Nearly one million foreign workers are estimated to have left Saudi Arabia between last March and November.
The lender, 40 per cent owned by Qatar National Bank, is aiming to raise Dhs1.1 billion through the issuance of 787.9 million shares.
The conditions include a licensing regime for issuers of covered warrants and disclosure requirements.
The bank’s profit rose for a fourth consecutive year, owing to its robust business performance.
Saudi has become a major importer of wheat since abandoning plans for self-sufficiency in wheat in 2008.
The IPO listing is expected to take place before June this year, according to the company’s CEO.
The Dubai Exports office in India is expected to boost the visibility of goods and services from Dubai.
Under the Debts Settlement Fund initivate, banks are required to waive 50 per cent of Emirati debtors’ loans.
The firm appointed Abdulla Lahej as her replacement, industry sources said.
The airline’s second jumbo A380 jet will begin services to the Russian capital from August 1, 2014.
The Mina Abdullah and Mina Ahmadi refineries have restarted but are not expected to return to full production until Friday.
The new centre will maintain the required electricity reserve for emergency cases and monitor quality indicators and network performance.
The deal is expected to cut the costs of a loan which was signed in 2010.
Consumption in the country is double or triple the average of the world, Suhail bin Mohamed Al Mazrouei said.
The two passengers on board sustained “moderate to critical injuries” confirm officials.
Mesaieed Petrochemical Holding Co, a unit of state-owned Qatar Petroleum, raised QAR3.2 billion.
The research partnership comes after findings that desert plants fed by seawater will produce biofuel more efficiently than other well-known feedstocks.
The company has hired a group of international banks to help arrange the sale.
SABIC CEO Mohamed al-Mady said the investment would be in downstream operations.
In a speech to an international conference on Syria, Prince Saud called for the withdrawal of all foreign forces from Syria.
The role will include attending several board meetings each year in Australia.
BK reported a full-year profit for 2013 at $844 million, down from the $1.08 billion recorded for 2012.
The company expects to complete construction of its ‘Mall of Egypt’ project near Cairo by the end of 2015.
The new office will help the company expand its presence in the wider Balkan region.
BAE lost a potential $10 billion deal to sell 60 Eurofighter jets to the UAE late last year.
Ambassador Nicholas Hopton dismissed criticism Qatar has faced in preparation for hosting the event.
The Omega Dubai Ladies Masters golfing tournament continues to raise Dubai’s sporting profile.
Etihad will codeshare on 40 JetBlue routes within the U.S. with further codeshares planned for later in the year.
DEWA has a $1 billion bond maturing in April 2015.
Abraaj’s investment will help Yörsan Group grow both domestically and internationally.