The loan, which was initially provided by four banks, is now being offered to other lenders interested in joining the deal, according to sources.
With a rising Middle Eastern investor interest in sports ventures, sports law practice will thrive in the Gulf, says an expert.
Waad al-Shimal, a joint venture between Maaden, SABIC and US phosphate and potash producer Mosaic, is a massive new project coming up in the far north of Saudi.
The contractor said that its revenues reached Dhs4.9 billion last year, growing by 47 per cent from 2012.
Logistics firm DHL tops the list in 2014, followed by Microsoft, as ranked by Great Place to Work Institute UAE.
Oman relies on oil and gas for 87 per cent of its budget revenue.
UAE officials say procedures for exemption are almost complete.
A report by Lord Stevens, the former Metropolitan Police chief commissioner, cleared Sheikh Mohammed of any wrongdoing.
The telecoms firm has applied to Bahrain’s Ministry of Industry and Commerce for approval to become a public company.
Aziza Al Yousef, the female driving ban opponent, makes the top five most powerful Saudi Arabs.
Aluminium Bahrain’s net income for the final three months of 2013 was 13.7 million dinars ($36.3 million).
The approval will help ensure that the units remain on schedule for commercial operations in 2019 and 2020 respectively.
ADNOC has reduced the gas prices for the second time in two months.
The Abu Dhabi property firm is open to bank loans as well as bonds, according to the firm’s CFO.
RAK Properties has said that the company is expecting a stronger performance in 2014.
Expenses for the quarter, which include wages, interconnection costs and roaming charges, reduced by 2.7 per cent.
The Doha-based carrier has 43 A350-900s and 37 A350-1000s on its order books.
The order by DAE for 20 ATR 72-600s and options for 20 additional ones will see delivery between 2015 and 2018.
Profit rose on the back of gains from the acquisition of Sorouh and handover of residential units.
The club’s CEO Ferran Soriano also confirmed that they did not breach Financial Fair Play rules in the last two campaigns.
The Yemeni defence ministry website quoted sources as saying the militants had Saudi nationality.
Kuwait’s central bank governor has called for an independent legal entity to oversee Islamic financial institutions.
The maturity is part of a $1.75 billion, two-tranche bond which the fund sold in 2009.
The Virgin Group founder was speaking at the Government Summit in Dubai.
Workers will be paid electronically, making it easier for authorities to verify that payments are made on time, according to the new charter.
The two most powerful Arabs in the UAE both work across diversified sectors.
The winner of the international competition will be announced in May 2014.
The course is being designed by international golf course architect Gil Hanse.
The airline said it would operate four weekly flights to Tehran, starting from March 3.
The airline will ground 19 or 20 planes, Emirates’ president Tim Clark said.