Hungarian oil and gas group MOL’s shares were down 4.1 per cent on Friday, a five-week low.
The loan is expected to help Japan win new and renewing energy concessions.
Emirates boss Sheikh Ahmed tops the Gulf Business list of the most powerful Arabs in the United Arab Emirates.
The agreement would allow Japan to quickly seek additional oil supplies via a telephone hotline.
Decline was expected but still beat forecasts thanks to 10.8 per cent fall in impairments.
The company enjoyed better than predicted profit growth last quarter of $501 million.
Expatriate numbers are to be reduced from 39 per cent of Oman’s population to 33 per cent.
The UAE’s finance ministry placed Dhs70 billion with banks to shore up their balance sheets after the the financial crisis in 2008.
Sultan Qaboos bin Said has revived a custom of travelling on month-long tours around Oman, holding “consultation sessions” with local people.
More than double the 42.2 billion riyal surplus recorded in the same quarter of the previous year.
Payments worth a total of Dhs46.8 billion were marked as invalid in 2012, a drop of 15.3 per cent.
Study finds 56 per cent of workers are worried about their future finance plans after work.
The UAE government’s two-month amnesty programme ended on February 4, 2013.
The emirate has set its sights on becoming a global centre for Islamic business activity.
Marriott and FedEx Express join the computer giant for the second year in a row in the top three.
The Emirates Banks Association has sent its recommendations on proposed mortgage caps to the UAE central bank.
Abu Dhabi National Energy Co (TAQA) attributed the fall in profit to lower gas prices and tax charges.
The property developer made a net profit of Dhs38.6 million last year.
CEO targets new partnerships for Dubai and Abu Dhabi properties
The Saudi Arabian city offers a “cheap cost of living in a more stable environment,” says new survey.
Opposition groups have suggested they would attend but cited differences with the government over the aim of the talks.
Mohammed bin Abdulmalik Al al-Sheikh has been appointed as chairman of the Kingdom’s Capital Market Authority
Emirates boss Sheikh Ahmed bin Saeed Al-Maktoum said the deal was worth “above $10 million”.
UK authorities have been investigating the bank’s fundraising from Qatar at the height of the 2008 financial crisis since July.
Qatar Steel, a subsidiary of Industries Qatar, launched a $5.7 billion aluminium plant in December 2009.
The Abu Dhabi airline is planning to buy a 24-per cent stake in Jet for up to $330 million, according to sources.
Emirates National Oil Company (ENOC) aims to reduce imports of extra light oil from Iran.
The lender said it recorded healthy growth across its asset and deposit bases last year.
Although the new SME law passed by the UAE will encourage the sector, more needs to be done, says expert.
The logistics firm is eyeing acquisitions and joint ventures in Africa, Central Asia, and Asia.