Ali al-Emadi, QNB’s previous CEO, became Qatar’s new finance minister following a cabinet reshuffle in June.
The UAE will make a $1 billion grant to Egypt and a $2 billion loan.
The debt-ridden developer made a net profit of Dhs1.2 billion during the first half of the year on higher revenues.
The new 10-digit codes will eliminate the need for complicated and lengthy street addresses.
Patrick Allman-Ward currently works as the general manager for Dana Gas Egypt.
South Korea’s Daelim Industrial Co will build an ammonia plant at Ras Al Khair, on the eastern coast of the Kingdom.
The double-decker will cater to growing leisure demand and serve multiple destinations across Emirates’ global network.
The factory, located in Yanbu, is being developed by a joint venture of Kuwait’s Alghanim and Saint-Gobain.
Working hours for private and public offices during Ramadan have also been issued.
Dubai has alledgely put its 26 per cent stake in Axiom Telecom and 35 per cent stake in Tunisie Telecom on the block.
The fourth phase of the registration campaign ends on July 16.
Sources say between 40-70 people have lost their jobs at the General Secretariat of the Executive Council.
The Abu Dhabi carrier attributed its eight per cent rise in Q2 revenue in part to its codeshare and equity alliance partners.
Public transport facilities including the metro and buses will operate on revised timings during the holy month.
The move is in preparation for its complete acquisition by Dubai Islamic Bank
Apartment sale prices rose significantly in the second quarter of the year compared to Q1 2013, finds new report.
The Kingdom’s health ministry said another three people had been confirmed as being infected with MERS.
The UAE pledged $3 billion in aid for Egypt in 2011 that has yet to be delivered.
Dubai World’s investment arm Istithmar bought the vessel from Cunard for $100 million back in 2007.
EICMP has said it will focus on the European B2B market, targeting the pharmaceutical, cosmetic, sport and nutritional fields.
The bomb exploded as police were securing an area in the Shi’ite town of Sitra, killing one and injuring two other policemen.
Last month the Abu Dhabi carrier and JAT signed a preliminary agreement over a possible equity investment.
Most of the cases of MERS have been in Saudi Arabia, with 40 people killed so far.
Emadi was appointed finance minister only recently following a cabinet reshuffle after the ascension of Sheikh Tamim bin Hamad al-Thani as Emir of Qatar.
Despite an abundance of construction projects in Qatar, local real estate developers constitute a fraction of those benefitting from the boom.
The Mena region’s approach to alternative energy infrastructure is fragmented and needs work to foster new technology.
Kuwait’s ruler Sheikh Sabah al-Ahmad al-Sabah congratulated Egypt’s interim president and people.
The Roads and Transport Authority plans to sign MoUs for the tram project within the next few months.
The two sectors together account for over half of the Saudi market’s capitalisation.