The Jeddah-based firm held SAR2.49 billion ($664 million) in assets under management at the end of 2013.
ADNOC said on Wednesday it raised benchmark Murban crude prices to $56.55 per barrel, up $10.15 from the previous month.
The two sides agreed terms late last month, but the contract which Arabtec subsequently received included less attractive terms for the company.
New visa exemptions and more routes from Emirates helped the country become a popular incentive destination.
Vida Town Square Dubai will have about 180 rooms and serviced residences and will overlook the central park of the development, which is the size of 16 football fields.
The emirate’s 2014/2015 cruise season has 94 confirmed vessel calls, up from 75 in the previous season.
The bank has picked Abu Dhabi Islamic Bank, Al Hilal Bank, Dubai Islamic Bank, Emirates NBD, HSBC, KFH Investment and Standard Chartered to arrange the sukuk sale.
Falling oil prices and an imminent liquidity crisis are the other top risks that UAE executives fear might impact their local operations.
Investment Minister Ashraf Salman said the aid included oil shipments, cash grants and deposits in Egypt’s central bank.
The new non-stop service will begin from June 3, with Bali becoming Emirates’ 148th global destination.
A number of Gulf-based banks have issued, or are planning to issue, Tier 1 bonds or sukuk, including Dubai Islamic Bank and Doha Bank.
Luxury operator’s arrival further stokes competition in the Kingdom’s five-star sphere
The bank’s CEO said that the lender is targeting organic growth in the country and globally.
Following the deal, Eiffel Management will own 100 per cent of REIT manager’s total issued share capital.
Hilton Garden Inn Dubai Al Jadaf becomes the brand’s fourth Dubai project
A major challenge in the region is extreme climate and weather conditions, says Alawiye.
Over the counter medications are one of the biggest growth areas for medical marketing firms such as Lunatus, says Dr Koualty.
Saudi Arabia plans to open its stock market to direct investment by foreign institutions in the first half of 2015.
The airline has confirmed that the A380 flight made a safe landing at the Dubai Airport.
Flights will be subject to increased safety and security requirements, the regulator said.
Higher OSPs would come as a vote of confidence by the OPEC kingpin in oil demand recovery.
Abbas Yazdi, a businessman of Iranian descent who owns a general trading company in Dubai, disappeared in June 2013.
He was responding to allegations made by the three largest U.S. airlines, Delta Air Lines, American Airlines and United Airlines.
Hassad Food, wholly owned by the Qatar Investment Authority, was set up in 2008 to boost the Gulf country’s food security.
The bank is borrowing from financial markets again as it recovers from a debt restructuring.
Tuesday’s price of SAR35.30 per share means around $13 billion has been wiped off Mobily’s market value since May.
The brand launched in the UAE six months ago and its current portfolio includes eight smartphone models.
The development features 479 residences and is located within Dubai Hills Estate.
No purchase price or stake size was disclosed.
Dubai’s stock index fell 0.8 per cent as most stocks declined.