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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 intelligence service announced in mid-March it had arrested 31 suspected members of the Islamic State militant group who were part of a cell responsible for 52 bomb attacks in 2014 and 2015.Some attacks have been carried out in recent weeks in Baghdad, which at one point last year used to be rocked by car bombs almost every day, but their number has dropped this year.The years-old nightly curfew on Baghdad was lifted last month.Copyright AFP ...

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 ...
Netanyahu, Boehner hail 'strong' US, Israel ties      JERUSALEM: US House Speaker John Boehner and Israeli Prime Minister Benjamin Netanyahu hailed Wednesday the "strong" ties between their nations, amid tensions between Netanyahu and the Obama administration. But ahead of a meeting between in Jerusalem, they both avoided directly addressing negotiations between world powers and Iran over Tehran's contested nuclear programme.Arriving in Jerusalem as head of a delegation of lawmakers visiting US allies in the Middle East, Boehner said that, wherever they have been, ...
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 ...
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 ...


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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