Jallal, who was senior vice-president of investment banking at Saudi Fransi Capital, the investment banking unit of BSF, resigned last month.
Passavant-Roediger, a German subsidiary of UAE-based Drake & Scull International, will undertake one project in Gujarat and one in Rajasthan.
Funds from the programme will go toward expanding the bank’s day-to-day business.
Qatar Airways joins Emirates in providing more access to and from Tokyo’s second airport
Etihad Airways said all flights into Abu Dhabi were temporarily diverted to other airports in the region.
The warning comes as Etisalat and Khalifa Foundation plan to auction VIP packages that would provide certain privileges to customers.
Technical failure forces Abu Dhabi flights to other regional airports
The strategy includes 100 initiatives in transport, communications, infrastructure, electricity and urban planning.
The two children, aged 10 and 11, had been instructed by “terrorists” to plant a bomb in Daih, a ministry statement said.
The 2014 Gulf Business Salary Survey reveals the best-paid jobs in the Kingdom.
Germany’s Lufthansa has announced plans to offer wirelessly streamed movies to passengers.
In a cabinet statement published on the official news agency, Qatar said it would not reciprocate with the same move.
Saudi Arabia, Bahrain and the UAE said on Wednesday they were withdrawing their ambassadors from Qatar.
The jumbo jet will feature eight seats/beds in first class, and customers will have access to an exclusive lounge on board.
The UAE has passed a new ruling exempting citizens from 13 European member states from requiring a pre-entry visa.
The new cinema complex is located at ‘The Beach’, a retail destination being developed by Meraas Holding in Dubai Marina.
Mannai and EFG-Hermes took control of the jeweller in April 2012, with Mannai holding 66 per cent of Damas.
Dubai and Abu Dhabi feature among the top 10 global cities seeing a rise in luxury residential property prices, according to Knight Frank.
They accused Doha of not implementing an agreement among GCC countries not to interfere in each others’ internal affairs.
The Kingdom’s stock market saw five IPOs in 2013 worth around $506 million, down in both volume and value from 2012.
The conglomerate obtained money for the prepayment from asset sales.
Under the deal, Arabtec Construction will build over 1,500 townhouses in Emaar’s Reem community.
New survey attributed the higher than average rates during the start of the year to the holiday season.
The city’s third Sofitel will have a strong artistic flavour
The company said EBITDA fell because of dropping revenue at its Indonesian unit Indosat and Myanmar start-up costs.
In 2013, there were four separate examples of consolidation in the Bahraini banking sector.
Ras Al Khaimah Ceramics has a market capitalisation of $781 million.
The 2014 Gulf Business Salary Survey reveals the best-paid jobs in the UAE.
Mubadala shifted some of its focus to emerging markets after the global financial crisis hit the United States and Europe.
Etisalat agreed to buy Paris-listed Vivendi’s 53 per cent holding in Maroc Telecom for 3.9 billion euros last November.