The decision to sell the business was due to the bank’s review of “strategic alternatives and operational priorities”, a statement said.
Output from Libya remains at a fraction of the 1.6 million barrels a day it produced prior to the 2011 ouster of leader Muammar Gaddafi.
After a two-hour closure, all diverted flights have proceeded to Abu Dhabi and delayed outbound flights have begun departing, a statement said.
China was Dubai’s top non-oil foreign trade partner, followed by India and the US, figures revealed.
The upgrade will allow the airport to handle wide body aircraft such as the A380 and the Boeing 787.
The remark was one of the strongest signals yet that the world’s top oil exporter has no intention of cutting output in the face of sliding oil prices.
The OPEC member exported 6.897 million barrels per day of crude in October, up from 6.722 million in September.
The SCA also stressed that brokerages must inform clients of any shortages in their margin accounts on a daily basis.
OPEC forecast demand for the group’s oil will drop to 28.92 million barrels per day (bpd) in 2015, down 280,000 bpd from its previous expectation.
The British Embassy in Cairo closed to the public on Sunday, also citing security concerns.
The 400,000 bpd Yasref refinery started trial runs in September and had originally planned its first exports by November.
When fully operational, the mine is expected to produce 100 million pounds of copper in concentrate per year.
Oil prices rebounded three to four per cent after touching five-year lows on Monday.
The Huangs were arrested in January 2013 after their 8-year-old daughter, Gloria, died unexpectedly.
Key will be what OPEC’s biggest producer, Saudi Arabia, decides, with some analysts expecting no price supporting action from the Kingdom.
The recently-opened Al Etihad Credit Bureau aims to serve as a safeguard against a repeat of the credit bubble.
The fog delayed the departure from Abu Dhabi of 44 early morning flights by up to four hours, while several others were cancelled, the airline said.
The emirate beat cities such as New York and London in the survey.
The 25-year-old Northern Irishman believes a six-week break from golf has put him in the ideal shape.
Fiscal reform including taxes is the solution to the region’s oil price dilemma, writes the founder and president of Nasser Saidi & Associates.
Saudi Arabia will use the extra output to meet its own rising energy demands, including both power generation and water desalination.
UAE residents and citizens can now obtain their credit reports from the Al Etihad Credit Bureau’s website or customer service centres for a nominal fee.
The response comes following an Associated Press report quoting an unnamed Shoura Council member.
The African nation hopes to get shipments as early as next year to use in generating power.
Kuwait has said it would ship around two million barrels of crude oil a month to Egypt, giving it priority as a buyer ahead of sales from storage into the Mediterranean market.
Informed by its previous experience, the Kingdom is using an array of tools against jihadi recruitment apart from the media.
Tasweeq will cut exports to 350,000 barrels per day (bpd) from the current levels of 500,000 bpd.
Saudi Arabia beheaded 26 people in August, more than in the first seven months of the year combined.
A huge dome structure weighing 7,000 tonnes has been installed as part of the museum project.
CBK has now reduced its non-performing loans to 1.3 per cent of its total loan book from a 2009 level of 25 per cent.