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Saudi-led coalition batters Yemen with most intense raids ADEN: Warplanes from a Saudi-led coalition battered southern Yemen overnight in the most intense strikes since the launch of a campaign against Iran-backed rebels last month, residents and officials said on Friday."In Aden, the raids began at around 10:00 pm (1900 GMT) on Thursday and were the most violent since the start of 'Operation Decisive Storm'," a resident of the southern city told AFP.The air strikes lasted well into the night, said other residents of Aden, especially the municipal headquarters of Dar Saad at the city's northern entrance.They were carried out a few hours after Huthi rebels and renegade army soldiers loyal to former president Ali Abdullah Saleh arrived at the building, according to the residents.Coalition aircraft also targeted other positions, including a stadium in the centre of the city and checkpoints manned by the rebel forces.There was no way to immediately verify the reports."Extremely violent" air raids also targeted ...

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, ...
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 ...


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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln