals as Iran and Russia when it comes to the brutal war tearing apart his country.Assad, speaking on PBS television in excerpts of an interview airing on Monday, insisted that close allies Russia and Iran "want to have balance in the world.""It's not only about Syria. I'm (a) small country. It's not about having a huge interest in Syria. They could have it anywhere else," ...
US drone killed two Iranian troops in Iraq: state media TEHRAN: Two Iranian Revolutionary Guardsmen were killed by a US drone in the Iraqi city of Tikrit, Iranian state media said Monday, in a report that was denied by the Pentagon.The official IRNA news agency said the two had been posted to Iraq as advisers in the war against Islamic State (IS) group jihadists and that they died in the drone strike on March 23.Pictures of the two men, named as Ali Yazdani and Hadi ...
UN Secretary General troubled by Iraq abuse claims, refugees BAGHDAD: United Nations Secretary General Ban Ki-moon said on Monday he was concerned about reported abuses by Iraqi pro-government forces and militias in their war against Islamic State.Ban, who read his remarks alongside Iraq's Prime Minister Haidar al-Abadi, called for the different "volunteer armed groups" - a broad term referring to Shia paramilitary factions - to be brought under government control.He also told reporters he worried that neither Baghdad nor the world community was capable ...
Putin letter to Arab summit triggers strong Saudi attack SHARM EL-SHEIKH: Saudi Arabia accused Russian President Vladimir Putin of hypocrisy on Sunday, telling an Arab summit that he should not express support for the Middle East while fuelling instability by supporting Syrian leader Bashar al-Assad.In a rare move, Egyptian President Abdel Fattah al-Sisi announced that a letter from Putin would be read out to the gathering in Egypt, where Arab leaders discussed an array of regional crises, including conflicts in Syria, Yemen and Libya."We ...
Yemen FM rules out Huthi talks until surrender CAIRO: Yemen's foreign minister on Sunday ruled out any dialogue with Huthi rebels until President Abedrabbo Mansour Hadi's government retakes full control of the country.Foreign Minister Riyadh Yassin said there could be "no negotiations and dialogue until the legitimate government has control over all Yemeni lands"."Any party that wants to talk about dialogue has to first give up weapons seized from bases and return them to the state," he told Egyptian state television in an ...


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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