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Hadi reclaims stake as president to end Yemen chaos ADEN: Yemeni President Abedrabbo Mansour Hadi has retracted his resignation after escaping house arrest in the militia-controlled capital, an aide said Tuesday, staking a claim to lead the country out of crisis.The embattled leader had tendered his resignation last month after the Shiite militia, known as Huthis, seized the presidential palace and besieged his residence in Sanaa.He made a surprise escape from house arrest on Saturday and resurfaced in Aden, capital of the formerly independent south Yemen, where he has resumed his duties and branded all measures adopted by the Huthis "null and illegitimate".An aide to Hadi said Tuesday that the 69-year-old native of southern Yemen had sent a letter withdrawing the resignation to parliament, which had never met to formally accept it."I have withdrawn my resignation which I tendered to your esteemed parliament," Hadi wrote in the letter, a copy of which was seen by AFP.Hadi urged lawmakers to ...

Syria Kurds seize territory in anti-IS offensive BEIRUT: Kurdish fighters have launched an offensive against jihadists in Syria's northeastern Hassakeh province and pushed them from several areas, a monitoring group and the main Kurdish party said.The offensive, launched late on Saturday, is aimed at retaking the town of Tal Hamis and areas around it that are under the control of the Islamic State group, the Syrian Observatory for Human Rights said.Kurdish militia forces, known as the People's Protection Units (YPG), "managed to ...
Kuwait jails opposition leader for insulting ruler KUWAIT CITY: Kuwait's appeals court sentenced prominent opposition leader Mussallam al-Barrak to two years in jail on Sunday on charges of insulting the Gulf state's ruler, his group said.The charges relate to a speech he gave to tens of thousands of demonstrators in October 2012 protesting changes to the electoral law which he said would allow the ruling Al-Sabah family to manipulate the outcome of elections.Barrak was a member of parliament at the time but ...
Huge blaze guts 79-floor Dubai skyscraper DUBAI: Hundreds of panicked residents fled one of the tallest towers in Dubai early Saturday as a huge fire engulfed the skyscraper, causing extensive damage to its luxury flats.The inferno gutted the upper part of 79-storey Torch tower, triggering an evacuation of nearby blocks in the Dubai Marina neighbourhood, an AFP correspondent reported.Amateur footage posted online showed fire engulfing the upper floors of the tower -- home to hundreds of expatriates -- with debris falling ...
Fire hits Dubai skyscraper DUBAI: A huge fire engulfed one of the tallest towers of the Gulf emirate of Dubai early Saturday, an AFP correspondent reported.The blaze has gutted the upper part of The Torch residential skyscraper, which stands 336.1-metre (1,105-feet) high, triggering an evacuation of nearby towers in the Dubai Marina neighbourhood, according to the correspondent.No deaths have been reported so far, with the blaze brought under control and hundreds of residents of the nearby towers allowed to ...
UAE voted the most creative country in Mena region ISLAMABAD: UAE was voted as the most creative country in the Middle East and North Africa (Mena) region at 56 percent, in a study on education and innovation.According to `Education and Innovation in the Middle East and North Africa', a study by commissioned by Dubai Knowledge Village; 89 per cent of Mena professionals agree that creative thinking is key to driving social and economic growth in their country, Khaleej Times reported.The poll surveyed 5,891 ...
Qatar recalls ambassador from Egypt over Libya strikes DOHA: Qatar recalled its ambassador to Egypt Thursday "for consultation" following a row at an Arab League meeting over Cairo's air strikes on militant targets in Libya, Qatari state media said.A foreign ministry official said Doha was recalling its envoy over a statement by Egypt's delegate to the Arab League, according to the QNA state news agency. QNA gave no details about the statement but the Doha-based Al-Jazeera news channel said the Egyptians accused Qatar ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln