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Preliminary Israeli vote count puts Netanyahu in lead with 24pc TEL AVIV: Israeli Prime Minister Benjamin Netanyahu looked set for victory on Wednesday as the preliminary vote count put his Likud party well ahead of its nearest rivals in a result likely to further strain relations with the Palestinians.With around 70 percent of votes counted, Likud was leading with 23.73 percent, the Central Elections Committee said, with the centre-left Zionist Union trailing on 19.06 percent.Public radio said the data represented 30 seats in the 120-member parliament for Likud and 24 for the Zionist Union.Netanyahu had already claimed victory in Tuesday's election and the initial results seemed to ensure him a third straight term, although he will need the backing of his allies to form a coalition.Exit polls published on two TV stations had given Likud and Zionist Union 27 seats each in the 120-member parliament. A third poll gave Likud a one-seat lead.Netanyahu had put security at the forefront of ...

Israeli voting polls open for general election JERUSALEM: Voting polls opened on Tuesday, AFP correspondents said, for unpredictable elections to determine whether Israelis still want incumbent Prime Minister Benjamin Netanyahu as leader, or will seek change after six years.Over 5.8 million voters can cast their vote between 0500 GMT and 2000 GMT in 10,372 polling stations nationwide for parties which will comprise the 120-member Israeli parliament. The next prime minister will be the party leader in the best position to form a ...
Baghdad attacks kill 17 BAGHDAD: Attacks in and around Baghdad, mostly bomb blasts, killed at least 17 people on Wednesday, Iraqi police and medical sources said.The deadliest single attack was a car bombing in the Hurriya district which killed nine people and wounded 30, a police colonel and a hospital official said.A bomb also exploded near a car park in Al-Obeidi neighbourhood in the east of the city, killing two and wounding seven, a police officer and a medic ...
Qatar moves fiscal year-end, reforms budget policy DUBAI: Qatar's government is moving the end of its fiscal year to Dec. 31 from March 31 and giving more power to the finance ministry in reforms designed to help the government carry out tens of billions of dollars of infrastructure projects.The changes are contained in a financial system law issued on Tuesday by the emir, Sheikh Tamim bin Hamad al-Thani, the official Qatar News Agency reported.Finance minister Ali Sherif al-Emadi told QNA that the ...
King Salman pledges to maintain stability, create jobs RIYADH: Saudi Arabia's King Salman said he would fight corruption, diversify the economy and confront anybody who challenged the stability of the world's top oil exporter in his first big speech since taking power on Jan. 23.His speech, carried on state television, focused on the need to create private sector jobs for young Saudis, a main policy goal for many years as Riyadh strives to meet a looming demographic challenge while controlling public spending.Addressing the ...
MERS kills 10 more in Saudi, health campaign broadened RIYADH: The MERS virus has killed 10 more people in Saudi Arabia over the past week, pushing the death toll above 400, as health officials broaden their campaign to halt its spread.Saudi Arabia is the country worst-hit by Middle East Respiratory Syndrome coronavirus (MERS-CoV).The latest deaths occurred between February 27 and March 5, adding to a surge of cases that killed 30 people in February alone.Six of those deaths were in Riyadh, health ministry data ...
US will not take eye off Iran's 'destabilising' acts: Kerry       RIYADH: The United States is keeping an eye on Iran's 'destabilising' acts while the two nations try to reach a deal on Tehran's nuclear programme, Secretary of State John Kerry said Thursday."Even as we engage in these discussions with Iran around this programme, we will not take our eye off Iran's destabilising actions in places like Syria, Lebanon, Iraq and the Arabian Peninsula, Yemen particularly," he told reporters in Riyadh.Kerry, who arrived in Saudi Arabia ...


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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 $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln